Sandstone Properties sold an office complex in El Segundo for $31 million, completing an off-market deal at a time when the city is experiencing a real estate boom. The Sherman Oaks-based Sandstone acquired the 55,000-square-foot vacant building for $4 million in 2004. Sandstone sold the property 2221 PPA, LLC, operated by the firm’s founder, Eri Kroh.
Sandstone Properties scores big profit on office complex in hot El Segundo (The Real Deal)
April 10, 2019by sandstoneadmin2019