Ocean West Capital Partners has acquired the Smoky Hollow Flex Campus, a 152,000-square-foot flex industrial campus on 5.1 acres located in the Smoky Hollow submarket in El Segundo.
Purchased in an off-market transaction, the project, originally built in the 1960s as a research and development facility for Wyle Laboratories, features a brick façade, roll-up loading doors, ceiling heights ranging from 15 feet to 36 feet, and a parking ratio of 2.0 per 1,000 square feet. The campus is a rare contiguous block of available space in a highly desired industrial market in Southern California.
Ocean West plans to implement a comprehensive multimillion-dollar repositioning of the asset with the goal of positioning it as the premier flex-industrial campus in the market, catering to the long-established aerospace and defense, and the burgeoning technology, life sciences and entertainment industries. The renovation will touch all facets of the property and will include extensive