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September 23, 2020
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CONTINENTAL DEVELOPMENT CORPORATION (El Segundo, CA) announced that it has signed a significant office lease at Continental Park with the Pancreatic Cancer Action Network. The tenant will be relocating its headquarters into a full floor, consisting of 24,000 square feet, at 1500 Rosecrans Avenue in Manhattan Beach. 1500 Rosecrans Avenue is a five-story, multi-tenant building consisting of 123,000 rentable square feet, including a 24 Hour Fitness facility on the ground floor. It is located on the south side of Rosecrans close to Sepulveda Blvd. The non-profit advocacy organization will be moving and expanding from 2141 Rosecrans Ave, another Continental Development building within Continental Park.

Pancreatic Cancer Action Network’s new lease is for ten years and, while the total transaction value is not being released, the asking rate for space in the building is $2.50 per square foot per month, full service gross. Continental negotiated the landlord side of the transaction in-house, while the tenant was represented by Andrew Jennison from L.A. Realty Partners, based in Century City. The space planner and designer for the new space is Culver City-based Wolcott Architecture /Interiors and the contractor is 2H Construction, located in Signal Hill.

About Continental Park:
Fronting along the South Bay's vibrant Rosecrans corridor, Continental Park combines premium office space with adjacent first class retail, recreation and residential amenities in a high-quality campus setting, surrounded by the extremely desirable Manhattan Beach and El Segundo communities.

Continental Park encompasses:
• 86 acres, 3 million square feet of low and mid-rise office structures arranged in a lushly landscaped campus setting
• A comprehensively planned, managed and maintained environment
• The finest retail, restaurant, hotel and entertainment amenities in the South Bay
• Golf, tennis, three fitness centers, boutiques, shops and two regional malls, all within walking distance
• On-site property management and leasing

About Continental Development Corporation:
Continental Development’s mission is to develop and build projects of the highest quality and to actively support measures which contribute to the quality of life in the communities in which it does business.
The company:
• Has over 45 years of real estate development, ownership and
management experience.
• Developed and manages 4 million square feet of premium office, research and development, commercial, retail, restaurant and entertainment properties.
• Focuses on California's suburban and urban centers.
• Continuously demonstrates leadership in community, social and environmental affairs, winning numerous civic, environmental and industry awards.
From Continental Park, the company’s signature mixed-use development, and Skypark, a prominent office and medical center, both in Los Angeles County's South Bay region, to office and hotel properties in the heart of San Francisco, Continental's projects continue to be models for how business and surrounding communities mutually benefit from superior real estate development.

About the Pancreatic Cancer Action Network:
The Pancreatic Cancer Action Network is the only national organization creating hope in a comprehensive way through research, patient support, community outreach and advocacy for a cure. The organization raises money for direct private funding of research – and advocates for more aggressive federal research funding of medical breakthroughs in prevention, diagnosis and treatment of pancreatic cancer.

The Pancreatic Cancer Action Network fills the void of information and options by giving patients and caregivers reliable, personalized information they need to make informed decisions. It creates a sense of hope and community so no one has to face pancreatic cancer alone. The organization helps support individuals and communities all across the country to work together to raise awareness and funds to find a cure for pancreatic cancer.

For more information, go to:

Carol Sutor
2041 Rosecrans Ave, Suite 200
El Segundo, CA 90245
T: (310) 640-1520

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