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11/30/18
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Radiology Partners inked a lease for 68k sf of space at Ascend, an 80k sf creative office building in El Segundo. Radiology Partners is the largest physician-owned and physician-led radiology practice in the nation.
Located at 2330 Utah Ave, Ascend is part of the Utah Avenue Campus, a six-building office complex at the heart of El Segundo’s Utah Tract. The building offers a highly customizable design and future-focused space. Ascend features 24’ clear height ceilings, abundant light and private outdoor collaboration space.
Jacob Bobek of CBRE represented the tenant, which will be using the location as its new headquarters space. The landlord, NSB Associates, a real estate development and investment firm, was repped by Blake Searles of JLL. Terms of the lease were not disclosed.
“It’s no secret that demand for creative office space in El Segundo has been increasing over the years,” said Bobek. “The Ascend Campus is one of the best new buildings on the market.”
El Segundo is home to more Fortune 500 companies than any other city in Southern California. It is a thriving hub for creative, media and tech-related companies due to its accessibility and highly desirable location. The South Bay’s overall asking lease rate was up 16.6% year over year, according to CBRE research.
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