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10/07/15
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LA-based Hackman Capital Partners LLC has acquired 8911 Aviation Blvd, a four-building, 93.8k sf campus in Inglewood. The property is located south of Manchester Ave and west of the 405 Fwy in the Los Angeles International Airport (LAX) submarket, less than two miles from LAX. The rpice was not immediately disclosed.
The property is 100% occupied by Spartan College of Aeronautics and Technology. The school uses the campus for its aeronautics and technology training program, which is largely focused on aircraft maintenance and repair. A leading provider of aviation technology education, Spartan College and its predecessors have leased the property for more than 40 years.
The site features a three-story, 36.3k sf office building for administrative office and classroom use, two hangars, of 33.7k sf and 16.3k sf in size, for demonstrations, workshops and seminars, and a small, 4.6k sf building for classes and engine demonstrations.
The property is situated near another recent HCP-sponsored acquisition at 9000 and 9010 Bellanca Ave, a few blocks from the new Metro rail installation and in the same micro pocket that includes rental car companies, such as Hetz, Enterprise, National and Alamo.
Founded in 1986, Hackman Capital Partners owns, through affiliated entities, more than 200 properties totaling approximately 25 msf and representing more than $1 bil in assets. More than 1.6 msf of those properties are located in California.
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