Barker Pacific Group

101 Continental Tower - El Segundo, California

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Scope

362,000 square foot, 15-level office building, plus underground parking

Challenge / Description

The project was originally constructed in 1972 as the headquarters of Continental Airlines and subsequently was the West Coast office for Xerox Corporation as Xerox Centre.

Adjacent to the building will be a new Cambria Suites Hotel, scheduled to begin construction in 2013.

Click here to view map of the area »

Solution

Barker Pacific Group acquired the project in 2003 and, upon the departure of Xerox in 2007, completely renovated it to first-class standards in 2008, including comprehensive renovation of both the common areas and tenant spaces. Approximately $40 million was invested in building improvements.

Architectural Designers
Keating, Khang Architects

Acquired

2003

Completed

Renovations completed in 2007-2008. Originally constructed in 1972. Sold June 2014.

Partners

Barker Pacific Group, The Baupost Group, and The Prudential Insurance Company

Leasing & Property Management

The project is fully leased on a long-term lease to Northrop Grumman Corporation.