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Hewlett-Packard renews office lease in El Segundo

April 22, 2012|By Roger Vincent
  • Hewlett-Packard office in El Segundo.
Hewlett-Packard office in El Segundo. (CoStar Group Inc. )

Information technology firm Hewlett-PackardCo.renewed its lease of an entire building in El Segundo, real estate brokers said.

The 47,576-square-foot building at 621 Hawaii St. is the regional office of Palo Alto computer maker Hewlett-Packard, according to brokerage Jones Lang LaSalle. The landlord is Asset Management Consultants Inc. of Mission Hills.

Terms of the deal were not disclosed, but experts familiar with the South Bay real estate market valued it at about $6 million.

The one-story building near Rosecrans Avenue and the 405 Freeway was built in 1965 and renovated in 1990, according to real estate data provider CoStar Group.

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