[dachacon]

Originally Posted by LAsam

For those of you interested in a little South Bay development, the long dormant site of Campus El Segundo is now under active construction. The project is being built in phases... the first piece which includes the soccer fields and new fire station are already completed. The next piece, which includes all the buildings west of the soccer fields are currently being consructed. The project is located between Nash, Douglas, Mariposa, and Maple. The total office square footage of the project is nearly 2 million sq ft.

http://campuselsegundo.com/

This is the Thomas Properties project right?
Looking at the latest office report for the area, it shows the vacancy rate at almost 25%. Its to early for speculative building, even if its only a 300k square foot building. Do they have a tenant already signed?