Continental sells El Segundo campus for $42M to Bay Club

The Bay Club Company is growing its real estate holdings across California with its latest acquisition in the Los Angeles area.  The athletic club completed its purchase of a two-building campus at 2250 Park Place in El Segundo for $42 million, L.A. Business First reported. Continental Development Corporation acquired the 5.4-acre property in the 1960s and sold the buildings after more than a half-century of ownership.  With the latest acquisition, Bay Club now owns both buildings at the site and the land beneath them. The San Francisco-based firm purchased one building at the campus in 2017 for $29 million and […]

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