Property History
Download the Offering Memorandum here: https://newmarkpcg.com/listings/621-hawaii-street/
Newmark is pleased to present the opportunity to acquire the fee simple interest in 621 Hawaii Street (the “Property”), a 49,307-square-foot office building in El Segundo, California.
The Property is 100% leased on a NNN basis to Nexon America, Inc. through Spring April 2027. Nexon America, Inc. is the North American subsidiary of the publicly traded Nexon Co., Ltd (TYO: 3659), South Korea’s largest video game developer and publisher, headquartered in Tokyo, Japan.
621 Hawaii Street serves as the North American headquarters for Nexon, which moved to the Property in 2019. Nexon America’s lease is backed by a corporate guarantee by the parent company with a credit rating of A-/Stable by the Japanese Credit Rating Agency.
This newly renovated Class A headquarters provides an investor with secure cash flow for over five years from South Korea’s largest video game developer with the benefit of an additional corporate guaranty from an investment-grade parent company.
- Firm NNN Lease to South Korea's Largest Video Game Developer and Publisher
- Newly Renovated North American Headquarters Location
- Security of Cash flow from Investment Grade Corporate Guaranty
- Adjacent to LA Metro & Access to Amenity-Rich Area
- Infill Location Surrounded by Major Corporations
- Exceptional Regional Access and Visibility
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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