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Hackman sells Rivian property near LA in portfolio reset

Sale generates fresh liquidity as the investor looks to harvest value from mature holdings
Electric vehicle maker Rivian leases 401 Coral Circle in El Segundo, which Hackman redeveloped and has sold for $27.3 million. (Newmark)
Electric vehicle maker Rivian leases 401 Coral Circle in El Segundo, which Hackman redeveloped and has sold for $27.3 million. (Newmark)
CoStar News
August 31, 2026 | 3:57 P.M.

Hackman Capital Partners has turned an aging El Segundo manufacturing facility into a profitable deal as the Los Angeles investor recycles capital into the next phase of its real estate portfolio.

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