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El Segundo

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El Segundo

Town in Los Angeles County, southwest California; population (1990) 15,200. It is located 16 km/10 mi southwest of Los Angeles city centre, on Santa Monica Bay. It was founded by the Standard Oil Company in 1911 as the site for an oil refinery, the second (el segundo) in south California; the beachside area was accessible to tankers. Today, El Segundo remains an important refining centre. It has electronics and computer industries and corporate headquarters. It has also been, since the height of the Cold War, an aerospace centre, manufacturing aircraft and space vehicles. An Air Force missile station is here, and Los Angeles International Airport (LAX) is to the north.
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El Segundo won the title over finalists Burbank, Santa Clarita, Lancaster and Long Beach.
SANTA CLARITA LOSES OUT TO EL SEGUNDO by Daily News (Los Angeles, CA)
The retailer of high-end outdoor living products signed long-term leases in Plaza el Segundo in El Segundo, CA and Downtown at the Gardens in Palm Beach Gardens, FL.
Long-term arrangement by Real Estate Weekly
Bloodgood, a CBRE senior vice president marketing the El Segundo site, said demand has been high in the South Bay for build-to-suit developments like the one Thomas Properties is proposing.
Local real estate company switches into development mode by Los Angeles Business Journal
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