EL SEGUNDO, CA-Data Center developer T5 Partners of Atlanta has acquired a 121,586-square-foot shell building at 444 Nash St. here from San Francisco-based Base Partners and plans to redevelop it as a data center. Terms of the sale were undisclosed, but industry sources said T5 paid $30 million for the property.

Base Partners was represented by Jones Lang LaSalle managing director Chris Strickfaden, along with managing director Steve Solomon and SVP Curt Holcolmb; the buyer was represented in-house.

Strickfaden, commenting on the sale in an announcement, said: “Jones Lang LaSalle was able to achieve a premium price for Base Partners by showing investors the potential of this property as a premier facility for data center users in Southern California.” He noted that the facility is near Los Angeles International Airport, which is already home to large data centers for Digital Realty Trust and Equinix.