Lakers News: Team Finalizes Purchase For New Headquarters In El Segundo

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The Los Angeles Lakers have finalized the purchase of a five-acre property that will serve as the team’s new corporate headquarters. The property is located in El Segundo on the corner of Mariposa Avenue and Douglas Street.

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Lakers President Jeanie Buss expressed excitement about the new facility via Eric Pincus of the Los Angeles Times:

With its proximity to the airport and beaches, clean air, diverse businesses and wonderful community, El Segundo is the perfect place for us to be,” President Jeanie Buss said Friday. “We’ve been here for the past 15 years with great success, and we’re thrilled to secure the perfect spot to expand on that success and remain for many years as a part of this vibrant and growing area.”

The new facility will serve the team’s practice faciility as well as the corporate offices, and an exhibition court where the Los Angeles D-Fenders will play their home games.

The building is expected to be completed in the Spring of 2017.

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