search

The Real Deal Logo

Trending

LA court strikes down SB9 law allowing single-family lot splitsLA court strikes down SB9 law allowing single-family lot splitsHousing deal finally passes; here are the detailsHousing deal finally passes; here are the detailsGlossier founder is buyer of $22M Brooklyn townhouseGlossier founder is buyer of $22M Brooklyn townhouseBrookfield’s deal to sell 777 Tower in Downtown LA collapsesBrookfield’s deal to sell 777 Tower in Downtown LA collapses
Los Angeles

Montana Avenue Capital Partners pays $25.5M for Torrance office complex

Torrance Pointe
Torrance Pointe

Santa Monica-based real estate investment company Montana Avenue Capital Partners has forked out $25.5 million for a three-building office campus known as Torrance Pointe, at Torrance Boulevard and Western Avenue, the Daily Breeze reported.

The seller was Denver-based Amstar Capital, which bought the property for $20.3 million in 2005.

Sign Up for the undefined Newsletter

The 145,280-square-foot property, at at 21041-21081 South Western Ave., is 97 percent occupied by tenants such as Honda and AT&T.

HFF represented the seller. [Daily Breeze] – Katherine Clarke