Torrance
Metro Board Commits More Than $150MM in Measure M, R Funds, With South Bay Capturing $115MM
Metro's Board of Directors steered nearly $119 million in Measure M and Measure R sales-tax dollars to 25 South Bay and North County...
7 Brew Enlists CBRE to Hunt Drive-Thru Pads Across 16 Los Angeles County Cities
Arkansas-based 7 Brew, one of the fastest-growing restaurant chains in the U.S., has tapped CBRE to find pad sites and existing drive-thru buildings...
339-Room Holiday Inn in Torrance Wraps Multi-Million-Dollar Overhaul as South Bay Hotels Bet on Super Bowl, Olympics
Holiday Inn Los Angeles Gateway – Torrance has finished a two-year, property-wide renovation of its 339-room Harbor Gateway tower, rolling out event-day packages...
EV Realty Locks Down 9 MW of Edison Power for Ontario Truck Charging Hub on E. Philadelphia Street
EV Realty is buying an industrial property at 2151 E. Philadelphia Street in Ontario and has already reserved 9 megawatts of Southern California...
Hines Buys Northwood Space-Leased 180,000 SQFT Torrance Headquarters From Lift Partners for $76.5MM
County records show Hines' flagship U.S. Property Partners fund is the buyer behind Lift Partners' sale of 18500 Crenshaw Boulevard, paying an implied...
Defense, Space Tenants Drive South Bay Industrial Rents Above $3.00 NNN as Class A Supply Tightens
Defense technology, space and advanced manufacturing users are competing for a shrinking pool of new Class A industrial buildings in the South Bay,...
San Diego Outscores Los Angeles as Hines Maps the $1 Trillion Manufacturing Buildout
A Hines Research report that scored roughly 1,500 industrial submarkets nationwide gave San Diego five top-tier locations to Los Angeles' four, and the...
Aerospace and Defense Tenants Power South Bay Industrial Boom, Cutting LA Vacancy to 3.9%
Newmark's second-quarter report shows aerospace and defense manufacturers absorbing hundreds of thousands of square feet across El Segundo, Torrance and Long Beach, pushing...
Good Capital Group Pays $21MM for 60-Unit Tournament Patio Apartments in Torrance
At roughly $350,000 a unit, the price outpaces the Los Angeles multifamily market's second-quarter average even as citywide rent growth has slowed to...
Owners Move to Raze 142,000 SQFT of Torrance Offices for 335-Unit Westoria Housing Project
The owners of the Torrance Center South office complex are seeking to demolish three aging office buildings at the corner of Torrance Boulevard...
Surge in Aerospace & Defense Funding Drives Record Southern California Leasing Demand
A surge of venture capital flowing into Southern California's aerospace and defense companies is translating directly into industrial real estate, driving record leasing...
Terreno Realty Acquires 36,000 SQFT Torrance Industrial Building for $14.7MM, Lands Maritime Drone Sensor Maker as Tenant
Terreno Realty Corporation has paid roughly $14.7 million for a fully leased distribution building near the 405 in Torrance and lined up a...
