Business News1888 Press Release • Hanley Investment Group Sells Multi-Tenant Retail Building in Torrance, Calif. for $4.62 Million

Hanley Investment Group Sells Multi-Tenant Retail Building in Torrance, Calif. for $4.62 Million

Hanley Investment Group Sells Multi-Tenant Retail Building in Torrance, Calif. for $4.62 Million

Hanley Investment Group represented the seller in the sale of represented the seller in the sale of a 4,229 sf retail strip center located at 20301 Hawthorne Boulevard in Torrance, CA, occupied by 7-Eleven and The Coffee Bean & Tea Leaf. The purchase price was $4.62 million, representing a record $1,064 psf, the highest sale price psf for a multi-tenant strip center in Los Angeles County in 2012.

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Hanley Investment Group Sells Multi-Tenant Retail Building in Torrance, Calif. for $4.62 Million