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| Pacific Center, Torrance, CA |
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| Ryan Gallagher |
The HFF team represented
the seller, Stream Realty Partners, L.P., and procured the buyer, Related Fund
Management.
Pacific Center is located
at 21250 Hawthorne Boulevard at the heavily trafficked intersection of
Hawthorne and Torrance Boulevards across from the Del Amo Fashion Center, which
recently underwent a $500 million renovation.
The property is strategically located within
close proximity of many of the areas affluent neighborhoods, including Palos
Verdes, Rancho Palos Verdes, Rolling Hills Estates, Hermosa Beach and Manhattan
Beach. Renovated in 2017, the
eight-story Pacific Center is 91 percent leased to tenants, including Bank of
America, Morgan Stanley, ANA, Wells Fargo and Barrister Executive Suites.
The HFF investment sales
team representing the seller included senior managing director Ryan Gallagher and managing director Andrew Harper.
Holliday Fenoglio Fowler,
L.P., acting by and through Holliday GP Corp., a real estate broker licensed
with the California Department of Real Estate, License Number 01385740.
For more information on this press release,
please contact:
Kristen Murphy
Director, Public Relations
One Post Office Square Suite 3500
Boston, Massachusetts 02109
T: 617-848-1572
| M:
617-543-4873
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