Colliers International Completes $2.085 Million Office Sale in Torrance, Calif.
Torrance, CA – April 12, 2011 – (RealEstateRama) — Colliers International, the second largest global real estate services organization, has completed the sale of 19,309-square-feet office space for a property located at 2154 Torrance Boulevard, Torrance, CA 90501. The transaction is valued at $2.085 million.
The property sale included an adjacent 23,958-square-feet piece of land. In 2009, the building underwent a facade renovation and the interior was demolished to shell condition.
Geoff Ludwig, senior vice president, Doug Brawn, vice president, and Thacher Goodwin, associate, all based in Colliers International’s Torrance office represented the seller, MHL Ventures, LLC, a development company. The buyer, Partner Assessment Corporation specializing in environmental, engineering & consulting services, was represented by Scott Sorensen of Wilshire Capital. Both are El Segundo-based companies.
Partner Assessment Corporation plans to occupy the building after a full renovation. The two-story building will serve as their South Bay office location.
Angela S. Hwang
Regional Marketing Coordinator | Greater Los Angeles
Dir +1 213 532 3258 | Mob +1 310 867 4105
Main +1 213 627 1214 | Fax +1 213 327 3258
angela.hwang (at) colliers (dot) com
Colliers International
865 S Figueroa St., Suite 3500 | Los Angeles, CA 90017 | USA
www.colliers.com
