Legacy Partners Acquires Development Site In Torrance For $18.3M | 21509 Hawthorne Boulevard | Chris Benton, Michael Moore, Kevin Shannon, Ken White, Anthony Muhlstein | Development Site | Sale

Summary

Sale

CALIFORNIA

Development Site

121,968 sqft

The development site located at 21509 Hawthorne Boulevard in Torrance has been sold in a closed transaction. The asset type of the property is a development site for 200 multifamily units. The transaction involved the sale of the property.

Summary of transaction details:

Property Type: Development Site (200 Multifamily Units)
Transaction Amount: $18,300,000
Market: Torrance
Buyer: Legacy Partners
Seller: PCCP, Muller Company & Bentall GreenOak
Brokers: Kevin Shannon, Chris Benton, Ken White, Anthony Muhlstein & Michael Moore - Newmark

The deal was facilitated by Kevin Shannon, Chris Benton, Ken White, Anthony Muhlstein, and Michael Moore of Newmark. The buyer, Legacy Partners, acquired the property from the sellers, PCCP, Muller Company, and Bentall GreenOak, for a total of $18,300,000.

Players

All
7

Agents
5
Agencies
2

Chris Benton

Senior Managing Director

$367.3M Sold

Michael Moore

Senior Vice President

$211.2M Sold

Kevin Shannon

Co-Head of U.S. Capital Markets

$4.9B Sold

Ken White

Executive Managing Director

$3.6B Sold

$540.9M Sold

Details

Deal Summary

SOLD

IMAGE: Kevin Shannon, Ken White, Chris Benton, Michael Moore & Anthony Muhlstein DATE: 05/01/2023 ADDRESS: 21509 Hawthorne Boulevard MARKET: Torrance ASSET TYPE: Development Site (200 Multifamily Units) BUYER: Legacy Partners SELLER: PCCP, Muller Company & Bentall GreenOak BROKERS: Kevin Shannon, Chris Benton, Ken White, Anthony Muhlstein & Michael Moore - Newmark SALE PRICE: $18,300,000 #

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Address21509 Hawthorne Boulevard

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