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19681 Pacific Gateway Drive

Updated Apr 14, 2026

Soren Monroe-Anderson Of Neros Technologies Signs Lease For 251,606 Square Feet In Torrance
LEASEDIndustrial

Soren Monroe-Anderson Of Neros Technologies Signs Lease For 251,606 Square Feet In Torrance

19681 Pacific Gateway Drive

Building Size

251,606 SF

Asset Type

Industrial

Closing

Apr 9, 2026

About this deal

AI

The property asset involved is a 251,606-square-foot industrial facility located at 19681 Pacific Gateway Drive in Torrance, California. The lease reflects the activity in the industrial market, particularly highlighting the growing need for space as businesses adapt to increasing production demands.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: Not disclosed
  • Address: 19681 Pacific Gateway Drive
  • Market: Torrance
  • Tenant: Soren Monroe-Anderson
  • Company: Neros Technologies
  • Square Footage: 251,606
  • Sublease: Yes

Soren Monroe-Anderson represents Neros Technologies in this lease agreement. The signing of the sublease demonstrates Neros Technologies' strategic decision to expand its production capacity in response to an increase in government drone contracts, reflecting the changing landscape within the aerospace and defense sectors in Los Angeles.

On the Map

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Industrial

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Players

Soren Monroe-Anderson

Neros Technologies

Tenant

1 deal

Tenant
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Torrance Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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