Updated Apr 14, 2026
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
Industrial
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Players
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