WPS Publishing Secures $12 Million Refinance Loan For 65,000 SF Industrial Asset In Torrance

The property asset involved in this transaction is located at 625 Alaska Avenue in Torrance. This industrial property encompasses a square footage of 65,000. The landlord of the asset is WPS Publishing, and the transaction involves a refinance loan amounting to $12,000,000.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $12,000,000
• Address: 625 Alaska Avenue
• Market: Torrance
• Asset Size: 65,000 SF
• Landlord: WPS Publishing
• Loan Type: Refinance
• Brokers: Marc Schillinger, Keaton Yellin & Tommy Adelson - JLL

This transaction included key brokers Marc Schillinger, Keaton Yellin, and Tommy Adelson, representing the landlord, WPS Publishing, in the refinancing deal. The collaboration of these professionals facilitated the transaction, showcasing their role in the real estate market.