LCG Atrium, LLC Acquires Industrial Property In South Torrance For $21M

The industrial property located at 23800-23868 Hawthorne Blvd in South Torrance has been sold in a transaction. The property spans 114,000 square feet and is part of the South Torrance industrial market. The asset was sold for a total of $21,000,000, resulting in a price per square foot of $184.

Summary of transaction details:

• Property Type: Industrial
• Sale Price: $21,000,000
• Square Footage: 114,000
• Address: 23800-23868 Hawthorne Blvd
• Market: South Torrance

The buyer of the property is LCG Atrium, LLC, while the seller is Kay Properties. The deal was facilitated by Thacher Goodwin, Kyle Degener, and Carter Rudnick from Colliers, who acted as brokers in the transaction.