A 25,200 square foot industrial building located at 3171 Fujita Street in the Torrance market was sold for $10,200,000. This property is characterized as an industrial asset and is intended for owner occupancy by the buyer.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $10,200,000
• Address: 3171 Fujita Street
• Market: Torrance
• Square Footage: 25,200
• Price Per Square Foot: $405
• Buyer: George Giourof - KB Delta
• Seller: 3171 Fujita LLC
• Buyer's Representative: Lidija Bacelic - Golden West Realty
• Seller's Representatives: Sheri Messerlian & Todd Hughes - NAI Capital Commercial

The transaction was facilitated by Lidija Bacelic of Golden West Realty representing the buyer, while Sheri Messerlian and Todd Hughes of NAI Capital Commercial acted as representatives for the seller. This deal highlights the strong demand for industrial properties in the South Bay region, particularly in the preferred Torrance submarket.