Rexford Industrial Realty Acquires Property At 4240 W 190th St Torrance For $75.3M

The industrial property located at 4240 W 190th St in Torrance, CA, was sold for $75,300,000.00. This asset spans 307,000 square feet and is situated on 11.4 acres. It features dock-high and grade-level loading, a large yard area, future rail-service potential, and immediate access to interstates 405 and 110. The market value is established in Torrance.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $75,300,000.00
• Address: 4240 W 190th St, Torrance, CA, 90504
• Market: Torrance
• Buyer: Rexford Industrial Realty
• Seller: Unknown
• Seller's Rep: David Prior, Frank Schulz - CORFAC International
• Square Footage: 307,000

The transaction involved David Prior, Todd Taugner, and Frank Schulz of The Klahin Co./CORFAC International representing the seller. Additionally, Bret Hardy, Andrew Briner, Kevin Shannon, Jim Linn, and Scott Schumacher of Newmark served as the institutional investment contacts in the deal.