Rose Equities Acquires Multifamily Property From Optimus Properties In Torrance

The multifamily property located at 2325 Crenshaw Boulevard in Torrance was sold for $30,600,000. Spanning 60,804 square feet, the property was acquired by Rose Equities from Optimus Properties. The sale price translated to approximately $503 per square foot.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $30,600,000
• Buyer: Rose Equities
• Seller: Optimus Properties
• Brokers: Anthony Muhlstein, Chris Benton, Gabe Munson, Ken White & Kevin Shannon - Newmark
• Address: 2325 Crenshaw Boulevard
• Market: Torrance

The transaction was facilitated by a team of brokers from Newmark, including Anthony Muhlstein, Chris Benton, Gabe Munson, Ken White, and Kevin Shannon. They played integral roles in ensuring a successful deal for both the buyer and the seller.