Affiliates Of Borstein Enterprises Acquires Torrance Office Complex For $24.8M

The office property located at 19700 & 19750 Vermont Avenue in Torrance has been sold in a closed transaction. The property spans a total area of 116,220 square feet and features a sale price of $24,755,000, resulting in a price per square foot of $213.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $24,755,000
• Address: 19700 & 19750 Vermont Avenue, Torrance
• Market: Torrance

The buyer of the property is affiliates of Borstein Enterprises, while the seller is funds managed by Westport Capital Partners. The sale was facilitated by Colliers International, with Steve Solomon, Mark Schuessler, Sean Fulp, Ryan Plummer, and Kristen Bowman representing their respective parties in the deal.