Affiliates Of Borstein Enterprises Acquires Torrance Office Complex For $24.8M | 19700 & 19750 Vermont Avenue | Kristen Bowman, Steve Solomon, Mark Schuessler, Sean Fulp, Ryan Plummer | Office | Sale

Summary

Sale

CALIFORNIA

Office

116,220 sqft

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.

Players

All
6

Agents
5
Agencies
1

$73.5M Sold

$109.6M Sold

Executive Vice President

$656.3M Sold

Sean Fulp

Vice Chairman

$1.1B Sold

Ryan Plummer

Executive Vice President

$768.5M Sold

Colliers International

Details

Deal Summary

SOLD

IMAGE: Steve Solomon, Mark Schuessler, Sean Fulp, Ryan Plummer, Kristen Bowman DATE: 05/12/2023 ADDRESS: 19700 & 19750 Vermont Avenue MARKET: Torrance ASSET TYPE: Office BUYER: Affiliates Of Borstein Enterprises SELLER: Funds Managed By Westport Capital Partners BROKERS: Steve Solomon, Mark Schuessler, Sean Fulp, Ryan Plummer & Kristen Bowman - Colliers International SALE PRICE: $24,755,000 SF: 116,220 ~ PPSF: $213

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Address19700 & 19750 Vermont Avenue

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