Miramar Capital Acquires 77.2k Sf Office Building On S. Western Ave In Los Angeles For $19.1M

20285 S. Western Avenue in Los Angeles, located in the Torrance market, was recently sold in a closed transaction. The property is an office building with a total square footage of 77,200 sf. The sale price for this asset was $19,100,000, resulting in a price per square foot of $247.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $19,100,000
• Address: 20285 S. Western Avenue, Los Angeles
• Market: Torrance
• Square Footage: 77,200 sf
• Price per Square Foot: $247

The seller of the property was Mar Ventures, while the buyer was Miramar Capital. The buying entity was represented by Paul Fuhrman, Jae Yi, and Parry Hariri. On the other hand, Kevin Shannon, NKF Capital Markets co-head of U.S. capital markets, executive managing director Kevin White, and managing director Michael Moore acted as brokers representing the seller, Mar Ventures. Miramar Capital represented itself in the deal.