Wilson Investments LLC Acquires Village Del Amo Retail Center In Torrance For $108.25M

The retail asset involved in this transaction is the Village Del Amo retail center, located at 21201-21327 Hawthorne Boulevard in Torrance, California. The property encompasses 166,365 square feet and was sold for $108,250,000, amounting to a price per square foot of $651. The center is grocery-anchored and was 92.3% leased at the time of the sale.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $108,250,000
• Square Footage: 166,365
• Price per Square Foot: $651
• Buyer: Wilson Investments LLC
• Buyer’s Representative: NAI Capital Commercial - David Shaby III & Stefan Neumann, SSV Properties - David Jordan
• Seller: Del Amo Associates, LLC c/o DJM Capital Partners, Inc. - Lindsay Parton
• Seller’s Representative: Northmarq & JLL - Bryan Ley, Tim Kuruzar & Tess Berghoff
• Finance Team: Jeff Sause & Alex Olson - JLL

The transaction was led by David Shaby III and Stefan Neumann from NAI Capital Commercial, representing the buyer, Wilson Investments LLC. The seller, Del Amo Associates, LLC, was represented by Lindsay Parton, along with Bryan Ley, Tim Kuruzar, and Tess Berghoff from Northmarq & JLL. The finance team for the deal consisted of Jeff Sause and Alex Olson from JLL.