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Partner Purchases Office in Torrance, CA

Colliers International completed the $2.085M office sale.

Torrance, CA—(RealEstateRama)—Colliers International, the second-largest global real estate services organization, has completed the sale of 19,309‐square‐feet office space for a property located at 2154 Torrance Boulevard, Torrance, CA 90501. The transaction is valued at $2.085 million.

The property sale included an adjacent 23,958‐square‐feet piece of land.  In 2009, the building underwent a facade renovation and the interior was demolished to shell condition. Geoff Ludwig, senior vice president, Doug Brawn, vice president, and Thacher Goodwin, associate, all based in Colliers International’s Torrance office represented the seller, MHL Ventures, LLC, a development company.

The buyer, Partner Assessment Corporation specializing in environmental, engineering & consulting services, was represented by Scott Sorensen of Wilshire Capital. Both are El Segundo‐based companies. Partner Assessment Corporation plans to occupy the building after a full renovation. The two‐story building will serve as their South Bay office location. This press release was originally featured in Real Estate Rama. A copy of that release can be found here.