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1/23/26
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A local private investor acquired a 265.4ksf, Class A industrial building in Torrance in a $123 mil ($463/sf) transaction. The facility, located at 588 Crenshaw Blvd, was sold by Link Logistics, one of the largest operators of last-mile industrial real estate and warehouse properties in the United States.
The concrete tilt-up building sits on 12.5 acres and is currently leased and occupied by a leading apparel distributor. The property includes 15k sf of office space; 185’ truck court; 40 dock-high positions; and 42’ clear height.
Tyler Rollema, SIOR, and Matt Stringfellow, SIOR, of The Klabin Company represented the buyer in the transaction. Jason Moyal and Zach Novatt of Max Benjamin Partners served as loan brokers on the transaction, and Madison Realty Capital was the lender.
“This sale is a meaningful benchmark for the Los Angeles industrial market and a strong signal of a continued attraction to Torrance,” said Rollema. “Our client was focused on a true Class A asset in a very specific location, and this property checked every box. They’re thrilled to acquire a modern building in a city where tenants have proven to pay premium rents and actively want to be part of what Torrance has to offer—first-rate amenities, a deep skilled labor pool, a business and employee friendly environment and proximity to housing, shops, and restaurants.”
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