NAI Capital Commercial purchased a shopping center in Torrance in the largest retail sale of last year in the South Bay market. DJM Capital Group sold Village del Amo at 21201-21327 Hawthorne Boulevard for $108.5 million, the Los Angeles Business Journal reported. The 166,365-square-foot property is anchored by Korean grocer Hannam Chain with BevMo, Benihana and U.S. Bank as other tenants. Village del Amo was 92.3 percent leased at the time of sale, according to the Business Journal. The retail center saw 3.5 million visitors over the past year. Encino-based NAI has “seen a clear resurgence of interest from institutional […]
This article originally appeared on The Real Deal. Click here to read the full story.
Powered by WPeMatico