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Alta West, Glendon Capital, A2 Capital Buy R&D Space in SoCal

Summary by Commercial Observer

A trio of Southern California-based investment firms is expanding after having gotten their hands on an all-too-precious commodity in one of the region’s top submarkets for research and development space. Alta West Partners, Glendon Capital Management and a subsidiary of A2 Capital Management have paid $21.4 million in an all-cash deal for an 83,000-square-foot flex research and development property in Torrance, in Los Angeles County’s South Ba…

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Connect CRE

Alta West Acquires R&D Asset in LA's South Bay Submarket - Connect CRE

Alta West Partners, Glendon Capital Management and an affiliate of A2 Capital Management, have closed on the $21.4-million purchase of 3401 Del Amo in Torrance, an 83,000-square-foot flex research and development asset in the South Bay submarket of Los Angeles County. Originally purpose-built for Kubota Tractor Corporation, the property has never been publicly marketed for lease. A Cushman & Wakefield broker team led by Brett Racanelli, Nathan P…

3 days ago

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