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CB Arcadia Partners Sells Starbucks-Occupied Property in Torrance, California for $8.2M
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CB Arcadia Partners Sells Starbucks-Occupied Property in Torrance, California for $8.2M
TORRANCE, CALIF. — CB Arcadia Partners, an affiliate of Calbay Development, has completed the disposition of a freestanding retail property located at 23865 Hawthorne Blvd. in Torrance, to Madrona F&F LLC for $8.2 million. Starbucks Coffee occupies the 2,400-square-foot property, which was delivered in 2025, on a long-term, triple-net lease. The property features a drive-thru that can accommodate 20 vehicles, plus a full-size café format with in…
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