Newmark Executes $30.6 Million Sale of Office-to-Multifamily Conversion Project in South Bay's Torrance Submarket
July 11, 2024
July 11, 2024
NEW YORK, July 11 -- Newmark Group issued the following news release:
Newmark[1] announces the sale of a 5.5-acre, multifamily redevelopment project located at 2325 Crenshaw Boulevard in Torrance, California. The property sold for $30.6 million in an off-market transaction.
Newmark Managing Director Anthony Muhlstein, Senior Managing Directors Chris Benton, Co-Head, U.S. Capital Markets Kevin Shannon, Vice Chairman Ken White and Senior Financial Analyst Gabe Munson repr . . .
Newmark[1] announces the sale of a 5.5-acre, multifamily redevelopment project located at 2325 Crenshaw Boulevard in Torrance, California. The property sold for $30.6 million in an off-market transaction.
Newmark Managing Director Anthony Muhlstein, Senior Managing Directors Chris Benton, Co-Head, U.S. Capital Markets Kevin Shannon, Vice Chairman Ken White and Senior Financial Analyst Gabe Munson repr . . .