Rading the Park

The 6-building, 66,609-square-foot, multi-tenant project located at 205th St. and Beech Ave. in Torrance, CA has been purchased by the West Los Angeles investment group, Rader Properties Group V LLC. The properties involved were 386 Beech Ave. and 2367, 2373, 2401, 2443 and 2444 205th St. Total consideration for the real estate transaction is $7 million, or $105 per square foot. Located in the high-image industrial park, the 10-year old, concrete tilt-up buildings are comprised of 39 industrial/office units and are located just south of the 405 Freeway. Ronald Rader, of The Klabin Co. represented the buyer, and leasing will be handled by his firm's South Bay office. Allen Blackmore of Blackmore & Associates, represented the seller, San Diego-based Chartered Properties.