CBRE Negotiates $7.9M Sale of Retail Center in Torrance

by Nellie Day

TORRANCE, CALIF. — CBRE has arranged the sale of the Artesia & Prairie Center, a triple-net-leased retail property located at 3931 and 3971 Artesia Blvd. in Torrance. A local private investor acquired the property from Makena Great American Prairie for $7.9 million. At the time of sale, the center was 100 percent leased to 12 tenants.

Alex Kozakov and Patrick Wade of CBRE represented the seller, while Lee & Associates represented the buyer in the deal.

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