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SAN PEDRO, CALIF. — Hanley Investment Urban Retail Advisors has brokered the sale of an 18,864-square-foot retail property, located on the ground floor of a 116-unit residential condominium building in downtown San Pedro. Financial terms were not disclosed. The retail portion of Centre Street Lofts, built in 2007, was 18 percent occupied at the time of sale. Carlos Lopez of HI Urban Retail Advisors represented the seller, Centre Street Lofts LLC of Hollywood, and The Heger Company’s Joel Mostert represented the buyer, International Longshore & Warehouse Union Local 13, which will occupy the space as its corporate headquarters.

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