Retail Complex at Busy Intersection Fetches $4.6 Mil

LOS ANGELES--Development company acquires 51,000-sf center that stands at one of the South Bay's busiest intersections.

By David W. Myers | October 26, 2000 at 01:01 AM

The property stands at the corner of Redondo Beach and Harbor boulevards in Torrance. It is anchored by a Ralph's supermarket and was acquired by Southland-based PCF Investments.

The Irvine Spectrum office of Lee & Associates represented the seller, a private group of investors known as North Point Center Inc. PCF was represented by the Newport Beach office of Pentz & Partners.

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