Thank you for sharing!

Your article was successfully shared with the contacts you provided.

TORRANCE, CA-Two universities will fill more than 165,000 sf of office space following two recently completed transactions–one in which Bethesda Christian University purchased a 122,211-sf office building here and another in which Antioch University leased 43,224 sf at an Arden building in the Corporate Pointe development.

Kevin Shannon of Grubb & Ellis says Bethesda Christian bought its new facility, which is at 19701 Hamilton Ave. in the Harbor Technology Center, from LaSalle Investment Management of Atlanta for $11.9 million. Shannon, Scott Schumacher and Michael Moore, all from the Torrance office of Grubb & Ellis, represented the seller, with Kevin Lim of Bee Investments representing the buyer. The property, which was built in 1984, is a two-story, concrete tilt-up building.

Antioch University, an independent, adult education undergraduate and graduate school, signed for its space in a $10 million lease at 400 Corporate Pointe in Culver City. Linda Eng and Howard Feuerstein of Travers Realty represented the tenant, with Arden represented in-house by Patti Gilbert.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.