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Roger Gregory Roger Gregory is the president of investment at PMRG.

LOS ANGELES—Next year, Toyota is set to vacate its 15-building office facility in Torrance. The move will bring more than 2 million square feet of office to the Torrance market, but the new supply doesn’t seem to be deterring investors. PMRG and Mariner Real Estate Management have partnered to purchase the Torrance Technology Campus, a five building, 573,167-square-foot office property located on 26.7 acres. The sales price was not disclosed, but sources unrelated to the deal tell GlobeSt.com that the asset traded hands for $67 million.

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

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