### Alta West Acquires R&D Asset in LA’s South Bay Submarket
Alta West Partners, Glendon Capital Management, and an affiliate of A2 Capital Management have completed the $21.4 million acquisition of 3401 Del Amo in Torrance. The 83,000-square-foot flex research and development property is located in the South Bay submarket of Los Angeles County. Originally built for Kubota Tractor Corporation, the asset has never been publicly marketed for lease.
A Cushman & Wakefield brokerage team led by Brett Racanelli, Nathan Piehl, and Jeff Morgan represented both the buyer and the seller in the all-cash transaction. Cushman & Wakefield has also been retained to manage the leasing efforts for the property under its new ownership.
“This property aligns with Alta West’s investment strategy, and we were pleased to have supported them throughout a very smooth closing process,” said Racanelli. “Torrance continues to attract innovative companies in technology, aerospace, and advanced manufacturing, making this a prime location for R&D and flex users.”
