Village Del Amo Sells for $108.5M in South Bay’s Largest Retail Deal of 2025
In a significant real estate transaction, Village Del Amo, a newly renovated, 166,365-square-foot grocery-anchored retail center in Torrance, California, has been acquired for $108.5 million. The deal, reportedly the largest retail sale in the South Bay in 2025, signifies strong investor interest in prime retail properties despite recent market uncertainties.
Vice Presidents David Shaby III and Stefan Neumann of the Investment Services Group at NAI Capital Commercial’s South Bay office represented the buyer in the acquisition.
Located at 21201–21327 Hawthorne Boulevard, Village Del Amo was 92.3% leased at the time of sale and is anchored by Hannam Chain, a leading Korean supermarket. The property boasted an in-place capitalization rate of 6.12%.
The tenant mix includes well-known brands such as BevMo, U.S. Bank, Wells Fargo, Starbucks, Tendergreens, Benihana, and The Learning Experience, contributing to the center’s strong leasing performance.
“While retail has faced heightened scrutiny from investors in recent years, this transaction underscores the strength of well-located, grocery-anchored assets in affluent markets,” said Shaby. “Village Del Amo combines irreplaceable real estate, dense demographics, and a tenant roster that continues to drive consistent leasing demand.”
