Oct
30
NKF Arranges Sale of South LA Office Campus
ByWilshire Capital Investments acquired The Knox, a 108,000-square-foot office campus in Torrance, Calif., from Ruth Group. At the time of sale, the asset was 98 percent occupied.
Ruth Group sold The Knox, a two-building office park in Torrance, Calif., to Wilshire Capital Investments. The 108,000-square-foot property changed hands for $21.6 million. At the time of sale, the asset was 98 percent occupied.
Located at 680 and 690 Knox St., within the Harbor Technology Center Business Park, the property sits at the intersection of interstates 110 and 405. The Knox offers easy access to multiple bus stations, restaurants and hotels, including Los Chilaquiles Mexican Grill, Holiday Inn and Extended Stay America. Completed in 1984, the two buildings underwent a major cosmetic renovation in 2016. Tenants include C.H. Robinson, Midmark Corp. and Allied Digital…
