Calbay Acquires High-Profile Bank Site on Hawthorne Blvd in Torrance, CA
MANHATTAN BEACH, CA – Calbay Development, LLC has acquired the fee interest in a free standing bank branch building (with drive thru) along the prime retail corridor Hawthorne Blvd in Torrance, CA. The property is approximately 1 acre and is improved with a +/- 5,750 sf commercial building with drive thru. The property sits just north of the prominent intersection of Hawthorne Blvd and Pacific Coast Hwy.
Calbay acquired the site from an undisclosed seller arranged by CBRE, and intends to redevelop the site for either restaurant/café , medical office or retail showroom use. Leasing inquiries should be directed to Ryan Shea at Calbay Development and/or Maryl Binney at Highland Partners.