Deal for Torrance Center Ranks as South Bay’s Largest 2025 Retail Sale

VPs David Shaby III and Stefan Neumann of the Investment Services Group in NAI Capital Commercial’s South Bay office represented the buyer in the $108.5-million acquisition of Village Del Amo, reportedly marking the largest retail sale in the South Bay in 2025. The property is a newly renovated, 166,365-square-foot, grocery-anchored retail community center located at 21201–21327 Hawthorne Blvd. in Torrance.

At the time of sale, Village Del Amo was 92.3% leased and anchored by Hannam Chain, a leading Korean supermarket. The property featured an in-place capitalization rate of 6.12%. The tenant roster includes BevMo, U.S. Bank, Wells Fargo, Starbucks, Tendergreens, Benihana and The Learning Experience.

“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.”

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NAI Capital's Shaby

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 16-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 7-10 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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