ACT FAST, These SoCal Events Are Happening Soon!
Connect Orange County (9/27) & Connect Healthcare Real Estate (9/27 + 9/28)

California CRE News In Your Inbox.

Sign up for Connect emails to stay informed with CRE stories that are 150 words or less.

Sub Markets

Property Sectors


California  + Los Angeles  + Apartments  | 
CBRE closed the $21-million sale of 22501 Hawthorne Blvd., a 3.82-acre redevelopment site in Torrance, California to Intracorp Homes

Retail Site in Torrance Trades for Residential Redevelopment

CBRE closed the $21-million sale of 22501 Hawthorne Blvd., a 3.82-acre redevelopment site in Torrance, to Intracorp Homes. The team of John Read, Greg Sullivan and Trent Steeves represented the seller, a locally based private investor.

The property has historically been configured as a multi-building and multi-tenant retail center, with Gable House Bowl as the primary occupant. Intracorp Homes plans on redeveloping the site into a luxury mixed-use project to include 17 affordable residential units and commercial components.  

“22501 Hawthorne Blvd.’s irreplaceable South Bay location near the intersection of Hawthorne Boulevard and Sepulveda Boulevard, and the opportunity to redevelop the site into a higher and better use, generated significant offer activity from residential and retail developers,” said Read.


Inside The Story

CBRE's Read

About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-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 15-20 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 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).

  • ◦Development
New call-to-action
New call-to-action