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lta West Partners, a Century City-based real estate investment and operating company, has joined forces with Glendon Capital Management of Santa Monica and A2 Capital Management's affiliate to acquire an 83,000-square-foot flex research and development asset in Torrance for $21.4 million.

    Located at 3401 Del Amo on over 4.5 acres, the property is situated in a prime location that continues to attract innovative companies in technology, aerospace, and advanced manufacturing. "Torrance offers an ideal environment for research and development and flex users," said Brett Racanelli, executive director at Cushman & Wakefield.

    The building, originally constructed for Kubota Tractor Corp., boasts steel and concrete construction with 28-foot clear heights, five roll-up doors, a detached loading dock, full wraparound surface parking, and 2,000 amps of power. It has remained off the market since its construction in the 1990s.

    This acquisition marks Alta West Partners' third purchase over the past six months, bringing their total portfolio size to 450,000 square feet. The company plans to renovate the property to attract high-quality tenants. Cushman & Wakefield's Brett Racanelli, Nathan Piehl, and Jeff Morgan represented both the buyer and seller in an all-cash transaction and will lead leasing efforts going forward.