Axiom Capital has structured and arranged a $17,000,000 permanent loan for the refinance of a medical office building located in Torrance, Los Angeles County, CA.
The property offers 60,516 square feet of rentable space with on-site parking of 291 spaces situated on a 2.45-acre site. The mix of tenants include orthopedics; ear, nose and throat; dermatology; dentistry, etc. The property is situated along Lomita Boulevard with access to Hawthorne Boulevard to the west that provides connectivity to Sepulveda Boulevard to the north (0.9 miles) and the Pacific Coast Highway to the south (0.4 miles). The Property is in an ideal location for medical office with great visibility and accessibility as well as plenty of parking. The property is also located near desirable neighborhoods like Palos Verde Estates, Valmonte, Rolling Hills, Seaside, Southwood, etc.