Torrance, California Commercial Real Estate 1 Listing

Torrance, California: A Premier Destination for Commercial Real Estate

Introduction

Torrance, California, is an attractive hub for commercial real estate (CRE) investment, boasting a vibrant economy and diverse industrial base. This city, with a population of approximately 145,000, is strategically positioned within the Los Angeles metro area, offering significant opportunities across various CRE asset classes. Known for its robust aerospace, automotive, and manufacturing sectors, Torrance presents unique advantages for investors and developers looking to capitalize on its dynamic economic landscape.

Economic and Industry Overview

Torrance is home to several key industries that drive demand for commercial properties, including aerospace, automotive, and logistics. Major companies like Honda and Robinson Helicopter Company anchor the city's industrial base, requiring extensive office and manufacturing spaces. The local economy is further bolstered by the presence of biotech and healthcare sectors, which have increased the demand for specialized office and laboratory spaces.

The Torrance Economic Development Office actively supports business growth and investment through various initiatives, including tax incentives and workforce development programs.

Strategic Location and Transportation Infrastructure

Torrance's strategic location offers unparalleled access to key transportation networks:

Highways: Proximity to major highways such as I-405 and I-110 facilitates efficient trucking and distribution operations.
Ports: The Port of Los Angeles and Port of Long Beach, two of the largest ports in the United States, are just a short drive away, enhancing the city's logistics capabilities.
Airports: Los Angeles International Airport (LAX) is easily accessible, providing global connectivity.
Rail: The city's rail infrastructure supports robust freight operations.

These logistical advantages make Torrance an ideal location for businesses seeking efficient supply chain and distribution solutions. For more information, visit the California Department of Transportation.

Commercial Real Estate Inventory & Zoning

Torrance's CRE market is characterized by distinct submarkets:

Industrial Corridors: These areas cater to manufacturing and logistics, supported by flexible zoning regulations.
Retail Hubs: The Del Amo Fashion Center is a prime retail destination, driving demand for retail space.
Office Parks: Business parks and office complexes cater to the city's corporate and professional sectors.

Recent zoning changes and incentives are detailed in the Torrance Zoning Maps, providing developers with valuable insights into potential opportunities.

Major Employers and Institutions

Torrance hosts several key employers that significantly impact CRE demand:

Honda North America Headquarters
Robinson Helicopter Company
ExxonMobil Refinery

Educational institutions, including El Camino College, further contribute to the demand for commercial spaces. Explore the Torrance Business Directory for a comprehensive list of employers.

Notable Commercial Developments & Projects

Significant developments in Torrance include:

Del Amo Fashion Center Expansion: A major retail project enhancing the city's shopping landscape.
Tesla Service Center: Part of the growing automotive sector presence.

These projects, alongside public-private partnerships and designated Opportunity Zones, offer lucrative opportunities for CRE investors. Details can be found on the Torrance Planning Department website.

Building Permits, Planning, and Development Tools

For developers seeking to navigate Torrance's regulatory landscape, essential resources include:

Market Data & Economic Reports

Access valuable data through:

Brevitas leverages AI-powered aggregation from these public sources to enhance its offerings. Explore our Brevitas-powered dashboards for comprehensive insights into Torrance's CRE market.

Why Use Brevitas for Torrance, California CRE?

Brevitas offers a suite of AI-driven tools tailored for the Torrance CRE market:

AI-Driven CRE Discovery: Streamlines property searches with intelligent algorithms.
Real-Time Market Alerts: Keeps investors informed of the latest opportunities.
Smart Property Pages: Provides detailed insights into listed properties.
Dealroom Collaboration: Facilitates seamless interaction among stakeholders.

Unique features such as auto-generated listing pages, email and landing page tools, and integration with brokers and developers ensure your listings receive maximum exposure. Explore exclusive listings and gain premium exposure with Brevitas in Torrance, California.