In the largest transaction, privately held Pacific Coast Capital Partners agreed to buy the 500,000-sf Torrance Crossroads retail complex in Torrance for about $108 million. The seller is a partnership of Overton Moore Properties and a pension fund represented by Boston-based AEW Capital Management.

Torrance Crossroads is fully leased to tenants that include "big-box" anchors Sam's Club and Home Depot. The Overton Moore-AEW development partnership opened the facility at Lomita and Crenshaw boulevards in 1992.

Though Pacific Coast Capital Partners wouldn't disclose what it paid for the complex, a source familiar with the transaction tells GlobeSt.com that the purchase price is "fairly close" to what the property has been marketed for over the past few months—about $108 million.

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