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Baldwin Buys Medical Center for $6.6 Mil

TORRANCE, CA-Torrance Medical Associates sells the Torrance Medical Arts Center for $6.6 million. The building underwent a significant renovation in 1998 and was 100% leased at the time of sale.

By Peter Landau | Updated on January 28, 2002

TORRANCE, CA-Baldwin Properties has purchased the Torrance Medical Arts Center for $6.6 million.

The seller, Torrance Medical Associates, has owned the property since 1998. The property is a 38,816-sf medical office building located at 3640 Lomita Blvd., here, and is in close proximity to Torrance Memorial Hospital. The building underwent a significant renovation in 1998 and was 100% leased at time of sale.

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