Torrance is the commercial heart of the South Bay, a market defined by one of the deepest industrial bases in Los Angeles County, a substantial suburban office inventory, and retail anchored by the Del Amo Fashion Center, one of the largest malls in the country. For decades, Torrance has been where aerospace, automotive, and advanced manufacturing companies put down roots, and that legacy still shapes the market today.
Lee & Associates West LA works with tenants, owners, and investors throughout the South Bay. Commercial real estate in Torrance rewards buyers and tenants who understand its submarkets, because pricing and product vary block by block.
Torrance’s Commercial Real Estate Market
Torrance’s commercial landscape breaks into several distinct zones.
The industrial corridors along Western Avenue, Crenshaw Boulevard, and the 405 make up one of the South Bay’s largest concentrations of manufacturing and warehouse space. Aerospace suppliers, medical device makers, and precision manufacturers occupy much of this base, and functional buildings with heavy power rarely sit vacant for long.
The Del Amo and Hawthorne Boulevard corridor is the retail spine, anchored by Del Amo Fashion Center and miles of freestanding retail, auto-related uses, and neighborhood centers serving one of LA County’s most stable trade areas.
The office market concentrates around Torrance Boulevard, Del Amo Financial Center, and the 405 corridor. Corporate users, healthcare systems (Torrance Memorial is a major anchor), and professional services firms lease here for the workforce access and parking ratios the Westside can’t offer.
Old Torrance offers character retail and small creative space in the walkable historic downtown, an under-the-radar pocket for boutique businesses.
Who Leases Commercial Space in Torrance
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Torrance’s tenant profile reflects its industrial DNA. Aerospace and defense suppliers feeding the South Bay’s aerospace cluster. Automotive-related companies, a legacy of the decades when Toyota’s North American headquarters called Torrance home (Honda and American Honda remain nearby). Medical device, biotech, and lab users who need flex and R&D space. Healthcare providers expanding around Torrance Memorial and Harbor-UCLA. Logistics and e-commerce operators serving the LA basin from the 405/110 interchange. And retailers of every format, drawn by strong demographics and the Del Amo draw.
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Property Types in Torrance
Industrial and warehouse space ranges from 2,000 SF multi-tenant units to 100,000+ SF manufacturing plants. Much of the stock was purpose-built for manufacturing, so heavy power, cranes, and clear-span structures are genuinely available here.
Flex and R&D space serves the aerospace, medical device, and tech manufacturing base, typically a 30-70 office-to-warehouse split with upgraded power and HVAC.
Office space spans Class A towers near Del Amo to garden-style buildings along Torrance and Carson Boulevards, most in the 1,000-20,000 SF range with parking ratios of 4/1,000 or better.
Retail and investment properties remain highly sought after. Torrance’s stable demographics and daytime employment make multi-tenant retail and industrial investments among the South Bay’s most reliable income producers.
Lease Terms and Pricing in Torrance
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Torrance pricing sits comfortably below the Westside and the beach cities while offering more functional product.
- Industrial and warehouse space typically ranges from $1.35 to $1.95/SF NNN, with smaller units and high-image flex at the top of the range.
- Office space ranges from $2.25 to $3.25/SF full service depending on class and location.
- Retail varies widely by corridor, with Hawthorne Boulevard and Del Amo-adjacent locations commanding the premium.
Industrial leases typically run 5-10 years; office runs 3-5 years. Industrial vacancy in Torrance stays tight, so tenants with upcoming expirations should start the process 9-12 months out to preserve leverage.
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Why Work with Lee & Associates West LA in Torrance
Lee & Associates is one of the largest commercial real estate firms in North America, with deep coverage across the South Bay. Lee West LA brings that platform’s comps, deal flow, and landlord relationships to every Torrance assignment, paired with the analytical, broker-led approach we apply on the Westside.
Our services in Torrance include tenant representation for industrial, office, flex, and retail leases. Landlord representation and property marketing. Investment sales and advisory for industrial and multi-tenant assets. Site selection for manufacturers and logistics operators. And fair market value analysis and lease renewal negotiation.
Explore more markets: Long Beach · Culver City · Marina Del Rey · West Los Angeles
Ready to Explore Commercial Real Estate in Torrance?
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Talk to a Lee West LA broker who knows the South Bay. We’ll brief you on current availability, recent comps, and where the opportunities are in the Torrance market.
Contact us:
Phone: +1.310.899.2700
Email: [email protected]
Office: 1508 17th Street, Santa Monica, CA 90404