Hines Buys 18500 Crenshaw Boulevard (180,000 SF) in Los Angeles

SaleIndustrialLA Industrial & South LA (Vernon / Carson / Torrance / Santa Fe Springs / La Mirada)

Reported Oct 9, 2026 · Source: The Registry

Source: The RegistryRead the full report at The Registry ↗

Deal details

Buyer
Hines
Seller
Lift Partners
Price
$76.5M
Size
180,000 SF
Price per SF
$425 per SF (our calculation)
Asset class
Industrial
Transaction
Sale
Sub-market
LA Industrial & South LA (Vernon / Carson / Torrance / Santa Fe Springs / La Mirada)
Metro
Los Angeles (incl. OC & Inland Empire)
Reported date
Oct 9, 2026

Summary

County records show Hines' flagship U.S. Property Partners fund is the buyer behind Lift Partners' sale of 18500 Crenshaw Boulevard, paying an implied $76.5 million for a 1999-built Torrance building that satellite ground-network maker Northwood Space has turned into its headquarters and factory. The source headline reads: “Hines Buys Northwood Space-Leased 180,000 SQFT Torrance Headquarters From Lift Partners for $76.5MM.”

Summarized from the article; the quoted lines below are from the article itself.

Source: The Registry

Read the full report at The Registry. What the article says:

  • Deal / Price / Buyer / Seller
    County records show Hines' flagship U.S. Property Partners fund is the buyer behind Lift Partners' sale of 18500 Crenshaw Boulevard, paying an implied $76.5 million for a 1999-built Torrance building that satellite ground-network maker Northwood Space has just turned into its headquarters and factory.
  • Size
    Hines Buys Northwood Space-Leased 180,000 SQFT Torrance Headquarters From Lift Partners for $76.5MM

Article date: 2026-10-09T12:17:00+00:00

Frequently asked questions

Who bought 18500 Crenshaw Boulevard?
Hines bought 18500 Crenshaw Boulevard in LA Industrial & South LA, Los Angeles, according to The Registry.
How much did 18500 Crenshaw Boulevard sell for?
The reported price is $76.5M ($425 per SF, our calculation), per The Registry.
Who sold 18500 Crenshaw Boulevard?
The seller was Lift Partners, per The Registry.

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Compiled from public sources; details can differ between sources. Always verify with the linked source.