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Colliers, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in Topaz Tower, a landmark 12-story office asset with full occupancy potential in one of Southern California's most rapidly evolving coastal districts. Totaling 294,693 square feet, Topaz Tower is the premier office property in San Pedro, offering unmatched scale, design efficiency, and panoramic ocean views.
Located in the heart of San Pedro's revitalized downtown and designated Little Italy district, the Property benefits from exceptional walkability to dining, entertainment, and open-air coastal attractions. Just blocks from the $1 billion West Harbor development, the Property sits within a highly accessible corridor with direct access to the 710, 110, and 405 freeways, as well as Metro's J Line. The Property is also surrounded by a diverse and resilient economic base, anchored by the Ports of Los Angeles and Long Beach, the South Bay aerospace corridor, Silicon Beach, and a growing cluster of healthcare and educational institutions.
Ideally suited for an owner/user seeking a long-term headquarters location, Topaz Tower offers full building control with 25,000-square-foot floor plates, 13.5-foot ceiling heights, a center-core elevator bank, and panoramic views of the Pacific Ocean and Port of Los Angeles. In addition to immediate usability, the Property offers significant long-term flexibility, with full entitlements in place for a 246-unit residential mixed-use redevelopment that includes plans for a Class A apartment project featuring balconies in 50% of units, a rooftop amenity deck, and 772 parking stalls.
With its strategic location, institutional scale, and built-in optionality, Topaz Tower presents a generational opportunity to establish a long-term presence in a revitalizing coastal district while preserving the flexibility to pursue future redevelopment in one of Southern California's most dynamic urban markets.