CBRE AUCTION SERVICES TO CONDUCT SEALED BID AUCTION OF 28-ACRE INDUSTRIAL SITE IN TORRANCE, CALIFORNIA ON JULY 20TH

New York, NY – June 6, 2011 – (RealEstateRama) — Paul Galanis, managing director of CBRE Auction Services, announced today that a 28-acre redevelopment site located in Torrance, California, will be sold in a sealed bid auction on Wednesday, July 20th, 2011, providing a singular opportunity for future redevelopment in the heart of the South Bay.