Arc Capital Partners (Arc”) announced today that it has successfully exited its preferred equity investment in Village Del Amo, a 166,365-square-foot, grocery-anchored retail center located at 21221 Hawthorne Boulevard in Torrance, California, as part of the property’s $108.25 million sale to a private buyer.
Arc closed on its investment in November 2022, recapitalizing the asset and providing structured capital that enabled DJM Capital Partners (“DJM”), the operating sponsor, to execute a value-add business plan focused on repositioning the center into a premier shopping and dining destination serving the South Bay.
“This investment reflects Arc’s focus on providing flexible equity solutions that support value creation alongside best-in-class operators,” said Neville Rhone, Managing Partner at Arc Capital Partners.
Under DJM’s execution, the business plan included upgrading the tenant mix, modernizing the property, and developing and leasing multiple pad sites, further activating the center and enhancing long-term value. Arc’s preferred equity investment provided balance sheet support and flexibility during a transitional period for the asset, allowing the plan to be completed and value fully realized.
“DJM executed the business plan extremely well, and we’re proud to have supported this successful outcome,” said Quincy Allen, Co-Founder and Managing Partner of Arc Capital Partners.
Originally constructed in 1980 and renovated in 2024, Village Del Amo is situated on 15.9 acres at the highly trafficked southwest corner of Hawthorne Boulevard and Torrance Boulevard, benefiting from approximately 99,000 vehicles per day and proximity to Interstate 405. The property serves as a core retail hub for Torrance and the surrounding coastal South Bay communities. Anchored by Hannam Supermarket, a leading Korean grocer, Village Del Amo reflects Arc’s conviction in ethnic grocery-anchored retail as a resilient asset class that authentically serves local communities while generating durable income.
“We’re grateful to Arc for their partnership and collaboration throughout the life of the investment, and proud of what the team accomplished at Village Del Amo,” said John Miller, DJM Capital Partners.
About Arc Capital Partners
Arc Capital Partners is an institutional real estate owner and investment manager specializing in middle-market opportunities across high-growth Sunbelt U.S. markets. Founded in 2013, Arc invests in retail, multifamily, industrial, and mixed-use assets that benefit from durable demographic demand and high barriers to entry. The firm focuses on complex situations where thoughtful structuring, active ownership, and partnerships with experienced operators can drive value within the communities they serve. Led by principals with more than $15 billion in transaction experience, Arc seeks to generate repeatable alpha by investing across the capital stack through recapitalizations, preferred equity, and joint ventures. For more information, please visit www.arccapitalpartners.com.
About DJM Capital Partners
DJM Capital Partners is a vertically integrated real estate investment and development firm with more than three decades of experience creating high-performing retail and mixed-use destinations. Founded in 1992, the firm focuses on acquiring, redeveloping, and operating assets in supply-constrained, high-growth markets, partnering with best-in-class tenants, operators, and capital partners to deliver durable value and vibrant community-oriented projects. For more information, please visit https://www.djmcapital.com/
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Contacts
Ron Demeter, Vectis Strategies
rdemeter@vectisstrategies.com