Torrance

City Council

February 24, 2026 Order of Business 13 #B

Agenda Item B

13B. REAL PROPERTY – CONFERENCE WITH REAL PROPERTY NEGOTIATOR\n(California Government Code § 54956.8):\n1. Property: 2655 Pacific Coast Highway, Torrance, CA 90505 (APN: 7377-005-906)\nAgency Negotiator: Aram Chaparyan\nNegotiating Parties: City of Torrance and Schwartz Investment Company\nUnder Negotiation: Price and terms and conditions of lease\n2. Property: 3481 Airport Drive, #200, Torrance, CA 90505\nAgency Negotiator: Aram Chaparyan\nNegotiating Parties: City of Torrance and Torrance Flite Park, LLC\nUnder Negotiation: Price and terms and conditions of lease\n3. Property: 3006 182nd Street, Torrance, CA 90504 (APN: 4095-020-903)\nAgency Negotiator: Aram Chaparyan\nNegotiating Parties: City of Torrance and Champion Ventures, LLC\nUnder Negotiation: Price and terms and conditions of lease