PRESS RELEASE

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August 12th, 2017

Miramar Capital Advisors Completes Acquisition of 1899 Western Way in Torrance, California

Miramar Capital announced it has completed the acquisition of 1899 Western Way, a 4-story office building totaling 75,711 square feet situated on 4.44 acres in Torrance, California. 1899 Western Way is adjacent to the anticipated redevelopment of the Toyota Campus that is expected to bring additional residential, retail, and amenities to the submarket. The building is situated within the 190th Street Corridor which is known for its excellent accessibility to the I-405, I-110, and SR-91 freeways attracting large automotive, healthcare, legal, accounting, advertising, engineering, and entrepreneurial tenants

The building is 100 percent leased to Unify Financial Credit Union on a long term basis.

Miramar Capital is a privately held real estate investment platform focused on high quality office and multifamily investments in California. Miramar Capital is based in Santa Monica, California with a regional office located in Silicon Valley.