INTERNATIONAL BEDDING PRODUCTS MANUFACTURER SECURES LEASE AT REFURBISHED INDUSTRIAL BUILDING IN GARDENA, CALIF. AS GLOBAL OPERATIONS EXPAND


March 12th, 2018

The Klabin Company Negotiates Transaction on Behalf of Building Owner, Steven L. Koch.

(MARCH 9, 2018 – TORRANCE, CALIF.) – The Klabin Company/CORFAC International today announced it negotiated a lease on behalf of Steven L. Koch for his industrial building at 15000 S. Broadway in Gardena, Calif.

The Klabin Company’s Senior Vice President Courtney Bell, along with his colleague Matthew Stringfellow, SIOR, represented Mr. Koch in the five-year lease transaction for 44,066 square feet of space and valued at almost $2 million. The tenant, St. James Home, a premier international bedding products manufacturer, was represented by Peter Donnellan of Gateway Business Properties.

St. James Home’s business includes the design and manufacturing of bedding ranging from sheets and down comforters to mattress pads and toppers. Its products are available in-store and online from the most recognizable home goods retailers around the world, including Bed Bath & Beyond, Walmart, Lowe’s and many others.

“St. James Home was looking for a secondary location in Gardena as it rapidly expands,” said Bell. “This is a classic brick building that was extensively refurbished by the landlord to offer modern warehouse amenities such as dock-high loading capabilities. Mr. Koch went above and beyond in updating the building so that it would attract a company like St. James Home with very specific shipping and receiving needs to accommodate its growth. The tenant will gain much needed warehouse space, close to its existing location, and the landlord secures a long-term lease with a quality international company, so all parties are very pleased.”

 

About The Klabin Company/CORFAC International
Now in its sixth decade, The Klabin Company/CORFAC International is ranked among the top commercial real estate companies based in Los Angeles. With clients around the world, The Klabin Company specializes in industrial, office, investment and development services. It combines cutting-edge research and analysis with years of experience to keep abreast of ever-changing market dynamics to ensure the best possible value for its clients in every facet of its business. The firm is affiliated with CORFAC International. For more information go to www.Klabin.com.

About CORFAC International
CORFAC International is comprised of privately held entrepreneurial firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services.
Founded in 1989, CORFAC has 47 firms in the U.S., five in Canada and 27 in international markets, including Australia, Colombia, France, Germany, Ireland, Israel, Italy, Mexico, Romania, Russia, South Africa, South Korea, Switzerland and the United Kingdom. CORFAC offices completed more than 11,000 lease and sales transactions totaling 500 million square feet of space valued in excess of $8.5 billion in 2016. For more information on the CORFAC network, call the Chicago headquarters at 224-257-4400 or visit www.Corfac.com.