LARGEST DIRECT-TO-CONSUMER SUPPLIER OF HAIR EXTENSIONS IN THE WORLD SIGNS LONG-TERM LEASE AT PCT IN EL SEGUNDO


June 27th, 2018

The Klabin Company Represents Bellami Hair in Lease Commitment for Eight and One-Half Years and Valued at More Than $8 Million

(JUNE 18, 2018 – TORRANCE, CALIF.) – The Klabin Company/CORFAC International today announced it negotiated a multi-year lease for Bellami Hair at PCT, an office community located at 222 N. Sepulveda Blvd. in El Segundo, Calif.

The Klabin Company’s Principal David Grote represented Bellami in the eight and one-half year lease transaction for 23,061 square feet of space and valued at more than $8 million. Bellami is subleasing the space from Nexon America, an international publisher of online games. Nexon was represented by Greg Lovett with Cresa.

Founded four years ago, Bellami has quickly become the fastest growing and largest direct-to-consumer supplier of hair extensions in the world.

“Bellami is moving its headquarters from Simi Valley to El Segundo to increase its size, upgrade its image, and position itself to hire and retain the quality of employee needed to handle their growth,” said Grote. “Independent analysis confirms that Bellami is the top hair brand in the country in terms of online media value with more than 1.7 million Instagram followers. They expect their business to grow exponentially with the new location in El Segundo, an established and thriving community that has become an incubator for innovative companies in a number of industries.”

PCT (formerly known as Pacific Corporate Towers) is a three-tower office campus on 11.75 acres in El Segundo. Situated on Sepulveda Boulevard between El Segundo and Grand Boulevards, PCT is just two miles east of the Pacific Ocean and less than a five-minute drive from LAX. The Class A property received LEED Gold Certification in 2015 and includes an on-site fitness center and basketball court, two restaurants, shared conferencing facilities and outdoor meeting areas throughout.

 

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., 6 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 10,000 lease and sales transactions totaling 500 million square feet of space valued in excess of $8.0 billion in 2017. Contact CORFAC at (224) 257-4400 or www.corfac.com.