TOTAI AMERICA RELOCATES HEADQUARTERS WITH PURCHASE OF INDUSTRIAL BUILDING IN TORRANCE


August 1st, 2018

The Klabin Company and Relo Redac Represent the Global Leader in Flexible Packaging Products in $7.6 Million Transaction

(AUGUST 1, 2018 – TORRANCE, CALIF.) – The Klabin Company/CORFAC International today announced it negotiated the purchase of a 21,337-square-foot industrial building at 19675 Mariner Avenue in Torrance, Calif.

The Klabin Company’s Executive Vice President and Principal Todd N. Taugner, SIOR, worked with Takashi Sugita of Relo Redac in representing the buyer, Totai America, in the $7.6 million transaction. The property was bought from Kung Fu Dragon, LLC.

According to Taugner, Totai America will relocate its headquarters from another location in Torrance as the global leader in flexible packaging products continues to expand.

Totai America was founded in 1981 and since then has become a pioneer in full-service rotogravure printing/converting of cost-effective, high-quality, flexible packaging materials. Its packaging is showcased by products sold at Costco, Target, Trader Joe’s, Walmart, supermarket chains and specialty stores around the world.

“Totai America was in need of more office and warehouse space and was also looking to stay in a prime South Bay location,” said Taugner. “This property, which was refurbished by the seller, allows the company to maintain its headquarters in Torrance which benefits from convenient access to major interstate freeways, two major container ports and Los Angeles International Airport for expedient ground, ocean and air deliveries. The South Bay continues to be a leader in attracting the very best in the industrial sector and this sale is an example of matching the right property with the right company, so it can continue to grow and innovate.”

 

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.