THE KLABIN COMPANY BROKERS THE SALE OF AN INDUSTRIAL BUILDING IN SANTA FE SPRINGS, CALIF.


January 10th, 2019

Team of Klabin Brokers Represent Both Sides in Transaction for 95,685 Square-Foot Concrete Tilt-Up Building Located on Almost Five Acres of Land

(JANUARY 10, 2018 – TORRANCE, CALIF.)The Klabin Company/CORFAC International today announced it negotiated the sale of a 95,685-square-foot industrial building at 12128 Burke Street in Santa Fe Springs, Calif. The building is located on almost five acres of land and features eight dock-high loading positions, heavy power, 32’clear height and 140 parking spaces.

The Klabin Company’s Todd Taugner, SIOR, Courtney Bell, Max Farkas and Zach Middleton represented both the seller, Stadler Family Trust, and the buyer, Black Creek Group, in the transaction. Black Creek Group is a Denver based real estate investment manager and development firm with a 25-year history. The company plans a refurbishment of 12128 Burke before placing the property on the market for lease.

“Buildings for sale are few and far between in the L.A. industrial market, and Santa Fe Springs is consistently one of the most sought-after locations,” said Taugner. “As an experienced real estate firm with a proven track record throughout the California region, Black Creek Group is the ideal buyer for this property and the seller could not be more pleased.”

“This was an excellent value-add opportunity for Black Creek Group to purchase a vacant, Class A industrial building in a land constricted market,” said Gregg Boehm, Senior Vice President of Acquisitions and Development for Black Creek Group. “Not only does the building feature modern specifications and space for additional parking, its infill location within the greater Los Angeles area, will allow the future tenant quick access to the nearly 25 million people that reside in Southern California.”

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.About Black Creek Group: Black Creek Group is an experienced real estate investment management and development firm that has bought or built approximately $18 billion of investments over its 25-year history. The firm manages diverse investment offerings across the spectrum of commercial real estate – including office, industrial, retail and multifamily – providing a range of investment solutions for both institutional and wealth management channels.  Black Creek Group has nine offices across North America with more than 300 professionals.  More information is available at www.blackcreekgroup.com.