THE KLABIN COMPANY REPRESENTS FIRST INDUSTRIAL REALTY TRUST IN TWO LEASE TRANSACTIONS TOTALING MORE THAN 670,000 SQUARE FEET OF SPACE


February 26th, 2019

The Two Five-Year Leases are for Industrial Properties in Rancho Dominguez  and Los Angeles, California

(February 25, 2019 – TORRANCE, CALIF.)The Klabin Company/CORFAC International today announced it represented First Industrial Realty Trust, Inc. (NYSE: FR) in two lease transactions totaling more than 670,000 square feet of space and land at properties in the Los Angeles market. The Klabin Company’s Frank Schulz III, SIOR, David Prior, SIOR and Todd Taugner, SIOR, represented First Industrial in the two transactions.

The first lease is for an industrial building located at 3015 East Ana Street in Rancho Dominguez, California. The tenant is The Triangle Group, an international shipping, warehousing and supply chain management company, who secured 213,544 square feet in a transaction for 60 months. The concrete tilt-up building features 54 dock-high positions, 22’ clear height and 200 parking spaces.

In the second transaction, Prime Auto Resources, an automotive auction company, renewed its lease for 457,380 square feet of land at 777 W. 190th Street in Los Angeles for 60 months. The property is just off the 110 Freeway in a prime South Bay industrial location. Prime Auto Resources is a subsidiary of AutoNation.

“We are pleased to announce the leasing of these two key assets in our greater Los Angeles portfolio.” said Ryan McClean, senior regional director for First Industrial’s Southern California Region. “We thank the team at The Klabin Company for all their efforts in pushing these deals forward.”

“We are proud to represent First Industrial Realty Trust, a best in class owner of industrial real estate,” said Schulz. “There is no company in the industry that provides better customer service than First Industrial, an attribute that was key to finalizing both of these significant lease transactions.”

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 First Industrial Realty Trust, Inc. First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 65.9 million square feet of industrial space as of December 31, 2018, including 8.6 million square feet in Southern California. For more information, please visit us at www.firstindustrial.com.