LEADING PERFORMANCE APPAREL AND SKIWEAR MANUFACTURER LEASES INDUSTRIAL BUILDING IN TORRANCE TO EXPANDING SUPPLIER OF BEAUTY PRODUCTS


May 28th, 2019

The Klabin Company Negotiates Transaction on Behalf of FERA International Corporation as lifestyle brand relocates to another one of its properties in the South Bay.

(May 20, 2018 – TORRANCE, CALIF.)The Klabin Company/CORFAC International today announced it negotiated a lease on behalf of FERA International Corporation, a leading performance apparel and skiwear manufacturer, for an industrial building at 3521 Challenger Street in Torrance, Calif.

The Klabin Company’s Courtney Bell and Todd Taugner, SIOR, represented FERA in the five-year lease transaction for 35,076 square feet of space valued at almost $2.5 million. The tenant, Cosmetix West Inc., a global supplier of beauty products, was represented by Rob Flores and John Lane of CBRE.

Since 1978, FERA has designed and distributed high-quality fashion skiwear to the North American market. Today, FERA remains independent and family-owned and operated. Its product range has expanded to include lifestyle outerwear and apparel.

Cosmetix West manufacturers and packages a wealth of cosmetic and personal-care products on a contract basis for other brands around the world.

“Cosmetix West is rapidly growing and was looking to expand from its two El Segundo locations and FERA was planning to move to another building it owns in the South Bay, so this lease transaction was a perfect match for both companies,” said Bell. “Built in 1990, the concrete tilt-up building features everything the Cosmetix West workforce needs to continue its expansion, including one dock-high position, 24’ clear height, more than 11,500 square feet of office space, expansive yard, almost 100 parking spaces and a prime industrial location. Torrance continues to emerge as one of the most desirable cities in the Los Angeles region for manufacturers to do business, a key reason why this transaction was finalized in a short period of time.”

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.