GOODR, POPULAR SUNGLASS BRAND TAKING THE RUNNING WORLD BY STORM, LANDS IN INGLEWOOD WITH LONG-TERM LEASE


September 25th, 2019

The Klabin Company Represents Building Owner, Klabin Redevelopment Associates, in 10-Year Lease Transaction Valued at More Than $6 Million.

(September 24, 2019 – TORRANCE, CALIF.)The Klabin Company/CORFAC International today announced it negotiated a long-term lease at 300 N. Oak Street within the Airport Business Center in Inglewood, Calif. on behalf of Klabin Redevelopment Associates, owner of the industrial complex. The tenant is Goodr LLC, the popular sunglass brand that has taken the running world by storm since its inception in 2015, who will move its Los Angeles corporate headquarters to the property.

The Klabin Company’s Courtney Bell, Matthew Stringfellow, SIOR, and Conor Dirks represented Klabin Redevelopment Associates in the 10-year lease for 32,213 square feet of space valued at more than $6.3 million. Goodr was represented by George Gleason and Jennie Delakas of L.A. Realty Partners.

The founders of Goodr started the company to create fun, fashionable, and functional sunglasses for running and working out that everyone can afford. The goal was to create the best pair of fitness sunglasses for under $40 and since its launch, the company has enjoyed tremendous success. Last year, its OG Running Sunglasses were included on “Gear of the Year” lists in Runner’s World magazine and Men’s Journal.

The industrial building at 300 N. Oak Street is a concrete tilt-up structure, fully remodeled in 2013, featuring 4,562 square feet of office space on more than 67,000 square feet of land, 21-foot minimum interior clearance, five dock-high positions plus ground level loading and on-site parking for 35 cars.

“This is an exciting time to be a part of the Inglewood and the Airport Business Center has been a premier industrial, warehouse and manufacturing complex for decades,” said Bell. “With the new football stadium well underway and so much economic development occurring in the city, Goodr was attracted to this location for its continued international expansion. This is a functional building with great loading and clear height. It is close to LAX and many of the important transportation centers that Goodr needs to serve its customers around the world. The owner is pleased to have them as a tenant for the next 10 years and beyond.”

“Our business has been growing rapidly over the past few years and we expect that growth to continue into the future,” said Ben Abell, co-founder of Goodr. “In our search for a new headquarters we had to target unique spaces that provided room to grow, while also being flexible enough to support our office and warehouse needs. We loved the 300 N. Oak building the moment we stepped inside as it checked every box on our list. Klabin Redevelopment Associates clearly put a lot of money, time and care into the building, and we’re excited to be able to work with such a great company for the next decade.”

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.