THE KLABIN COMPANY REPRESENTS PROLOGIS ON SUCCESSFUL LEASE RENEWAL AND EXPANSION WITH HEALTH-ADE KOMBUCHA IN TORRANCE


May 4th, 2020

Probiotic tea manufacturer signs five-year lease for 107,154 square feet, expanding its presence in prime South Bay industrial property.

(MAY 4, 2020 – TORRANCE, CALIF.)The Klabin Company/CORFAC International today announced it negotiated a lease renewal and expansion on behalf of global logistics real estate leader Prologis, Inc. for its industrial building at 2012 Abalone Avenue in Torrance, Calif.

The Klabin Company’s Todd Taugner, SIOR, Frank Schulz III, SIOR, and David Prior, SIOR represented Prologis in the five-year lease transaction for 107,154 square feet. The tenant, Health-Ade Kombucha, a manufacturer of high-quality probiotic teas, was represented by Paul Sablock of JLL.

Health-Ade, which is expanding its operations in the building to three additional units that were vacated by Alpine Electronics, will continue to use the industrial space to brew and ship its healthy, carbonated kombucha, a popular fermented tea known for its health benefits.

“We were able to quickly accommodate Health-Ade’s need for expanded space because of Prologis’ flexibility and commitment to its tenants,” said Taugner. “Prologis terminated their previous lease and wrote a new one for Health-Ade that gave it five additional years and the additional square footage it needed, resulting in a win-win for both parties.”

 

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 49 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 annually complete more than 10,000 lease and sales transactions totaling 500 million square feet of space valued in excess of $8 billion. Contact CORFAC at (224) 257-4400 or www.Corfac.com.