THE KLABIN COMPANY REPRESENTS JAS FORWARDING (USA) IN MULTI-YEAR LEASE RENEWAL AT INDUSTRIAL BUILDING IN RANCHO DOMINGUEZ


June 30th, 2020

Global Freight Forwarding Company Signs Lease Commitment for 38 Months Valued at More Than $3.5 Million

(JUNE 9, 2020 – TORRANCE, CALIF.) – The Klabin Company/CORFAC International today announced it negotiated a multi-year lease renewal for JAS Forwarding (USA) at an industrial building located at 1975 Charles Willard Street in Rancho Dominguez, Calif.

The Klabin Company’s Matt Stringfellow, SIOR, and Tyler Rollema worked with Tommy Hughes of Hughes Commercial Real Estate, Inc. out of Atlanta in representing JAS in the 38-month lease transaction for 93,850 square feet of space valued at more than $3.5 million. JAS, a global freight forwarder and supply chain services provider, is leasing the space from the Carson Companies, one of the leading owners of buildings ideally suited for the logistics, distribution and supply chain management business. The Carson Companies represented itself in the transaction.

JAS is an award-winning freight forwarding and logistics provider with more than 4,500 employees in 227 offices worldwide. JAS handles the complex process of moving large-scale cargo from point to point globally. The company employs experts in a wide range of fields who understand the intricacies of moving everything from automobile parts to racing horses. JAS specializes in customer-focused air, ocean, customs brokerage, warehousing, import and export and supply chain management. Founded in 1978, JAS is headquartered in Atlanta.

“The industrial market continues to be the bright spot in commercial real estate as we navigate through all of the uncertainty caused by the pandemic,” said Stringfellow. “This lease renewal between a best-in-class owner of industrial properties and a world leader in its specialized business demonstrates the strength and resiliency of the industrial sector.”

 

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.