SPORTS RESEARCH CORP. EXPANDS AND RELOCATES WAREHOUSE TO STORM BUSINESS PARK IN TORRANCE

The Klabin Company Negotiates Five-Year Lease Transaction for 48,586 Square Feet on Behalf of Storm Properties, Inc.

(September 15, 2020 – TORRANCE, CALIF.)The Klabin Company/CORFAC International today announced it negotiated a five-year lease on behalf of Storm Properties, Inc. at the Storm Business Park in Torrance, Calif. The tenant is Sports Research Corp., which is expanding and relocating its international distribution center from Wilmington to the new space in Torrance.

The Klabin Company’s Courtney Bell and Matthew Stringfellow, SIOR, represented Storm Properties in the five-year lease transaction for 48,586 square feet of space valued at almost $3.5 million. The industrial building is located at 1355-1365 W. Storm Parkway in Torrance. Sports Research was represented by Jim Abbott, Jr. of Realty Advisory Group, Inc.

Founded in 1980, Sports Research (SR®) is a family-owned and operated company dedicated to providing the highest quality health and wellness products that complement healthy lifestyles and enhance overall well-being. Its trademarked supplements are made with proven ingredients and it sells only the most heavily researched, scientifically sound products. Sports Research’s signature line of workout products, Sweet Sweat, are now exported to 53 countries around the world and are used by amateur and professional athletes in bodybuilding, boxing, football, mixed martial arts, track and field, and other sports to substantially improve circulation, energy and sweating. Only the purest natural ingredients are used in all if Sports Research’s liquid softgel supplements and vitamins, delivering the maximum benefits for wellness, health and balance.

Sports Research will utilize 1355-1365 W. Storm Parkway as its key distribution center for customers around the globe. Built in 2009, this concrete tilt-up building features six dock-high positions, a spacious warehouse with 30’ clear height and refurbished offices.

“This property was on the market for both direct and sublease,” said Bell. “When Sports Research emerged as the tenant, the Landlord terminated the existing lease, with 11 months remaining, in favor of the new lease. Therefore, we were able to finalize this transaction so that the property had zero downtime or vacancy.”

Storm Business Park is a premier, master-planned business park encompassing approximately 500,000 square feet of industrial and corporate office facilities. This 40-acre site includes Class A industrial buildings that can accommodate tenants from 3,000 to 70,000 square feet. Located in Torrance, one and a half miles from the 110 freeway (10 minutes from ports of Los Angeles & Long Beach, and 15 minutes from LAX) Storm Business Park is designed to meet the needs of a wide range of industries, including warehousing, manufacturing, R&D, transportation, logistics and corporate services.

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.

 

Health and wellness products company signs a five-year lease for 48,586 square feet in the South Bay, valued at almost $3.5 million.

Health and wellness products company signs a five-year lease for 48,586 square feet in the South Bay, valued at almost $3.5 million.

Alyssa Rhodes