THE KLABIN COMPANY BROKERS $52.45 MILLION SALE OF NEWLY BUILT INDUSTRIAL FACILITY IN CARSON
Carson Warehouse Corporation acquires state-of-the-art 127,775 square-foot warehouse with plans for cold storage conversion from Rexford Industrial in prime South Bay submarket.
(APRIL 23, 2025 – TORRANCE, CALIF.) – The Klabin Company/CORFAC International today announced it brokered the $52.45 million sale of a newly constructed, single-tenant 127,775 square-foot warehouse and distribution center located at 1055 Sandhill Avenue in Carson, one of the most sought-after industrial hubs in the South Bay submarket.
Frank Schulz, SIOR, and David Prior, SIOR, of The Klabin Company represented the seller, Rexford Industrial Realty, Inc. (NYSE: REXR) in the transaction. Ryan Campbell of NAI Capital represented the buyer, Carson Warehouse Corporation, which plans to convert a significant portion of the facility into cold storage, including freezers and coolers to support its food distribution operations.
The sale marks a full-circle transaction for The Klabin Company, which previously represented the prior owner of the property in the 2020 sale to Rexford Industrial for $14.5 million. Rexford subsequently demolished the existing buildings and developed the new facility, which was completed in 2024.
The property at 1055 Sandhill Avenue features all the attributes of a first-class distribution location, including:
Large, fenced yard with 130’ loading distance
19 dock-high doors (10 with 40,000 lb. hydraulic levelers)
1 ground-level door
6,998 SF of office space
3,369 SF mezzanine
3,000 amps of 277/480V power
ESFR sprinkler system
32’ minimum clear height
LEED Gold certification
The site also benefits from a legacy in the food industry, having once been the home of Yoplait Yogurt production for General Mills.
“With demand for cold storage on a steady rise and new construction opportunities in tight infill markets like Carson quite rare, this sale highlights the longstanding strength of the South Bay industrial sector,” said Schulz. “1055 Sandhill Avenue represents the ideal intersection of modern functionality, strategic location, and future-ready infrastructure that will allow Carson Warehouse Corporation to scale with confidence.”
According to Research and Markets, the global cold storage market was valued at over $190 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 17 percent through 2030—fueled by the continued rise of e-commerce grocery and food distribution needs.
1055 Sandhill Avenue provides proximity to the Ports of Los Angeles and Long Beach, Los Angeles International Airport (LAX), and major freeways, offering unmatched logistical connectivity for food-grade and general industrial users alike.
About The Klabin Company/CORFAC International
Now in its seventh decade of operation, The Klabin Company/CORFAC International is ranked among the top commercial real estate companies based in Los Angeles. Built on the principles of an open and enduring culture, the company has maintained its independence as a privately-owned business since 1961. The Klabin Company emphasizes how the sharing of information, experience and relationships among all colleagues works to everyone’s advantage. The firm is dedicated to the needs of its clients, and through this commitment, it has remained successful for years. The Klabin Company is affiliated with CORFAC International. For more information go to www.Klabin.com.
About CORFAC International
CORFAC International is a global network comprising private held entrepreneurial commercial real estate 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 75 offices in the U.S., Canada and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Mexico, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide. Contact Jonathan Salk, CORFAC Executive Director, at (224) 257-4400 or jonathan@corfac.com or visit www.corfac.com.
The Klabin Company represents Seller, Rexford Industrial in the sale of newly built 127,775 SF warehouse in Carson to Buyer, Carson Warehouse Corporation.