THE KLABIN COMPANY REPRESENTS FIRST INDUSTRIAL REALTY TRUST IN SECURING TENANT FOR STATE-0F-THE-ART TRANSLOAD BUILDING IN RANCHO DOMINGUEZ

Long-term lease is for 63,450 square-foot, 120-foot-wide facility built in 2016.

(SEPTEMBER 17, 2020 – TORRANCE, CALIF.) – Signifying the ongoing strength of the industrial market in the Los Angeles region, The Klabin Company/CORFAC International today announced it represented First Industrial Realty Trust, Inc. (NYSE: FR) in the lease of its state-of-the-art, 120-foot-wide transloading building at 19067 Reyes Avenue in Rancho Dominguez, Calif. The Klabin Company’s Frank Schulz III, SIOR, Todd Taugner, SIOR, Mike Ouellette and Nick Buss represented First Industrial in the transaction for 63,450 square feet of space.

Built in 2016 by First Industrial, the property is recognized as a cutting edge and premier transload facility in the prime Los Angeles industrial submarket. The concrete tilt-up building features 67 dock-high doors with dock levelers, 147 parking spaces for trailers/containers, 30’ minimum clear height and a fully fenced, concrete yard.

The tenant is Pacifica Trucks, a leading logistics company in the western U.S. that provides dynamic and innovative transportation services in drayage, local and regional deliveries and container storage. Pacifica was represented by Matt Ginocchio of LAREM.

“We are proud to represent First Industrial Realty Trust, a best in class owner of industrial real estate,” said Schulz. “This building is a testament to First Industrial’s keen foresight as a developer, as it saw the need for a modern transload facility near the ports five years ago. It completed this property with top-rate amenities that suit the needs of Pacifica Trucks perfectly.”

“We designed and developed this state-of-the-art facility with the logistics needs of high throughput distribution users in mind,” said Ryan McClean, senior regional director for First Industrial in Southern California. “We are excited to earn Pacifica’s business and add them to our customer base. We thank The Klabin Company team for their efforts on this new lease.”

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.

About First Industrial Realty Trust, Inc.

First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry leading customer service to multinational corporations and regional customers. Across major markets in the United States, First Industrial’s local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, First Industrial owns and has under development approximately 64 million square feet of industrial space as of June 30, 2020. For more information, please visit www.FirstIndustrial.com.

The Klabin Company represents building owner, First Industrial, in the lease of a 63,450 square foot transload building in Rancho Dominguez.