THE KLABIN COMPANY SECURES MORE THAN 340,000 SQUARE FEET OF SPACE FOR GREAT CENTRAL TRANSPORT A LOGISTICS PROVIDER EXPANDS IN COMPTON

Two separate lease transactions are executed for warehouse buildings located just blocks apart in prime industrial corridor with convenient transportation access. 

(October 5, 2022 – TORRANCE, CALIF.) – The Klabin Company/CORFAC International today announced it secured more than 340,000 square feet of space for Great Central Transport, Inc. as the leading logistics provider significantly expands its operations in Compton, Calif.

The Klabin Company executed two separate lease transaction for warehouse buildings located just blocks apart in this prime industrial corridor with convenient access to freeways and the ports of Los Angeles.

In the first transaction, The Klabin Company’s Frank Schulz, SIOR, and Nick Buss represented Great Central Transport in the 61-month lease of a 143,937-square-foot industrial building at 921 Artesia Boulevard. Situated on 7.5 acres, the concrete tilt-up building features almost 15,000 square feet of offices, 400 parking spaces, 14 dock-high positions, one ground-level door and 24’ clear height. The property previously served as a DHL distribution facility and is owned by J.P. Morgan Asset Management who was represented by John Schumacher of CBRE.

Schulz and Buss also represented Great Central in the lease of 601-615 W. Walnut Street, a 200,000-square-foot industrial building just up the street from 921 Artesia Boulevard. Set on more than nine acres, the property was recently refurbished, with 20 pit-style load levelers and perimeter fencing added to the expansive yard. It includes 32 dock-high positions, two ground-level doors and 22’ clear height. The building is owned by Prologis, the global leader in logistics real estate, who was represented by Schulz and his partners David Prior, SIOR, and Todd Taugner, SIOR, of The Klabin Company.

Over the last 40 years, Great Central Transport, Inc. has grown from a small warehousing company to one of the top third-party logistics (3PL) providers in California. It designed its business to provide high quality customized logistic services that allow it to be a preferred partner or core carrier to major shippers. Great Central serves as an integral part of the distribution system of its major customers, many of whom require time-definite pickup and delivery to support just-in-time inventory management.

“These two lease transactions were crucial to Great Central’s operations as it rapidly expands its services and client base,” said Buss. “The demand and level of interest in these buildings was extremely high and we used our strong relationships and market knowledge to secure them for our client in a timely manner with terms that work for them.”

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 its 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.

Nick Buss and Frank Schulz represent Great Central Transport as they expand there operations in Compton with over 340,000 square feet of industrial space.