VIE LOGISTICS EXPANDS WITH MULTI-YEAR LEASE AT INDUSTRIAL BUILDING IN PRIME SOUTH BAY LOCATION

The Klabin Company represents Landlord in the 72-month lease transaction for more than 208,000 square feet in Torrance.  

(February 11, 2021 – TORRANCE, CALIF.) – Signifying the continued strength of the industrial market in the Los Angeles region, The Klabin Company/CORFAC International today announced it negotiated a multi-year lease and major expansion for Vie Logistics at 4240 W. 190th Street in Torrance.

The Klabin Company’s Senior Managing Principal David A. Prior, SIOR, and Principal Todd N. Taugner, SIOR, represented the Landlord, ZKS Real Estate Partners, in the 72-month lease transaction for more than 208,000 square feet. David Bales, Principal with Lee & Associates, represented Vie Logistics.

Vie Logistics, a full-service a warehouse and logistics provider founded in 2012, has been a tenant in the building for many years, but due to its growth, was in need of more space. When the opportunity arose to secure the additional square footage, Prior and Taugner were able to respond and execute the long-term lease between both parties. Vie now occupies the majority of the building, which is situated in a prime South Bay industrial location.

“We were able to quickly accommodate the tenant’s need for expanded space because of the Landlord’s flexibility and our longstanding relationship in representing this property,” said Prior. “Vie Logistics, like many companies in its industry, is experiencing explosive growth and we’re pleased we could be there to assist them with their expansion in the building they’ve called home for some time.”

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. Built on the principles of an open and enduring culture, the company has maintained its independence as a privately-owned business for decades. The Klabin Company emphasizes how the sharing of information, experiences and relationships with all of 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.

David A. Prior, SIOR and Todd N. Taugner, SIOR represent Owner, ZKS Real Estate in the lease expansion to Tenant, Vie Logistics for more than 208,000 square-feet in Torrance.