CONTACT:
Art Ansoorian (805) 653-1648
Los Angeles, CA (November 20, 2012) – A 25,000 square foot industrial building strategically located one block from Los Angeles International Airport has been acquired by KMK Consortium for $3.1 million, announces The Klabin Company/CORFAC International.
The property, located on just over one acre of land at 11101 Hindry Ave., will be occupied by an auto impound operator. Improvements at the site include a 25,000 square foot concrete tilt-up structure with 50-car parking spaces on the exterior with potential for auto storage inside, Klabin officials said.
Luke Staubitz, SIOR, and Harvey Beesen, SIOR, partners in the Los Angeles office of Klabin/CORFAC, along with Andrew Dilfer, vice president of the Klabin firm, represented Bentley Homes, LLC, the seller.
“The building is ideally located near LAX at the intersection of the 405 and 105 Freeways, and features a CO2 air handling system to allow for automobiles and trucks to be stored in the building,” Staubitz said.
About The Klabin Company/CORFAC International
Now in its sixth decade, The Klabin Company/CORFAC International is ranked among the top 20 commercial real estate companies based in Los Angeles. The firm has offices in Los Angeles and Torrance, and is affiliated with CORFAC International. For more information go to www.klabin.com.
About CORFAC International
CORFAC International (Corporate Facility Advisors) is distinguished by the way it manages multi-market commercial real estate assignments on behalf of corporate entities and privately-owned companies. Founded in 1989, U.S.-based CORFAC is comprised of privately-held entrepreneurial firms with expertise in office, industrial and retail real estate leasing and investment sales, multifamily property acquisitions and dispositions, property management and corporate services in North America, with coverage in South America provided by Panama-based Latin American Corporate Property Services. A Principal Member of FIABCI – the International Real Estate Federation with global affiliates in Europe and Asia, CORFAC International offers commercial real estate services with market reach in 65 countries worldwide. In recent years, CORFAC firms have averages 10,000 completed transactions annually encompassing nearly 100 million square feet and valued at more than $6 billion. For more information on CORFAC, contact (703) 532-6160 or visit www.corfac.com.