24
Apr2014
Former Car Museum Building Acquired by Fielding Electric For Its Relocation to Torrance, CA, Klabin Co./CORFAC Reports
CONTACT: Art Ansoorian, (805) 653-1648
Torrance, CA (April 24, 2014)– A 9,200 square foot industrial building in Torrance, CA previously operated as a private vintage car museum has been acquired by Fielding Electric, Inc. which will relocate to the facility from Hawthorne, CA, announces The Klabin Company/CORFAC International.
With the recent removal of all the collectibles from the property and following its own building improvements, Fielding Electric has scheduled a third quarter occupancy of the property located at 1601 Lockness Place.
Matt Stringfellow and Courtney Bell, vice presidents in The Klabin Company’s Torrance office, represented Jerry Fialkowski, the seller who had earlier converted the building to a car museum. David Stromath of CBRE represented Fielding Electric. Sale consideration was $1.86 million.
The streamlined, freestanding concrete tilt-up building, which was extensively refurbished in 2012, features 2,200 square feet of office space, ground level loading, 18-foot minimum clearance and ample on-site parking.
Fielding Electric provides electrical services to the telecom industry, mission critical facilities and commercial building sectors.
About The Klabin Company/CORFAC InternationalNow in its sixth decade, The Klabin Company/CORFAC International is ranked among the top 25 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 InternationalCORFAC International (Corporate Facility Advisors) 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 association with FIABCI (the International Real Estate Federation) and global affiliates, CORFAC International offers commercial real estate services with market reach in 65 countries worldwide. In recent years, CORFAC firms have averaged over 8500 completed transactions annually totaling more than 600 million square feet worth in excess of $52 billion for their customers. For more information on the CORFAC network, contact (703) 532-6160 or visit www.corfac.com.
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