CORFAC News

Contact: 
Art Ansoorian
(805) 653-1648

Torrance, CA (October 29, 2012) – The Klabin Company/CORFAC International announces the 100 percent occupancy of the 107,000 square foot Prologis Topside Distribution Center in Torrance, CA with the announcement that Alpine Electronics of America has expanded its occupancy to 69,718 square feet of space in the 107,000 square foot complex.

Todd Taugner, SIOR, a principal in the Torrance office of Klabin/CORFAC, reports that Alpine Electronics expanded their presence in the Prologis project with the addition of contiguous space at 2012 Abalone Ave.  Terms of the lease were not disclosed.  Previously, Alpine occupied 18,000 square feet at the site.

The Alpine transaction, along with an earlier lease to C Preme Limited for 37,436 square feet directed by Klabin/CORFAC, signals the lease-up of the entire development.

Taugner represented Alpine in the transaction.  Taugner, David Prior, SIOR, and Frank Schulz, SIOR, represented Prologis, the property owner.

Alpine Electronics is an automotive electronics manufacturer that provides consumers and leading auto makers with audio, video, navigation and driver assistance projects.  The company specializes in system integration solutions with innovative vehicle entertainment and information technologies, according to the company’s web site.  The company uses the Torrance facility for service and R&D activities.

The Prologis Abalone facility is a modern concrete tilt-up structure featuring dock high loading, a fenced and paved yard, 26-foot clear height and ample on-site parking.

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.