CORFAC News

CONTACT:  Art Ansoorian (805) 653-1648
FOR:  The Klabin Company/CORFAC International

Rancho Dominguez, CA (July 31, 2012) – The Klabin Company/CORFAC International announces that property owner KTR Capital Partners has leased a 57,600 square foot warehouse/distribution facility in Rancho Dominguez, CA to Davis Trucking, LLC for relocation of its Los Angeles branch operations.

Davis Trucking recently (July) occupied its new LA branch facilities located at 3090 Via Mondo.  Approximately 30 people will be employed at the site.  Davis Trucking relocates form Carson, CA

Frank Schulz, SIOR, Todd Taugner, SIOR, and David Prior, SIOR, in Klabin/CORFAC’s Torrance office, represented KTR Capital Partners.  Tommas Golia of Pacific Coast Commercial represented the tenant.  Consideration for the seven-year lease was $2.8 million.

Based in San Diego, Davis Trucking is a leading trucking and logistics company that transports raw materials and finished goods to warehouses, retail stores and production lines in an expedited manner.  The company works with numerous Fortune 500 companies, airlines, forwarders, wholesalers and retailers.  Davis Trucking has offices in San Diego, Los Angeles, Las Vegas, and Calexico, CA

The new L.A. area facility for Davis Trucking is a concrete tilt-up structure featuring 12 dock high doors, 4,500 square feet of office space, 27-foot minimum clearance, and 27 container/trailer positions.

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 averaged 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.

About KTR Capital Partners
KTR Capital Partners (“KTR”) is a private equity firm established in 2004 to continue the successful real estate investment activities of Keystone Property Trust (formerly NYSE:  KTR).  Prior to the formation of KTR management served as the founders and executive leadership team of Keystone Property Trust – a NYSE traded real estate investment trust that focused on industrial real estate and  was sold in 2004 for $1.6 billion.  Since December of 1997, the KTR team has invested over $4 billion of capital in over 415 properties, including approximately 82 million square feet of acquisitions and 15 million square feet of development.