Marina Auto Body Leases Inglewood Building For Expansion From Marina Del Rey, Klabin Company/CORFAC Reports
nglewood, CA (December 4, 2014) – The Klabin Company/CORFAC International announces that Marina Auto Body, a certified collision repair center, has leased a 27,505 square foot facility in Inglewood, CA for expansion from Marina del Rey.
Marina Auto Body schedules a February, 2015 occupancy of its new headquarters located at 630 Glasgow Ave. Thoughtful consideration was given to the LAX area relocation due to high real estate costs, zoning policies and the “virtual absence of quality industrial space in the Westside of Los Angeles,” Klabin officials said. Keeping on an industry trend, Marina Auto Body will continue to serve existing clients by converting its Westside location into a small retail site while assisting new clients with the same quality customer service and repairs in Inglewood.
Doug Marshall, SIOR, a principal in the Westside office of The Klabin Company, represented Marina Auto Body in the 10-year lease valued at $4.4 million. Jeffrey Smart and Sean O’Donnell of Colliers International represented Terreno Realty Corp., the property owner.
A leading auto body repair shop in Los Angeles, Marina Auto Body serves as an authorized collision repair center for Toyota and Scion of Marina del Rey, and is a direct repair facility for over a dozen major insurance companies.
Marina Auto Body’s new facility is a concrete tilt-up structure featuring 13 dock high loading spots, large secured yard, modern cargo facility, and close proximity to LAX, the San Diego (405) and 105 Freeways. The firm also has a facility in Huntington Beach.
About The Klabin Company/CORFAC International
Now 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 International
CORFAC 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. Founded in 1989, CORFAC International is celebrating its 25th anniversary in 2014. In association with FIABCI (the International Real Estate Federation) and global affiliates, CORFAC International offers commercial real estate services with market reach in 60 countries worldwide. Last year CORFAC firms completed more than 10,000 lease and sales transactions totaling approximately 368 million square feet of space valued in excess of $7.4 billion. For more information on the CORFAC network, contact (703) 532-6160 or visit www.corfac.com.