Veteran Denim Production Firm Leases 52,250 SF Industrial Building in South Bay, Klabin Co./CORFAC Reports
Los Angeles, CA (August 19, 2014) – New Crew Production Corp., a denim production company, has signed a long-term lease for a 52,250 square foot industrial building in the South Bay area of Los Angeles for consolidation and relocation of its facilities, announces The Klabin Company/CORFAC International.
Klabin Co. officials report that New Crew Production schedules a September occupancy of its new building located at 200 W. 138th St. The property consolidates two production and one warehouse facility located in central Los Angeles. Approximately 110 people are expected to be employed at the new site.
Courtney Bell and Matt Stringfellow of the Klabin Co. in Torrance represented Kats Family, LLC, the landlord. Dan Weil of Colliers International, Torrance, represented the tenant. Consideration for the five-year lease was $1.5 million.
In business for more than 20 years, New Crew Production serves the outsourcing needs of the denim manufacturing community, from pre-production to finishing.
New Crew Production’s new facility is a brick and concrete block structure featuring dock high and ground level loading, 3,620 square feet of office space, and parking for 102 cars.
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.