X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

LOS ANGELES-ProLogis Park Torrance has landed a new tenant, as Funai Corp. has inked a $2.5-million deal to relocate its headquarters and distribution operations from nearby Cerritos.

Funai, which sells and markets video recorders and related equipment, will occupy 75,248 sf at 19900 Van Ness Ave. The relocation will be finished by the end of this year.

The buildings that comprise ProLogis Park Torrance feature 260-ft common truck courts, cross-dock loading and fiber optic capability. The 1.1-million-sf complex stands next to the San Diego (405) Freeway.

The owner, Denver-based ProLogis, was represented by Todd Taugner of The Klabin Co.’s Torrance office, along with Brett Tremaine of Lee & Associates. Funai was represented by CB Richard Ellis.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 3 free articles* across the ALM subscription network every 30 days
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt. NET LEASE 2020Event

This conference brings together the industry's most influential & knowledgeable real estate executives from the net lease sector.

Get More Information
 

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.