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REDONDO BEACH, CA-An investor has purchased a metals distribution facility here for $4.1 million, and an Irwindale medical supply distribution building has sold for $3.7 million, according to the Klabin Co. and Cushman & Wakefield. In the Redondo Beach transaction, Metro Commercial Real Estate of Newport Beach bought the 43,200-sf metals distribution facility at 2600 Marine Ave. from Transtar Metals, Jim Sullivan of Klabin’s L.A. office reports. Metro has leased the property to Ferguson Enterprises, one of the largest plumbing supply distributors in North America. The facility occupies three acres along the San Diego Freeway, notes Sullivan, who represented Metro Commercial. Sullivan and Klabin’s F. Ronald Rader represented Transtar, which plans to vacate the facilities this summer, when Ferguson will take over the building in a 10-year lease. Sullivan notes that the Redondo Beach building will be converted tofeature 9,000 sf of sales office and showroom space for Ferguson.In the Irwindale transaction, medical supply company AM PM Plastics Inc. has purchased an 80,060-sf industrial building at 16016 Montoya St. from Minneapolis-based BMC Industries. The Cushman & Wakefield team of John Minervini, Erik Larson, Robin Dodson and Tom Cherry brokered the sale of the concrete tilt up building, which was constructed in 1979. The building previously served as the West Coast operations for BMC subsidiary Vision-Ease Lens, which supplies corrective lenses to ophthalmic laboratories and retail eyewear chains throughout the world. Vision-Ease relocated in 2002 to the corporate headquarters in Minneapolis. AM PM Plastics Inc., which will occupy the building, was represented by David Brackmann of Ashwill Associates.

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