Hitachi Takes Nearly 110,000 SF

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COMPTON, CA-Hitachi Automotive Products USA, a subsidiary of Hitachi America Ltd., has signed a $4-million lease for 109,690 sf in an industrial building that will expand its regional warehouse capacity, according to the Klabin Co. Todd Taugner of Klabin’s Torrance office reports that Hitachi has already occupied its new facility, which features extensive frontage on the Artesia Freeway (91) at 550 W. Artesia Blvd.

Hitachi will employ approximately 50 workers at the site, according to Taugner, who represented both Hitachi and the landlord along with Murray Smith and David Prior of the Klabin Co. With regional headquarters in Torrance, Hitachi Automotive Products’ new Compton facility raises its area capacity to more than 200,000 sf, Taugner notes.

The company’s new warehouse is a concrete tilt-up building with 24-foot minimum interior clearance, 20,000 sf of office space, 13 dock high positions and cross-dock loading design. Hitachi Automotive Products manufactures, remanufactures and markets a broad range of electrical and electronic automotive products for all major automotive original equipment manufacturers worldwide.

In another South Bay deal reported by Klabin, the Hacor Inc. subsidiary of Hanjin, one of Korea’s largest companies, has signed a 10-year, $2.2 million lease for a 30,572-sf industrial building adjacent to Los Angeles International Airport for expansion of its baking and warehouse operations. Luke Staubitz of Klabin reports that Hacor plans a second quarter 2006 occupancy of the building, which is at 5450 W. 102nd St. and will help to support Hacor’s nearby in-flight kitchen catering operations.

The Hacor facility is close to its main kitchen at 8506 Osage Ave., which the company acquired earlier in a deal brokered by the Klabin Co. Staubitz and Harvey Beesen of Klabin represented both Hacor and the building owners, two individual investors, in the lease.