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COMPTON, CA-Principals of manufacturer FallTech have acquired a 51,675-sf building here for the company’s new headquarters in one of two recently closed industrial sales in Los Angeles County, and in Simi Valley, Kelly Aerospace has sold a fully leased 34,875-sf industrial property to an investment group.FallTech’s new building is at 1306 S. Alameda St. according to Matt Stringfellow and Courtney Bell in the Torrance office of the Klabin Co., who represented the buyers. The FallTech principals acquired the building via an entity called 1306 S. Alameda Street LLC.

The new FallTech facility is a class A warehouse and distribution facility that will represent a relocation and an expansion for the firm, which manufactures mechanical equipment and systems used in a number of industries to prevent falls and injuries to workers. Its product line includes roofers’ kits, lifelines, harnesses and other equipment used on the job to prevent falls.

FallTech paid nearly $6.9 million for its building, where it expects to relocate in December and employ about 70 workers. The company plans to add 4,300 sf of office space to the manufacturing and distribution building, which is located on approximately two acres of land. FallTech bought the building from Bixby Village Golf LLC, which was represented by James Min and Lary Carlton of Colliers International’s Torrance office. FallTech also operates facilities in Houston, Indianapolis and Charlotte, NC.

In the Simi Valley transaction, Turbo Properties LLC, a holding company owned by the principals of Kelly Aerospace, has sold a fully leased 34,875-sf industrial property at 2255-2267 Agate Court to Spar Investment Co., a real estate investor and developer based in Calabasas, CA, for $5.35 million. Kelly Aerospace was represented by Bram White, executive vice president of DAUM Commercial Real Estate Services, along with DAUM’s Stuart Scott. Grant Harris of Lee & Associates represented the buyer.

The property is composed of two adjacent industrial buildings located on separate contiguous land parcels. The buildings measuring 21,700 sf and 13,175 sf, are occupied by Turbonetics Holdings Inc., a designer, manufacturer and distributor of turbochargers for the automotive industry.

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