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Klabin Negotiates Deal for Truck and Container Yard Near Port of LA
The Klabin Company/CORFAC International negotiated the sale of a 38,038-square-foot truck and container yard at 336 E. D St. in Wilmington near the Port of Los Angeles. Tyler Rollema, SIOR, and Matt Stringfellow, SIOR, represented both the seller, the Lacy Family Trust, and the buyer, Bridge Logistics Properties, in the $6.55-million transaction.
“The property at 336 E. D St. is a turn-key container yard with a financially secure tenant and also has significant market-to-market upside when the existing lease expires this November,” said Rollema. “We look forward to working with the BLP team this fall on securing a new long-term lease for its asset.”
The site, including a 5,500-square-foot warehouse/office building, is leased to Road One, a leading single source intermodal, warehouse and logistics services company. The port-adjacent property features three ground-level doors, almost 18’ of clear height and a secured, paved yard.
- ◦Sale/Acquisition
