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Panattoni Divests Industrial Asset to Oil Products Firm

Newport Beach, CA-based Panattoni Development Company, Inc. sold a recently-completed industrial building in unincorporated Los Angeles County to Global Agri-Trade Corporation for an undisclosed amount. The 62,482-square-foot asset is located on 2.8 acres at 15500 S. Avalon Blvd.

Global Agri-Trade Corp. will relocate its warehouse and office space from La Mirada and Long Beach to the single location. The new location will provide greater overall efficiencies by consolidating operations and corporate uses. The international firm is a leading importer and distributor of certified sustainable, packaged, non-GMO oils for food manufacturing, palm oil products for animal nutrition, and coconut oils.

Newmark Grubb Knight Frank’s Christopher Beck and Ryan Harding represented Global Agri-Trade Corp. in the purchase. Panattoni represented itself.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

  • ◦Sale/Acquisition
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