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Saturday, Jun 10, 2023

Who’s Brokering Los Angeles (June 25): Todd N. Taugner, SIOR

The Klabin Company

Frank Schulz III, SIOR (Managing Principal)

David A. Prior, SIOR (Senior Managing Principal)

The Klabin Company team made up of Todd Taugner, Frank Schulz, and David Prior have many success stories, including the recent announcement that one of the few remaining furniture manufacturing facilities in California will stay in the state, Virco Manufacturing, America’s leading maker and supplier of furniture and equipment for schools. The company signed a five-year lease extension for a 559,000 square foot industrial building in Torrance. Virco’s Torrance headquarters and distribution center is a concrete tilt-up structure featuring 50,000 square feet of office space, 28-feet minimum clear height, 35 dock high loading spots, and on-site parking for 500 vehicles. This is but one example – the team’s previous deal totals for the last 12 months include $232,333,440 of total consideration for a total of 5,255,709 square feet.

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