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Thursday, Jun 8, 2023

Glove Maker Austin Pang Pays $13.4M for New Building in Industry

Hong Kong-based Austin Pang Gloves Manufacturing Corp. has purchased a newly-constructed, 72,000-square-foot building at 17343 Freedom Way in the City of Industry for $13.4 million or about $185 per square foot.

Austin Pang plans on moving its U.S. headquarters to the site from its current location in Santa Fe Springs, according to Jeffrey Hubbard, a senior vice president at Lee & Associates, who represented the company in the transaction.

Tony Phu of Colliers International and Stu Milligan of Cushman & Wakefield represented the seller, CT Realty of Newport Beach.

Austin Pang, which manufactures gloves and personal protective equipment, does business in the U.S. as Johnson Wilshire Inc.

Real estate reporter Ciaran McEvoy can be reached at cmcevoy@labusinessjournal.com or (323) 556-8337.

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