PRINCIPALS OF LEADING FALL ARREST FIRM FALLTECH ACQUIRE
COMPTON, CA FACILITY FOR NEARLY $7 MILLION IN EXPANSION


PRINCIPALS OF LEADING FALL ARREST FIRM FALLTECH ACQUIRE
COMPTON, CA FACILITY FOR NEARLY $7 MILLION FOR EXPANSION

COMPTON, CA – Principals of FallTech, a full-line domestic manufacturer of personal fall arrest products, have paid $6.89 million for a 51,675 square foot “Class A” warehouse/distribution facility in Compton, CA for relocation and expansion of its headquarters and production facility within that community, announces The Klabin Company, a member of CORFAC International.
The Klabin Company officials report that 1306 S. Alameda Street, LLC acquired the building located on approximately two acres of land at 1306 S. Alameda St., Compton. FallTech schedules a December, 2008 occupancy following building improvements including the addition of 4,300 square feet of office space. Approximately 70 people will be employed at the site.
Matt Stringfellow and Courtney Bell in The Klabin Company’s Torrance office represented the buyers. James Min and Lary Carlton of Colliers Internationals’ Torrance office represented Bixby Village Golf, LLC, the seller.
The new headquarters for FallTech is a state-of-the-art concrete tilt-up structure featuring 10 dock high loading positions, two ground level doors, a 146-foot truck court, 24-foot minimum warehouse clear height, and 69 on-site parking spaces.
FallTech also operates facilities in Houston, TX, Indianapolis, IN and Charlotte, NC. Among FallTech’s line of precision engineered products are harnesses, mechanicals, anchors, lifelines and grabs, lanyards, roofer’s kits, connectors and combos.
About The Klabin Company


Now in its fifth decade, The Klabin Company is ranked among the top 20 commercial real estate companies based in Los Angeles. The firm has offices in Los Angeles and Torrance, and is affiliated with CORFAC International. For more information go to www.klabin.com.
CORFAC International is one of the largest commercial real estate services organizations in the world. CORFAC is comprised of privately-held entrepreneurial firms serving more than 150 markets in The Americas and internationally through its KingSturge CORFAC International alliance. Last year, CORFAC firms completed 9594 commercial real estate transactions, encompassing 340 million square feet and valued at $30 billion. For more information on CORFAC visit www.corfac.com.