85°C BAKERY CAFE CONTINUES MAJOR EXPANSION WITH LONG-TERM LEASE OF INDUSTRIAL BUILDING IN BUENA PARK

The Klabin Company represents the popular and fast-growing bakery brand in 10-year lease for 66,510 square feet valued at more than $11 million.

(September 23, 2021 – TORRANCE, CALIF.) – The Klabin Company/CORFAC International today announced it negotiated a lease on behalf of 85°C Bakery Cafe for an industrial building at 7101 Cate Avenue in Buena Park, Calif. The transaction is part of a major expansion for the popular and fast-growing 85°C Bakery Cafe which has more than 1,000 locations worldwide.

The Klabin Company’s Zach Middleton, Max Farkas and Todd Taugner, SIOR, represented 85°C in the 10-year lease transaction for 66,510 square feet of space valued at more than $11 million. The Landlord, Oltmans Construction Company, was represented by Kevin Romano and Joe Maiolo of INCO Commercial Brokerage. Randall Dawson of CCP Real Estate Advisors referred 85°C to The Klabin Company and played an integral role in finalizing the transaction.

Founded in Taiwan in 2003 by Mr. Cheng-Hsueh Wu, 85°C is a cafe that provides premium coffee, bread, and cake at affordable prices. In 2008, the first U.S. store opened in Irvine, Calif. The location became an overnight sensation, with lines out the door. Featured by TIME, CNN, NPR and Travel Channel, 85°C Bakery Cafe has become a culinary phenomenon based on the new cafe experience it offers. The name 85ºC comes from the idea that the perfect brewing temperature for espresso coffee is 85º Celsius. The name symbolizes its devotion to provide coffee of the highest quality to every guest.

At every 85°C Bakery Cafe location, each cup of coffee is individually brewed with Guatemalan coffee beans for a smooth, rich taste. All drinks are handcrafted and made to order. Each store features an in-shop bakery with more than 50 varieties of pastries baked fresh hourly.

85°C will use the industrial facility in Buena Park as extension of its main bakery and distribution center in nearby Brea. It will build out approximately 2,000 square feet of coolers and 12,000 square feet of freezers.

“It’s been a privilege working the team at 85°C on this transaction,” said Middleton. “It is an incredibly well-run business and thoughtful in every strategic decision it makes. The building at 7101 Cate Avenue is ideally located and will allow 85°C the ability to continue its growth in Southern California in an efficient manner. The expansive truck court, 24’ clear height, eight dock-high positions and excellent freeway access are some of the features that 85°C was attracted to in selecting the property for its operations.”

About The Klabin Company/CORFAC International

Celebrating its 60th Anniversary in 2021, The Klabin Company/CORFAC International is ranked among the top commercial real estate companies based in Los Angeles. Built on the principles of an open and enduring culture, the company has maintained its independence as a privately-owned business for decades. The Klabin Company emphasizes how the sharing of information, experiences, and relationships with all its colleagues works to everyone’s advantage. The firm is dedicated to the needs of its clients, and through this commitment, it has remained successful for years. The Klabin Company is affiliated with CORFAC International. For more information go to www.Klabin.com.  

About CORFAC International

CORFAC International is a global network comprising private held entrepreneurial commercial real estate firms with expertise in office, industrial and retail brokerage, tenant and landlord representation, investment sales, multifamily, self-storage, acquisitions and dispositions, property management and corporate services. Founded in 1989, CORFAC has 75 offices in the U.S., Canada, and international markets, including Australia, France, Germany, Ireland, Italy, Japan, Malaysia, Mexico, Netherlands, Romania, Russia, Singapore, South Korea, Switzerland, Thailand, and United Kingdom. CORFAC offices close an average of 10,000 lease and sales transactions valued in excess of $9.0 billion annually, totaling 500 million square feet closed and 65 million square feet managed worldwide. Contact Jonathan Salk, CORFAC Executive Director, at (224) 257-4400 or jonathan@corfac.com or visit www.corfac.com.

The Klabin Company’s, Zach Middleton, Max Farkas and Todd Taugner, SIOR represent Lessee, 85°C Bakery Cafe in long-term lease for an industrial building in Buena Park, CA.