Aerospace Firm to Move HQ to 123K SF Plant in Carson

Aerospace manufacturing just got a new lift in the South Bay, with Trio Manufacturing tripling the size of its plant.

The aerospace firm based in El Segundo will move its headquarters and manufacturing plant to a 123,200-square-foot industrial building at 17006 South Figueroa Street in Carson, Commercial Observer reported.

The 10-and-a-half-year lease from the Los Angeles-based Cypress Land Company is valued at nearly $20 million.

Klabin Company assisted both parties in the deal, with brokers Courtney Bell representing Cypress Land and Matt Stringfellow, Max Farkas and Zach Middleton representing Trio.

The light industrial building is spread out across 5 acres east of the 110 Freeway and north of the 91 Freeway, near the Harbor Gateway Transit Center. The property, which contains 3,200 square feet of offices, just underwent a $500,000 renovation providing new landscaping, paint, iron fencing, gates and windows.

Trio expects to move from its 40,100-square-foot hub at 601 Lairport Street in El Segundo to its new headquarters and plant in Carson this summer, according to Klabin.

“This transaction is a significant addition to the L.A.-South Bay Aerospace industrial market user base for a number of reasons,” Bell of Klabin said in a statement to CO.

“In a market where 100,000-square-foot-plus distribution buildings are a dime a dozen, this facility is a throwback to the days when the South Bay was synonymous with high-skilled manufacturing.”

Industrial vacancy in the South Bay rose to nearly 5 percent in the fourth quarter, from well below 1 percent in prior years, according to CBRE.

A year ago, Illinois-based CedarPoint Properties paid nearly $200 million for a four-building portfolio in Compton, according to CO.

Late last year, Total Safety U.S. inked a 52,000-square-foot industrial lease in Harbor City, doubling its square footage from its previous home in Rancho Dominguez.

— Dana Bartholomew