52,426-SQUARE-FOOT INDUSTRIAL FACILITY SELLS FOR $4.5 MILLION

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LOS ANGELES — Dovetail Furniture Inc. has purchased a 52,426-square-foot industrial building, which is located at 14000 S. Figueroa St. in Los Angeles, for a consideration of more than $4.5 million. The company plans to use the facility to house its corporate offices, warehouse and showroom. Kai Chon of Charles Dunn Company, a partner of GVA Worldwide, represented the buyer in the acquisition; The Klabin Company represented the seller, Glabman Furniture Inc., in the transaction.

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