TORRANCE, CALIF. — Stuart Klabin, the founder of The Klabin Co./CORFAC International, has passed away at age 90.
Klabin, who founded Torrance-based The Klabin Co. in 1961, was a pioneer in Los Angeles industrial real estate and enjoyed decades of success both as a broker and developer. Klabin was also the founder of the American Industrial Real Estate Association.
While Klabin was not involved with the day-to-day operations of the Klabin Co. for the past more than 20 years, he served as chairman emeritus until his passing. Over the past several years, Klabin maintained a connection to The Klabin Co. through the real estate assets he developed and owned in the greater Los Angeles region.
CORFAC International, formerly known as Corporate Facility Advisors, is a network for independently owned commercial real estate firms. CORFAC currently has over 75 offices worldwide.