CHINO, CALIF. — Voit Real Estate Services has assisted a global import company in its relocation to a 100,362-square-foot industrial distribution facility. The Sam Pievac Company, which manufactures and distributes retail displays and fixtures, purchased the facility for $6.5 million from Bridgestone Bandag, LLC. The property will replace the 63,000-square-foot facility the company had previously occupied in Santa Fe Springs, CA, and will serve as Sam Pievac’s U.S. distribution center. The company also owns and operates a 500,000 square-foot manufacturing plant in Xiamen, China.
Dan Vittone and Alan Pekarcik from Voit’s Irvine office represented the Sam Pievac Company. Lee and Associates represented Bridgestone Bandag. Vittone noted that Sam Pievac’s resulting debt service for the Inland Empire-based building is less than the rent it was paying for the Santa Fe Springs facility, despite the fact that the new building is 40 percent larger.