Dovetail Furniture & Designs Renews 90,650-SF Carson Industrial Lease in $7.18 Million Deal Brokered by The Klabin Company
The Klabin Company/CORFAC International has completed a $7.18 million lease renewal on behalf of Dovetail Furniture & Designs, Inc. at a 90,650-square-foot industrial facility at 16901-16905 Keegan Avenue in Carson, California, the firm announced Sept. 3, 2026.
The 66-month renewal was negotiated by Matt Stringfellow, SIOR, and Courtney Bell of The Klabin Company, who represented the tenant. The landlord, Alere Property Group, LLC, represented itself in the transaction.
Deal Details and Property Specifications
The concrete tilt-up building at 16901-16905 Keegan Avenue sits on approximately 207,346 square feet of land and includes roughly 3,537 square feet of office space. The facility features 18 dock-high loading positions, one ground-level door, 22-foot clear height, approximately 800 amps of power, and parking for 150 vehicles.
At $7.18 million over 66 months across 90,650 square feet, the deal implies an average rent of approximately $1.20 per square foot per month — a figure that falls modestly below recent South Bay and Carson asking averages, which have generally ranged from roughly $1.27 to $1.47 per square foot per month for larger industrial space heading into 2026. That spread reflects a market in which landlords are increasingly trading peak-cycle rents for term certainty and stable occupancy.
About Dovetail Furniture & Designs
Founded in 1992 by Charlie Shaw and Ted Einstein, Dovetail Furniture & Designs specializes in sourcing and distributing handmade furniture, accessories, and textiles from around the world. The South Bay-based company serves wholesale and design clients and has maintained warehouse and distribution operations in the region for decades. The Keegan Avenue facility supports those distribution operations, providing the loading capacity, yard configuration, and power infrastructure that the company's logistics require.
"Dovetail has built a substantial operation in the South Bay, and keeping this facility gives the company the continuity and infrastructure it needs to support that business for years to come," said Stringfellow. "For an established industrial user, replacing more than 90,000 square feet of functional space in this market can be both costly and operationally disruptive. This renewal created a strong outcome for both Dovetail and ownership."
South Bay Industrial Market Context
The transaction reflects a broader shift in the South Bay industrial market, where vacancy has risen from near-historic lows recorded in 2021 and 2022 — when availability in the submarket approached 1% — to a range of roughly 5.5% to 6.6% heading into 2026. Carson's industrial inventory totals approximately 36 million square feet, with availability running somewhat higher than vacancy due to sublease space and backfill listings. Average asking rents across the Los Angeles metro have declined modestly on a year-over-year basis, with South Bay figures moving from around $1.54 per square foot per month in late 2025 to approximately $1.47 per square foot per month in early 2026.
Against that backdrop, tenants with established operations and significant infrastructure in place are increasingly opting to renew rather than absorb the cost and disruption of relocation. The Carson location's proximity to the ports of Los Angeles and Long Beach, along with direct access to the 405, 110, and 91 freeways, continues to make the submarket a priority destination for warehousing, distribution, and manufacturing users.
Stringfellow noted that the deal illustrates a pattern playing out across the South Bay. "We are in a market where companies are being thoughtful about major real estate decisions, but quality industrial buildings with the right loading, yard configuration, power and location continue to be very important to users," he said. "For tenants with significant infrastructure and established operations, renewals can make tremendous strategic sense. Transactions like this demonstrate that there is still meaningful demand for well-located, functional industrial space throughout Carson and the greater South Bay."
About The Klabin Company
The Klabin Company/CORFAC International is a privately owned commercial real estate firm based in Los Angeles that has operated since 1961. The firm is affiliated with CORFAC International, a global network of privately held commercial real estate companies with 75 offices across the United States, Canada, and international markets. CORFAC offices collectively close an average of 10,000 lease and sales transactions annually, valued in excess of $9.0 billion.