August 21, 2017 Comments Off on Trammell Crow, Clarion Acquire Land for Industrial Park Views: 960 California News, Los Angeles

Trammell Crow, Clarion Acquire Land for Industrial Park

Trammell Crow Company (TCC) and Clarion Partners acquired 54 acres for the development of The Center at Needham Ranch, a state-of-the-art business park in Santa Clarita, CA. The project is the first phase of a larger 132-acre, fully-entitled site approved for up to 4.2 million square feet of Class A industrial space.

Scheduled to break ground later this month, deliveries are expected to begin in Q3 2018. Phase 1 will comprise an 869,760-square-foot, seven-building, Class A industrial park offering buildings ranging from 34,270 to 210,560 square feet.

The site is situated in a unique natural park-like setting, amidst abundant open space at the southern entrance to Santa Clarita near the Interstate 5 and Highway 14 interchange, roughly 30 miles from DTLA.

CBRE’s Craig Peters and Doug Sonderegger are handling the leasing.

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