Construction on Phase II of Santa Clarita industrial park The Center at Needham Ranch has begun.
Developers and partners Trammell Crow Co. and Clarion Partners announced the groundbreaking on the 179,854-square-foot Building 10, which is perched on 12 acres at the 250-acre business campus. It has completion date for late 2021.
“We are pleased to start the next building at the Center,” said John Balestra, principal with Trammell Crow, in a statement. “Industrial occupier activity and interest in this project across the greater Los Angeles region is robust, with occupiers responding favorably to the operating advantages and efficiencies that our high-quality class A industrial space provides with very limited alternatives currently available.”
A joint venture between Trammell Crow Company, one of the nation’s largest commercial real estate developers and investors, and Clarion Partners has announced that construction on the next building at The Center at Needham Ranch has commenced.
Building 10 is situated on 12 gross acres and is scheduled for construction to be complete by year-end 2021. The building is located within the 250 gross-acre, state-of-the-art Class A business park in Santa Clarita, California and is one of the largest industrial business parks in the entire Western U.S.
The 179,854-square-foot Building 10 will be 36’ minimum clear height with 140’ minimum truck court depth and will include ESFR fire sprinklers and 30 dock-high loading positions with a cross-dock configuration to support high-throughput logistics operations. The project will also feature a fully secure yard area in addition to modern, attractive architectural design and above-standard parking optionality. Office space in Building 10 c