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Thursday, Mar 28, 2024

Sinclair Printing Sells Palmdale Warehouse for $15 Million

Sinclair Printing has sold an industrial warehouse in Palmdale for $15 million. Greenlaw Partners acquired the 130,392-square-foot Antelope Valley property, located at 600 W. Technology Drive. Greenlaw has secured a tenant for the building. A previous story by the Business Journal identified the tenant as Amazon.com, Inc., which plans to establish a Delivery Services Partners center at the facility. Delivery Services Partners is a program which the e-commerce giant launched in 2018. It sees a logistics company partner lease Amazon-branded vans and hires its own drivers to deliver packages. Situated on 8.7 acres, the 1998-built asset features ample warehouse space, 15,000 square feet of office space, a conference room and overflow storage space. The structure features 28-foot clear heights, four dock-high loading doors and refrigeration. It was previously occupied by SST Technologies. Dennis Marciniak and Larry McEwan of Daum Commercial Real Estate Services brokered the property’s sale.

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.

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