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Friday, Jul 1, 2022

Needham Ranch Begins Second Phase of Construction

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.”When completed, Building 10 will feature 36-foot minimum clear heights, 140-foot truck court depth with secure yard areas and 30 dock-high loading positions with a cross-dock configuration.Trammell Crow and Clarion also said that there is currently active interest in a pair of Phase I buildings: Building 3 (212,236 square feet) and Building 4 (187,859 square feet).The Center at Needham Ranch, located on Sierra Highway near the Newhall Pass, will soon offer nearly 2 million square feet of industrial space. Phase I will be comprised of 850,375 square feet and Phase II will total 1 million square feet upon completion.Individual buildings range in space from roughly 72,600 square feet to 500,000 square feet. High-profile tenants already leasing at the Center include Amazon.com Inc., Illumination Dynamics, DrinkPAK and LA North Studios.

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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