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August 21, 2018
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Work Underway on 870k sf First Phase of Santa Clarita Biz Park

7/31/18

Vertical construction has started on Phase 1 of The Center at Needham Ranch, a 54-acre business park that is the first phase of a larger 132-acre, fully entitled site in Santa Clarita with approvals for up to 4.2 msf of industrial/commercial space. The project is being developed by Trammell Crow Company (TCC) and Clarion Partners LLC.

Phase 1 of The Center at Needham Ranch will be comprised of an 869.8k sf, seven-building Class A industrial park, offering buildings ranging from 34.3k sf to 209.6k sf in size. The initial buildings in Phase I are scheduled for occupancy in 1Q2019 and will feature state of the art Class A features including 30-to-36-foot interior clear heights with ESFR fire sprinklers, abundant dock high loading with large truck courts and yard areas, attractive architectural design featuring extensive use of glass and abundant vehicle parking with capacity for above standard parking counts.

The City of Santa Clarita and the master developer have set aside hundreds of acres of natural open space immediately adjacent to the project, with an extensive hiking trail network to be integrated into the project, creating a unique natural park like setting with densely landscaped open space.

The Center at Needham Ranch is located at the southern entrance to the City of Santa Clarita, along Sierra Hwy and Hwy 14, south of Newhall Ave and one mile from the intersection of I-5 and Hwy 14. The project location directly links to all areas within the San Fernando Valley and Greater Los Angeles County population centers and is easily accessible from numerous major highways including the 14, 5, 405, 210, 118 and 126. In addition, Metrolink access is available via the Newhall Metrolink Station in close proximity.

Michael Marrone, Vice President at Clarion Partners, stated, “The City of Santa Clarita is rated as one of the best places in the U.S. to live, work and play with a low cost of doing business and a high quality of life. It is the third largest city in Los Angeles County and has experienced significant growth since its incorporation in 1987. During this time, however, it has had negligible industrial development and the Center at Needham Ranch was envisioned by City leaders as a way to increase local employment opportunities for area residents to address the regional jobs/housing imbalance that contribute to growing traffic congestion.”

“We are delivering best-in-class, highly functional state-of-the-art industrial facilities with up to 36-foot interior clear height, coveted by media and entertainment, manufacturing, warehousing and logistics/last mile distribution space users,” said Craig Peters, Executive Vice President with CBRE. “We have already received a significant level of interest from potential occupiers well before commencing vertical construction, validation that the City of Santa Clarita offers a highly advantageous low-cost business environment and the project location immediately adjacent to the 14 freeway, minutes from the San Fernando Valley, provides a reverse commute advantage with a strategic location in close proximity to the population centers of the San Fernando and Antelope Valley’s and Greater Los Angeles market.”

The General Contractor is Oltman’s Construction Co, the architect is HPA Inc and the civil engineer is Alliance Land Planning & Engineering. CBRE’s Craig Peters and Doug Sonderegger are the leasing agents for the property.





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