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December 15, 2018
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Trammell Crow Company and Clarion Partners Break Ground on Santa Clarita Industrial Park


Trammell Crow Company (TCC) and Clarion Partners have begun construction on The Center at Needham Ranch, a 54-acre, state-of-the-art industrial business park in Santa Clarita. The project is the first phase of a larger 132-acre, fully entitled site approved for up to 4.2 msf of Class A industrial space.

Phase 1 is expected to begin deliveries during the third quarter of 2018. A ceremonial groundbreaking event is being held on December 12 to be attended by public officials, the development team and other parties.

Phase 1 of The Center at Needham Ranch will comprise an 869k sf, seven-building Class A industrial park offering buildings ranging from 34.3k sf to-210k sf situated in a unique natural park-like setting amidst abundant open space. The state-of-the-art buildings will feature 30-to-36-foot interior clear heights with ESFR fire sprinklers, abundant dock high loading and large truck courts and yard areas with capacity for above standard parking.

TCC Senior Vice President John Balestra, commented, “In addition to being located minutes from the intersection of Interstate 5 and the 405 Freeway with access to over 5 million people within a 30-minute commute, there are so many advantages for companies to locate within the City of Santa Clarita, one of the best cities in all of Southern California in which to do business. The list of strategic advantages includes access to a highly skilled and educated workforce, substantial economic incentives, expedited permit processing and a highly responsive City staff focused on job creation and economic development.”

The Center at Needham Ranch is located at the southern entrance to the City of Santa Clarita within one mile of the intersection of I-5 and Hwy 14, 30 miles from Downtown Los Angeles and 15 miles from Burbank Airport. The project directly links to all areas within the San Fernando Valley and Greater Los Angeles County population centers and easily accessible from numerous major highways including the 5, 14, 405, 210, 118 and 126, in addition to Metrolink access via the Newhall Station in proximity.

Since 2001, TCC and Clarion Partners have partnered together on over 118 developments totaling more than 40 msf and $2.75 bil in investment.

CBRE’s Craig Peters and Doug Sonderegger are the leasing agents for the property. “This has been a 15-year journey, and this ground breaking is such a big milestone,” said Peters. “This project will deliver much-needed high-quality industrial space to the region. Interest in this site has been already extremely high, and we haven’t even started on the first building yet.”

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