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June 18, 2024
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LA North Studios Leases New 113k sf Facility in Valencia


LA North Studios inked a lease for 113.4k sf of space at the recently-constructed IAC Commerce Center in Valencia.

LA North Studios is a full-service film studio providing sound stages, studios and production services to major film companies including Walt Disney Pictures, Warner Bros., Showtime, Netflix, Paramount, HBO Max and Universal. The company will lease the entire Building 8, located at 29051 Avenue Valley View, which will be their fourth location in the Santa Clarita Valley.

The building completed construction at IAC Commerce Center in December 2021. It features include 30-foot clear height, 33 dock-high loading doors, two ground-level loading doors, ESFR sprinkler system, 156 parking spaces and approximately 1.7k sf of office space with expansion opportunity.

IAC Commerce Center is a brand new, 1 msf industrial development consisting of seven state-of-the-art buildings on 116 acres. The buildings range in size from 93.7k sf to 216.3k sf. Major tenants at the development include Amazon, Lowe’s, Happy Returns by PayPal, Accurate Freight Systems and Covercraft.

The IAC Commerce Center offers proximity to the 5, 210, 405, 101, 170, 118, 126 and 14 Freeways, providing easy access to numerous logistics and transportation hubs. The property is just over 60 miles from the Ports of Los Angeles and Long Beach, 27 miles from Hollywood Burbank Airport, 43 miles from Los Angeles International Airport and 37 miles from Downtown Los Angeles.

Newmark Vice Chairman John DeGrinis, SIOR, Executive Managing Director Patrick DuRoss, SIOR and Senior Managing Director Jeff Abraham, SIOR were the sole brokers on the transaction, representing both LA North Studios and the landlord, IAC Properties.

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