The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
May 21, 2024
 Search RENTV
 The REview
News Home Page
Southern California
Northern California
Pacific Northwest
Prop. Management
Press Releases
 R. E. Marketplace
Service Providers
Property Spotlight
 RENTV  Conferences
Subscriber Login:
Forgot Password?

Printer-friendly Version   Email an Associate
Palmdale Land Sites Totaling almost 28 Acres Purchased for $7.25 Mil


P&L Realty LLC acquired three undeveloped land sites totaling 22.75 acres in Palmdale for $7.25 mil. Located in Antelope Valley between 10th St West and Highway 14, the trio of properties are part of the Palmdale Trade and Commerce Center.

The buyer’s specific plans for the properties have yet to be announced, though the current zoning will allow for a mix of commercial, retail, industrial and public uses. The sites have all been graded and utility services installed.

Palmdale Trade & Commerce Center is ideally located within Palmdale’s prime business district including the Antelope Valley Mall, 2 msf of additional retail, Palmdale Regional Medical Center, Auto Mall, hotels, restaurants and a proposed Palmdale conference center. The properties also surround a local delivery station for a global e-commerce company.

Cushman & Wakefield’s Vincent Roche and Duane Keathley represented the buyer and the seller, SYCG-MGP Palmdale I LLC, in the transaction.

“This was a significant land acquisition of improved land in the best location in Antelope Valley,” commented Roche. “The sale represents market confidence in the Palmdale market and future industrial absorption. The three properties provide great accessibility including infrastructure access to the ports of Long Beach and Los Angeles.”

Return to the Archive page



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media