Trammell Crow Co. and Clarion Partners have teamed up to develop a new class-A mega industrial center in Santa Clarita, and it is embodies the new look of class-A industrial. The Center at Needham Ranch has up to 36-foot clear-heights, landscaping for a park-like atmosphere and expansive truck yards. The Project sits on 132 acres and is entitled for 4.2 million square feet of class-A industrial space. Already in mid construction, the project is scheduled for delivery in late 2018.

“The project is the first phase of a larger 132-acre, fully entitled site approved for up to 4.2 million square feet of space,” John Balestra, SVP at Trammell Crow Co., tells GlobeSt.com. “Work on Phase 1 is already underway  and expected to begin deliveries during the Q3 2018. Phase 1 of The Center at Needham Ranch will comprise of an 869,760-square-foot, 7-building Class A industrial park offering buildings ranging from 34,270-to-210,560 square feet, situated in a unique natural park-like setting with direct  access to abundant permanent open space.  The state-of-the-art buildings will feature 30-to-36-foot clear heights with ESFR fire sprinklers, abundant dock high loading and large truck courts and yard areas. Plans for Phase 2 are underway to include additional speculative industrial space and build-to-suit sites for industrial, office and research and development facilities up to 400,000 square feet.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

More from this author

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.