header image

[Sign Up Now] to Receive Our FREE Daily SCVTV-SCVNews Digest by E-Mail

Inside
Weather


 
Calendar
Today in
S.C.V. History
March 26
1821 - SCV (with the rest of Alta Calif.) becomes territory of Mexico during war for Mexican independence from Spain [story]
map


CBRE announces that construction has commenced on the Santa Clarita Commerce Center, a leading-edge industrial business park within the City of Santa Clarita. Developer, Covington Group, Inc., a privately held, Dallas based real estate development and investment company, named CBRE as the exclusive leasing and marketing agent for the project which broke ground on May 30.

CBRE’s Craig Peters is representing the developer in leasing and marketing the project.

The Santa Clarita Commerce Center will be comprised of four Class A industrial buildings totaling 430,407 square feet situated on 22.3 acres in a campus-like setting. Construction is scheduled to be completed in March/April 2025.

The Santa Clarita Valley submarket currently has no vacant newly built Class A industrial space and is home to many industries with expanding footprints including aerospace, artificial intelligence, manufacturing and entertainment. This project will provide much needed space for the extraordinary growth occurring in the Santa Clarita Valley.

The state-of-the-art and architecturally striking buildings to be constructed along Springbrook Avenue will include buildings of 40,110, 49,308, 78,467 and 262,522 square feet and will showcase premier features such as heavy power, clear heights of 32’ to 36’, ESFR fire sprinklers, abundant truck high loading with large truck courts and customizable office space.

The milestone was marked with an official groundbreaking ceremony hosted by Covington Group, Inc. Peters commenced the event’s speaker program with an overview of the new development. The event included remarks from elected officials and representatives from both city and state.

Jason Gibbs, councilmember for city of Santa Clarita, discussed the importance of new industrial space to attract businesses and Jey Wagner, President of the Santa Clarita Valley Economic Development Corporation, expressed the fit of these buildings for key industries such as entertainment, e-commerce and aerospace/defense.

Dana Whitmer, Chief Development Officer of Covington Group, closed the program expressing Covington Group’s excitement for the new project and appreciation for the cooperation from the city.

The site enjoys a strategic location within the city of Santa Clarita, one of the most business-friendly cities in Southern California and surrounded by a well-educated workforce and many amenities. The location provides excellent access to key destinations throughout the greater Los Angeles area, including Downtown, LAX and Burbank Airports and the ports of Los Angeles and Long Beach.

“We are pleased to begin construction on this new state-of-the art business park which will be a home to hundreds of jobs and have a significant economic impact on the city,” said Peters. “The city of Santa Clarita is a great place to do business and we look forward to this project’s positive impact in the community.”

CBRE Group, Inc., a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2023 revenue). The company has more than 130,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. Please visit the website at www.cbre.com.

Covington Group, with offices in Dallas and Newport Beach, Calif., is a privately owned, fully integrated real estate company specializing in the new construction and repositioning of industrial assets nationwide. Covington owns and manages 8.5 million square feet in various markets around the country, has constructed or redeveloped over 35 million square feet of commercial and industrial property and has developed over 10,000 acres of land in its 40-year history. Please visit the website at www.covingtongroupinc.com.

Property_SourceOnlinePhotography.Com-53

Comment On This Story
COMMENT POLICY: We welcome comments from individuals and businesses. All comments are moderated. Comments are subject to rejection if they are vulgar, combative, or in poor taste.
REAL NAMES ONLY: All posters must use their real individual or business name. This applies equally to Twitter account holders who use a nickname.

0 Comments

You can be the first one to leave a comment.

Leave a Comment


Latest Additions to SCVNews.com
1821 - SCV (with the rest of Alta Calif.) becomes territory of Mexico during war for Mexican independence from Spain [story]
map
State Superintendent of Public Instruction Tony Thurmond has announced that 336 elementary schools have been selected for the prestigious 2025 California Distinguished Schools Program. Ten schools in the Santa Clarita Valley were chosen for the honor.
Ten SCV Schools Earn 2025 California Distinguished Schools Honors
The city of Santa Clarita is inviting artists to submit artwork for consideration for the upcoming “Childhood Memories” juried exhibition, which will be on view at the Newhall Community Center.
Deadline April 8: Call for Artists, ‘Childhood Memories’ Exhibit
The GO Jazz Big Band: Basie, the Beatles and Beyond will perform Friday, April 4, 8-10 p.m., at The MAIN in Old Town Newhall.
April 4: GO Jazz Big Band: Basie, the Beatles & Beyond
The Los Angeles County Sheriff's Department has released information about the housing of sexually violent predator Christopher Hubbart in housing in Pearblossom, in the Antelope Valley.
Sexually Violent Predator Placed in Pearblossom Housing
The Santa Clarita Valley Sheriff’s Station is investigating incidents involving a suspect filming females inside the restrooms at College of the Canyons located on the college's Valencia campus.
SCV Sheriff’s Station Seeks Info on COC Invasion of Privacy Suspect
College of the Canyons played to a 10-4 conference victory at Glendale College on Thursday, March 20 to snap a five-game skid, with Jeniece Jimenez and Avery Alvarez both blasting home runs in the decisive victory.
Canyons Softball Gets 10-4 Conference Win at Glendale
College of the Canyons men's golf won a second straight conference event, its fifth of the season, while seeing all six players finish in the top 15 of the field's individual standings during a productive day at Crystalaire Country Club on Monday, March 17.
Cougars Win Again, Continue Hold on Top Spot
The newly released Cal Fire 2025 Recommended Fire Hazard Severity Zone maps show the Santa Clarita Valley has increased in areas deemed to be Very High Fire Hazard Severity Zones.
Cal Fire Releases 2025 Fire Hazard Zone Maps for Santa Clarita Valley
The Santa Clarita Valley Spring 2025 Job Fair will be held Friday, April 25, 10 a.m.-2 p.m. at College of the Canyons. The event is free and open to the public.
April 25: SCV Spring 2025 Job Fair at COC
The Santa Clarita Valley Chamber of Commerce Non-Profit Council will host an in-depth discussion on best practices, proven strategies and real success stories in volunteer engagement and management on Wednesday, April 23, 9-10:30 a.m.
April 23: Non-profit Council Meets on Volunteer Engagement
The California Department of Public Health has released its annual report on vaccination rates for California students. The 2023-2024 CDPH Kindergarten Immunization Assessment report shows that California immunization rates for kindergarten students remain higher than the national average.
California Kindergarten Immunization Rates Remain High
1889 - Castaic School District established [story]
Castaic siding
The MAIN will host "Songs from the Saddle" during the Santa Clarita Cowboy Festival, 1:30 p.m. Sunday, April 13, a foot-stompin’, heartstring-pullin’ celebration of the West in song and verse.
April 13: ‘Songs From the Saddle’ at the MAIN
Our Community Salutes of Santa Clarita and the Kiwanis Club of Santa Clarita will host an enlistee recognition ceremony at 2 p.m. Saturday, May 17 at Golden Valley High School Theater, to honor the 2025 high school seniors and families who will serve in the U.S. armed services.
May 17: Our Community Salutes, Kiwanis Club to Host Enlistee Recognition Ceremony
The MAIN and Dig Deep Theatre will present the theatrical production "This is Our Youth," weekends beginning Friday, April 18-27 at The MAIN, 24266 Main St., Newhall, CA 91321.
The MAIN, Dig Deep Theatre Present ‘This is Our Youth’
More than 60 Double-crested Cormorant eggs and chicks were rescued from a failing tree in Marina del Rey and are now receiving intensive care at the nonprofit International Bird Rescue’s Los Angeles Wildlife Center, thanks to a coordinated effort between the Los Angeles County Department of Beaches and Harbors and Bird Rescue.
Cormorant Chicks Rescued by L.A. County DBH, Bird Rescue
The city of Santa Clarita has announced the release of the fourth episode of Santa Clarita Voices, the city’s official podcast that highlights the stories, experiences and conversations from city leaders, businesses and organizations.
Santa Clarita Voices Episode Four Released
The Master's University track and field squads competed in two weekend meets, at the UCLA Bob Larsen Classic on Friday, March 21, and at the Westmont Collegiate Classic on Saturday, March 22.
Two Times the Fun for TMU Track
The Master's University men's volleyball team welcomed the NCAA Division III Hobart College Statesmen for the first time on Bross Court in The MacArthur Center, getting a three-set win in the process on Friday, March 21.
TMU Gets Non-Conference Win Over Hobart
The Master's University baseball team made the road trip to Prescott, Ariz. to play a doubleheader against Embry-Riddle Aeronautical University, taking a 12-2 loss and a 14-6 win Friday afternoon, March 21.
Mustangs Split Doubleheader Against Eagles
Logix Federal Credit Union partnered with the Federal Home Loan Bank of San Francisco to support local relief and recovery efforts in response to the devastating wildfires in Southern California.
Logix, FHLBank Match Donations to Support SoCal Wildfire Relief
Spring is fast approaching and the moment we’ve all been waiting for is right around the corner.
Ken Striplin | Step Back in Time to the Wild West at the Santa Clarita Cowboy Festival
SCVNews.com