Illumination Dynamics has inked a long-term, 67,639 square foot lease at Building 1 at The Center at Needham Ranch in Santa Clarita, Trammell Crow Company and Clarion Partners, LLC announced Wednesday.
Illumination Dynamics is an industry leader in providing lighting, grip, generators and power distribution services to the motion picture, live entertainment, sports broadcast and special events industries and a wholly owned subsidiary of ARRI Group, a global leader within the motion picture media industry and employing approximately 1,500 staff worldwide.
“We are excited about moving our corporate offices and operations to Santa Clarita,” Illumination Dynamics President Carly Barber said in a statement. “Our new state-of-the-art facility will allow us to continue to provide outstanding service to our customers with tremendous access throughout Southern California and beyond. The TCC and Clarion Team were great to work with and the city and SCVEDC were both critical in helping to make our vision a reality.”
Trammell Crow Company and Clarion are currently under construction with six buildings ranging from 67,639 to 212,236 square feet of Class A industrial space on a 52 net-acre Phase 1 site.
“We are pleased to welcome our first company to The Center at Needham Ranch and look forward to celebrating their future success and growth,” said John Balestra, principal with TCC’s SoCal – Los Angeles Business Unit.
“While we are building a premier business campus, a unique feature is this project is situated in a beautiful park-like setting with access to hundreds of acres of open space,” Balestra said. “This amenity, combined with premier industrial space, is truly a win for all tenants.”
CBRE’s Craig Peters and Doug Sonderegger represented the development team in the transaction. CBRE’s Greg Geraci represented to tenant.
“With the addition of Illumination Dynamics, The Center at Needham Ranch is proving the demand for attractive and highly functional buildings is strong,” Peters said. “We continue to see tremendous interest in this project from a wide range of companies including many in the entertainment industry.”
, commented, “We were so happy to assist Illumination Dynamics and help them understand the many benefits the area offers including a substantially lower cost of doing business,” said Holly Schroeder, president and CEO of the Santa Clarita Valley Economic Development Corporation. “They are exactly the type of company we want to see move here and further proof the Santa Clarita Valley is an ideal location for the entertainment industry.”
Located just one mile outside the northern boundary of the city of Los Angeles, The Center at Needham Ranch is part of a master-planned, 135-acre industrial development that provides immediate access to the San Fernando Valley and the greater Los Angeles region with more than five million people within a 30-minute commute.
Sitting at the southern entrance to the city of Santa Clarita, the development is ideally situated for “last mile” and regional distribution, studio and entertainment uses, manufacturing, research and development and corporate office uses.