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...

A joint venture between Trammell Crow Company, a global real estate developer and leading real estate investment manager Clarion Partners, announced that its award-winning 1.7-million-square-foot industrial park in Santa Clarita, The Center at Needham Ranch, is fully leased ahead of delivery. DrinkPAK,...

CBRE announced a 70,550 square-foot industrial lease in Valencia to LA North Studios, an independent full-service film and television studio founded in 2019 by Anthony Syracuse and John Prabhu. The building, located at 28525 Witherspoon Parkway, is built on roughly 5.4 acres and features 28-foot minimum...

CBRE announced Minnesota-based Pelican BioThermal LLC, a manufacturer of temperature controlled, thermally-protected packaging, signed a 54,060 square-foot industrial lease in Valencia. CBRE’s Craig Peters represented the landlord in the transaction. CBRE’s Ryan Foley represented Pelican. Pelican...

CBRE announced the sale of a state-of-the-art 24,164 square-foot industrial facility to Tera McHugh and John McHugh, owners of Versatile Systems, Inc. The property, located at 28258 Avenue Stanford, sits within the Valencia Industrial Center on one of the few freeway-fronting industrial lots in Valencia....

CBRE announced the sale of Sierra Crest Center, a neighborhood retail and office center in Santa Clarita, to a joint venture group for $9.9 million. CBRE’s Alex Kozakov, Patrick Wade and Matt Greenberg represented the buyer in the transaction. Located at 27125 Sierra Highway, the two-story, 66,782...

Construction has commenced at the new two-story Orchard Medical Center on Orchard Village Road in Valencia, CBRE announced. The project, which tilted walls in early September, is expected to be completed in March 2020. CBRE’s Craig Peters and Sam Glendon are the leasing and sales agents for the project. This...

The walls have been tilted up for Tourney Place Building 6, a 45,675 square-foot, three-story medical office building now under construction in Valencia. Announced by developer CBRE, this latest addition is part of the larger Tourney Plaza III, LLC project, comprised of 156,000 square feet of space in...

An independent studio operator recently signed a new 166,359 square-foot lease at Rockefeller Crossing, an industrial building in Valencia owned and operated by LBA Logistics. CBRE’s Craig Peters and Sam Glendon represented the tenant and the landlord in the transaction. The structure at 27420 Avenue...

For decades, Newhall Ranch has made a name for itself. It’s the master-planned development that promises to be an economic driver for the region with thousands of homes, jobs and more. On Thursday, developers revealed their new name for the project, which harkens back to their last success in the...