Trammell Crow, Clarion Partners Begin Construction of 54-Acre Business Park in Santa Clarita
SANTA CLARITA, CALIF. — Trammell Crow Co. and Clarion Partners have started vertical construction on the first phase of The Center at Needham Ranch. The 54-acre business park is the first phase of a larger, 132-acre, fully entitled site with approvals for up to 4.2 million square feet of industrial and commercial space.
Phase I of The Center at Needham Ranch will comprise an 869,760-square-foot, seven-building industrial park, offering Class A buildings ranging in size from 34,270 square feet to 209,559 square feet. Scheduled for occupancy in the first quarter of 2019, the first buildings of Phase I will feature 30-foot to 36-foot interior clear heights with ESFR fire sprinklers, abundant dock-high loading with large truck courts and yard areas, and abundant vehicle parking with capacity for above standard parking counts.
The project is located at the southern entrance of the city of Santa Clarita, along Sierra Highway and Highway 14, south of Newhall Avenue and one mile from the intersection of Interstate 5 and Highway 14.
The project team includes Oltman’s Construction Co., HPA Inc. and Alliance Land Planning & Engineering. CBRE’s Craig Peters and Doug Sonderegger are leasing agents for the property.