Construction on The Center at Needham Ranch has continued as developers announced recently that construction on the next building in Phase 2 has commenced.
“We are pleased to start the next building at The Center,” John Balestra, principal with Trammell Crow Company’s SoCal — Los Angeles Business Unit, said in a prepared statement. “Industrial occupier activity and interest in this project across the greater Los Angeles region is robust, with occupiers responding favorably to the operating advantages and efficiencies that our high-quality Class A industrial space provides with very limited alternatives currently available today.”
Building 10 is situated on 12 acres, which lies within the 250-acre Class A business park, and is scheduled for construction to be complete by year-end 2021, according to partnering developers TCC and Clarion Partners, LLC.
The 179,854-square-foot building is expected to feature minimum clear heights of 36 feet, a minimum 140-foot truck court depth with secure yard areas, ESFR fire sprinklers and 30 dock-high loading positions with a cross-dock configuration.
“We continue to experience very strong activity for our remaining state-of-the-art, Class A industrial space,” Nicole Welch, senior vice president with Clarion Partners, said in the statement. “With active interest in the remaining two buildings in Phase 1 – which includes the 212,236-square-foot Building 3 and 187,859-square-foot Building 4 – we are excited to be starting the next building in response to strong occupier interest.”
At full buildout, The Center at Needham Ranch, located on Sierra Highway near the Newhall Pass, is set to include approximately 1.9 million square feet of Class A industrial space, with Phase 1 comprising 850,375 square feet and an additional 1 million square feet set to be delivered as part of Phase 2.
Building offerings are expected to range from approximately 72,636 square feet to up to 500,000 square feet.