Independent Studio Signs Lease in Santa Clarita Valley
CBRE announced an independent studio operator signed a new 166,359 square-foot lease at Rockefeller Crossing, an industrial complex in Valencia, CA owned by LBA Realty.
The space, located at 27420 Avenue Scott, features 30’ clear-height ceilings, easy highway access, dock-high doors, and it sits in proximity to a variety of amenities, including retail and food options.
“This is a prime location for a film studio within the TMZ and a great alternative to other, pricier destinations in LA County due to the City of Santa Clarita’s extreme film-friendliness,” said Craig Peters. “This particular operator has been very active and increasing its footprint in the area, following a general trend in this region in response to the tremendous demand from content creators.”
The entertainment industry has been a primary focus for both the City of Santa Clarita and local economic development team.
“We are excited to see more stages coming to the Santa Clarita Valley to provide homes to the many production companies searching for space in Southern California. We now have over 25 stages in our Valley which makes it one of the largest concentrations for the film and entertainment industry in Los Angeles County,” added Holly Schroeder, CEO of the Santa Clarita Valley Economic Development Corporation.
The Santa Clarita Valley is a thriving center for high-paying industry clusters such as advanced manufacturing, medical devices, aerospace and defense, information technology, and digital media and entertainment. The area is an established commercial market with more than 30 million square feet of industrial and office properties.
The Santa Clarita Valley Economic Development Corporation (SCVEDC) is a unique private / public partnership representing the united effort of regional industry and government leaders. The SCVEDC utilizes an integrated approach to attracting, retaining and expanding a diversity of businesses in the Santa Clarita Valley, especially those in key industry clusters, by offering competitive business services and other resources.