Last week the IAC Commerce Center celebrated the initial raising of the walls in the third and final phase of development. The 7th building is a 113,400 square foot Class A industrial facility. The construction is expected to be substantially completed by the end of this year, and ready for use in Q1 of 2022. Prospective tenants would join current residents Amazon, Bay Center Foods, Happy Returns, and more.
How well do you know the businesses in the Santa Clarita Valley?
Most residents don’t realize that SCV is home to a broad range of companies across major industry sectors including Aerospace & Defense, Advanced Manufacturing, Biotech & Medical Devices, Digital Media & Entertainment, and Information Technology. The Santa Clarita Valley is also one of the few places in LA County that is seeing increasing population growth, with numerous ongoing residential, commercial, and industrial projects.
Over the past several years I have been interviewing many of the leaders of these innovative companies for our podcast series “SCV Means Business”. I am inspired by their commitment and dedication to their employees, as well as our community.
DrinkPAK Brings 275 Jobs to the SCV Over the Next Four Years
SCVEDC's recent case study about DrinkPAK provides a look at the company's objectives and space needs. The case study illustrates their reasoning behind the decision to relocate to the Santa Clarita Valley and the company’s further expansion. DrinkPAK, the premier West Coast alcoholic and non-alcoholic beverage manufacturer, currently occupies 572,419 SF at the Center at Needham Ranch Industrial Park. Through its high efficiency production lines, this location houses procurement support, complex batching and processing, filling, packaging, and on-site storage and distribution.
DrinkPAK Now Occupies More Than 572,000 Square Feet in Needham Ranch
Six months after signing its first lease in the Center at Needham Ranch (CANR) industrial park, DrinkPAK, the premier West Coast alcoholic and non-alcoholic beverage manufacturer, is already expanding its footprint in Santa Clarita, California.
Currently, DrinkPAK leases 172,324-square-foot at (CANR) and just this week signed two more leases for an additional 400,095-square-feet, bringing their total space occupied to 572,419-square-feet. This location will house the company’s procurement support, complex batching and processing, filling, packaging, and on-site storage and distribution.
Keeping Your LA County Project On Track Through LA County Connect
One of the primary keys to a Commercial Development project is staying on track and maintaining the proposed schedule. This can be challenging when navigating the many agencies and departments in Los Angeles County. Now through LA County Connect, Santa Clarita developers and design professionals can receive expert advice and guidance – tailored specifically for Commercial Development projects in Plan Review. Developers can preview plans, discuss process and timing, and get the answers needed from LA County departments in a timely manner!
Industrial Market in SCV Never Missed a Beat
While the COVID-19 crisis initially gave many companies pause for good reason, 2020 was an exceptionally good year for industrial real estate across the board, the Santa Clarita Valley included. In 2020, the SCVEDC was pleased to announce that several new companies chose to locate in the Santa Clarita Valley including two Amazon fulfillment centers, DrinkPAK, a beverage manufacturer, and a state-of-the-art medical testing lab. Several SCV companies expanded as well, including P3 Inc., LA North Studios, Lief Labs, 24/7 Events and Mellady Direct Marketing.
SetPoint biomedical technology company has signed a long-term lease for more than 14,000 square feet at a research and medical park in Santa Clarita, according to L.A. based-CBRE Group Inc.
Alfred E. Mann, after whom the Mann Biomedical Park in Santa Clarita Valley was named, died on February 25 at the age of 90. As an inventor, entrepreneur, investor, and philanthropist with a track record of prolific successes, he left a lasting legacy after creating 17 companies over the course of seven decades, amassing a personal fortune valued at more than $2 billion in 2007.
The Mann Biomedical Park on Rye Canyon Road has been sold to Santa Clarita contractor Dale Donohoe of Intertex Companies, Donohoe confirmed Wednesday.
