The Center at Needham Ranch (CANR), a 1.7-million-square-foot industrial park in Santa Clarita developed by Trammell Crow Company and Clarion Partners, is fully leased ahead of delivery, with construction set to complete by year-end 2023. Beverage manufacturer DrinkPAK has leased the final two buildings, bringing its total footprint at CANR to 965,000 square feet, and joining other tenants including L.A. North Studios, Illumination Dynamics, and a confidential e-commerce client.

Summary of transaction details

• Property Type: Industrial
• Asking Rent: $30/ft.
• Square Footage: 193,324
• Date: 05/01/2023
• Address: NE of Needham Ranch Pkwy & Sierra Hwy
• Market: Santa Clarita

The landlord for this property is Trammell Crow Company represented by John Balestra and Clarion Partners represented by Charlie Menne. The tenant, DrinkPAK, is represented by Patrick DuRoss, John DeGrinis, and Jeff Abraham from Newmark. On the other hand, Craig Peters, Cameron Merrill, and Doug Sonderegger from CBRE represent the landlord.