David Gilbert Of Clarion Partners And Jenny Johnson Of Franklin Templeton Acquire Industrial Facility In Santa Clarita

The industrial asset located at 26313 Golden Valley Road in Santa Clarita encompasses a total of 172,500 square feet. This facility is classified as Class A and is fully leased to DrinkPak. The property was acquired by Franklin Templeton and Clarion Partners through Clarion Partners Real Estate Income Fund Inc., though the pricing details were not disclosed.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Square Footage: 172,500 SF
• Address: 26313 Golden Valley Road
• Market: Santa Clarita
• Buyers: David Gilbert (Clarion Partners), Jenny Johnson (Franklin Templeton)
• Brokers: Jeff Chiate, Rick Ellison, Matt Leupold, Aubrie Monahan - Cushman & Wakefield

This transaction enhances Clarion Partners' presence in northern L.A. County while strengthening their relationship with the tenant, DrinkPak, amid a supply-constrained industrial market.