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Amazon Claims Space at IAC Commerce Center in Valencia
IAC Properties signed a 155,680-square-foot industrial lease, reportedly with Amazon, at IAC Commerce Center in Valencia. The giant e-commerce tenant plans to use the facility at 28820 Chase Pl. as a regional distribution center, which is set to open in July.
The site includes two adjacent lots totaling 23 acres, planned to be used as parking for the warehouse employees. The facility features 32 dock high positions, 30-foot ceilings, one ground-level loading door, heavy power and abundant parking.
NKF’s John DeGrinis, Jeff Abraham and Patrick DuRoss represented the landlord, IAC Properties. The 116-acre development is planned for seven industrial buildings totaling roughly one million square feet.
DeGrinis says, “E-commerce continues to be a major driver of economic activity, as consumers shift more purchases online. IAC’s strategic location within the submarket and unmatched dock high loading provides excellent access to those consumers. The tenant was also looking for adjacent land to accommodate a high parking requirement, which can be nearly impossible to find elsewhere in infill Los Angeles.”
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Lease


