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Dedeaux, Stockbridge JV Lands Infill Industrial in Santa Clarita for $28M
Los Angeles-based Dedeaux Properties in JV with Stockbridge Capital Group acquired a vacant 214,436-square-foot warehouse and distribution center in Santa Clarita for $28.4 million. The property is located on 11 acres of land at 24903 Avenue Kearny and within the 1,100-acre master planned Valencia Industrial Center.
The property most recently served as the regional distribution center for global pharmaceutical company AmerisourceBergen, which vacated the facility late last year. It is the first investment in the Santa Clarita Valley for Dedeaux.
With interior clear heights up to 30 feet, the property offers full drive around access with parking on all four sides, and includes 27 loading doors, as well as exclusive truck access. Dedeaux plans to completely renovate the facility including the addition of creative office space, interior finishes, and lighting as well as adding four dock high loading positions.
Realty Advisory Group, Inc.’s James Abbott, Lauren Hunt and Jim Ebanks represented both the buyer and seller.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


