Category: Real Estate

Accurate Freight Systems expands to new IAC building

Accurate Freight Systems expands to new IAC building

Valencia-based Accurate Freight Systems recently signed a five-year lease to become the first tenant in the new business development at the top of Witherspoon in the Valencia Industrial Center. The new 52,063-square-foot facility was built this year by International Airport Centers. “We are very excited to be able to expand into such a beautiful space,”...

SCV in the mix as L.A. bids for Amazon’s second HQ

SCV in the mix as L.A. bids for Amazon’s second HQ

This week, when Amazon receives bids from cities around the nation hoping to land the online retailing giant’s second headquarters complex, the Santa Clarita Valley will be among the options. The Los Angeles Economic Development Corp. is submitting a unified bid with several possible locations. “Based on Amazon’s express criteria, as described in the RFP...

Canyon Country shopping center sells for $22.5 million

Canyon Country shopping center sells for $22.5 million

Canyon Square Plaza, a 96,627-square-foot (sf) grocery-anchored shopping center has sold to a private high net worth investor for $22.5 million. The center is anchored by a very successful long term 40,751 sf Vallarta Supermarkets. Cushman & Wakefield retail investment specialists Dixie Walker and Charley Simpson of the firm’s Irvine office represented the seller, a...

Steamwork coworking space opens on Constellation

Steamwork coworking space opens on Constellation

Santa Clarita has a new coworking space, Steamwork Center, on Constellation Drive. After looking at spaces all over the Santa Clarita Valley, founder Tania Mulry signed a three-year lease in July and opened the 4,000-square-foot space. That includes a 1,800-square-foot double height space that will be converted to two floors of additional offices by next...

City approves Sand Canyon Plaza

City approves Sand Canyon Plaza

Santa Clarita city council last month approved Sand Canyon Plaza, a new development project in Canyon Country that will include 580 residential units, 60,000 square feet of retail and restaurant space and an 85,000 square-foot assisted living facility with up to 140 beds. At a Sept. 12 council meeting, council members deliberated the pros and...

Scorpion moving into new headquarters

Scorpion moving into new headquarters

Scorpion, the Santa Clarita-based internet marketing firm, moves this month into its new 100,000-square-foot headquarters overlooking Magic Mountain Parkway at Interstate 5. The company will hold a grand opening on Oct. 27, and its 400 local employees will have their first day of work in the new building on the following Monday. Scorpion provides website...

InvenTrust Properties buys River Oaks for $115M

InvenTrust Properties buys River Oaks for $115M

InvenTrust Properties Corp. today announced the acquisition of River Oaks, a 275,000 square foot grocery-anchored center in Valencia for $115 million. The center is located at the northeast corner of Magic Mountain and McBean parkways. “We are excited to acquire this institutional-quality retail destination positioned at the epicenter of the Valencia retail hub,” said Michael...

SCV Chamber of Commerce leases new offices

SCV Chamber of Commerce leases new offices

The Santa Clarita Valley Chamber of Commerce will be calling a new spot in Valencia its home starting Oct. 12. Chamber members will work out of a 1,200-square foot space on 28494 Westinghouse Place, located off Newhall Ranch Road. “Our new office space better meets the needs of our membership today,” Chairman of the Board...

Seco Canyon Village retail center sells for $15.5 million

Seco Canyon Village retail center sells for $15.5 million

Seco Canyon Village, a 42,000-square-foot retail center at the corner of Seco Canyon Road and Copperhill Drive in Santa Clarita, has been sold for $15.5 million. The center, built in 2005, is anchored by a CVS pharmacy, and includes an AIM Mail Center, Papa John’s Pizza, Verizon Wireless and Supercuts. The buyer was a private...

SIGNAL DIGITAL SPOTLIGHT: Margie Shaffer targets a new market of home buyers

SIGNAL DIGITAL SPOTLIGHT: Margie Shaffer targets a new market of home buyers

For Santa Clarita real estate agent Margie Shaffer, change has been a constant. Shafer spent her early years living and working in Mar Vista, Culver City and Venice Beach, before slowly gaining her foothold in the Southern California real estate market. “It was kind of a fluke,” she said. “I was hired as a receptionist...