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    A N T E L O P E VA L L E Y I N d u s T r I A L B A s E A N d VA c A N c Y r E P O r T

    2 0 0 9

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    L A N c A s T E r A N d P A L M d A L E

    N E W s P A cE . . . . . . . . . . . . . . . . . . . . . . 2 7 - 2 8

    Lancaster Multi-tenant space built since 2004 report

    Palmdale Multi-tenant space built since 2004 report

    Lancaster Single/divisible built since 2004 report

    Palmdale Single/divisible built since 2004 report

    L A N c A s T E r / P A L M d A L E I N d u s T r I A

    B u s I N E s s P A r K s . . . . . . . . . . . . . . 2 9 - 3 9

    M A s T E r I N V E N T O r Y L I s T O F

    I N d u s T r I AL P r O P E r T I E s . . . . 4 0 - 6 5

    N o t e : 1) Defnition o Industrial Space is: Buildings within

    Industrial Zoning that have roll-up doors. (Exceptions o Rite Ai

    and Michaels distribution centers). 2) Total square ootage was

    estimated where City and County Assessor had no inormation

    or when circumstances required. 3) Door openings were esti-

    mated when required. 4) Height o buildings were estimated whe

    required. 5) Areas not surveyed: Palmdale-6th St. East between

    Palmdale Blvd. and Ave R.; Older Area. Lancaster- Some areas

    east o Sierra Highway on Ave. I

    I N T r O d u c T I O N T O V A c A N c Y

    r E P Or T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 - 9

    s u M M A r Y O F r E P O r T . . . . . . . . . 1 0 - 1 8

    Totals Summary

    Absorption Rate

    Historical Construction - Single Tenant

    Historical Construction - Multi Tenant

    New and Planned

    Industrial Map-Enterprise Zone

    AVA I L A B L E I N d u s T r I A L s PA c E

    A N T E L O P E VA L L E Y . . . . . . . . . . . . 1 9 - 2 8

    Lancaster Single-Tenant

    Lancaster Multi-Tenant Palmdale Single-Tenant

    Palmdale Multi-Tenant

    Mel Layne, GAVEA President

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    IntroductionThis updated 2009 Industrial Base and Vacancy Summary Report is an extensive compilation o empirical

    inormation regarding the availability o industrial space and land in the Antelope Valley. The supporting documents

    categorize individual buildings according to the number o units, total square ootage, availability, lease rate i

    available, building height, loading doors, and dates o construction. The report contains summary pages providing

    a quick assessment o the industrial base vacancies and available land within the cities o Palmdale and Lancaster.

    The ull report is posted on the GAVEA website at www.aveconomy.org. Questions regarding this report should be

    directed to GAVEA by telephone at 661-945-2741 or by email at [email protected].

    PurposeThe purpose o this report is to identiy industrial land and buildings in Palmdale and Lancaster with the goal o

    developing a plan or their utilization by attracting new businesses to the area, creating jobs and wealth-building

    opportunities or local residents, and working toward the goal o a job/housing balance or those in the workorce

    who are living in the Antelope Valley. This goal may be accomplished by incorporating the ollowing:

    1. Compile the current industrial properties or uture site assessment and outreach marketing activities.

    2. Enhance electronic databases o available industrial sites or ease in locating.

    3. Continue to enhance the marketing plan or contacting major employers so that large existing buildings in the

    Antelope Valley can be maximized or wealth-creating opportunities.

    4. Develop a plan to provide adequate industrial space opportunities in a timely ashion, such as permit pre-

    approved buildings that can easily add on sections.

    5. Promote entrepreneurial use o available government land and buildings associated with Plant 42 and the Los

    Angeles Department o Airports (LAWA).

    The ancillary purpose o the analysis contained in this report is to establish a basis or integrating the empirical

    data. Likewise, it aims to create a balanced analytical system that will respond not only to historical inormation

    and current empirical observation, but also will provide a basis or anticipating uture needs.

    This comparative inormation will provide a denitive evaluation o absorption o industrial space and a basis or

    making recommendations about the type o product that is undersupplied in this market. Also, it will serve as a

    resource or potential employers that are considering expanding or relocating to the Antelope Valley in terms o

    dening availability o space that meets their requirements.

    Industrial Market OverviewBased on the our primary economic indicators o industrial development net absorption rate, available space,

    vacancy rate, and aordable land or development the Antelope Valley is the location o choice or relocating

    or expanding businesses in Los Angeles County. The 2007 Antelope Valley Industrial Base & Vacancy Report

    published by GAVEA indicated new construction o industrial space amounting to 1,775,387 square eet between

    July 2004 and July 2007. The construction equaled a phenomenal 22.4% increase in the Antelope Valleys total

    industrial space, excluding so-called special use buildings as described under the Methodology section o this

    s u M M A r Y O F r E P O r T

    GAVEA

    LinksAvailable buildings & available land

    New and planned industrial construction

    Net absorption on an annual basis

    Other LinksEnterprise Zone

    Foreign Trade Zone

    City o LancasterCity o Palmdale

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    report. In contrast, rom July 2007 to November 2009 only 156,588 square eet o industrial space was constructed.

    Buildings as described under the heading Methodology. In contrast, rom July 2007 to July 2009 only 92,315, square

    eet were constructed.

    Vacancy RateIn the past, one o the major obstacles to attract businesses moving to the Antelope Valley has been the lack o

    available space. In recent years, this situation has changed dramatically. The total vacancy rate o the Antelope Valley,

    as measured by the percentage o the total availability o single and multi-tenant space, has increased steadily since

    July 2004. For example, that rate was recorded at 1.1% in July 2004 and increased to 7.9% in July 2007; a urther

    increase o 13% was recorded in November 2009. Important dierences can be noted between the two major cities in

    the Antelope Valley in November 2009: the total vacancy rate in Lancaster stood at 7.59% and in Palmdale at 27.77%.

    In terms o square ootage, the total available multi-tenant space in Lancaster was recorded at 421,839 square eet in

    November 2009 and in Palmdale at 571,894 square eet in that same month. It is worth noting that much o the newspace in Palmdale is available or purchase rather than or lease. Nonetheless, the economic recession will continue to

    put pressure on this market or the oreseeable uture. The situation or single-tenant space is somewhat dierent than

    that or multi-tenant space. Single-tenant space usually has a lower vacancy rate as it tends to be built and occupied

    by the owner. Recent statistics point out the reality o this scenario. In November 2009, the single-tenant available

    space in Lancaster stood at 122,543 square eet or only 2.7% o the total single-tenant space available compared with

    the multi-tenant vacancy rate o 16.5%. In that same time period, Palmdale recorded 148,015 square eet o available

    single-tenant space or 16.6% o that total compared with the multi-tenant vacancy rate o 33.7%.

    Net AbsorptionDuring 2004 to 2007, one o the bright spots o new industrial space in the Antelope Valley was the impressive

    increase in the net absorption rate o multi-tenant acilities (or sale and lease) designed to accommodate the needso smaller start-up and growth rms. Unortunately, with the current economic downturn that need has temporarily

    vanished.

    Total Antelope Valley Historical Absorption Rate

    ANNUAL RATE (SF)

    1994-1997 28,061

    1998-2004 28,224

    2004-2007 412,641

    2007-2009 (172,919)

    The above aggregate statistics mask important changes between the single and multi-tenant markets. For example,

    during 2004-2007, the average annual absorption or multi-tenant properties in the Antelope Valley was 194,693

    square eet. In contrast, rom 2007 through 2009, the average annual absorption or these properties was recorded

    at a negative (85,188) square eet, indicating a drastic change in that market. The situation or single-tenant

    properties also changed dramatically. From 2004 through 2007, the average annual absorption or single-tenant

    properties in the Antelope Valley was 217,948 square eet. In contrast, rom 2007 through 2009, the average annual

    absorption or single-tenant properties in the Antelope Valley was recorded at negative (45,137) square eet. It is

    important to note that in our 2007 Industrial Base and Vacancy Summary report, buildings under construction were

    represented as being partially leased. Some o those leases were not completed due to the recession. It is this

    situation that explains, in most part, the negative absorption rates or the 2007-2009 timerame.

    s u M M A r Y O F r E P O r T

    | GAVEA

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    New Construction

    Antelope Valley new construction rom July 2004-July 2007 (SF)

    Lancaster single-tenant ...............560,081

    Lancaster multi-tenant ............. . 477,420

    Palmdale single-tenant ............. ....198,375

    Palmdale multi-tenant ..................539,511

    Ttl..........................................1,775,387

    Antelope Valley new construction rom July 2007-July 2009 (SF)

    Lancaster single-tenant ...................9,696

    Lancaster multi-tenant ............. . 127,592

    Palmdale single-tenant ............. ........... -0-

    Palmdale multi-tenant ................... 19,160

    Ttl.............................................156,448

    The total new construction or the Antelope Valley decreased by 91 percent during July 2007-2009 compared with

    the July 2004-2007 period. The largest declines were experienced in both the Lancaster and Palmdale single-tenant

    markets.

    MarketingThe availability o industrial space, as highlighted above, has acilitated a vigorous marketing eort by GAVEAsinvestor members and its alliance cities. This eort has yielded one win with over 90 businesses interested in

    considering the Antelope Valley or relocation or expansion. We believe that when businesses know all the acts

    about the costs o moving out o state, compared with relocating or expanding to the Antelope Valley, they may

    want to reconsider and look to the Antelope Valley as their nal destination.

    According to many economists, the national and world economic recessions took hold in December 2007. The

    recession has had and will continue to have a dramatic impact upon the growth and relocation o businesses or

    the oreseeable uture. However, there are protable companies even in these recessionary times and GAVEAs

    marketing eorts are creating interest in the Antelope Valley rom a number o companies seeking opportunities

    that will help insure the success o their business. These companies tend to be large, sophisticated, and smart intheir overall business plan, and are repositioning their operations to reap important prots in the uture. Many o the

    companies also tend to be large in employee numbers and need to be located near their markets in the Los Angeles

    Basin or to local prime deense contractors. Other companies interested in the Antelope Valley have indicated a

    willingness to revisit the issue o relocation once they see signs o an economic turnaround.

    Cost o Doing Business Comparative AnalysisThe cost o doing business in Lancaster and Palmdale is considered to be low to moderate, as determined by the

    respected Kosmont Study that rates more than 400 cities across the nation. More inormation on this study can be

    ound in GAVEAs 2009 Economic Roundtable Report that is available online at www.aveconomy.org; a printed copy

    may be obtained by contacting GAVEAs oce by telephone at 661-945-2741 or by email at [email protected].

    s u M M A r Y O F r E P O r T

    GAVEA

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    Jobs/WorkorceThe online version o the jobs/workorce statistics will be updated pending completion o the 2010 Labor Base

    Report that is expected to be released in summer 2010.

    Industrial LandWhile an ample supply o land is a selling point or the Antelope Valley, available land with completed inrastructure

    at the site or immediate construction is not as plentiul as desired, and remains an obstacle to accommodating

    and attracting large businesses to the area. While there are a ew large parcels o land available, this issue remains

    a challenge or the cities in the oreseeable uture. Many businesses hoping to relocate are skeptical about the

    problems involved with construction o new acilities and are looking or a short timerame to move, which is usually

    between 90 and 180 days. This problem has required the eorts o the Redevelopment Agencies o both Palmdale

    and Lancaster to purchase parcels o land, sometimes through eminent domain, complete the inrastructure, and

    oer those parcels or sale. Examples o this arrangement include the Fox Field Corridor in Lancaster and theFairway Park in Palmdale. The value o this oresight, in terms o attracting new businesses to the area and the

    subsequent employment that it has acilitated, cannot be overstated. This eort must continue to be pursued with

    all diligence as uture industrial growth is contingent upon its success. For more history on the eorts o our alliance

    cities, please contact GAVEA.

    It is hoped that the industrial areas in the Antelope Valley will mature to the point that the cities will become less

    involved in development and more involved in marketing the region than in the past, and that private investors will

    become more aggressive and sel-sustaining than at the present in investing in the inrastructure or uture industrial

    construction.

    HousingHousing construction as measured by building permits, continued to slide since 2006. For all practical purposes,construction virtually stopped in 2008, as shown below:

    Single Family Building Permits Issued (number)

    2000 2001 2002 2003 2004 2005 2006 2007 2008

    Lancaster 279 577 437 972 1740 2799 1663 806 253

    Palmdale 608 812 978 946 1371 1579 1213 839 379

    Total 887 1389 1415 1918 3111 4378 2876 1645 632

    While the total number o building permits surged in 2004 and 2005, and to a lesser extent in 2006, they were ar behind

    the 6,820 permits issued by Palmdale and the 3,707 permits issued by Lancaster in 1989. Despite this bleak situation,

    as ar as employers are concerned, the downturn in the housing market has made the Antelope Valley an even moreaordable place to live and work oering more purchasing power or both workers and executives. This aordability only

    makes the Antelope Valley more attractive than in the past to companies looking to lower their costs in Caliornia. There

    are ew areas in Southern Caliornia that can compare.

    The recession has caused oreclosures to increase at a record rate. Ater several years o double digit increases in

    housing prices, in many cases prices dropped 40% to 50% rom their high levels. On the bright side, this decrease in

    housing prices, together with government stimulus or rst-time home buyers, has spurred housing sales: 590 home sales

    were recorded in July 2008 and increased to more than 900 homes sold July 2009. A recent turnaround in sales prices

    and multiple oers above the asking price indicate that the market likely has hit bottom and the return o stabilized prices

    may be a reality in the not too distant uture.

    s u M M A r Y O F r E P O r T

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    CommentsThe Antelope Valley continues to diversiy its economy away rom a traditional aerospace community to onethat includes other manuacturing, warehousing and distribution, and various other businesses. That being said,

    aerospace/deense continues to be by ar the largest single job sector in the Antelope Valley and is vital to the regions

    economic prosperity. For example, Edwards Air Force base alone contributes over $1.8B to the local economy with

    about 12,800 civilian and military employees, not to mention the roughly 7,200 jobs creating a $550M plus in payroll

    at Air Force Plant 42 in Palmdale. Other major Antelope Valley employers include: Delta Scientic (170 manuacturing

    jobs), Bank o America Loan Processing Center (1,685 jobs), Deluxe Corporation (317 jobs), Kaiser Permanente (768

    jobs), Michaels Crats warehouse (230 jobs), Rite Aid Distribution Center (699 jobs), Antelope Valley Mall (1,800 jobs),

    and Walmart (2,346 jobs). While aerospace jobs remain vital to the Antelope Valley economy, their percentage o total

    jobs decreased rom 22% o the total workorce in 1990 to 7% in 2007. Without a doubt, continued diversication will

    have a stabilizing eect on the Antelope Valley economy as a whole.

    The cities o Palmdale and Lancaster have been pro-active in their economic development eorts that continue to be a

    major actor in attracting and retaining businesses to the area. The success o such eorts, however, has been limited

    primarily to businesses already located within Caliornia. Eorts to reach businesses outside the state continues to be

    a challenge, since Caliornia struggles with its image o being a state with high costs o doing business and the current

    budgetary crisis continues to appear in national headlines.

    The Antelope Valley has many avorable advantages to attract and retain businesses including:

    Development o new businesses or homeland security that desire to be located near, or work in conjunction with,

    major deense contractors.

    Sucient land zoned or industrial use at competitive prices. In most cases, land prices are much less than

    other areas in the Los Angeles Basin. For example, beore the recession improved land in the Santa Clarita area

    was priced at about $16 to $18 a square oot compared with $2.50 to $8.50 a square oot in the Antelope Valley

    (depending on location and inrastructure). Right now, it is dicult to determine pricing because the transactions

    completed are based upon the economy o the moment and the reality o the nancial needs o both the lessor/

    owner and leasee/tenant.

    Development o retail outlets, improving the image o the area, and oering a better quality o lie to its citizens than

    in many other areas o the state and country.

    A separate Air Quality Management District providing increased fexibility and lower costs.

    A lower cost o doing business compared with other areas in Southern Caliornia.

    A state Enterprise Zone covering over 61 square miles that encompasses industrial and commercial properties

    and oers the ollowing state tax incentives: 1) hiring credits, 2) sales and use tax credits, 3) business expense

    deductions, 4) net operating loss carryover, and 5) net interest deduction or lenders.

    A Foreign Trade Zone (FTZ) that oers manuacturers and importers the ability to manuacture, assemble, process,

    store, test, re-label, repack, or process imported materials without paying or deerring customs duties and

    government excise taxes. I the nal product is exported rom the United States, there could be no tax liability.

    s u M M A r Y O F r E P O r T

    GAVEA

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    Thereore, companies currently importing components or nal assembly in the Antelope Valley will likely nd

    signicant savings rom being located in the FTZ.

    Business assistance programs through the Small Business Development Center (SBDC) and the Los Angeles County

    Economic Development Corporation (LAEDC).

    A skilled and diversied workorce.

    Aordable housing.

    Cities are pro-active in their desire to bring new businesses to the Antelope Valley with competitively-priced

    development and processing ees.

    Redevelopment projects throughout the area allowing or pro-active city involvement in attracting new business.

    A low level o employee unionization.

    Active workorce services that oer employee education in conjunction with local colleges and business linkages.

    Methodology-Classifcation o Buildings1. Denition o industrial space: buildings with roll-up doors within industrial zoning, industrial/commercial

    classication, or a specic plan allowing or industrial businesses.

    2. Total square ootage was estimated where the city and/or County Assessor had no inormation regarding the

    building or when circumstances required.

    3. Door openings and height o buildings were estimated when circumstances required.

    4. Areas excluded due to absence o industrial activity:

    Palmdale - 6th Street East between Palmdale Blvd and Avenue R

    Lancaster - some areas east o Sierra Highway on Avenue I

    5. Government and private building square ootage at Plant 42 was considered or the study but was excluded

    in the vacancy calculations or total square ootage. Total area in use at Plant 42 is 3,653,163 square eet and

    remains unchanged since the last industrial report was published in 2007.

    6. Special Use buildings are dened as buildings mainly suitable or one user and are generally not divisible. The

    expected tenant or users would be considered a large corporate company such as that involved in aerospace;

    as such, this type o building would require extensive modications to be used or other purposes.7. Los Angeles World Airports (LAWA), Site 9, located in Palmdale, is a cluster o ve buildings containing

    approximately one million square eet and is classied as a Special Use site. LAWA states that the building

    site is being marketed as one unit, but in 2007 leased 422,000 square eet on a long-term lease to NASA. The

    buildings are generally not divisible because o their size and are considered best suited or one user, such

    as a company involved in aerospace manuacturing or construction. More inormation can be obtained by

    contacting the real estate division o LAWA.

    Note: LAWA building square ootages were included in this study under the heading o Special Use but excluded

    in the totals related to base and vacancy. It was decided it would be more representative o the area, or the

    s u M M A r Y O F r E P O r T

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    private sector analysis, i these buildings were categorized separately. Since the buildings are uniquely suited

    or one user, it was determined that their inclusion without making this distinction could be misleading i an

    individual/corporation were to just view the summary inormation. This situation would be particularly true i the

    viewer did not analyze the details in the body o the study.

    8. BAE Systems has a 47,640 square oot building located at 30th Street East and Avenue P incorporating

    approximately 10,000 square eet o oce space. BAE Systems owns the building and is leasing the land rom

    LAWA.

    9. Lockheed Plant 10 (Skunk Works), located at 1011 Lockheed Way in Palmdale, has total square ootage o

    2,356,735 and is classied as Special Use. Lockheed reports that all space in currently being utilized. There are

    no plans or additional construction o building or the next three to ve years.

    10. This report represents only Palmdale and Lancaster since Avenue A was designated as the northern boundary

    or the study, due to unding constraints.11. All land within the zoning classications o industrial properties o the two cities was identied by the Assessors

    Parcel Number in the 2004 GAVEA study; this inormation is available on the GAVEA website www.aveconomy.org.

    Assessors Parcel Numbers were not updated or the 2007 and 2009 reports. The industrial land properties may

    or may not be available or suitable or development, and a search or property in this data base would be more

    suited or a land speculator than or development. Available land was identied by proximity to Interstate 14

    and/or completion o inrastructure. Over 4,000 parcels in the cities o Lancaster and Palmdale are cataloged.

    12. New and planned Tentative Parcel Maps or industrial park development were also identied and included and

    updated or this 2009 report.

    13. The ollowing Lancaster properties were reclassied or this 2009 report as multi-tenant buildings rather than

    single-tenant buildings:

    Bul Tts SquFt

    4514 & 4516 Runway Drive 1 2 29,318

    4528 & 4542 Runway Drive 1 2 14,384

    4530 & 4544 Runway Drive 1 2 14,384

    4531 & 4543 Runway Drive 1 2 14,384

    14. Other single-tenant Lancaster properties that were removed rom the database totaled 72,437 square eet.

    Examples o reasons or their removal include demolishment, business closure and lot is now dirt, conversion to

    eatery, or duplication o entry

    s u M M A r Y O F r E P O r T

    GAVEA

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    L A N c A s T E r / P A L M d A L E

    I N d u s T r I A L P r O P E r T I E s s u M M A r Y

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    LancaSTerToTaLS

    TOTALSPACE

    SPACEAVAILABLE

    AVAILABLE AS% OF TOTAL

    Single Tenant Space 4,610,316 122,543 2.66%

    Multi Tenant Space 2,558,936 421,839 16.48%

    ToTaLSpace 7,169,252 544,382 7.59%

    L A N c A s T E r / P A L M d A L E I N d u s T r I A L P r O P E r T I E s s u M M A r Y

    paLmdaLeToTaLS

    TOTALSPACE

    SPACEAVAILABLE

    AVAILABLE AS% OF TOTAL

    Single Tenant Space 893,758 148,015 16.56%

    Multi Tenant Space 1,698,899 571,894 33.66%

    ToTaLSpace 2,592,657 719,909 27.77%

    SpeciaLUSe

    TOTALSPACE

    SPACEAVAILABLE

    AVAILABLE AS% OF TOTAL

    ToTaLSpace* 7,107,538 675,640 9.51%

    *Special use buildings are generally not dividable and deemed suited or special suited or special purposes and

    are designated by the assessors oce as possessory interest building -meaning government owned

    comBinedLancaSTer&paLmdaLeToTaLS

    TOTALSPACE

    SPACEAVAILABLE

    AVAILABLE AS% OF TOTAL

    Single Tenant Space 5,504,074 270,558 4.92%

    Multi Tenant Space 4,257,835 993,733 23.34%

    ToTaLSpace(Public) 9,761,909 1,264,291 12.95%

    ToTaL(All Space IncludingSpecial Use)

    16,869,447 1,939,931 11.50%

    GAVEA

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    LancaSTer

    MULTI TENANT SQ FT SINGLE TENANT SQ FT ToTaLSQFT

    Totals 2,558,936 4,610,316 7,169,252

    Vacant 421,839 122,543 544,382

    Vacancy Rate Percentage

    July-91 24.60% 9.30% 14.60%

    August-94 12.30% 13.40% 13.00%

    Jul-97 14.80% 3.70% 6.90%

    Aug-03 4.07% 0.39% 1.69%

    Feb-04 1.31% 1.23% 1.24%

    Jul-07 5.34% 2.86% 3.67%Nov-09 16.48% 2.66% 7.59%

    H I s T O r I c A L I N d u s T r I A L B A s E A N d VA c A N c Y s u M M A r Y

    paLmdaLe

    MULTI TENANT SQ FT SINGLE TENANT SQ FT ToTaLSQFT

    Totals 1,698,899 893,758 2,592,657

    Vacant 571,894 148,015 719,109

    Vacancy Rate Percentage

    July-91 13.10% 0.00% 8.10%

    August-94 13.37% 12.60% 13.30%

    Jul-97 9.10% 8.70% 8.90%Aug-03 1.35% 1.89% 2.82%

    Feb-04 0.36% 0.60% 0.51%

    Jul-07 26.72% 3.91% 19.18%

    Nov-09 33.66% 16.56% 27.77%

    anTeLopeVaLLey

    MULTI TENANT SQ FT SINGLE TENANT SQ FT ToTaLSQFT

    Totals 4,223,659 5,504,074 9,727,733

    Vacant 925,483 264,718 1,190,201

    Vacancy Rate PercentageJuly-91 19.60% 5.80% 14.60%

    August-94 12.90% 13.10% 13.00%

    Jul-97 11.80% 5.00% 7.60%

    Aug-03 2.80% 0.67% 1.59%

    Feb-04 0.84% 1.09% 1.05%

    Jul-07 14.60% 3.02% 7.89%

    Nov-09 23.34% 4.92% 12.95%

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    0.00%

    5.00%

    10.00%

    15.00%

    20.00%

    25.00%

    30.00%

    Jul-91

    Jul-92

    Jul-93

    Jul-94

    Jul-95

    Jul-96

    Jul-97

    Jul-98

    Jul-99

    Jul-00

    Jul-01

    Jul-02

    Jul-03

    Jul-04

    Jul-05

    Jul-06

    Jul-07

    Jul-08

    Jul-09

    Antelope Valley

    Palmdale

    Lancaster

    H I s T O r I c A L I N d u s T r I A L B A s E A N d V A c A N c Y s u M M A r Y

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    I N d u s T r I A L A B s O r P T I O N s u M M A r Y 2 0 0 7 - 2 0 0 9

    mULTi-TenanT

    LANCASTER PALMDALE TOTALS AVERAGEANNUAL

    ABSORPTION7/07-11/09

    Pre-existing Available Multi -Tenant Industrial Space 122,507 468,911 591,418

    New Mutli-Tenant Industrial Space 11-09 127,592 19,160 146,752

    Minus Available Multi -Tenant Industrial Space (421,839) (571,894) (993,733)

    Subtotal Leased Multi-Tenant Space 11-09 (171,740) (83,823) (255,563) (85,188)

    SingLe-TenanT

    LANCASTER PALMDALE TOTALS AVERAGE

    ANNUALABSORPTION

    7/07-11/09

    Pre-existing Single -Tenant 136,708 33,880 170,588

    New Single-Tenant Buildings 11-09 9,696 9,696

    Minus Available Single-Tenant Buildings (122,543) (148,015) (270,558)

    Subtotal Leased Single-Tenant Buildings 11-09 23,861 (114,135) (90,274) (45,137)

    comBinedmULTi-TenanT&SingLe-TenanT

    LANCASTER PALMDALE TOTALS AVERAGEANNUAL

    ABSORPTION

    7/07-11/09

    All Pre-existing Industrial Space 259,215 502,791 762,006

    All New Multi & Single Industrial Space 07-07 137,288 19,160 156,448Minus Available Multi & Single -Tenant

    Industrial Space

    (544,382) (719,909) (1,264,291)

    Total All Leased Industrial Space 11-09 (147,879) (197,958) (345,837) (172,919)

    *Excludes Aerospace and Military Facilities

    Source: GAVEA

    | GAVEA

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    LancaSTerindUSTriaLconSTrUcTionSingLe/diViSiBLe7/97-11/09

    paLmdaLeindUSTriaLconSTrUcTionSingLe/diViSiBLe7/97-11/09

    I N d u s T r I A L c O N s T r u c T I O N

    0

    200,000

    400,000

    600,000

    800,000

    1,000,000

    1997 200620052004200320022001200019991998 2007

    76,551

    781,045

    120,600

    76,690

    999,404

    81,605

    24,000

    131,884

    320,685

    107,512

    0

    2 008 2 009

    9,696 0

    0

    50,000

    100,000

    150,000

    200,000

    250,000

    1997 200620052004200320022001200019991998 2007

    0

    15,400

    31,69626,330

    0

    233,180

    19,200

    0

    15,775

    134,600

    48,000

    2008 2009

    0 0

    GAVEA

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    LancaSTerindUSTriaLconSTrUcTionmULTi-TenanT07/97-11/09

    paLmdaLeindUSTriaLconSTrUcTionmULTi-TenanT07/97-11/09

    I N d u s T r I A L c O N s T r u c T I O N

    0

    50,000

    100,000

    150,000

    200,000

    250,000

    1997 200620052004200320022001200019991998 2007

    106,780

    5,039

    63,690

    38,975

    60,699

    81,719 79,927

    23,465

    225,385

    176,908

    91,109

    2008 2009

    0 0

    63,459

    0

    50,000

    100,000

    150,000

    200,000

    250,000

    300,000

    350,000

    400,000

    1997

    0

    1998

    10,586

    1999

    120,399

    2000

    0

    2001

    40,050

    2002

    0

    2003

    10,084

    2004

    22,600

    2005

    17,056

    2006

    351,282

    2007

    148,573

    2009

    0

    2008

    19,160

    | GAVEA

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    LancaSTerPROJECT/APPLICANT SQ. FT. ACRES DESCRIPTION STATUS CASE #

    Avenue K1753, LLC 31,399 2.18 Oce/Warehouse Building Expires 12-01-10 DR 05-143

    Mojave Merchant Ltd 8 Industrial Buildings Under construction DR 05-159

    BCP Comm, Properties, LLC 23,290 1.42 Industrial Building DR 06-124

    Robert Stephens 15,320 1.21 2 Industrial Buildings Under construction SPR 05-07

    Dave Kerr 11,966 1.00 Industrial Building SPR 05-24

    Great Western Land & Dev. 60,000 4.0 0 2 Industrial Buildings Expires 12-15-10 SPR 07-23

    Rare Properties, Inc. 25,545 1.68 Industrial Building Expires 4-28-11 SPR 07-29

    Moe Commer 36,897 2.18 Industrial Center Expires 4-20-11 SPR 08-02

    Greg Haines 45,000 5.35 8 Industrial Buildings 4 Building Completed DR 06-100

    LstTtls 249,417 19.02

    paLmdaLe

    PROJECT/APPLICANT SQ. FT. ACRES DESCRIPTION STATUS CASE #

    Sheridan EbbertReal Estate Developers

    330,346 18.91 18 Industrial lotsAPN 3003079-008,010

    Approved; Expires 12/09 SPR7-06-4TPM 067620

    Crystal Point LLC 111,270 12.53 Construct 10 Multi-use Ind.Bldgs. APN 3006-024-015

    Submitted 3/2006 SPR 3-06-3

    pllTtls 441,616 31.44

    cbTtls 691,033

    P L A N N E d I N d u s T r I A L P r O P E r T I E s

    GAVEA

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    Ave E SP

    SP

    SP SP SP

    SP

    70 W

    20 W 10 W 10 E

    20 E 30 E

    Division

    50 W 40 W 30 W

    Ave F

    Ave G

    Ave H

    Ave I

    Ave J

    Ave K

    Ave LHighway 14

    Sierra Highway &

    Rail Road

    Number = Assessors Parcel Book

    3268 SP3107

    3269

    PM 060819

    3268 3269

    3201 3201 3117 3117

    3105 3107

    Ave M

    60 W

    SP SP

    3117

    SP

    Fox FieldSP

    3114

    SP3114 3118

    3137

    3137

    3137

    3128

    3128

    North Valley Ind. Ctr.

    Southern Amargosa Industrial Park

    SP

    Fox Field Industrial Corridor

    Lancaster Business Park

    Enterprise Industrial Park

    3136

    Ave M10 W 10 E 20 E 30 E 40 E 50 E

    Ave N

    Ave O

    Ave P

    Ave Q

    Air Force Plant 42

    Ave R

    Palm Blvd.

    Ave S

    30053022

    3022

    3128 3126

    30223022

    3022

    3022 3022

    3025

    3025

    3388

    3025

    3025

    3388

    3025

    3025

    3388

    3028

    3077

    3380

    3025 3025 3028

    3023 3024 3024 3027

    3005

    60 E 70 E 80 E 90 E

    Pa

    Division

    Highway 14

    Sierra Highway &

    Rail Road

    Number = Assessors Parcel Book

    21

    7

    34

    45

    6

    1. Sierra Business Park

    2. Freeway Business Center

    3. Fairway Business Park

    4. Sierra Gateway Business Park

    5. Park One Industrial Center

    6. Palmdale Trade & Commerce Center

    7. Palmdale Business Park

    LancaSTer,ca,indUSTriaLLandarea

    paLmdaLe,ca,indUSTriaLLandmap

    I N d u s T r I A L L A N d A r E A M A P s

    | GAVEA

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    AVA I L A B L E I N d u s T r I A L s PA c E

    L s t S l - T t

    L s t M l t - T t

    P l m l S l - T t

    P l m l M l t - T t

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    AVAILABLE

    INdus

    TrIALBuILdINgs

    LancaSTerSingLe-TenanTproperTieS

    Number

    Street

    N

    o.o

    B

    ldgs

    No.o

    Units

    Total

    SqFt

    Available

    SqFt

    YearBuilt

    Bldg.&

    Clear

    Height

    Loading

    Doors

    Building

    Const

    Contact

    Inormation

    Comments

    APN#

    Fo

    XFieLdindUSTriaLcorridor

    norTHVaLLeyindUSTriaLcenTer

    45325

    DivisionStreet

    1

    1

    1,800

    1,800

    not

    known

    15.5

    15x14

    Steel

    3137

    45417

    SierraHighway

    1

    1

    2,550

    2,550

    1953

    1,

    1sqtadjoininglot,

    ullyenced

    3137

    45527

    DivisionStreet

    1

    1

    2,500

    2,500

    1969

    15.5

    23x12

    Steel

    FencedYard

    3137

    45819

    DivisionStreet

    1

    1

    21,000

    21,000

    1975

    16

    14x14

    Stucco/

    Steel

    MillerDistributing

    Vacant,BoardedOceWarehouse&yard

    LancasterBusinessPark

    3137

    46135

    DivisionStreet

    1

    1

    5,000

    5,000

    1982

    16

    12x14

    Steel

    Buildingwithyard

    3137

    115

    WestAvenueJ-5

    2

    1

    2,320

    2,320

    1960

    1412

    1412

    Steel

    CBCCabinets

    3138

    116

    OvingtonStreet

    1

    1

    1,400

    1,400

    1980

    16

    12x14

    Steel

    3138

    130

    WestAvenueJ-5

    1

    1

    5,532

    2,000

    1959

    18

    18

    Block

    CountrywideTowing

    3oces,3bays;roll-up

    doors,

    2loading

    docks

    3138

    155

    WestAvenueJ-5

    1

    1

    4,200

    4,200

    1986

    1416

    1416

    Steel

    Gi

    ts&MoreKathy

    1

    --

    PresentlyOccupied

    3138

    403

    PillsburyStreet

    1

    1

    5,000

    5,000

    1978

    16

    12x16

    Stucco

    Steel

    DockArea

    3138

    44949

    YuccaAvenue

    1

    1

    1,000

    1,000

    1948

    16

    10x10

    Stucco

    Fencedyardorvans

    3138

    45030

    TrevorAvenue

    1

    1

    5,721

    5,721

    19531969

    12

    Na

    Stucco

    3138

    45050

    TrevorAvenue

    1

    1

    4,000

    4,000

    1954

    14

    (1)12x12

    (3)8x10

    Steel

    3138

    45058

    TrevorAvenue

    1

    1

    4,520

    4,520

    1956

    10x12

    Stucco

    3138

    LancaSTerBUSineSSparK

    42965

    VentureStreet

    1

    1

    12,600

    12,600

    2005

    20

    (2)10x14

    Tilt-up

    dp

    commercial

    1

    -23-2

    3126

    43434

    SahuayoStreet

    1

    1

    5,000

    1,800

    1991

    10x712x7

    Tilt-up

    Hig

    hDesertSweeping

    CCLEngineering

    LancasterBusinessPark

    TwoStory

    Building

    3126

    So

    UTHernamargoSaindUSTriaL

    610

    WestAvenueL

    1

    1

    9,696

    9,696

    2009

    20

    (2)12x14

    Tilt-up

    FencedYard

    3128

    1055

    WestAvenueL-12

    1

    1

    10,600

    10,600

    1984

    22

    12x16

    Block

    Lee

    &Associates

    1

    -31-3

    300

    3128

    42142

    7thStreetWest

    1

    1

    6,536

    6,536

    1990

    20

    12x16

    Tilt-up

    UnitedRerigeration

    LocatedinAntelopeValleyBusinessPark

    UnitedRerig.Inc.

    3128

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    AVAILABLE

    INdus

    TrIALBuILdINgs

    LancaSTerSingLe-TenanTproperTieS

    LancaSTermULTi-TenanTproperTieS

    Number

    Street

    N

    o.o

    B

    ldgs

    No.o

    Units

    Total

    SqFt

    Available

    SqFt

    YearBuilt

    Bldg.&

    Clear

    Height

    Loading

    Doors

    Building

    Const

    Contact

    Inormation

    Comments

    APN#

    42166

    7thStreetWest

    1

    1

    6,720

    6,720

    1990

    20

    12x16

    Tilt-up

    ColdwellBanker

    1

    --2

    LocatedinAntelopeValleyBusinessPark;

    Fencedyard

    3128

    42215

    12thStreetWest

    1

    1

    5,940

    5,940

    1990

    18

    12x10

    Block

    00

    -10

    FencedYard

    3128

    42705

    8thStreetWest

    1

    1

    5,040

    5,040

    2001

    20

    (3)12x12

    Block

    P.C

    .Motorsports

    Warehouse&Oce

    3128

    oUTSide

    oFBUSineSS&indUSTriaLcenTerS

    2027

    EastAvenueI

    \

    1

    600

    600

    1960

    Wood

    Frame

    Acres

    3154

    LstSl-TtTtls

    avlbl

    SqFt

    122,543

    Number

    Street

    N

    o.o

    B

    ldgs

    No.o

    Units

    Total

    SqFt

    Available

    SqFt

    YearBuilt

    Bldg.&

    Clear

    Height

    Loading

    Doors

    Building

    Const

    Contact

    Inormation

    Comments

    APN#

    Fo

    XFieLdindUSTriaLcorridor

    4514&

    4516

    RunwayDrive

    1

    2

    29,318

    14,659

    2005

    20'

    (4)12x14

    (2)TH

    14x18

    Tilt-up

    SCP,Daum1-0-1

    EnterpriseandFreeTradeZoneBenets

    Available

    3105

    4528&

    4542

    RunwayDrive

    1

    2

    14,384

    7,936

    2006

    18

    (4)12x14

    Tilt-up

    Daum1-0-1

    AmexInternationalDist.Co.

    3105

    4531&

    4543

    RunwayDrive

    1

    2

    14,384

    7,936

    2006

    18

    (4)12x14

    Tilt-up

    Daum1-0-1

    TLCWoodworks

    3105

    norTHVaLLeyindUSTriaLcenTer

    45428

    TrevorAvenue

    1

    2

    15,685

    7,842

    2000

    28

    (4)12x12

    Block

    OwneroccupiedonNor

    thhal

    Onehalobuildingismachineshop

    3137

    45440

    TrevorAvenue

    1

    2

    16,290

    16,290

    2000

    28

    (4)12x12

    (1)6x8

    (1)12x8

    Block

    3137

    44211

    YuccaStreet

    1

    6

    20,000

    6,500

    1985

    14(12)

    10x12

    10x10

    Block

    Val

    leyRealtyHarvey

    Holloway1--2

    Unitsavg10%o

    cebu

    ild-out;oneront

    loadeddock-h

    ighdoor;

    200amppower

    3138

    45029

    TrevorAvenue

    1

    6

    5,039

    1,680

    19921998

    18

    (5)10x10

    Block

    HenryBooker

    1

    -2-1

    2

    3138

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    Number

    Street

    N

    o.o

    Bldgs

    No.o

    Units

    Total

    SqFt

    Available

    SqFt

    YearBuilt

    Bldg.&

    Clear

    Height

    Loading

    Doors

    Building

    Const

    Contact

    Inormation

    Comments

    APN#

    LancaSTerBUSineSSparK

    104

    EastAvenueK-4

    1

    10

    30,000

    3,000

    1985

    18(16)

    10x12

    Concrete

    tilt-up

    LEDC

    1

    --2

    1

    LancasterBusinesspark

    200amppower

    3126

    124

    EastAvenueK-8

    1

    3

    12,126

    11,000

    2006

    14x10

    Tilt-up

    Lee

    &Associates

    1

    -31-3

    300

    3126

    156

    EastAvenueK-6

    1

    2

    35,854

    17,927

    2006

    Tilt-up

    DnDPackaging

    CampusBusinessPark

    3126

    200

    EastAvenueK-8

    1

    3

    29,220

    19,500

    2006

    14x14

    Tilt-up

    3126

    211

    EastAvenueK-6

    1

    6

    19,424

    6,000

    1990

    18(16)

    12x14

    Tilt-up

    HenryBooker

    1

    -31-

    2

    3126

    300

    EastAvenueK-6

    1

    4

    11,320

    11,320

    2009

    20

    (2)12x10

    Block

    Gre

    gHanes

    3126

    304

    EastAvenueK-6

    1

    2

    11,320

    11,320

    2009

    20

    (2)12x10

    Block

    Gre

    gHanes

    3126

    314

    EastAvenueK-6

    1

    2

    11,320

    11,320

    2009

    20

    (2)12x10

    Block

    Gre

    gHanes

    3126

    320

    EastAvenueK-6

    1

    4

    11,320

    11,320

    2009

    20

    (2)12x10

    Block

    Gre

    gHanes

    3126

    212

    EastAvenueK-6

    1

    9

    15,465

    7,732

    2004

    12x10

    Tilt-up

    CampusBusinessPark,

    intheLancasterBus.Park

    3126

    229

    EastAvenueK-8

    1

    9

    23,052

    10,250

    2005

    12x1

    Tilt-up

    Grubb&Ellis

    1

    -332-2

    000

    3126

    244

    EastAvenueK-10

    1

    4

    18,853

    9,400

    2008

    10x12

    Block

    No

    sign

    3126

    249

    EastAvenueK-8

    1

    9

    23,331

    10,370

    2005

    Tilt-up

    Cam

    bridgeDev.

    1

    -01-

    030

    3126

    311

    EastAvenueK-8

    2

    28

    41,772

    28,345

    2005

    Tilt-up

    3126

    339

    EastAvenueK-8

    1

    8

    22,522

    5,600

    2005

    16

    14x12

    Tilt-up

    Cro

    ssStreetVenture

    DAUMCommR.E.

    1--300

    3126

    410

    EastAvenueK-12

    1

    10

    22,885

    9,100

    2006

    16

    12x14

    Tilt-up

    Mc

    GarreyBus.Park

    DaumCommR.E.

    1--300

    3126

    42913

    CapitalDrive

    1

    11

    38,459

    24,500

    2006

    18

    Truck

    Tilt-up

    DaumCommR.E.

    1

    --3

    00

    LancasterBusinessPark

    3126

    43145

    BusinessCenter

    Parkway

    1

    8

    44,684

    15,000

    2004

    No

    sign

    Fastenal,

    Bingo,

    Etc.

    3126

    43424

    CopelandCircle

    1

    2

    10,880

    5,440

    1983

    15

    12x12

    Tilt-up

    Ma

    sadaHomes

    LocatedinLancasterBu

    sinessPark

    3126

    220/230

    E.AvenueK-4

    2

    14

    19,824

    9,912

    1985

    16(14)

    10x10

    Concrete

    tilt-up

    dp

    commercial

    1

    -23-2

    LocatedintheLancasterBusinessPark

    100amppower

    3126

    311/333

    E.AvenueK-4

    2

    10

    16,000

    3,200

    1982

    15

    12x12

    Concrete

    tilt-up

    LocatedinLancasterBu

    siness

    3126

    AVAILABLE

    INdus

    TrIALBuILdINgs

    LancaSTermULTi-TenanTproperTieS

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    AVAILABLE

    INdus

    TrIALBuILdINgs

    LancaSTermULTi-TenanTp

    roperTieS

    Number

    Street

    N

    o.o

    B

    ldgs

    No.o

    Units

    Total

    SqFt

    Available

    SqFt

    YearBuilt

    Bldg.&

    Clear

    Height

    Loading

    Doors

    Building

    Const

    Contact

    Inormation

    Comments

    APN#

    43301

    DivisionStreet

    3

    31

    39,350

    10,780

    1991

    18-22

    (13-21)

    10x10

    12x12

    Concrete

    tilt-up

    FisherDevelopment

    1

    --

    2

    Wellmaintained,nicely

    landscapedoce/

    warehouseunitsaverage1-3

    %b

    uild-

    out,12-200amps

    3128

    So

    UTHernamargoSaindUSTriaL

    715

    EastAvenueL-8

    1

    3

    31,424

    10,300

    2007

    20

    (3)12x16

    Block

    3126

    42545

    WallStreet

    1

    9

    11,966

    3,990

    2007

    18

    (6)10x14

    Block

    3126

    604

    WestAvenueL

    1

    9

    19,223

    17,000

    2009

    20

    (8)12x14

    Tilt-up

    Hoey&Asso.

    1

    -10-3

    13

    3128

    805

    WestAvenueL-8

    1

    20

    15,600

    7,020

    1989

    18

    12x10

    Block

    3128

    813

    WestAvenueL-8

    1

    12

    19,520

    2,500

    1989

    18

    12x10

    Block

    3128

    825

    WestAvenueL-8

    1

    12

    19,520

    4,880

    1989

    18

    12x10

    Block

    3128

    1122

    WestAvenueL-12

    1

    11

    19,000

    5,200

    1990

    18(16.5)

    9x10

    Concrete

    tilt-up

    Units101-

    110

    Front-loadedunits200amppower

    3128

    1125

    WestAvenueL-8

    1

    2

    13,760

    6,880

    2007

    14x10

    Block

    RadiatorDepot

    3128

    1127

    WestAvenueL-8

    1

    2

    13,760

    6,880

    2007

    18

    14x10

    Block

    Groeniger&Co.

    3128

    42156

    10thStreetWest

    1

    30

    36,000

    12,000

    1980

    16(14)

    10x12

    Block

    Hil

    gerelt

    1

    --

    Complexincludes,200

    Sqt.oupstairs

    oce.

    IndustrialUnits1,200to,00Sqt.

    200amppower

    3128

    42247

    12StreetWest

    1

    8

    17,820

    17,820

    2009

    16'

    (4)10x12

    Tilt-up

    No

    sign

    3128

    42545

    WallStreet

    1

    9

    11,966

    3,990

    2007

    18

    (6)10x14

    Block

    3128

    1051&

    1055

    W.Ave.M

    2

    20

    33,476

    3,200

    19891990

    20

    10x12

    Concrete

    tilt-up

    Karen1--0

    OwnerConsideringbuildingnewunit

    3128

    42301-

    42317

    10thStreetW

    1

    8

    40,000

    5,000

    not

    known

    18(16)

    12x12

    Block

    CB

    RichardEllisChuck

    Hoey,

    LennyDance

    Front-loadedOce/reta

    ilwithRearlight

    industrialunits.200am

    ppower

    3128

    LstmultTtTtls

    avlbl

    SqFt

    421,839

  • 7/28/2019 GAVEA Industrial Report 2009

    24/68

    AVAILABLE

    INdus

    TrIALBuILdINgs

    paLmdaLeSingLe-TenanTproperTieS

    Num

    -

    ber

    Street

    No

    .of

    Bldgs

    No.of

    Units

    To

    tal

    SqFt

    Available

    SqFt

    Ye

    arBuilt

    Bldg.&

    Cle

    ar

    Height

    Loading

    Doors

    Building

    C

    on

    st

    Contact

    Inform

    ation

    C

    omments

    APN#

    Fa

    irWayBUSineSS

    parK

    630

    StAndrews

    Way

    1

    1

    19,600

    19,60 0

    2006

    21

    16x18

    Tilt-Up

    Lea

    singA

    gent:CBRE

    3005

    paLm

    daLeTrade&c

    ommercecenT

    er

    38940

    Trade

    CenterDrive

    1

    1

    22,680

    22,680

    2000

    24

    2-16'

    Tilt-Up

    AB

    ADAKOutdoor

    supplie

    s

    30

    03

    FreeWayBUSine

    SScenTer

    p

    arK

    oneindUSTriaL

    cenTer

    oU

    TSideoFBUSin

    eSSorindUSTr

    iaLcenTer

    S

    38448

    SierraHighway

    1

    1

    6,55

    0

    6,550

    1940

    18

    (3)14x12

    B

    lock

    dpcommercial

    1-23-22

    3008

    38526

    6thSt .

    East

    1

    1

    4,900

    4,900

    1993

    18

    (2)

    14x14

    B

    lock

    30

    08

    38559

    6thSt.East

    1

    1

    4,000

    4,000

    1991

    23

    10x10

    B

    lock

    3008

    386

    02

    6thSt.East

    1

    1

    1,750

    1,750

    1988

    21

    10x12

    B

    lock

    Nosign

    3008

    37621

    6thSt.E

    ast

    3

    1

    4,720

    4,720

    1958

    1960

    F

    rame

    Nosi g

    n

    Vacant

    3010

    37731

    6thSt.

    East

    1

    1

    14,600

    14,600

    1957

    20

    12x

    14

    S

    teel

    Dau

    m

    1--300

    301

    0

    38848

    25

    thStreetEast

    1

    1

    800

    800

    1989

    0

    W

    ood

    /

    Stucco

    Vacant

    3022

    39007

    15thStreetEast

    1

    1

    6,000

    6,000

    2002

    2x18'

    S

    teel

    Lee&

    Asso.

    1

    -31-3303

    3022

    39215

    15thStreetEast

    1

    1

    11,200

    11,200

    1966

    B

    lock

    3022

    39530

    12thStreetEast

    1

    1

    48,000

    48,000

    2007

    20'

    Roll-up

    S

    t eel

    ,000sq

    ftwarehouse+10

    acreslumbersto

    rage

    3022

    2141

    EastAvenueQ

    1

    1

    3,215

    3,215

    1965

    1--0123

    Vacant

    3022

    p

    l

    lS

    glT

    tT

    tls

    av

    lb

    l

    Sq

    Ft

    148

    ,01

    5

  • 7/28/2019 GAVEA Industrial Report 2009

    25/68

    paLmdaLemULTi-TenanTpr

    operTieS

    Number

    Street

    No.o

    Bldgs

    No.o

    Units

    Total

    SqFt

    Available

    SqFt

    YearBuilt

    Bldg.&

    Clear

    Height

    Loading

    Doors

    Building

    Co

    nst

    Contact

    Inormation

    Comments

    APN#

    SierraBUSineSSparK

    41747

    12thStreetWest

    1

    7

    10,084

    5,765

    2003

    18'

    10x10

    Blo

    ck

    EdwardsInvestments

    1-0-31

    3128

    41765

    12thStreetWest

    1

    8

    11,280

    1,410

    1989

    18

    10x12

    Blo

    ck

    EdwardsInvestments

    1-0-31

    3128

    41770

    12thStreetWest

    1

    6

    8,350

    4,175

    1988

    18'

    10x12

    Tilt-Up

    EdwardsInvestments

    1-0-31

    3128

    41781

    12thStreetWest

    1

    4

    24,000

    12,000

    1987

    18'

    12x10

    Tilt-Up

    EdwardsInvestments

    1-10-01

    3128

    FairWayBUSineSSparK

    114

    GrandCypress

    1

    2

    72,925

    72,925

    2006

    24

    4dock,4

    atgrade

    Tilt

    -up

    R.

    Feder(1)222-0

    0

    FairwayBusinessPark

    3005

    150

    GrandCypress

    1

    4

    51,112

    51,112

    2006

    24

    6dock,6

    atgrade

    Tilt

    -up

    Esolar

    FairwayBusinessPark

    3005

    250

    GrandCypress

    1

    6

    32,383

    26,000

    2007

    18

    (1)10x16

    (8)12x16

    Tilt

    -up

    CBRE,

    1-

    2-

    FairwayBusinessPark

    3005

    320

    GrandCypress

    1

    6

    25,008

    25,008

    2007

    18

    (1)10x16

    (7)12x16

    Tilt

    -up

    CBRE,

    1-

    2-

    FairwayBusinessPark

    3005

    346

    GrandCypress

    1

    4

    22,927

    22,927

    2006

    19

    16'

    Tilt

    -up

    CBREChuckHoey

    1-10-313

    FairwayBusinessPark

    3005

    360

    GrandCypress

    1

    4

    22,927

    22,927

    2006

    19

    16'

    Tilt

    -up

    CBRE

    1-2-

    FairwayBusinessPark

    3005

    410

    GrandCypress

    1

    4

    17,489

    9,962

    2006

    19

    Tilt

    -up

    CBRE

    FairwayBusinessPark

    3005

    430

    GrandCypress

    1

    4

    9,962

    9,962

    2006

    19

    (4)12x16

    Tilt

    -up

    Hoey(1)10-313

    2foors

    3005

    40222

    LaQuintaLane

    2

    9

    29,748

    6,610

    2006

    20

    4x16'

    Tilt

    -up

    CBRE,

    1-

    2-

    FairwayBusinessPark

    3005

    40242

    LaQuintaLane

    1

    6

    28,400

    14,200

    2006

    20

    (6)14'

    roll-up

    Tilt

    -up

    CBRE,

    1-

    2-

    FairwayBusinessPark

    3005

    pa

    rKoneindUSTriaLcenTer

    510

    E.RanchoVistaBlvd.

    1

    2

    10,586

    10,586

    1998

    21

    12x16'

    Tilt

    -up

    PalmdaleCommerce

    Center

    3006

    654

    E.RanchoVistaBlvd.

    1

    8

    17,056

    6,400

    2005

    21

    16'

    Tilt

    -up

    DPCommercial

    1-23-2

    PalmdaleCommerce

    Center

    3006

    paLmd

    aLeTrade&commercecenTer

    514

    CommerceAvenue

    1

    7

    13,498

    10,618

    2006

    21

    truck-mid3

    unitsonly

    Tilt

    -up

    ChuckHoey

    1-2-011

    Unitsrom1

    102to20

    sqt

    3004

    525

    CommerceAvenue

    1

    2

    12,144

    6,072

    2007

    16

    Truck

    Tilt

    -up

    VentureCorp

    1--2000

    Unitsrom1

    102to20

    sqt

    3004

    530

    CommerceAvenue

    1

    7

    13,498

    5,780

    2006

    21

    truck-mid3

    i t

    l

    Tilt

    -up

    VentureCorp

    1 2 0 0 0

    Unitsrom1

    102to20

    t

    3004

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    Number

    Street

    No.o

    Bldgs

    No.o

    Units

    Total

    SqFt

    Available

    SqFt

    YearBuilt

    Bldg.&

    Clear

    Height

    Loading

    Doors

    Building

    Co

    nst

    Contact

    Inormation

    Comments

    APN#

    560

    AutoCenterDrive

    1

    3

    32,456

    32,456

    2007

    Truck

    Tilt

    -up

    DennisMarciniak

    1-0-1

    Unitsrom1

    102to20

    sqt

    3004

    575

    CommerceAvenue

    1

    2

    16,144

    16,144

    2007

    16

    Truck

    Tilt

    -up

    VentureCorp

    1--2000

    Unitsrom1

    102to20

    sqt

    3004

    602

    CommerceAvenue

    1

    7

    13,498

    5,780

    2006

    21

    Truck-mid

    3unitsonly

    Tilt

    -up

    VentureCorp

    1--2000

    Unitsrom1

    102to20

    sqt

    3004

    624

    CommerceAvenue

    1

    7

    13,498

    1,928

    2006

    21

    Truck-mid

    3unitsonly

    Tilt

    -up

    VentureCorp

    1--2000

    Unitsrom1

    102to20

    sqt

    3004

    650

    CommerceAvenue

    1

    7

    13,498

    5,780

    2007

    10

    Truck-mid

    3unitsonly

    Tilt

    -up

    Marciniak

    1-0-1

    Ocespace

    andFlex

    Space

    3004

    oUTSideBUSineSS&indUSTriaLcenTerS

    1817

    EastAvenueQ

    3

    55

    83,394

    2,950

    1989

    dpcommercial

    1-23-2

    HighDesert

    Business

    Center

    3006

    38843

    20thStreetEast

    1

    8

    8,400

    3,150

    1978

    10'

    Blo

    ck

    dpcommercial

    1-2

    3-2

    PalmdaleIndustrial

    Center

    3006

    38845

    20thStreetEast

    1

    8

    8,400

    2,100

    1978

    10'

    Blo

    ck

    dpcommercial

    1-2

    3-2

    PalmdaleIndustrial

    Center

    3006

    38847

    20thStreetEast

    1

    8

    8,400

    2,100

    1978

    10'

    Blo

    ck

    dpcommercial

    1-23-2

    PalmdaleIndustrial

    Center

    3006

    39360

    3rd.St.East

    4

    12

    80,000

    15,000

    1990

    18-25

    12x14

    Blo

    ck

    GlenWinklestein

    1-23-11

    Front&rear

    loaded

    units;,000+sq.

    t.

    3006

    39450

    3rdSt.East

    1

    54

    70,420

    27,000

    1988

    17

    12x12

    Blo

    ck

    Winnell

    3006

    620/624

    E.RanchoVistaBlvd.

    1

    2

    16,416

    8,200

    1999

    21

    (4)12x14

    Tilt

    -up

    Signs&Designs

    Centry21,

    1--21

    PalmdaleCommerce

    Center

    3006

    38715

    6thSt.East

    1

    6

    3,680

    1,220

    1981

    22

    (5)10x12

    Blo

    ck

    Automotive

    Center

    3008

    37824

    5thSt.East

    1

    8

    27,758

    7,000

    1990

    26

    10x14

    Blo

    ck

    1-2-2230

    Automotive

    Center

    3010

    37925

    6thSt.East

    3

    60

    79,200

    37,500

    1984

    18

    10x12

    Blo

    ck

    FoxIndustrialPark

    1-22-21

    Frontloader

    incubator

    unitsto,0

    0sq.

    t.

    3010

    37925

    SierraHighway

    2

    3

    19,675

    10,000

    1989

    9x12

    Blo

    ck

    dpcommercial

    1-2

    3-2

    Quasicommercial

    3010

    1747

    EastAvenueQ

    5

    30

    34,286

    3,547

    1987

    dpcommercial

    1-2

    3-2

    HighDesert

    Industrial

    Park

    3022

    190

    SierraCourt

    3

    30

    98,385

    65,600

    1987

    20

    16

    Tilt

    -up

    www.t

    hepacicaco.com

    1-2-00

    3126

    pllmultTtTtls

    avlbl

    SqFt

    571,894

    AVAILABLE

    INdus

    TrIALBuILdINgs

    paLmdaLemULTi-TenanTpr

    operTieS

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    L A N c A s T E r A N d P A L M d A L E

    N E W s P A c E

    L s t S l / v s b l

    b l t s 2 0 0 4 p o t

    L s t M l t - t t s p b l t s 2 0 0 4 p o t

    P l m l M l t - t t s p b l t s 2 0 0 4 p o t

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    NEWI

    NdusTrIAL

    BuILdINgs

    BuILTsINcE

    2007

    LancaSTerSingLe-TenanTproperTieS

    NumberStreet

    N

    o.o

    Bldgs

    No.o

    Units

    Total

    SqFt

    Available

    SqFt

    Year

    Built

    Bldg.&

    Clear

    Height

    Loading

    Doors

    Building

    Const

    Contact

    Inormation

    Comme

    nts

    APN#

    610

    WestAvenueL

    1

    1

    9,696

    9,696

    2009

    20

    (2)12x14

    Tilt-up

    FencedYard

    3128

    paLmdaLemULTi-TenanTpr

    operTieS

    NumberStreet

    N

    o.o

    Bldgs

    No.o

    Units

    Total

    SqFt

    Available

    SqFt

    Year

    Built

    Bldg.&

    Clear

    Height

    Loading

    Doors

    Building

    Const

    Contact

    Inormation

    Comme

    nts

    APN#

    40360

    LaQuintaLane

    1

    2

    19,160

    0

    2008

    16

    (5)12x12

    Block

    Lar

    rinaga/Nebelink

    1

    -0-

    0

    Squirtys/Allstate

    3005

    Number

    Street

    N

    o.o

    B

    ldgs

    No.o

    Units

    Total

    SqFt

    Available

    SqFt

    YearBuilt

    Bldg.&

    Clear

    Height

    Loading

    Doors

    Building

    Const

    Contact

    Inormation

    Comments

    APN#

    Fo

    XFieLdindUSTriaLcorridor

    norTHVaLLeyindUSTriaLcenTer

    LancaSTerBUSineSSparK

    300

    EastAvenueK-6

    1

    4

    11,320

    11,320

    2009

    20

    (2)12x10

    Block

    GregHanes

    3126

    304

    EastAvenueK-6

    1

    2

    11,320

    11,320

    2009

    20

    (2)12x10

    Block

    GregHanes

    3126

    314

    EastAvenueK-6

    1

    2

    11,320

    11,320

    2009

    20

    (2)12x10

    Block

    GregHanes

    3126

    320

    EastAvenueK-6

    1

    4

    11,320

    11,320

    2009

    20

    (2)12x10

    Block

    GregHanes

    3126

    244

    EastAvenueK-10

    1

    4

    18,853

    9,400

    2008

    10x12

    Block

    No

    sign

    3126

    So

    UTHernamargoSaindUSTriaL

    604

    WestAvenueL

    1

    9

    19,223

    17,000

    2009

    20

    (8)12x14

    Tilt-up

    Hoey&Asso.

    1

    -10-3

    13

    3128

    620

    WestAvenueL

    1

    2

    26,416

    0

    2009

    20

    (3)14x16

    Tilt-up

    Toneman

    Fencedyard

    3128

    42247

    12StreetWest

    1

    8

    17,820

    17,820

    2009

    16

    (4)10x12

    Tilt-up

    No

    sign

    3128

    Lstmult-TtTtls

    Ttl

    SqFt

    127,592

    LancaSTermULTi-TenanTproperTieS

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    L A N c A s T E r / P A L M d A L E I N d u s T r I A L

    B u s I N E s s P A r K s

  • 7/28/2019 GAVEA Industrial Report 2009

    30/68

    LancaSTer

    Re. No. Industrial Park Name AvailableAcreage

    Price Comments

    1 Lancaster Business ParkAPN: 3126-009-147, 129

    Yes From$8.00/sq t

    Plus Melo-Roos o $1.11

    2 Ave H Industrial Park Yes Private party parcels may beavailable

    3 Antelope Valley Industrial ParkAPN: 3128-020-005, 006, 003

    5.87 acres Inrastructure may need to beextended to some parcels in the park

    4 Foxeld Industrial Corridor Yes Excellent access; Ave G ullyimproved in the Fox Field Corridor

    5 North Valley Industrial Center 13.51 Backbone Inrastructure in place;

    1/2 to 100 acre parcels6 Unnamed Ind. Park

    South side o Ave. G between Sierra Hwyand Division

    Over 2,00 t o rontage along Ave.G and 00 rontage on Division St.

    7 Enterprise Industrial ParkN.W. Corner o Sierra Hwy. & Ave. L-4

    Approx50 Acres

    From$2.50/sq t

    Phase I inrastructure in place

    8 North Valley Industrial CenterSouth o Ave. H-8, North o Ave. I;Between Division and RR Tracks

    Yes Approved and recorded Tract Mapincludes potential or parcels

    9 North Valley Industrial CenterSouthwest corner o Ave. H and Division St.

    Yes Site located in the Enterprise Zoneand Redevelopment Area

    10 Fairview Industrial Park One o our adjoining TentativeMaps totaling 10 acres; fve legalparcels.

    11 Unnamed Industrial Park Tract MapNW corner o Ave. M & 82nd St. W

    Frontage along major thoroughare;Tract Map #02

    12 Unnamed Industrial Park Tract MapN. o M between 3rd & 4th St. W.

    Tract Map #2Maps scheduled to expire /

    paLmdaLe

    Re. No. Industrial Park Name AvailableAcreage

    Price Comments

    13 Palmdale Industrial Park 0 Located within the Enterprise Zone

    and Palmdale Foreign Trade Zone.14 Sierra Business Park Yes Public incentives available to project

    including Enterprise Zone

    15 Palmdale Trade and Commerce Center 8 Lots Currently receiving a high level odevelopment activity

    16 Freeway Business Park 120.82 City owned property; an RFP ordevelopment has been issued.

    17 Palmdale Business Park 253.48 Approved Specifc Plan; Noinrastructure in place

    18 Fairway Business Park 38.85 acres $6.00-6.80/sq t

    Lots ranging rom 100,000 -00,000 square eet

    I N d u s T r I A L P A r K s W I T H A V A I L A B L E L A N d

    Summary Report: July 200

    GAVEA

  • 7/28/2019 GAVEA Industrial Report 2009

    31/68

    INdusTrIALPArK

    s

    WITH

    AVAILABLEL

    ANd

    Location

    Genera

    llyeastoDivisionSt.andnorthoAve.L

    ,Lancaster

    Contact

    Commercial/IndustrialRealEstateBrokers

    Lancas

    terEconomicDevelopment,CityoLancaster

    ProjectStatus

    Sitesavailableinthemaster-plannedenvironmen

    t

    TotalAcreage

    20grossacresincludingindustrialandoce/co

    mmercial

    sites.

    APN:

    312-0

    0

    AvailableAcreage

    Yes

    LotSizes

    .3-1

    1acres

    Topography

    Flat

    CurrentZoning

    SpecicPlan#0-0

    2/c-

    3R-3;SpecicPlan#0-01(PhaseIII)

    SiteAccess

    Directaccesstomajorthoroughares

    DistanceromInterstate

    About

    1.milesromHighway1

    RailAccess

    No

    ImprovementsinPlace

    Allinrastructureandlandscapeimprovementsinplace

    SiteAdvantages

    Improv

    edsitesavailableinacampus-likeatmosphere

    SiteDisadvantages

    Includesoceandindustrialusers.

    Melo-Rooso

    approx

    imately$1.1

    1/sq.

    t.

    Comments

    TheLa

    ncasterBusinessParkishometo100comp

    anies

    employ

    ingover,100people,

    theBusinessParkhasattracted

    manynationallyknownrmsincludingCountrywideHome

    Loans,

    Deluxe,Inc.,

    FederalExpress,andLanceCamper.

    Curren

    tavailableparcelsarepricedrom$.0

    0/sq.

    t.plus

    assessm

    ents.

    Reerence#1:LancasterBu

    sinessPark

    Location

    NorthsideoAve.H,westsideoSierraHwy.,

    Lancaster

    Contact

    CityoLancasterRedevelopmentAg

    ency1-23-12

    ProjectStatus

    Ongoingindustrialpark

    TotalAcreage

    0acres(includingcitymaintenance

    yard)

    APN:

    AvailableAcreage

    Yes

    LotSizes

    2.acres

    Topography

    Flat

    CurrentZoning

    HeavyIndustrial

    SiteAccess

    Excellent

    DistanceromInterstate

    2mi.rom1Fwy.

    RailAccess

    No

    ImprovementsinPlace

    Ave.

    Hoverpassmakesaccesseasy;curbs,gutters,sidewalks

    andutilitiesinplace

    SiteAdvantages

    Closetorailandmajorhighway

    SiteDisadvantages

    Inrastructurenotcomplete

    Comments

    ExistingbusinessesincludesRexallIndustries

    (manuacturer),

    ShepherdMachinery(service/repairacility

    orCATIndustriesequipment)Parga

    s(propanegassupplier)

    andLancasterCityMaintenance.Pr

    ivatepartyparcelsmay

    beavailable

    Reerence#2:Ave.HIndustrialPark

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    INdusTrIALPArK

    s

    WITH

    AVAILABLEL

    ANd

    Location

    NorthoAve.

    M,

    bothsidesothSt.West,Lancaster

    Contact

    RealEstateBrokersignage

    ProjectStatus

    Mixed

    UseOce&IndustrialPark

    TotalAcreage

    N/A

    APN:

    312-0

    20-0

    0,

    00,003

    AvailableAcreage

    .ac

    res

    LotSizes

    .-.0

    acres

    Topography

    Flat

    CurrentZoning

    LightI

    ndustrial

    SiteAccess

    Excellent

    DistanceromInterstate

    1mi.rom1wy..

    RailAccess

    No

    ImprovementsinPlace

    Curb,gutters,sidewalks,roads,allutilities

    SiteAdvantages

    On-siterestation,closetonewcourthouseand

    public

    transportation.

    Sitelocatedintheenterprisezon

    eand

    redevelopmentprojectarea.

    SiteDisadvantages

    Parkla

    cksvisualdenitionandidentication

    Comments

    Inrastructuremayneedtobeextendedtosomeparcelsin

    thepark

    Reerence#3:AntelopeValleyIndustrialPark

    Location

    GenerallyborderedbyAve.H,

    1Fw

    y.0thSt.Westand

    Ave.

    D,

    Lancaster

    Contact

    CityoLancasterRedevelopmentAg

    ency1-23-12

    ProjectStatus

    ApprovedSpecicPlan#0-1

    TotalAcreage

    TotalProjectArea.

    Acres(Fox

    FieldEast.acres)

    andFoxFieldWest(13.acres)

    APN:

    PM#001

    AvailableAcreage

    Yes

    LotSizes

    Parcelsrom1/2acrestoseveralhun

    dredacres

    Topography

    Flat

    CurrentZoning

    MediumandLightIndustrial(SpecicPlan-BusinessPark

    #-0

    2)

    SiteAccess

    Excellent

    DistanceromInterstate

    1-

    mi.romtheFwy.

    RailAccess

    No

    ImprovementsinPlace

    Ave.

    Gexpandedtolaneswithlandscapedmedianandull

    improvementsrom0thSt.West

    SiteAdvantages

    Excellentaccessandlocatedcloseto

    1Fwy.Proximityto

    generalaviationairport.Backboneinrastructurecomplete

    SiteDisadvantages

    Comments

    TheFoxFieldIndustrialCorridorishometomajor

    distributionandsupportcentersor

    bothRiteAiddrug

    storesandMichaelsartsandcratssuppliers.Rite-Aid

    completedconstructiono22,0squareeetin2001.

    The2,squareootMichaelsdistributioncenterwas

    completedin2002.T

    heLarwinInvestmentCompanyhas

    completed,0

    00otheirproposed200,00sq.

    t.ospec

    buildings.

    Reerence#:Fox

    eldIndustrialCorridor

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    INdusTrIALPArK

    s

    WITH

    AVAILABLEL

    ANd

    Location

    #S.W

    .corneroAve.

    HandDivisionSt.,

    Lanca

    ster

    #Sou

    thsideoAveG.

    betweenAveG.andDivision

    Contact

    Harvey

    Holloway(1)-2

    ProjectStatus

    BackboneInrastructureinplace;subdividedinto

    1/2to100acreparcels

    TotalAcreage

    20Ac

    res

    APN:

    AvailableAcreage

    13.

    1a

    cres

    LotSizes

    .-acres(1lots)

    Topography

    Flat

    CurrentZoning

    Heavy

    IndustrialSP#3-3

    SiteAccess

    Adjace

    nttoSierraHighway;Easyreewayaccess

    via

    AvenueHoverpass

    DistanceromInterstate

    About

    2-3mi.rom1Fwy..

    RailAccess

    Yes,ap

    proximately2000eettorailaccess

    ImprovementsinPlace

    Stormdrainsandotherimprovementsdepending

    onparcel

    SiteAdvantages

    Highw

    aterpressuretothearea

    SiteDisadvantages

    Inrastructuremayneedtobeextendedtosomeparcelsin

    thepark

    Comments

    #Suitedorindustrialanddistributioncenters

    requiring

    railacc

    ess.TheNorthValleyIndustrialCenteroers

    manuacturersparcelsromone-halto100acres

    with

    build-to-suitopportunities.Pricedveryaordably,

    the

    IndustrialCentereaturessiteslocatedwithintheEnterprise

    ZoneandRedevelopmentProjectArea.

    #Over2,00torontagealongAve.Gand00t

    rontag

    eonDivisionSt.

    Reerence#:NorthValleyIndustrialCenter

    Reerence#:PalmdaleIndustrialPark

    Location

    N.W.corneroSierraHwy.andAve.

    L-,

    Lancaster

    Contact

    PhilFridd-Lee&Associates1--

    12

    www.enterpriseindustrialpark.com

    ProjectStatus

    FirstPhasehasinrastructure;balanceundeveloped

    TotalAcreage

    acres(20acresdeveloped)

    APN:

    312-0

    0-0

    0;012

    AvailableAcreage

    Approximately0acres

    LotSizes

    312-0

    0-0

    0isa.acreparcel

    312-0

    0-0

    12isa21,31sq.

    t.

    lot

    Topography

    Flat

    CurrentZoning

    SpecicPlan#2-0

    1

    SiteAccess

    DirectaccessromSierraHighway

    DistanceromInterstate

    1.mirom1Fwy.

    RailAccess

    No

    ImprovementsinPlace

    AlloPhaseIwithpavedstreets,curbs,gutters,utilities

    SiteAdvantages

    ExposuretohightraccountsalongSierraHwy.,

    SiteDisadvantages

    Aportionotheparkislocatedina

    100yearfoodzone

    Comments

    .acresat$2.

    0/sq.

    t.

    totaling$

    ,213,0

    2

    21,31sq.

    t.

    lotsellingor$.0

    0/sq.

    t.

    totaling$1,

    00,2

    0

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    INdusTrIALPArK

    s

    WITH

    AVAILABLEL

    ANd

    Reerence#:NorthValley

    IndustrialCenter

    Location

    SouthoAve.H-,northoAve.

    IbetweenDivisionSt.and

    Southe

    rnPacicRailroad,

    Lancaster

    Contact

    Harvey

    Holloway1--2

    ProjectStatus

    ApprovedandrecordedTractMapincludespotentialor

    parcels

    averaging2.3acreseach.T

    M#13

    TotalAcreage

    acre

    s

    APN:

    313-0

    0-0

    2,

    030,03-01,03-03

    AvailableAcreage

    Yes

    LotSizes

    .-1.0

    3(contiguousacres)

    Topography

    Flat

    CurrentZoning

    Heavy

    Industrial

    SiteAccess

    Good

    DistanceromInterstate

    2.mi.

    rom1Fwy.

    RailAccess

    Yes

    ImprovementsinPlace

    Inrastructurelackinginsomeparts:TrevorAve.

    hasbeen

    pavedviaspecialimprovementdistrictprovided

    bytheCity

    SiteAdvantages

    Inrastructureclose,reducingcostodevelopment

    SiteDisadvantages

    Only

    lotswithrontagealongDivisionSt.

    Reerence#:NorthValleyIndustrialCenter

    Location

    SouthwestcorneroAve.HandDivisionSt.,

    Lancaster

    Contact

    HarveyHolloway,

    ColdwellBankerC

    ommercialValleyRealty

    1--2

    ProjectStatus

    ApprovedTractMap#11

    TotalAcreage

    .

    acres

    APN:

    AvailableAcreage

    Yes

    LotSizes

    .toacres;1lots

    Topography

    Flat

    CurrentZoning

    HeavyIndustrialSP#3-3

    SiteAccess

    VeryGood

    DistanceromInterstate

    2.mi.rom1Fwy.

    RailAccess

    Yes

    ImprovementsinPlace

    TrevorAve.pavedviaspecialimprovementdistrict

    SiteAdvantages

    SitelocatedintheEnterpriseZoneandRedevelopmentArea

    SiteDisadvantages

    OnlylotswithrontagealongDivisionSt.

    Comments

    Partoouradjoiningmaps

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    INdusTrIALPArK

    s

    WITH

    AVAILABLEL

    ANd

    Location

    N.W.corneroAve.Mand2ndSt.W

    est,Lancaster

    Contact

    ProjectStatus

    TractMap#02ordevelopmento30industriallots

    TotalAcreage

    20acres

    APN:

    AvailableAcreage

    Yes

    LotSizes

    .acres

    Topography

    Flat

    CurrentZoning

    LightIndustrial

    SiteAccess

    Excellent

    DistanceromInterstate

    1mi.rom1Fwy.

    RailAccess

    ImprovementsinPlace

    None

    SiteAdvantages

    Frontagealongmajorthoroughare

    SiteDisadvantages

    Reerence#11:UnnamedBusinessPark

    Reerence#10:FairviewIn

    dustrialPark

    Location

    N.W.corneroDivisionSt.andAve.

    H-,

    Lancas

    ter

    Contact

    ProjectStatus

    TractM

    ap#12

    TotalAcreage

    0acre

    s(2acresnet)

    APN:

    AvailableAcreage

    LotSizes

    1.0-3.2

    acres

    Topography

    Flat

    CurrentZoning

    Heavy

    IndustrialSpecicPlan#3.3

    SiteAccess

    VeryG

    ood

    DistanceromInterstate

    2.mi.

    rom1Fwy.

    RailAccess

    Yes

    ImprovementsinPlace

    Ave.H

    -andTrevorAve.bothpaved.

    SiteAdvantages

    SiteDisadvantages

    Comments

    Oneo

    ouradjoiningTentativeMapstotaling1

    0acres.Five

    legalparcelsincludingasmall2.acreparceland

    ourlarger

    parcels

    .

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    INdusTrIALPArK

    s

    WITH

    AVAILABLEL

    ANd

    Reerence#12:UnnamedB

    usinessPark

    Location

    NorthoAve.

    Mbetween3rd&thSt.West,Lancaster

    Contact

    ProjectStatus

    TractM

    ap#2

    TotalAcreage

    20acre

    s

    APN:

    AvailableAcreage

    Yes

    LotSizes

    .acreseach

    Topography

    Flat

    CurrentZoning

    LightI

    ndustrial

    SiteAccess

    Good

    DistanceromInterstate

    1mi.romFwy.

    RailAccess

    No

    ImprovementsinPlace

    None

    SiteAdvantages

    Frontagealongmajorthoroughare

    SiteDisadvantages

    Mapss

    cheduledtoexpire/

    Comments

    TractM

    apnotonAssessorsRecords

    Reerence#13:Pa

    rkOneIndustrialCenter

    Location

    SoutheastCorneroRanchoVistaBo

    ulevardandSierra

    Highway,

    Palmdale

    Contact

    FischerDevelopmentGroupat1-

    -

    2

    ProjectStatus

    AllBuildingsComplete

    TotalAcreage

    10

    APN:

    AvailableAcreage

    0

    LotSizes

    Vary

    Topography

    Flat

    CurrentZoning

    Industrial

    SiteAccess

    Excellent

    DistanceromInterstate

    Approximately1mile

    RailAccess

    No

    ImprovementsinPlace

    InrastructureandLandscapeComplete

    SiteAdvantages

    Locationatintersectionotwomajorthoroughares

    SiteDisadvantages

    Heavytracduringshitchange

    Comments

    LocatedwithintheEnterpriseZoneandPalmdaleForeign

    TradeZone.Thecenteriswithincloseproximitytomajor

    aerospacecompanies,U.S.

    Plant2,RailLinesandPalmdale

    RegionalAirport.ParkhasCC&Rs

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    INdusTrIALPArK

    s

    WITH

    AVAILABLEL

    ANd

    Location

    Generallyborderedby10thStW,AvenueP-1

    &Palmdale

    Blvd

    Contact

    CityoPalmdale

    ProjectStatus

    Mixed-useDevelopment:310acresIndust.;

    13acresRetail;

    1acresOce;2acresRecreational

    TotalAcreage

    310Acres

    APN:

    AssessorParcelMaps300-0

    ;300-0

    AvailableAcreage

    Lotsrangingrom100,000-

    00,000squareeet

    LotSizes

    Various

    Topography

    MinorGrade

    CurrentZoning

    SpecicPlanpermitsvariouscomme

    rcialand

    industriallanduse

    SiteAccess

    Excellent

    DistanceromInterstate

    StraddlestheFreeway

    RailAccess

    No

    ImprovementsinPlace

    Curb,

    Gutter,

    Roads,andUtilities

    SiteAdvantages

    UnmatchedFreewayaccessandvisib

    ility

    SiteDisadvantages

    Comments

    PublicincentivesavailabletoprojectincludeEnterprise

    Zone,ForeignTradeZone,RedevelopmentAgency,

    Business

    AttractionIncentiveProgramandAntelopeValleyAir

    QualityManagementDistrict.

    Currentlythereis21,3sqtomedicalocespaceunder

    variousstagesodevelopment.Additionally,

    thereisanother

    ,3sqtocommercialandindustrialspaceunder

    development.

    Reerence#1:Pa

    lmdaleTradeandCommerceCe

    nter

    Reerence#1:SierraBusinessPark

    Location

    Westsideo10thSt.WestatAvenueM-

    inPalm

    dale

    Contact

    Cityo

    Palmdale1-2-12

    ProjectStatus

    OceandIndustrialbuildingshavebeenconstructed

    TotalAcreage

    22

    APN:

    AvailableAcreage

    Yes

    LotSizes

    Averag

    e.acresperlot,2,0

    00squareeet

    Topography

    Flat

    CurrentZoning

    M1

    SiteAccess

    Good

    DistanceromInterstate

    1/to1/2Mile

    RailAccess

    No

    ImprovementsinPlace

    InrastructureComplete

    SiteAdvantages

    ClosetoFreeway

    SiteDisadvantages

    Single

    pointoentryatnon-s

    ignalizedintersection

    Comments

    Public

    incentivesavailabletoprojectincludingE

    nterprise

    Zone

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    INdusTrIALPArK

    s

    WITH

    AVAILABLEL

    ANd

    Reerence#1:AntelopeValleyBusinessPark

    Location

    S.E.cornero10thStreetWestandAvenueM,Palmdale

    Contact

    Cityo

    Palmdale/RedevelopmentAgency

    ProjectStatus

    Mixed-useDevelopment:.

    acresIndustrial;3.

    3acres

    BusinessPark;.3acresCommercial;and1.2acresStreets

    TotalAcreage

    120.2

    Acres

    APN:

    AvailableAcreage

    120.2

    Acres

    LotSizes

    Various

    Topography

    Flat

    CurrentZoning

    SpecicPlanpermitsvariouscommercialand

    industriallanduse

    SiteAccess

    Excellent

    DistanceromInterstate

    OneQuarterMile

    RailAccess

    No

    ImprovementsinPlace

    None

    SiteAdvantages

    Excellent

    SiteDisadvantages

    IntheFloodPlain

    Comments

    ApprovedSpecicPlan(12);FormerLuskBusinessPark

    purcha

    sedbytheCityin1or$1.

    M.

    Nodev

    elopmentas

    othis

    reportbuttheCityisindicatingdevelopm

    entothe

    projectinthenearurther.

    CityhasissuedanRFP.

    Reerence#1:Pa

    lmdaleBusinessPark

    Location

    SouthoAvenueM,

    EastoSierraHighway,

    Palmdale

    Contact

    CityoPalmdale/RedevelopmentAgency

    ProjectStatus

    Mixedusedevelopment

    TotalAcreage

    23.Acres

    APN:

    AvailableAcreage

    23.

    LotSizes

    Various

    Topography

    Flat

    CurrentZoning

    SpecicPlanpermitsvariouscomme

    rcialandindustrialland

    use

    SiteAccess

    Excellent

    DistanceromInterstate

    OneandOneQuarterMile

    RailAccess

    yes

    ImprovementsinPlace

    None

    SiteAdvantages

    Excellent

    SiteDisadvantages

    Comments

    Citypurchasedapproximately00acresromLockheed.

    Plan

    istodevelopaPowerPlantonpartoitwiththeremaining

    orindustrialuse.

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    INdusTrIALPArK

    s

    WITH

    AVAILABLEL

    ANd

    Reerence#1:FairwayBusinessPark

    Location

    Avenue0betweenthSt.WestandDivisionStre

    et

    Contact

    Cityo

    Palmdale

    ProjectStatus

    Ongoin

    gIndustrialPark

    TotalAcreage

    11

    APN:

    AssessorParcelMaps300-0

    ;300-0

    AvailableAcreage

    3.

    A

    cres

    LotSizes

    Lotsrangingrom100,000-

    00,000squareee

    t

    Topography

    Flat

    CurrentZoning

    Super

    LighttoHeavyIndustrial

    SiteAccess

    Excellent

    DistanceromInterstate

    Approximately1mile

    RailAccess

    No

    ImprovementsinPlace

    ClosetoFreewayandPalmdaleRegionalAirport;

    SeeComments

    SiteAdvantages

    Access

    totwomajorthoroughares

    SiteDisadvantages

    Norail

    Comments

    Public

    incentivesavailabletoprojectincludeEnt

    erprise

    Zone,F

    oreignTradeZone,RedevelopmentAgenc

    y,Business

    AttractionIncentiveProgramandSeparateAirQ

    uality

    ManagementDistrict.

    Variationsonewlyconstructed,state-o-t

    he-art

    buildings

    areava

    ilableintheParkorleaseorpurchase.Oeringa

    rangeozoningromsuperlighttoheavyind

    ustrial,

    theFairwayBusinessParkcanaccommodateusers

    anywh

    ererommedicaldevicewarehousingtoaerospace

    manuacturing.

    Curren

    tsellingpricerangesrom$.0

    0-

    $.

    0persq.

    t.

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    M A s T E r P A g E s O F A L L

    I N d u s T r I A L P r O P E r T I E s

    L a n c a S T e r S i n g L e - T e n a n T S

    L a n c a S T e r M u LT i - T e n a n T S

    P a L M d a L e S i n g L e - T e n a n T S

    P a L M d a L e M u LT i - T e n a n T S

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    ExIsTINg

    INdusTrIALBuILdINgs

    LancaSTerSingLe-TenanTproperTieS

    Number

    Street

    N

    o.o

    B

    ldgs

    No.o

    Units

    Total

    SqFt

    Available

    SqFt

    YearBuilt

    Bldg.&

    Clear

    Height

    Loading

    Doors

    Building

    Const

    Contact

    Inormation

    Comments

    APN#

    Fo

    XFieLdindUSTriaLcorridor

    4515

    RunwayDrive

    1

    1

    16,698

    0

    2006

    20

    (2)12x14

    TH14x18

    Tilt-up

    SCEGaskets

    FoxFieldBusinessPark

    1,00SFOce

    3105

    46905

    47thStreetWest

    1

    1

    241,935

    0

    2005

    12x10

    Steel

    SygmaCorp.

    3105

    3501

    WestAvenueH

    1

    1

    762,445

    0

    1998

    12x14

    Tilt-up

    Michaels

    1

    -1-3

    01

    3107

    2801

    WestAvenueH

    1

    1

    922,905

    0

    2001

    Na

    Na

    Tilt-up

    RiteAid

    RiteAidsDistributionCtr.

    3114

    2864

    WestAvenueF

    1

    1

    6,500

    0

    Na

    16

    (8)10x14

    14x22

    Steel

    Par

    ElectricalContractors

    3114

    45259

    23rdStreetWest

    1

    1

    600

    0

    1999

    Canopy

    SEREquipment

    Truckleasingwithenc

    edyard

    3114

    45310

    23rdStreetWest

    1

    1

    7,700

    0

    1982

    Na

    (3)10x12

    Blockront

    Steelback

    Lee

    &Associates

    1

    -31-3

    303

    3114

    45313

    23rdStreetWest

    1

    1

    7,807

    0

    1992

    Na

    None

    Block

    Mo

    tionIndustries

    3114

    45320

    23rdStreetWest

    1

    1

    480

    0

    2000

    Na

    Na

    Modular/

    Frame

    Car

    sonTrailers

    Largeenceyard

    3114

    45440

    23rdStreetWest

    1