LOS ANGELES – Transwestern Development Company (TDC®) announces the groundbreaking of its new 98,850-square-foot industrial facility, Legacy at Palmdale, located in the Fairway Business Park on Legacy Lane in Palmdale, California.
“We welcome Transwestern Development Company’s first endeavor in Palmdale,” said Mayor Laura Bettencourt. “This project aligns with the City’s commitment to economic vitality, innovation and job creation.”
Legacy at Palmdale will be developed on two parcels totaling just under 5 acres on Legacy Lane, south of West Avenue O. The facility will include cutting-edge building features such as 32-foot clear heights, 15 dock-high doors, grade-level loading, an ESFR sprinkler system and 5,000 square feet of office space.
Located east of Highway 14, Legacy at Palmdale offers exceptional transit options. The site is just south of Palmdale Regional Airport, and the highway provides direct access with on/off ramps at Rancho Vista Boulevard and Avenue N.
“Palmdale is the hub of investment and growth,” said District 1 Councilmember Austin Bishop. “Our business-friendly environment, geography, qualified workforce, affordable living, and quality of life are attractive to a diverse range of industries, and we know this facility will attract only the best tenants.”
“Transwestern is excited to work with the City and their professional development team to bring the first of many projects to Palmdale,” added John Privett, Partner at TDC. “The City’s streamlined process, strong labor pool and abundant surrounding amenities make Palmdale an attractive location for investment.”
Transwestern’s Development Manager Nick Borzi, Sr. Development Manager Scott Heaviside, and Sr. Vice President of Construction Tim Stuchly oversaw the development of the project.
CBRE’s Craig Peters and Richard Ramirez are leasing the property.
Currently, TDC has 25 industrial projects totaling 14.2 million square feet in pre-development, under construction, lease-up, or in stabilization across the country.
Images are available for download here.
About Transwestern Development Company
Transwestern Development Company (TDC®) creates value through the execution of development projects for itself, its partners and valued clients throughout the United States. Part of the Transwestern companies, the diversified business develops logistics, multifamily, office, mixed-use and healthcare properties, with a pipeline of projects in process or completed since 2012 exceeding $9.07 billion.
The privately held Transwestern companies have been delivering a higher level of personalized service and innovative real estate solutions since 1978. Through an integrated, customized approach that begins with good ideas, the firm drives value for clients across commercial real estate services, development, investment management, and opportunistic endeavors for high-net-worth investors. Operating from 33 U.S. offices, Transwestern extends its platform capabilities globally through strategic alliance partners whose unique geographic, cultural, and business expertise fuels creative solutions. Learn more at transwestern.com and @Transwestern.
Media Contact:
Molly McMurtry
713.231.1571
molly.mcmurtry@transwestern.com
twmediarelations@transwestern.com
