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Monday, Jul 22, 2024

Sinclair Printing Sells Palmdale Warehouse for $15 Million

Sinclair Printing has sold an industrial warehouse in Palmdale for $15 million. Greenlaw Partners acquired the 130,392-square-foot Antelope Valley property, located at 600 W. Technology Drive. Greenlaw has secured a tenant for the building. A previous story by the Business Journal identified the tenant as Amazon.com, Inc., which plans to establish a Delivery Services Partners center at the facility. Delivery Services Partners is a program which the e-commerce giant launched in 2018. It sees a logistics company partner lease Amazon-branded vans and hires its own drivers to deliver packages. Situated on 8.7 acres, the 1998-built asset features ample warehouse space, 15,000 square feet of office space, a conference room and overflow storage space. The structure features 28-foot clear heights, four dock-high loading doors and refrigeration. It was previously occupied by SST Technologies. Dennis Marciniak and Larry McEwan of Daum Commercial Real Estate Services brokered the property’s sale.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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