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.