Developer lands permits for 8M sf of warehouses in Palmdale
The Antelope Valley Commerce Center has landed entitlements to build 8 million square feet of warehouses in Palmdale. Combined with previous entitlements for 1.4 million square feet, the development now has a master-planned project in two parts, called AVCC East and AVCC West, with 9.4 million square feet on 510 acres, the Los Angeles Times reported. Total buildout will cost in excess of $1.2 billion. The development can accommodate single buildings as large as 2 million square feet, according to developer Covington Group. The industrial park is located at the corner of Sierra Highway and Avenue M. AVCC benefits from […]This article originally appeared on The Real Deal. Click here to read the full story.
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