FBE 391_Final Presentation

FBE 391_Final Presentation - Discovery Gateway Spectrum II...

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Discovery Gateway Spectrum II
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Valencia Northwestern region of Santa Clarita 30 minutes north of Los Angeles
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Valencia Population 42,000 residents 8.61% per year since 2000 Work Force 71% of 70,000 jobs within Santa Clarita Unemployment rate 4.40% Job growth 0.84% per year
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Valencia Retail Sales in 2006 (Santa Clarita) $2.5 billion Construction in 2006 (Santa Clarita) Non-residential permits $166.74 million 46% from 2005
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Valencia Real Estate Office vacancy rates 8% Industrial vacancy rates 6% Historical absorption rate 2,000-2,200 units per year (Santa Clarita) 3,506 foreclosures, 19,780 preforeclosures in 2007 (Santa Clarita)
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Brand new, state of the art offices Located in the Rye Canyon Business Park near the intersection of the I-5 and route 126 11.73 acre property 210,294 square feet divided into 45 separate condominium units Dock high loading doors Superior structural designs - metal roofs, steel and
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FBE 391_Final Presentation - Discovery Gateway Spectrum II...

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