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Large blocks of SCV commercial space leased

Posted: August 9, 2012 2:00 a.m.
Updated: August 9, 2012 2:00 a.m.
 

Colliers International announced two leases representing nearly 200,000 square-feet of space in Santa Clarita.

The leases represent the renewal of space for an existing company and the introduction of a new company to the region.

Arvato Digital Services, a subsidiary of Bertelsmann AG, which is a German publishing giant, renewed its lease for a 165,141-square-foot industrial property located at 29011 Commerce Center Drive in the Valencia Commerce Center. The five-year lease is valued at more than $6.3 million.

Craig Peters of CB Richard Ellis represented the landlord, Sares-Regis Group. Arvato was represented by John DeGrinis, Patrick DuRoss and Jeff Abraham of Colliers International.

The second commercial property, located at 28656 and 28662 The Old Road in Valencia, was leased to Sky High Sports. The lease, valued at $2.4 million, is for a 34,000-square-foot property.

The landlord was represented by Dennis Verner of SCV Commercial Real Estate Services. DeGrinis, DuRoss and Abraham represented the tenant.

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