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Three Sale Closures in Santa Clarita Demonstrate a Strong Industrial Market

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Los Angeles, CA., December 29, 2021 – Colliers recently announced the closures of three industrial spaces in the Valencia neighborhood of Santa Clarita. Executive vice presidents Matt Dierckman, David Harding, Greg Geraci, and senior vice president Billy Walk arranged the transactions on behalf of their respective clients. 

Representing the buyer and seller in the transaction of 24907 Anza Drive, totaling 23,580 square feet, Colliers negotiated a total sale consideration of $5,200,000. Additionally, representing both parties, Colliers negotiated a $1,900,000 sale of the 6,766 square-foot space at 28307 Constellation Drive. The 5,244 square-foot property located at 28308 Constellation Drive reached a total sale consideration of $1,557,500, wherein Colliers represented the seller.  

“The Santa Clarita industrial market has emerged as one of the strongest in Southern California due to the strong demand for space combined with limited availability,” said Matt Dierckman. “The year-to-date total gross activity is 1.4 million square feet, and as a result, the vacancy rate is 0.6%, and the availability rate is 1.0%. A strong labor pool, great local amenities, ample housing, newer, more functional industrial product, and zero business or utility taxes have led Santa Clarita to be rated one of the best cities in the Los Angeles region for business. In response to the high demand, approximately 450,000 square feet of industrial buildings are currently under construction.” 

 

Media Contact: 
Leanne Daly 
PR & Communications Specialist | Southwest 
Leanne.Daly@colliers.com 
760-930-7941
 
 

About Colliers 
Colliers is a leading diversified professional service and investment management company. With operations in 66 countries, our more than 15,000 enterprising professionals work collaboratively to provide expert advice to real estate occupiers, owners, and investors. For more than 25 years, our experienced leadership with significant insider ownership has delivered compound annual investment returns of almost 20% for shareholders. With annualized revenues of $3.3 billion ($3.6 billion including affiliates) and $45 billion of assets under management, we maximize property's potential and accelerate the success of our clients and our people. Learn more at corporate.colliers.com, Twitter @Colliers, or LinkedIn


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Matt Dierckman

Executive Vice President

Los Angeles - Glendale

Matt Dierckman specializes in leasing, purchasing, and disposition of industrial real estate in the Greater San Fernando and Santa Clarita Valleys. Matt provides his expertise (and 20 years plus of experience in real estate) to the region’s largest institutional landlords, business owners, asset managers, and developers.

Matt is a member of the Society of Industrial and Office Realtors (SIOR) and with more than 3,400 members in 686 cities and 38 countries, SIOR represents today's most knowledgeable, experienced, and successful commercial real estate brokerage specialists.

Having grown up in the Santa Clarita Valley, and returning to raise his own family, Matt has a unique and deep knowledge of the market and vast relationship network of business owners and deal makers. Matt and his team (David Harding, Greg Geraci, and Billy Walk) regularly execute over 100 transactions per year and in 2020 represented over 140 transaction sides. By working together, the team enjoys a dominate presence in the market and produces superior results for their clients. Matt Dierckman is known for producing timely, win-win outcomes for his clients to which he has consistently received awards and recognition throughout his career.

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David Harding

Executive Vice President

Los Angeles - Glendale

David Harding is an Executive Vice President at Colliers and an industrial expert across the North Los Angeles market. David specializes in the leasing and sales of industrial properties. Alongside partners Greg Geraci, Matt Dierckman and Billy Walk, David works to problem solve for owners, developers, investors and tenants in today’s dynamic business landscape. 

With more than 30 years of experience, David has been involved in over 3,000 transactions, solidifying him as a valued advisor among his colleagues and within the brokerage community. His vast knowledge of the San Fernando Valley, Santa Clarita Valley, Simi Valley and Moorpark markets has played an instrumental role in bringing value to his clients. 

David is a forward and strategic thinker, providing his clients with the appropriate tools to make the best decisions throughout the negotiation process. He is adept at offering streamlined processes to assist in reconfiguring older industrial sites into value-add opportunities, as well as tenant and investment consultation encompassing new, state-of-the-art construction. 

A California native and UCLA graduate, David spent his entire real estate career at CBRE as an esteemed North LA market advisor before joining Colliers in 2021. He is also a dedicated member of the Society of Industrial and Office Realtors (SIOR) and Past President/16-year Board member of the American Industrial Real Estate Association (AIR). 

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Greg Geraci

Executive Vice President

Los Angeles - Glendale

With over 30 years of real estate experience, Greg Geraci, has distinguished himself as one of the most influential Industrial Property Specialists in the Greater San Fernando and Santa Clarita Valleys.  Greg also actively represents firms in cities throughout the U.S. and abroad.  He has contributed his negotiation and creative marketing expertise in many of the most significant transactions in the area.

Greg’s deep market knowledge, vast relationship network, and intense focus on producing superior client outcomes has made him a leading dealmaker with an enormous base of repeat and new business. Greg and his partners, David Harding, Matt Dierckman, and Billy Walk, regularly execute over 100 transactions per year (in 2019 they represented 113 clients).   By working together, their team enjoys a dominant presence and awareness in the market.

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Billy Walk

Senior Vice President

Los Angeles - Glendale

With nearly 20 years of professional experience, Billy Walk is a top producer on one of the most prolific industrial specialty teams in the San Fernando and Santa Clarita Valleys. Business generation, tenant, buyer, and landlord representation are among the many roles he serves on the team. Clients rely on Billy for individually tailored solutions to their real estate needs – and he consistently delivers this with speed, astuteness, and integrity. 

Billy’s approach when representing his clients is responsive, aggressive, analytical, and is always in the best interest of his clients’ long-term business goals.  When representing tenants and buyers, he is an expert at finding facilities that are both efficient and cost effective for businesses. When representing landlords, asset managers, and developers, he pulls from his deep market knowledge to provide a competitive edge in positioning properties for maximum exposure and quick results.

Billy and his team (David Harding, Greg Geraci, and Matt Dierckman) regularly execute over 140 transactions per year (in 2019 they represented 113 transaction sides). By working together, the team enjoys a dominate presence in the market and produces superior results for their clients.

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Leanne Daly

PR & Communications Specialist

Carlsbad

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