SCVEDC Honors Power Brokers of 2023 in Commercial Real Estate

Written by Santa Clarita Valley EDC | Jun 13, 2024 4:53:30 PM

Congratulations to the Top 25 Power Brokers!

The Santa Clarita Valley Economic Development Corporation (SCVEDC) invests not just in growing our local businesses but attracting great companies to the region with a focus on industries that provide our residents with high-quality, high-paying jobs.

Bringing businesses to our community takes a combined effort from the SCVEDC and our partners in economic development, and of course, from the dedicated commercial real estate brokers who work tirelessly to get these businesses set up at the right location that works for them. Each year we recognize the top commercial real estate brokers active in the Santa Clarita Valley whose efforts contributed the most economic impact. This years list features many returning faces as well as some new ones!

The Power Brokers of 2023 hail from seven commercial real estate companies based both in and outside the Santa Clarita Valley that represented transactions in the SCV. The top brokers logged transactions with a total footage of over 5.1M Square Feet (SF) between them, across 390 different deals. Their success reflects that the Santa Clarita Valley is a destination for a growing number of businesses looking for land, modern facilities and a business-friendly environment.

Alongside the Power Brokers SCVEDC also selects a "Transaction of the Year", with this year's winner going to the sale of the Valencia Town Center to Centennial Commercial Real Estate in September 2023. Centennial owns or operates more than 21 million square feet of retail and mixed-use destinations in 17 states. The City of Santa Clarita, along with input from the SCVEDC, Chamber of Commerce, local development professionals, commercial brokers, and our community, put together the Town Center Specific Plan (TCSP) - DRAFT. Per their April 2024 version of the TCSP... "The explicit intent of the TCSP is to ensure that a balanced mix of uses is developed within the Specific Plan Area (SPA). Residential and non-residential uses must be provided in lock-step, with projects providing combinations of retail, dining, entertainment, hospitality, commercial, and residential uses on an ongoing basis as new development and redevelopment occurs within the SPA". The final version will be used to inform Centennial with a "place-making framework" of what the community would like to see in the re-development of the Valencia Town Center and SPA area.

SCVEDC and the brokerage community enjoy a natural partnership. From co-marketing and assisting in removing administrative hurdles to providing incentives, the Santa Clarita Valley Economic Development Corporation offers brokers a one-stop resource center. Our free Site Selection Tool allows brokers, business owners, or entrepreneurs to see in real time what facilities are available for lease or sale (office, retail, industrial, etc.).

READ ON: SCVEDC offers downloadable data on our website for commercial brokers (Broker Portal)

When a company selects a new site location, they not only look at concrete features such as space, facilities and growth opportunities, but also at economic and demographic attributes such as the labor pool, population characteristics, prevailing salaries and educational resources. SCVEDC provides authoritative data by working with top researchers and data providers in the field of economic development. We release annual forecasts and monthly updates as well as provide project-based regional data to help companies and brokers close the deal.

Congratulations to all of the 2023 Power Brokers for another incredibly successful year!

The Santa Clarita Valley Economic Development Corporation (SCVEDC) is a unique private / public partnership representing the united effort of regional industry and government leaders. The SCVEDC utilizes an integrated approach to attracting, retaining and expanding a diversity of businesses in the Santa Clarita Valley, especially those in key industry clusters, by offering competitive business services and other resources.

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