📈 Market Overview
Calabasas, traditionally known for its residential appeal, has seen a notable uptick in industrial real estate activity. This shift is driven by:
- Limited supply of small-bay industrial spaces catering to local businesses and collectors.
- Strategic location with proximity to major freeways, facilitating efficient distribution and access.
- Zoning flexibility, allowing for a mix of industrial, commercial, and creative uses.
🏢 Corporate & Institutional Acquisitions
Captiva Partners Acquires $26.5M Industrial Portfolio
- Date: August 2025
- Details: Captiva Partners acquired a six-building industrial portfolio totaling approximately 107,000 square feet across 8.6 acres in Calabasas for $26.5 million. The properties, located at 23907–23947 Ventura Boulevard and 23930–23978 Craftsman Road, feature small-bay units ranging from 1,300 to 5,200 square feet. The acquisition underscores the strong demand for small-bay industrial properties in the area. Los Angeles Times
Gemdale USA Sells Office Building for $69.4M
- Date: February 2025
- Details: Gemdale USA sold the office building at 4500 Park Granada in Calabasas to a joint venture between Cross Ocean Partners and Palisade Group for $69.4 million. The 222,667-square-foot property was fully leased at the time of sale to seven tenants. Los Angeles Times
🏢 Significant Leasing Activity
Calabasas Commerce Center
- Location: 26025 Mureau Road, Calabasas, CA
- Available Space: 3,999 – 35,994 square feet
- Lease Rate: $2.40/sqft/month
- Details: The Calabasas Commerce Center offers flexible industrial space suitable for various uses, including warehousing and light manufacturing. Its strategic location and competitive lease rates make it an attractive option for businesses seeking space in the Calabasas area.
Liberty Canyon Tech Center
- Location: 27349 Agoura Road, Calabasas, CA
- Available Space: 29,306 – 54,532 square feet
- Lease Rate: $1.65/sqft/year
- Details: The Liberty Canyon Tech Center provides large industrial spaces ideal for tech and manufacturing companies. Its proximity to major transportation routes and amenities adds to its appeal for potential tenants.
🏗️ Development & Investment Trends
- Niche Developments: Projects like the Finish Line Auto Club, offering customizable garage condominiums for car collectors, highlight the diversification of industrial real estate in Calabasas. These developments cater to specific market segments, reflecting the area’s evolving industrial landscape.
- Institutional Interest: The acquisition of properties by institutional investors, such as Captiva Partners and Cross Ocean Partners, indicates a growing confidence in Calabasas’ industrial real estate market. These investments are expected to drive further development and attract additional institutional interest.
🔍 Conclusion
Calabasas is emerging as a noteworthy player in the Southern California industrial real estate market. The combination of strategic location, limited supply of small-bay spaces, and increasing institutional investment positions the area for continued growth, and worth considering for investment.
Take a look at Argossy’s Inventory of Industrial Properties