DrinkPAK expands in Santa Clarita with 193K sf industrial lease

DrinkPAK, a maker of canned beverages ranging from coffee to cocktails, has inked a lease for two industrial buildings in Santa Clarita.

The contract manufacturer, based in the city, has leased 193,000 square feet at the Center at Needham Ranch at Needham Ranch Parkway and Sierra Highway, in Newhall, the Commercial Observer reported.

The lease will expand the firm’s footprint to 965,000 square feet at the industrial park near Highway 14, a mile north of Interstate 5.

The 1.7 million-square-foot Center at Needham Ranch, a joint venture between Dallas-based Trammell Crow and Clarion Partners, based in New York, is now fully leased ahead of its completion this year. Its tenants include Amazon.com and LA North Studios.

The 250-acre industrial park, which broke ground in 2017, has 11 Class A industrial buildings and four parking and outdoor storage lots.

DrinkPAK first signed for 172,300 square feet in Building 2 at Needham Ranch in October 2020, then added 400,100 square feet in Buildings 3 and 4 in April 2021, followed by 198,451 square feet in Building 14.

It now has 1.2 million square feet of manufacturing plants and warehouses across 41 acres in Santa Clarita, northeast of Los Angeles, according to its website.

Nate Patena, CEO of DrinkPAK, said the company has more than 500 employees and produces more than 2 billion cans each year, making its Santa Clarita facilities the largest canned beverage contract manufacturing site in the western U.S.

Trammell Crow’s John Balestra said the local industrial market has had record-low vacancy rates since Trammell Crow broke ground, mostly because of high land costs, entitlement challenges and soaring construction costs for developers in the San Fernando Valley infill market.

Brokers Patrick DuRoss, John DeGrinis and Jeff Abraham of Newmark represented DrinkPAK. Craig Peters, Cameron Merrill and Doug Sonderegger of CBRE were the leasing agents for the Center at Needham Ranch.

— Dana Bartholomew