Hanover Co., Crow Holdings Capital to Develop 200,000 SF Industrial Project in Simi Valley, California
Why this matters
Industrial has moved into a normalization phase after the 2020-2023 frenzy. Vacancies are up modestly, sublease space remains a watch item in the big-box logistics segment, and rent growth has shifted from double-digit to mid-single-digit. The long-term tailwinds — nearshoring, e-commerce penetration, infill scarcity — remain intact. Institutional capital is calibrating between core income and value-add basis plays as the cycle matures.
Editorial analysis · Real Estate Trail Editorial
SIMI VALLEY, CALIF. — Hanover Co., with Crow Holdings Capital as capital partner, is developing a ground-up industrial project on a 13-acre site at 903 Quimisa Drive in Southeastern California in Simi Valley. The 200,…
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