Reno-based Jensen Infrastructure is planting a major flag in the Antelope Valley, buying roughly 100 acres in Lancaster for a new 400,000-square-foot manufacturing and precast facility the company says will serve Southern California and parts of Nevada. The site, at the corner of 30th Street and Avenue G inside NorthPoint's Fox Field industrial corridor, traded for about $46 million. Construction is scheduled to begin this quarter, with turnover targeted for March 2027. Jensen has engaged Proficiency Capital to develop the build-to-suit and Fullmer Construction as general contractor.
Project team and deal
JLL represented Jensen in the land purchase and NorthPoint sold the site, according to local reporting. Proficiency Capital will develop the 400,000-square-foot build-to-suit, 3G Capital Partners is providing development financing, and Fullmer Construction will serve as general contractor, per Commercial Observer. The move follows Jensen's rebrand from Jensen Precast to Jensen Infrastructure last year as the firm expands its manufacturing footprint.
Site and logistics
The parcel sits at the northeast corner of 30th Street and Avenue G within the Fox Field Commerce Center, putting the site near State Route 14 and William J. Fox Airfield, factors that matter for heavy precast production and trucking. Park marketing and local brokers emphasize drayage routes to the ports and large, yard-friendly pads, as described by CommercialSearch and the Fox Field Commerce Center. For a manufacturer that needs outdoor laydown and truck circulation, that kind of space is hard to find closer to central Los Angeles.
Market context
Greater Los Angeles recorded about 5.8 million square feet of industrial deliveries in 2025 and had roughly 4.2 million square feet underway at year-end, according to industry reporting and data. A Yardi Matrix industrial report shows the metro's vacancy near 8.5 percent with average industrial rents around $15.54 per square foot, conditions that continue to push certain users to lower-cost land on the region's periphery. Those dynamics help explain why build-to-suit and yard-heavy projects are moving into places like the Antelope Valley.
What company leaders say
Eric Jensen called the acquisition "a major step" as the company scales up its capabilities, and Proficiency Capital described the planned facility as "state-of-the-art," per CityBiz. JLL's Hunter McDonald, who represented the buyer, added that Lancaster's pro-development posture and logistical proximity to Los Angeles influenced Jensen's choice, as reported by industry outlets. The company says the plant will allow it to better serve regional infrastructure projects while reducing long hauls for heavy pieces.
What’s next
Groundbreaking is expected this quarter with completion slated for March 2027 and financing reportedly in place. Brokers will be watching whether Jensen can move quickly through permitting and site infrastructure work on the 100-acre pad as new supply and rents continue to reshape industrial decisions on the edge of the LA market, per CommercialSearch.
