Jensen Infrastructure acquires 100-acre Lancaster site for $46M to build manufacturing facility
Jensen Infrastructure acquired a 100-acre site in Lancaster from Northpoint for $46 million, with JLL advising the buyer. The site will be developed into a 400,000-square-foot regional manufacturing facility for precast concrete materials used in infrastructure projects.
Counterparts (3)
Deal Analysis
- Acquisition of 100-acre site for $46 million.
- Development of a 400,000 sq ft manufacturing facility.
- Focus on precast concrete materials for infrastructure projects.
- JLL advised the buyer, Jensen Infrastructure.
Source Intelligence
Jensen Infrastructure changed its name from Jensen Precast in 2025: "Following our name change from Jensen Precast to Jensen Infrastructure in 2025". Jensen Infrastructure was founded in 1968: "a leading provider of construction and engineering solutions since 1968". Construction is scheduled to begin in the first quarter of 2026: "Construction will begin in the first quarter of 2026". The facility will be a "precast concrete facility": "This new facility will be the highest state-of-the-art precast concrete facility in the United States". The facility will serve "all of Southern California and portions of Nevada": "When complete, the facility will serve all of Southern California and portions of Nevada.". The site is located in the "Fox Field Industrial Corridor Specific Plan area with immediate access to State Route 14 Freeway": "The site at 30th Street and Avenue G is ideally located in the Fox Field Industrial Corridor Specific Plan area with immediate access to State Route 14 Freeway."
"JLL has announced that Jensen Infrastructure, a leading provider of construction and engineering solutions since 1968, has acquired a 100-acre site"
"has acquired a 100-acre site located at the northeast corner of 30th Street and Avenue G in Lancaster from Northpoint for $46 million."
"JLL has announced that Jensen Infrastructure"
"Proficiency Capital has been retained by Jensen Infrastructure to develop a new 400,000-square-foot regional manufacturing facility."
"Fullmer Construction is serving as the general contractor."
"Benjamin A. Goodnow, managing partner, 3G Capital Partners, who is providing the development financing."
Global Infrastructure Sherpa