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Katell Announces New Phases for Technology Park

February 05, 1989

The Katell Properties/CalFed Enterprises partnership has announced new phases in the development of the 28-acre Valencia Technology Park, adjacent to Interstate 5 at the California 126 off-ramp and the largest mixed-use park in the Valencia Industrial Center.

Katell/CalFed has completed construction of an $8.7-million manufacturing/distribution facility at the site and will break ground this month and next on two additional projects.

Ground will be broken this month for a $4.5-million, one-story headquarters and manufacturing facility for Paragon Precision Products. A $1.6-million, 23,500-square-foot facility for GG Industries will get under way in February.

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