DAUM Commercial Real Estate Services finalized the $14.4-million sale of an 87,598 square-foot former university campus on approximately 6.4 acres in the Los Angeles County city of Lancaster. VP Dennis Marciniak represented the seller, University of Antelope Valley, LLC. The buyer, 44049 Sierra Hwy Propco, LLC, acquired the vacant campus with plans to reposition the property as a regional hub for community and social services in partnership with Los Angeles County.
According to Marciniak, the property was originally developed as a hotel before being converted into the campus of the University of Antelope Valley, a private university that operated there until closing in 2024. Marciniak also represented the university when it first acquired the property.
“Having represented the University of Antelope Valley when it first acquired this campus, I understood not only the property’s history but also its long-term potential,” says Marciniak. “Its flexible layout, existing infrastructure and zoning made it well suited for another mission-driven use.”
