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January 20, 2022
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VENTURA COUNTY NEWS
Archive
1  | 2  | 3  | 4  | 5  | 6  | 7  | 8  | 9  | 10  ...  23
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• Amstar and Searles Property Group Spend $80 Mil on Conejo Valley Office Complex
7/27/21
Amstar and Searles Property Group teamed up in the purchase of Westlake Park Place, a five-building, 239k sf office campus in Westlake Village, for $80.8 mil ($338/sf). Delivered in 2008, Westlake Park Place is among the ne...
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• Westcore Nabs 117k sf Warehouse Building in Camarillo
7/26/21
Westcore has acquired a 117.3k sf warehouse building in Camarillo for $20 mil ($170/sf). The property, located at 201 Flynn Rd, was sold by SoCal-based Decker-Goetsch Properties. The highly functional industrial building, w...
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• Fresh Patch Gets a Fresh Distribution Facility in Oxnard
7/20/21
Fresh Patch purchased a 14.2k sf industrial building in Oxnard for $2.675 mil, or $188/sf. Fresh Patch, a manufacturer and distributor of one-of-a-kind pet products, including dirt-free real grass patches, was looking to expa...
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• Stos Partners Buys Simi Valley Industrial Property
7/12/21
Stos Partners purchased a 125k sf, multi-tenant industrial property in Simi Valley for $20 mil ($160/sf) in an off-market transaction. The property, located at 2320-2380 Shasta Way, is 94% leased to a diverse base of several ...
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• Meissner Filtration Products Buys 30k sf Ventura County Facility
6/16/21
Meissner Filtration Products Inc purchased a recently vacated, 30.9k sf office/flex building in Camarillo for $4.925 mil ($159/sf). The property is located at at 975 Flynn Rd, within the Flynn Road industrial area, which was ...
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• Stream Realty Partners and QuadReal Property Group Start Work on 344k sf Industrial Complex in Simi Valley
5/26/21
Stream Realty Partners and joint-venture partner QuadReal Property Group are set to commence construction on Tapo Canyon Commerce Center, a fully entitled, 344k sf five-building industrial complex in Simi Valley. The project ...
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• Ventura County Multifamily and Industrial Markets Enjoying Strong Demand While Office and Retail Markets are Struggling
5/14/21
This report was provided by NAI Capital A year into the pandemic, Ventura County commercial real estate markets continued to diverge. Vacant multifamily housing units and industrial space declined by double digits over the p...
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• Majestic Asset Management Buys 66k sf R&D/Industrial Campus in Goleta
5/06/21
A three-building, 66.4k sf, office/R&D/industrial campus in Goleta was recently purchased in an off-market transaction by Majestic Asset Management. The asset was part of a portfolio of commercial properties managed by The To...
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• IMT Capital LLC Buys 10-Acre Dev Site in Thousand Oaks
4/29/21
IMT Capital LLC purchased a 10+ acre, 440k sf development site in Thousand Oaks. Located at 339 Hampshire Rd, the property has a corner location with accessibility from U.S. Highway 101. IMT Capital plans to convert the site...
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• Thousand Oaks Lease by Karting Operator Speeds Up Industrial Activity in the Conejo Valley
4/20/21
K1 Speed, the world’s largest electric indoor karting operator, inked a 10-year, $7.5 mil lease for a 50k sf ($1.25/sf/mo) industrial building in Thousand Oaks. The one-story structure is located at 770 Lawrence, north of the...
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• University of California, Santa Barbara Starts Work on $78 Mil Classroom Building
4/06/21
C.W. Driver Companies, a premier builder that celebrated its 100-year anniversary in 2019, today broke ground on the construction of a new four-story classroom building at the The University of California, Santa Barbara (UC...
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• Single-Tenant Property in Camarillo Gets New Owner in $6.5 Mil Deal
4/06/21
A 40k sf, single-tenant property in Camarillo sold for $6.5 mil ($162.50/sf). The property, situated on 2.12 acres at 1040 Avenida Acaso, is leased to Infab Intermediate Holdings LLC, a manufacturer and worldwide distributor ...
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• Simi Valley Industrial Facility Traded for Just Under $6 Mil
3/24/21
A SoCal-based investor acquired a two-story, 30.8k sf Class A industrial property in Simi Valley for $5.9 mil ($192/sf) in a sale/leaseback deal. The property is located on 1.47 acres at 2250 Agate Court, west of First St a...
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• Former Retail Anchor Building in Santa Barbara is being Repositioned as Office Space
3/22/21
Pacific Retail Capital Partners is repositioning a former Macy’s anchor building at its Paseo Nuevo Shopping Center in Santa Barbara as office space. The structure, located at 701 State St, has been named the Ortega Building....
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• Westlake Village Smart & Final Sells for $22.5 Mil
3/19/21
A 50.2k sf, NNN-leased Smart & Final grocery store in Westlake Village sold for $22.525 mil, or $448/sf. The asset is located within the Westlake Village Marketplace shopping center, across the street from Westlake Business P...
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• Local Investor Spends Over $2 Mil on Ventura Office Building
3/17/21
A local private investor paid $2.05 mil for a 7.3k sf office building in Ventura. The property, located at 4591 Market St, ws sold by County Schools Federal Credit Union (CSFCU) who also currently occupies the property. The ...
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• GSA Leases an 18k sf Office Building in Camarillo
3/11/21
The federal government’s General Services Administration agency recently inked a lease for an 18k sf office building in Camarillo. The 15-year deal has a total value of $10.7 mil, which works out to around $3.30/sf/mo. The ...
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• Camarillo Office Building Purchased for $9.9 Mil
1/26/21
A Los Angeles-based private investor bought a 41.3k sf, fully leased office building in Camarillo for $9.9 mil ($240/sf) as part of a 1031 exchange. Approximately 85% of the property is leased by a government-backed tenant. ...
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• Simi Valley Office Building Sells for $30 Mil
1/11/21
Top Terraces Inc paid $30 mil for a 206.9k sf ($145/sf) office building in Simi Valley. The property is 100% net-leased to Bank of America N.A. Situated on over 12.5 acres, the two-story building, located at 450 America St,...
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• Majestic Asset Management Closes $13 Mil Office Buy in Goleta
12/23/20
Majestic Asset Management Inc recently purchased 120 Cremona Drive, a 58k sf, multi-tenant office/R&D building in Goleta, for $13.125 mil in an off-market transaction. The seller was EastGroup Properties. Centrally located ...
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