|
• US Storage Centers Buys 649-Unit Self-Storage Facility in Bakersfield
11/04/19
US Storage Centers has acquired a 649-unit, 118.6k sf self-storage facility in Bakersfield. The property is located at 3813 Mesa Grande St, adjacent to the California State Route 99 Fwy.
The facility features climate-control...
|
• Simi Valley Industrial Facility Goes for $11 Mil
10/28/19
A highly-improved 60.4k sf, R&D building in Simi Valley traded for $11 mil ($183/sf). The property is located at 685 E Cochran St, east of Madera Rd and just south of the 118 Fwy.
Built in 1986, the two-story property featur...
|
• Rexford Industrial Realty Spends $76 Mil on Trio of SoCal Industrial Assets
10/08/19
Rexford Industrial Realty has acquired three SoCal industrial properties for $76 mil. The purchases were funded using cash on hand.
In the largest deal, Rexford acquired Slauson Commerce Center, located in City of Commerce w...
|
• Penwood Real Estate Buys 55k sf Industrial Facility in Ventura County
10/04/19
Penwood Real Estate Investment Management paid $8 mil for a 55.2k sf ($145/sf) industrial building in the Conjeo Valley city of Moorpark. The property, located at 5155 Goldman Ave, is fully occupied by a single user, QEP Co I...
|
• Investment Venture Gets to Think Here
9/16/19
Think Here, a 161k sf, two-building Life Science/R&D office campus in Thousand Oaks, was acquired by a venture of Singerman Real Estate LLC and HATCHspaces LLC. The price was not disclosed.
The property is comprised of two b...
|
• Office Asset in Ventura County Sells
9/12/19
Marin Corporate Center, a 50.2k sf office campus in the Thousand Oaks submarket of Ventura County, sold for for $9.25 mil, or $184/sf.
The property, which was about 50% occupied at the time of sale, is located at 501-509 Ma...
|
• Investor Picks Up 106k sf Building in Goleta
8/23/19
A local investor purchased a 106.3k sf building on 6.9 acres in Goleta. Although the closing price was not released, we do know that the offering was listed for $35.5 mil, or $334/sf.
The facility, located at 6300 Hollister...
|
• Single-Tenant LA Fitness Property in the Conejo Valley Gets a New Owner
8/23/19
AHS Property Inc acquired a 37.3k sf building leased to LA Fitness in the Conejo Valley community of Newbury Park. The single-tenant, leased investment property is located at 3057 Grande Vista Drive.
Although the final sales...
|
• Conejo Valley Industrial Facility Refinanced with New Loan for $12 Mil
8/20/19
Nearon Enterprises has refinanced Princeton Industrial, a 144k sf, single-tenant industrial property in Moorpark, with a new loan for $12 mil. The property is 100% occupied by AeroVironment Inc, a $1.3-billion manufacturer of...
|
• Commercial Real Estate Financing Briefs
8/13/19
MERIDIAN CAPITAL GROUP - Seth Grossman, Steven Adler and Jackie Tran with Meridian Capital Group arranged $23.1 mil in acquisition financing for the purchase of the Hilton Garden Inn San Diego Mission Valley Stadium hotel. Lo...
|
• Neighborhood Center in the Conejo Valley Trades for $18 Mil
8/12/19
Conejo Gateway, a 47.3k sf neighborhood retail center in the Conejo Valley, sold for $18 mil ($380/sf). The center is located at 701 Wendy Dr, just off the 101 Fwy in the Newbury Park area of Thousand Oaks.
The neighborhood ...
|
• Tire Wholesaler Buys Ventura County Industrial Facility
6/19/19
Big Brand Tires purchased a 69.9k sf industrial building in the city of Moorpark in a $10.225 mil ($146/sf) transaction. Big Brand, a tire wholesaler, will fully occupy the property, located at 14401 Princeton Ave.
The build...
|
• Majestic Asset Management Closes $18 Mil Office Buy in Westlake Village
6/14/19
Westlake Plaza Centre 2, an 84k sf office building in Westlake Village, was acquired by Majestic Asset Management and The Johnston Group in an $18.25 mil deal. The property was sold by Kilroy Realty Corporation.
The building...
|
• Santa Maria Res Development Refinanced with $35 Mil Take-Out Loan Prior to Completion
6/03/19
Dynamic Development Company has financed Refugio Apartments, a 125-unit luxury townhome rental community in Santa Maria, with a take-out loan of $35 mil. The refi, arranged by JLL Capital Markets and provided by Annaly Capita...
|
• Strategic Office Partners Purchases Conejo Valley Office Asset for $41 Mil
5/31/19
Strategic Office Partners has acquired Conejo Corporate Campus, a 196k sf office campus in Thousand Oaks, for $41.35 mil ($211/sf). The property, located at 2380 and 2400 Conejo Spectrum St, was sold by Harbor Associates and ...
|
• Cleveland Investment Entity Pays $196/sf for Camarillo Office Property
5/20/19
An investment firm out of Cleveland, OH paid $15.6 mil for Mission Oaks Business Park, a 79.5k sf ($196/sf), multi-tenant office building in Camarillo. The building sits on 4.27 acres at 5141-5171 Verdugo Way, north of the 10...
|
• Simi Valley Development Land Trades for $18.5 Mil
4/30/19
A Newport Beach-based developer paid $18.5 mil for a 12.83-acre mixed-use development site in Simi Valley. The property, located at 3039-3041 Cochran St, was formerly occupied by Farmers Insurance headquarters and features va...
|
• Two Firms Ink Leases for Renovated 100k sf Facility in Thousand Oaks
4/02/19
We’ve got a couple of recent lease signings totaling about 100k sf to report at Conejo Corporate Campus in Thousand Oaks. These latest deals were with SAGE Publishing, an independent publishing company founded in 1965 in New ...
|
• Invoca Relocates into Larger 28k sf Office Space in Downtown Santa Barbara
3/25/19
Software company Invoca recently leased a 27.8k sf building at 419 State St in downtown Santa Barbara. The move marks a significant expansion from the firm’s former 14.7k sf office at 1025 Chapala St.
Francois DeJohn, Steve...
|
• Agora Realty & Management Picks Up 34k sf Shopping Center in Thousand Oaks
3/01/19
Agora Realty & Management has acquired Office Depot Plaza, a 33.7k sf shopping center in Thousand Oaks, for $14.44 mil ($429/sf). The property is located at 11-25 E. Hillcrest, north of the 101 Fwy and just east of Moorpark R...
|
Return to the Southern California - Ventura County area
