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CBRE Arranges $33 Mil in Construction Money for Ventura Res Project 12/10/14 CBRE Capital Markets’ Debt & Structured Finance team has secured a $33.1 mil construction loan for Parklands Apartments, a 173-unit, Class A apartment development in Ventura.
The borrower is BAJO Ventura LLC, an entity owne...
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Gym Chain Inks Lease for 20k sf Location in the Conejo Valley 12/08/14 In a recent retail lease comp from the Conejo Valley, Fitness 19 inked a 10-year deal for 19.7k sf of space at Camarillo Plaza, a 74.1k sf shopping center in Camarillo. The deal value was not given out.
Located on the northe...
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Conejo Valley Industrial Sale Tops $54 Mil 12/01/14 We’ve learned of a major industrial property sale in the Conejo Valley city of Camarillo as Mission Oaks Corporate Center, a two-building, 732.6k sf complex, sold for $54.5 mil, or $74 per square foot. The buildings were sold...
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Walls Tilted on Ventura County Industrial Development 11/04/14 In development news out of Ventura County, the walls were just tilted on a 92.7k sf industrial building under construction in Camarillo. The project, called Camarillo Airport Business Center, is the only industrial building c...
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CBRE Arranges $30 Mil in Construction Money for Ventura Res Development 11/04/14 Ventura Heritage Corp has obtained a $30.6 mil construction loan for Island View Apartments, a 154-unit, Class A apartment development in Ventura. Construction of the development, which is located at Victoria Ave and 8th St i...
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Barker Pacific Group and Rockwood Capital Acquire Westlake Village Office Project 10/30/14 A joint venture between Barker Pacific Group (BPG) and Rockwood Capital has purchased Westlake Spectrum, a two-building Class A office project situated in the Conejo Valley city of Westlake Village. The property was sold by T...
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Three SoCal Marriott Hotels Sold Out of Receivership 10/21/14 Three Marriott hotel properties in Thousand Oaks and San Luis Obispo just sold, in transactions that completed the disposition of a five-hotel portfolio. The properties were transferred in receivership sales handled by San Di...
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Pacific Southwest Realty Services Arranges Refi Money on Camarillo Shopping Center 10/20/14 Ted Willis in Pacific Southwest Realty Services’ Los Angeles office, has arranged a $5.5 mil refi loan on Santa Rosa Plaza, a 59k sf neighborhood shopping center in Camarillo.
Built on 4.45 acres in 1980, Santa Rosa is book...
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HFF Arranges $10 Mil on San Luis Obispo Manufactured Home Community 10/10/14 HFF has arranged $10 mil in financing for Creekside Community, a 217-home site, all-age manufactured home community in San Luis Obispo, CA.
Creekside Community is situated on 24 acres at 3960 South Higuera St, near Hwy 101 a...
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Former Home Depot Property in Oxnard Sells for $20 Mil 10/08/14 A 102.7k sf retail property in the city of Oxnard was purchased by a private investor for $20 mil ($195/sf) in an all-cash deal. The property is located at 2600 E Vineyard Ave, on the north side of the 101 Fwy.
The property ...
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Ventura Retail Center Trades for Over $23 Mil 10/07/14 Ventura Village Shopping Center, a 76.1k sf neighborhood shopping center in Ventura, was acquired by a private investment entity for $23.25 mil ($305/sf). The property was sold by Regency Centers, a publicly-traded real estat...
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Simi Valley Auto Center Sells for $3.9 Mil 9/22/14 The Auto World Center, an 18.9k sf multi-tenant auto retail center in Simi Valley, traded hands for $3.9 mil in an all-cash deal. The property, located on 2170-2190 First St, north of Los Angeles Ave, consists of three free-s...
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Quantum Capital Arranges $12 Mil in Refi Money on Westlake Village Res Property 8/26/14 Quantum Capital Partners has arranged a $12 mil permanent loan to refinance a gated apartment community in Westlake Village. The borrower is a Marina Del Rey-based investor operating as 575 Hampshire Road Properties Inc.
The...
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Thousand Oaks Flex Comp Trades at $111/sf 8/18/14 A vacant 36k sf flex property in Thousand Oaks sold for $4 mil, or around $111/sf. The property was in foreclosure by Bank of America.
Built in 2003, the asset is located at 2610 Conejo Spectrum, within a master-planned, 10...
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CBRE Arranges $24 Mil on 59 Acres of Development Land in Ventura 8/14/14 CBRE’s Capital Markets Debt & Structured Finance group has arranged $24 mil in financing on 59.5 acres of for-sale residential land located at the southwest corner of Telegraph Rd and South Wells Rd in Ventura. The subject i...
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Unique Victorian Property from 1894 in Ventura Offered for Sale 8/13/14 Here’s news of a unique property to hit the market, as “The Judge’s House”, considered one of the most beautiful and recognizable properties in the City of Ventura, is for sale. The Queen Anne Victorian-style building perche...
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Oceanfront Res Community in Oxnard Lands $55 Mil in Financing 8/05/14 Prime Residential has obtained $55 mil in financing for Paz Mar Reserve, a 385-unit waterfront multi-housing community in Oxnard.
Peter Smyslowski of HFF placed the 10-year, fixed-rate loan with The Guardian Life Insurance C...
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Port San Luis Harbor District and the State of California Coastal Conservancy are Looking to Redevelop 32-Acre Property along the Central Coast 7/30/14 In news of a major California coastal development opportunity, Port San Luis Harbor District is seeking qualified developers to revitalize a high-profile oceanfront property in a popular travel destination along the state’s s...
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Draftsmen & Craftsmen 7/07/14 Renovation work on Moorpark Town Center, a 140k sf retail center in Ventura County, has been completed. The property, located at 1 W. Los Angeles Ave, at the northwest corner of Los Angeles and Moorpark Avenues in Moorpark, i...
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Creative Office Properties Firm Jumps into Conejo Valley and Lands Face First 6/30/14 In a recent lease comp from the Conejo Valley, Face First inked a new five-year lease for 6.3k sf of office space at LC3: Lindero Canyon Creative Campus. LC3 is located at 31416 Agoura Rd, south of the 101 Fwy off Lindero Can...
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