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• Camarillo Office Campus Goes for Over $11 Mil
6/27/14
We’ve got some recent office transaction activity to report from Ventura County. These latest deals consist of one building sale and three offices leases.
In the sale transaction, ZDI Inc purchased Mission Oaks Technology Ce...
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• Newbury Park Industrial Sale Comes In Just Over $100/sf
6/06/14
A three-building, 58.8k sf industrial property in Newbury Park sold for $6.25 mil ($106/sf). The multi-tenant property is located at 889 Mitchell Rd, and 2450 and 2456 Teller Rd, north of the 101 Fwy and west of Rancho Conejo...
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• Rantec Microwave Exercises Buy Option on 44k sf Westlake Village Ind Building
5/30/14
Rantec Microwave has purchased for $5.3 mil the 44.2k sf ($120/sf) Westlake Village industrial building it leased 18 months ago. Rantec, one of the leading manufacturers of defense, communications and satellite antennaes, el...
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• Oxnard Best Buy Store Sells for Over $11 Mil
5/08/14
A 48.2k sf Best Buy store in Oxnard sold for $11.2 mil, or $233/sf. The property is located on 5.7 acres at 2300 North Rose Ave, with excellent visibility and frontage on U.S. Route 101.
Mark Thiel, vice president investment...
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• Thousand Oaks Land Buy to Be Used for Industrial Condo Development
4/29/14
Conejo Merchant Ltd has acquired nearly eight acres of land in Thousand Oaks for the development of a hybrid commercial planned development and commercial condominium complex on Conejo Center Drive. The price of the land buy ...
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• Studley Team Brokers Two SoCal Retail Deals Worth $32 Mil
4/17/14
Two SoCal, single-tenant NNN assets were involved in separate deals totaling roughly $32 mil and brokered by Studley’s National Retail Services Group. One of the deals was for the sale of a 47k sf building in Santa Barbara wh...
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• Retail Property Buy along SoCal Coast Financed with $8.45 Mil Loan
4/07/14
Don Burnes, Senior Vice President in Johnson Capital’s Phoenix office has originated an $8.45 mil loan secured by a retail property in Nipomo, a small town located along the Pacific Coast approximately 15 miles south of San L...
Price: $4.99
Executive Subscriber Price: Free
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• Younan Properties Buys Simi Valley Office Property from Rexford Industrial
4/04/14
A 63.6k sf, Class A office property in Simi Valley recently sold for $4.4 mil, or $69/sf. The vacant building, located at 2900 N. Madera Rd, north of the 118 Fwy at the western edge of the city, was sold by Rexford Industrial...
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• Pacific Southwest Realty Services Arranges $11.5 Mil Refi Loan on Three Westlake Village Office Buildings
3/18/14
Ted Willis of Pacific Southwest Realty Services’ Los Angeles office has arranged an $11.5 mil refi loan secured by three office buildings located on two properties in Westlake Village, CA. The buildings, known as The Courtyar...
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Executive Subscriber Price: Free
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• Santa Barbara Apartment Asset Sells for $33 Mil
3/11/14
Harbor Heights Manor, a 97-unit apartment complex in Santa Barbara, traded hands at a price of $33 mil, or $340k/unit. We’re told that the transaction marks the largest sale of a multifamily property ever recorded in the city...
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• Portfolio of Five SoCal Hotels Put on the Market
3/07/14
San Diego-based Trigild has listed for sale a portfolio of five SoCal, franchised hotels in Valencia, Thousand Oaks and San Luis Obispo. The portfolio has an estimated value of $100 mil.
Trigild has tapped Irvine-based Atlas...
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• Two Single-Tenant, SoCal Properties Sell in Pricey All-Cash Deals
2/06/14
Two single-tenant, net-leased properties in Southern California were acquired by all-cash buyers in recent transactions that commanded impressive prices. The deals occurred on the island of Coronado and in Santa Barbara.
The...
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• Santa Barbara and Ventura County Apartment Sales Total $33 Mil
1/29/14
Two multifamily properties were sold in the Santa Barbara/Ventura County markets at the end of 2013 in separate deals totaling $33.25 mil. Melinda Russell of CBRE’s Los Angeles North Multi-Housing group represented both the b...
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• Two Recent Leases at Camarillo Office Campus Worth $17.6 Mil
1/28/14
Two recent lease transactions at Camarillo Business Center in the Ventura County city of Camarillo total $17.6 mil in total value. The leases, by Gold Coast Health Plan and the GSA, were in separate buildings with different o...
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• David Josker Named to Head CBRE’s LA North Region
1/27/14
David Josker has been selected to lead CBRE’s Los Angeles North Region as Managing Director. The region includes more than 70 sales professionals in offices in Universal City and Ventura County, representing all CBRE lines o...
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• $4 Mil Industrial Sale Brings Naturally Aged Flooring to Simi Valley
1/15/14
Naturally Aged Flooring bought a 38.7k sf industrial facility in Simi Valley for $4 mil ($103/sf). The building is located at 2175 Agate Ct, west of 1st St between Los Angeles Ave the 118 Fwy.
Constructed in 1988, the buildi...
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• Trio of High-Profile Santa Barbara Properties Sold in Separate Deals Totaling $20 Mil
12/31/13
Three high-profile assets located in downtown Santa Barbara were recently sold for a combined total of $20 mil. The undisclosed seller acquired the properties within the last three years and implemented distinct, dynamic revi...
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• Draftsmen & Craftsmen
12/11/13
The Oxnard Unified School District (OUSD) has chosen LA-based Bernards to rebuild the Harrington Elementary School Campus. Designed by Dougherty & Dougherty, the new school will be built on play fields of the existing 8.3-acr...
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• HFF Arranges $9 Mil on Santa Maria Retail Property
12/06/13
HFF arranged $9 mil in financing for Santa Maria Commerce Center, a 65.9k sf neighborhood retail center in Santa Maria, CA. The new 10-year loan has a 4.81 percent fixed-rate loan that was funded through Wells Fargo Bank. Pr...
Price: $4.99
Executive Subscriber Price: Free
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• Investor Forks Over $17 Mil for Simi Valley Retail Center
12/03/13
Simi Valley shopping center, a 99.7k sf retail center in Simi Valley, sold for $16.9 mil ($170/sf). The buyer was Milan Capital Management, out of Anaheim.
Built in 1965 on 6.8 acres, the property is located at 1856 Erringer...
Price: $4.99
Executive Subscriber Price: Free
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