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July 3, 2020
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VENTURA COUNTY NEWS
Archive
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• Renovation of Historic Bakersfield Hotel is Underway
12/17/08
Demolition is currently under way for the $18 mil renovation of the 10-story, 80k sf Padre Hotel located at 1813 H St in Bakersfield. The project is being handled by Padre Hotel Partners LP, a venture of Graham Downes, Princ...
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• Cydcor Inks Lease for Full Floor at New Westlake Village Office Project
12/11/08
In recent news from the Conejo Valley, Cydcor Inc agreed to a nine-year lease for 19.1k sf of space at Westlake Park Place, a new office project at 3011 Townsgate Rd, east of Westlake Blvd and midway between the 101 Fwy and A...
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• R&D Transportation Picks Up New Camarillo Building
11/18/08
A 4.6k sf industrial building in Camarillo was purchased for $1.175 mil ($255/sf) by R&D Transportation in a recent Ventura County acquisition. The building, located at 4036 Adolfo Rd, north of the 101 Fwy on the east side of...
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• Insurance Firm Inks $5 Mil Office Expansion Deal at Warner Center
11/13/08
Here’s an update on two recent $5 mil lease comps in the West San Fernando Valley and Ventura County areas. We’ll start in the San Fernando Valley community of Woodland Hills, where Markel West Inc agreed to a 10-year, $5 mi...
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• Solid Demand for Ventura County Industrial Space
11/06/08
Two recent leases from Ventura County suggest that demand for well-located industrial space in the region remains solid, even as vacancy rates in many areas creep noticeably higher in response to the slowing economy. In one o...
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• Simi Valley Industrial Asset Trades for $5.4 Mil
10/16/08
Spar Investment Co, a Calabasas-based real estate developer, has picked up a 34.9k sf industrial property in Simi Valley for $5.35 mil ($153/sf). The property, located at 2255-2267 Agate Ct, was sold by Turbo Properties LLC, ...
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• Industry Insights for Ventura County
10/10/08
Here’s a quick 3rd Quarter 2008 real estate overview for Ventura County, which provides current figures on vacancies, unemployment, housing prices and more for the region. This information was provided to us by the Ventura Co...
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• CT Nabs Value-Add Ventura Office Buy for $11.75 Mil
9/12/08
CT Realty Corp, the active Newport Beach-based real estate investor/developer, just closed on an office buy in the city of Ventura, having purchased the 113.3k sf Ventura Professional Center from Security National Properties ...
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• Johnston Group Picks Up Simi Valley Office Property
9/09/08
The Johnston Group ("TJG") just closed on a notable Simi Valley acquisition, having paid $4.8 mil for a 20k sf ($240/sf) medical office building located at 2045 Royal Ave, south of Los Angeles Ave and east of Erringer Rd. TJG...
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• Local Architecture Firm Has Its Designs on Westlake Village Office Property
8/27/08
A 15k sf, two-story office building in Westlake Village sold for $3 mil ($200/sf). The property, located at 3396 Willow Lane, east of Hampshire Rd and adjacent to the south side of the 101 Fwy, was acquired by Gary Heathcote ...
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• Xirrus Takes 25k sf Thousand Oaks Space
8/18/08
Xirrus, a leader in the design and manufacture of patented Wi-Fi technology, leased 25k sf of office space in Thousand Oaks. The property, located at 2101 Corporate Center Dr, north of the 101 Fwy off of Rancho Conejo Blvd, i...
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• Tejon Ranch is Getting Dressed Up with Famous Footwear
7/11/08
Famous Footwear is stepping into a sizable new warehouse space at the Tejon Industrial Complex. The company, a division of Brown Shoe Company, is having a 350k sf facility built for it on a fully entitled 23.75-acre parcel th...
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• Steady Demand and Lack of Land Keeps Ventura County Industrial Market Strong
7/02/08
Here is a current overview of the Ventura County industrial market, provided to us by CB Richard Ellis, the big commercial real estate services company that is also one of the most active brokerage firms in the region. Deman...
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• Tuscany Square – the Fresh and Easy Way to Bring European Grocery Shopping to Moorpark
6/27/08
A new 68k sf lifestyle shopping center is expected to bring a touch of Europe to the corner of New Los Angeles and Moorpark Avenues in the Conejo Valley town of Moorpark. The center – Tuscany Square – broke ground in 2007 an...
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• AGFA Lease Brings Thousand Oaks Campus to Fully Leased
5/19/08
In the latest news from Ventura County, AGFA, a company that produces and distributes an extensive range of analog and digital imaging systems and IT solutions, inked a lease for 12k sf of office space at The Arbors, a 275k s...
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• Industrial Sales Continue to Flow Secure in Ventura County
5/12/08
In this update on activity from Ventura County, we’ll review two recent industrial sales comps from Ventura and Camarillo. The larger of the transactions was in the city of Ventura, where a 19k sf facility at 4277 Transport S...
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• Camarillo Gets an Executive Center
5/07/08
Creekside Executive Center, a master-planned professional office park that just broke ground in Camarillo, is slated to open in summer of 2008. Located at 4001- 4087 Mission Oaks Blvd, adjacent to the historic Camarillo Ranch...
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• Investor Pays $68.5 Mil for Conejo Valley Multifamily Property
5/05/08
Well-located multifamily assets remain a strong draw for investors, particularly those who aren’t at the mercy of today’s challenging lending environment. In a recent example of a large apartment buy, IMT REIT Capital LLC acq...
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• Welcome to the Hotels California
5/02/08
Hotel investors might want to check out this latest offering -- four California hotel properties, totalling 532 keys -- including the Hilton Garden Inn Monterey (pictured), the Courtyard by Marriott Thousand Oaks, the TownePl...
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• Crossroads No Longer at a Crossroads in Camarillo
4/28/08
Crossroads Community Church leased a 32.9k sf industrial building in Camarillo in an effort to expand its presence in the area. The building is located at 161 Plaza la Vista, south of Ventura Blvd and the 101 Fwy, and will en...
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