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New RENTV Executive Report: Ventura County Hot Transactions 4/14/08 Our Ventura County Hot Transactions Report will let you check out office, industrial and retail sale and lease comps over the past year from Ventura County. Whether you’re actively involved in real estate throughout the regio...
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Oxnard Seller is the Winner in Latest Survivor Contest 4/04/08 Here’s the scoop on a recent industrial sale from Ventura County, as Survivor Industries paid $4.1 mil for a 35.9k sf ($114/sf) facility at 1621 Emerson Ave, west of Rose Ave and north of Hwy 1 in Oxnard. The recently refurbi...
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Opus Given Green Light for Westlake Village Mixed-Use Campus 3/25/08 Moving forward to meet anticipated demand for office space in the Conejo Valley, Westlake Village’s City Council recently approved plans for Opus Corporate Center at Westlake Village, a $180 mil, 435k sf development. The mix...
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Tejon Ranch Development Area Included as Part of a Foreign Trade Zone 3/19/08 The future looks even brighter for new development in SoCal’s Tejon Ranch area, as the U.S. Department of Commerce has officially included 177 acres at Tejon Industrial Complex, a 1,450-acre master-planned commercial developm...
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Rexford Locks Up Three More Deals at Its Camarillo Project 3/17/08 In recent deal news from Ventura County, Rexford Industrial signed three new leases at Rexford Industrial Center, located at 300 Lewis Rd in Camarillo. Rexford purchased the property back in 2003 and extensively remodeled it ...
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Two Ventura Office Buildings Sold in $10.5 Mil Transaction 2/06/08 Two office buildings totaling 60.8k sf in the city of Ventura were acquired by BM Properties in a $10.47 mil ($172/sf) transaction. The multi-tenant buildings, located at 4601 and 4245 Telephone Rd, are more than 50% leased t...
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New Westlake Village Office Condo Project 83% Sold 1/29/08 “The Vantage at Westlake,” an $18 mil office condo project in Westlake Village, recently held its grand opening with over 83 percent of its space sold. A development of locally based TR Funding, the project is a striking two-...
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Industrial Investors Find the Conejo Valley to Their Liking 1/23/08 Industrial facilities throughout much of the Greater Los Angeles basin remain in high demand, with occupancy rates in most markets well below 7%. This includes the Conejo Valley, where a couple of small industrial assets rece...
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You Auto Care about this Retail Listing 1/18/08 Here’s the scoop on an interesting California retail portfolio that was just put on the market. Known as the Whitewater Auto Care Center portfolio, the 12-asset offering consists of nine properties in Bakersfield, two propert...
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NAI Capital’s Lee Black Closes 2007 with Deal Hat Trick 1/16/08 Lee Black, an Executive Vice President in the Encino office of NAI Capital and a SoCal industry veteran, had a very busy end of 2007, wrapping up three transactions up and down the West Coast, in Thousand Oaks, San Francisco ...
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Greene Goes Green with New Conejo Valley Office Project 1/15/08 Residents and businesses in the Conejo Valley community of Moorpark can look forward to a new office project that will be very green. Called Peach Hill Medical Professional Plaza, the 36.5k sf development is being developed b...
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Top NAI Capital Brokers are GET IN a New Investment Network 1/14/08 In an effort to provide clients with more specialized investment services, the company has formed the NAI Capital Investment Network, or GET IN. Top brokers from the company’s 16 SoCal offices will be working together in a co...
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New Camarillo Office Condo Project is 50% sold 12/18/07 Sales at a recent 36.7k sf office condo project in the Conejo Valley have reached the 50% mark, as units are being snapped up by both medical and traditional office users. The project, Camarillo Office Condos, is located at 4...
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LBA Switches Over to Verizon in Conejo Valley Deal 12/06/07 A notable office building in the Conejo Valley was acquired by LBA Realty, out of Orange County. Known as the Verizon Building, the 261k sf facility sits on 22 acres of land at 112 S. Lakeview Canyon Rd, about midway between ...
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Developers of New 400-Unit Project Serenade Oxnard Renters 11/27/07 Construction of a new upscale apartment community in Oxnard is well underway, with a number of the units currently being made available to prospective tenants. The 400-unit project, Serenade at RiverPark, situated in the hear...
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Former Newspaper HQ Stars in Ventura Sale 11/20/07 An affiliate of Pacific Properties Group Inc has closed on its purchase of a 60k sf office building on eight acres of land in Ventura, for an undisclosed amount. The property is located at 5250 Ralston St, on the north side ...
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Thousand Oaks Apartment Complex Trades for $300k/Unit 11/14/07 Pavilion Apartments, a 142-unit multifamily community located at 550 North Laurie Lane, just west of Moorpark Rd and north of Hillcrest Dr in the city of Thousand Oaks, sold for $42.575 mil ($299.8k/unit). The complex is situ...
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New 120k sf Facility to Be Built at Tejon Industrial Complex 11/05/07 A venture of Tejon Ranch Company and Rockefeller Group Development Corporation is about ready to begin work on a new 120k sf industrial building at Tejon Industrial Complex (TIC), the 1,450-acre master planned commercial deve...
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Beverly Hills Banana Republic Store Sells for $2,222/sf 10/31/07 Banana Republic’s 13.5k sf flagship Beverly Hills store at 357 N. Beverly Dr just sold at a price of $30 mil. The transaction, which works out to a staggering $2,222/sf, is said to be a record for retail space along the North...
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Three SoCal Properties Maxxam-ized in Refis Worth Combined $162 Mil 10/29/07 Beverly Hills Gateway Tower is a Class A office building located at the apex of Beverly Hills’ “Golden Triangle,” at 9777 Wilshire Blvd. Formerly known as the Comerica Tower, the building is one of Los Angeles’ most prestigi...
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