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June 24, 2024
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Westcore Properties Buys 115k sf Industrial Facility in Ventura County


Westcore Properties paid $13.8 mil for a 114.6k sf ($120/sf), industrial manufacturing building located in the Ventura County city of Moorpark. The fully occupied, two-story property is located at 6100 Condor Dr, east of Princeton Ave and just south of the 118 Fwy.

Built in 1984 and renovated in 1995, 6100 Condor Drive is situated on 7.53 acres, of which 2.55 acres are unimproved and prime for development. The property is 100% leased to two long-term tenants, Test Equity and Shred-It.

Sean Fulp, Bret Hardy, Ryan Plummer and Brad Burton with NKF Capital Markets represented the seller, Marcus Adams Properties. Westcore Properties was self-represented.

6100 Condor Drive provides the new ownership with a steady rental income stream with full occupancy, while the adjacent vacant land provides the potential either to develop an additional industrial facility or expand the existing building, said Hardy.

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