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4/02/19
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We’ve got a couple of recent lease signings totaling about 100k sf to report at Conejo Corporate Campus in Thousand Oaks. These latest deals were with SAGE Publishing, an independent publishing company founded in 1965 in New York and now based in Thousand Oaks, and Atara Biotherapeutics, a local biotech company.
Atara Biotherapeutics will occupy the entire second floor while SAGE will occupy the ground floor of the recently renovated, nearly 100k sf office building, located at 2380 Conejo Spectrum St. Since the prior tenant Amgen moved out in 2009, Harbor Associates, which purchased the property last February, converted it into a multi-tenant building.
SAGE’s expansion at the property is part of the company’s long-term strategy coupled with growth in the publishing industry. For Atara, the new location will serve as additional office space adjacent to their existing T-Cell operations and manufacturing facility.
Michael Slater, Andres Uribe and Caroline Bigelow of CBRE represented the landlord, Harbor Associates, in both transactions. SAGE Publishing was represented by CBRE’s Tom Dwyer. Atara was repped by Newmark Knight Frank.
“Given the newly constructed industrial park across the street, this is a strategic move for Atara,” said Slater. “It is also a great location for SAGE’s expansion as their existing headquarters are next door.”
He added, “With very little vacancy and limited availability in the Conejo Valley market, this reimagined office campus presented a unique opportunity for these two companies.”
In addition to the new leases at 2380 Conejo Spectrum Street, CBRE also represented Harbor Associates at their nearby project, Think Here at 1525 and 1535 Rancho Conejo in lease renewals with two local biotech/life-science companies, totaling approximately 70k sf.
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