The Small Space Marketplace

List Your Space

Find Space

Home About Us Executive Subscriber Membership RENTV Conferences Newsletter Contact Us Advertise
February 25, 2024
 Search RENTV
   Go!
 The REview
 News
News Home Page
Southern California
Northern California
Pacific Northwest
Texas/Southwest
Retail
Multifamily
Financing
Prop. Management
Archives
Press Releases
 R. E. Marketplace
Service Providers
JobWorks
Property Spotlight
 RENTV  Conferences
Subscriber Login:
  
Email      
    Go!
Password      
Forgot Password?



VENTURA COUNTY NEWS
Printer-friendly Version   Email an Associate
Thousand Oaks Lease by Karting Operator Speeds Up Industrial Activity in the Conejo Valley

4/20/21

K1 Speed, the world’s largest electric indoor karting operator, inked a 10-year, $7.5 mil lease for a 50k sf ($1.25/sf/mo) industrial building in Thousand Oaks. The one-story structure is located at 770 Lawrence, north of the 101 Fwy and west of Rancho Conejo Blvd.

Built in 1984, the building is located close to numerous retail amenities with easy access to the 101 Fwy and the neighboring communities of Thousand Oaks, Calabasas, Agoura Hills and Camarillo. The building, which just underwent a major rehab, includes a 2.2-acre site, ample parking, and ceiling heights of over 20’.

Mike Tingus and Grant Fulkerson, SIOR, of Lee & Associates- LA North/Ventura represented the landlord, BM Properties. Rocky Moran, also with Lee, repped K1 Speed, an industry leader in electric kart racing, serving the general public and offering corporate events.

Founded in 2003 by David Danglard and Susan Danglard, K1 Speed first opened up in San Diego, California. Today, they operate 46 locations around the United States, Canada, Mexico South Korea, Puerto Rico, Italy, China and France.

“Given there are no other indoor racing venues currently operating nearby, this is an ideal place for K1 Speed as they continue their aggressive expansion plans throughout California and beyond. This building was an ideal fit in every way and had the ideal form and function K1 Speed was looking for,” said Moran.





Return to the Archive page


 


 
 
 
 



Home | About Us | Newsletter | Contact Us | Executive Subscriber Membership | Executive Subscriber Home | Advertise
Southern California | Northern California | Pacific Northwest | Southwest | Retail | Multifamily | Financing | Property Management
Archives | Press Releases | Service Providers | JobWorks | Property Listings

Copyright © 2024 by RENTV, All Rights Reserved
Website designed by Regency Web Services, Inc. and powered by Lightning Media