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• Michael Rosenfeld Venture Acquires 1920s-Era Waterfront Hotel in Santa Barbara
1/20/11
35 State Street Hotel Partners, a Los Angeles-based real estate investment and development company led by Michael Rosenfeld, managing partner of Next Century Associates, has acquired the 1920s era Hotel Californian located at...
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• Oxnard Industrial Leasing Hat Trick
1/05/11
We’ve got three recent industrial leases from Ventura County to report. The transactions, which are for a combined 68.7k sf of space, were in Oxnard and were all brokered, at least in part, by TEAM DeGrinis out of Colliers In...
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• A Lot of Upside to $17 Mil Construction Loan for Oxnard Center
12/09/10
Upside Investments has obtained $17.2 mil in construction financing to be used to pay off a land loan, demolish existing buildings, build and renovate retail buildings and complete horizontal construction for a pad to be occu...
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• Private Investor Spends $19 Mil on Pair of Oxnard REO Apartment Complexes
12/07/10
A private investor just purchased Newport Landing 1 and 2, a 170-unit 170.4k sf REO apartment community in Oxnard, for $19 mil, which represents a price of represents $111.8k/unit and $112/sf. The properties are located at 52...
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• Tejon Ranch Distribution Facility Sells for Almost $24 Mil
12/06/10
In a major cross-country industrial investment deal, a NY City-based institutional group has acquired a 351.7k sf fulfillment and distribution center at the Tejon Industrial Complex in Kern County. The transaction is valued a...
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• New $39 Mil Ventura Medical Office Building Completed
11/29/10
Construction has been completed on a new five-story medical office building on the campus of the Ventura County Medical Center (VCMC). The 82k sf VCMC Family Medicine Residency and Specialty Care Center was completed at a co...
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• Physicians Group Acquires 22k sf Moorpark Building for Medical Office Use
11/10/10
A prominent group of physicians in the Conejo Valley purchased a 21.7k sf office building in Moorpark. The buyer will use the property to establish Los Robles Hospital Medical Plaza at Moorpark, a comprehensive family medica...
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• Camarillo Biz Park Sells for Nearly $11 Mil
11/02/10
Here’s news of one of the biggest Ventura County investment buys over the past few years, as Creekside Executive Center, a newly constructed 128k sf biz park, sold for $10.85 mil, or about $85/sf. The asset was purchased by b...
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• Wax-ing Eloquently on Oxnard Transactions
10/28/10
Michael Wax, from Oxnard-based Industrial Park Associates, reported on a couple of transactions he recently closed in the Ventura County city of Oxnard. First, he repped the buyer, RD Anacapa Partners, LLC, in its purchase of...
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• Santa Barbara-Area Assisted Living Facility Obtains $6.8 Mil in New Financing
10/11/10
CB Richard Ellis Group (CBRE), through its direct HUD FHA lender, CBRE HMF Inc (CBRE HMF), arranged financing of $6.78 mil for the Heritage House Community, a 68-bed/56-unit assisted living and memory care facility nestled in...
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• Selleck Development the Winning Bidder for 21-Acre Westlake Village Site
9/15/10
What we’ve been told is the last remaining development site in Westlake Village, a 21.5-acre parcel at 30800 Russell Ranch Rd, was acquired by Selleck Development Group following a competitive bidding process that drew numero...
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• 400-Unit Oxnard Apartment Complex Trades Hands in $81 Mil Deal
9/03/10
In a large SoCal multifamily acquisition, a venture made up Kennedy Wilson, RECP/Urban Partners and Capri Capital Partners LLC, on behalf of Capri Urban Investors LLC, purchased Serenade, a 400-unit apartment community in Oxn...
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• Giftwares Company Acquires 208k sf Simi Valley Property
8/19/10
Kingsbridge International Inc., an importer / wholesaler of housewares and giftwares, has purchased a 208.5k sf industrial property in Simi Valley for $11.42 mi ($55/sf). The two-building property is located at 2900-2950 Made...
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• Newly Constructed Medical Office Building Fetches Nearly $11 Mil
8/05/10
Here’s the scoop on a newsworthy medical office building sale in San Luis Obispo that just closed yesterday. The property, a recently constructed, three-story, 45k sf building on the Sierra Vista Regional Medical Center campu...
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• Unusual SoCal Property Hits the Market
7/27/10
Here’s an unusual property listing to come on the market. A group of private investors are selling a 1.5 msf greenhouse/industrial property situated on 45 acres along Hwy 101 in Santa Barbara County. Valued at $18.5 mil, we’r...
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• Target to Anchor New Power Center in San Luis Obispo
7/20/10
National discount retailer Target picked up a 10-acre site in San Luis Obispo for construction of a new 140k sf store. The new Target will be the main anchor tenant at the Prefumo Creek Commons shopping center in San Luis Obi...
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• Dynacorn Pops Up in Camarillo
7/16/10
Dynacorn International Inc agreed to a seven-year lease for a 99k sf industrial building in Camarillo. The property is at 4030 Via Pescador, north of the 101 Fwy and on the east side of Lewis Rd. The transaction has a total v...
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• Barker Pacific Affiliate Acquires 108k sf Self-Storage Facility in Santa Maria
7/06/10
Los Angeles-based real estate developer Barker Pacific Group (BPG), through its affiliate Union Development Company (UDC), acquired A-American Self Storage in Santa Maria, a 108.6k sf self-storage and RV storage facility. Lo...
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• New Simi Valley Lifestyle Center Offered for Sale
6/30/10
Simi Valley Town Center, a newly developed, trophy lifestyle center located off the 118 Fwy in Simi Valley, has been put on the market. The Orange County and Los Angeles offices of HFF (Holliday Fenoglio Fowler) are handling ...
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• Chipotle to Open New 3k sf Location at Tejon Ranch
6/29/10
Chipotle Mexican Grill has signed a long-term lease to open a new 2.9k sf location at the master-planned Tejon Industrial Complex (TIC) situated off the Laval Rd exit of I-5, just south of the Hwy 99 interchange. Chipotle’s s...
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