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• New VW Vehicle Compliance Lab and Test Center in Oxnard Not Just for Test Dummies
4/06/11
Quattro-Del Norte LLC, an affiliate of BLT Enterprises, has started construction on a 63.5k sf U.S. emissions compliance laboratory and vehicle test center in Oxnard for Volkswagen Group of America Inc. The facility will be u...
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• Yardi Expansion Brings Goleta Building to Fully Leased
3/29/11
Yardi Systems inked a 7k sf expansion at Fairview Business Center, a 73k sf office building in Goleta. Built by The Towbes Group, out of Santa Barbara, the Class A property is now 100 percent occupied.
The building is locat...
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• 200k sf Corp HQ Campus in the Conejo Valley Hits the Market
3/10/11
“The high-end office campus creates tremendous potential for corporations looking to establish or relocate their headquarters presence in the Southern California market,” Gregg pointed out. CBRE plans on targeting a wide ra...
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• 12.77-Acre Ventura County Site Listed for Almost $24 Mil
3/08/11
A 12.77-acre, 556.3k sf parcel ground-leased to Home Depot U.S.A. Inc in Ventura County has been listed for sale. Located at Miller Pkwy and Patriot Dr in the city of Moorpark, the property has an asking price of $23.85 mil, ...
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• New Human Services Center Gets Underway in Moorpark
3/03/11
Barnhart Balfour Beatty has broken ground on the $14.6 mil Ruben Castro Human Services Center in Moorpark, which will provide medical care and social services to low- and moderate-income residents. Barnhart Balfour Beatty is ...
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• Silicon Recycling Biz Buys 90k sf Ventura Facility
3/01/11
Solarsilicon Recycling Services LLC (SRS) has acquired a 90k sf industrial building in the city of Ventura for $6.3 mil ($70/sf). The property is located at 2433 Eastman Ave, south of the 101 Fwy between Telephone Rd and Vict...
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• Downtown Santa Barbara Property Sells for Over $11 mil
2/17/11
Anacota Plaza, a 36.8k sf mixed-use property in downtown Santa Barbara, was purchased by The Hutton Foundation for $11.5 mil ($312/sf). The Foundation, a Santa Barbara-based entity whose mission is to support non-profit organ...
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• Engineering Firm Leases 78k sf of Manufacturing Space in San Luis Obispo
2/07/11
Aeromech Engineering Inc signed a five-year lease for 78k sf of Class A industrial/manufacturing space in San Luis Obispo. The property is located at 125 Venture Dr, east of the 101 Fwy and south of Tank Farm Rd.
Aeromech ha...
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• Metal Fabrication Company Inks Lease for 112k sf Ventura County Facility
2/02/11
In a positive sign for Ventura County’s industrial market, AG Machining Inc, a metal fabrication company, inked a new seven-year lease for a 111.7k sf facility in Moorpark. The property is at 609 Science Dr, north of Los Ange...
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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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