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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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• 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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