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TIAA-CREF Signs Over 100k sf of Deals at Westlake Village Office Campus 10/12/09 In the latest office leasing update from the Conejo Valley, there have been seven recent deals, totaling over 102k sf, at Westlake North Business Park in Westlake Village. The Class A, three-building campus, located north of ...
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Ventura County Fabrics Company Acquires 32k sf Industrial Facility 8/11/09 In a Ventura County industrial sale, a family trust has acquired a 32.2k sf building that its family business, Pindler & Pindler Inc, had been occupying on a lease with an option to purchase for the past two-and a-half years....
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Technicolor Signs Extension in Ventura County 7/20/09 Entertainment biz giant Technicolor agreed to an extension for a portion of space at The Mission Oaks Corporate Center at Camarillo Station in Ventura County. The property is located at 3233 E. Mission Oaks Blvd, east of Lewi...
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TestEquity to Test Out 75k sf Moorpark Space for Seven Years 7/01/09 TestEquity LLC, an electronic test equipment company, inked a NNN lease for 75.8k sf in a Conejo Valley R&D facility. The space is part of a larger, 114.6k sf building located at 6100 Condor Dr, south of the 118 Fwy and east ...
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Camarillo Multifamily Property Trades for $14 Mil 6/29/09 In the first transaction this year of a property of 100 units or larger in Ventura County, Camarillo Mountain View LLC acquired the 106-unit Mountain View Apartments in Camarillo for $14 mil ($130.1k/unit). The property, loca...
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New 350k sf Tejon Ranch Distribution Facility has a Lot of Sole 6/08/09 Brown Shoe Company Inc and Clayco Inc recently completed work on a new 350k sf, state-of-the-art distribution center within the Tejon Industrial Complex (TIC) for Famous Footwear. The facility will enable to the company to mo...
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Renovated Conejo Valley Medical Office Building is 80% Leased 5/29/09 Having just undergone a $1 mil renovation program, Westlake Medical Center’s 30k sf of medical /dental space has already reached 80% leased. The two-story, steel-frame building, which features a Craftsman motif, is located at...
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SoCal Retiree Starts Novel Program to Cheer Up Wounded Warriors 5/19/09 By Allen Wolfsheimer
Bill Malone is not your typical retired 66-year-old man. One would think that after a very full life that has included a number of vastly differing careers and more than one’s fair share of serious medic...
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Newly Converted Newbury Park Industrial Condo Project is 70% Pre-Sold 5/15/09 A newly converted industrial condominium business park in Newbury Park targeting small businesses – ranging from electrical and paint contractors to vehicle storage – is 70 percent pre-sold at the completion of the renovation...
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Patriot Act to Protect Businesses Looking for Modern, Well-Located Biz Park in Ventura County 4/30/09 The first phase of a new Ventura County business park – Patriot Commerce Center -- was unveiled to the public. The Class A project, a development of M.W. Ossola & Associates, is situated minutes from the 118 Fwy and Hwy 23 in...
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New Upscale Spa Opens in Ventura County 1/12/09 A unique high-end salon and day spa just opened to the public in the Conejo Valley city of Moorpark. Called “Euodia”, the majority of the spa is owned by Mike and Janet Rovner, who financed the business themselves with an inv...
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Latest Office Tenant Signing Makes Camarillo a SAFER Place 12/24/08 Despite the sluggish economy, companies continue to transact new leases for space as they attend to their ongoing business needs. In this review, we’ll update you on a few recent leases from Ventura County, where we’ve got th...
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Renovation of Historic Bakersfield Hotel is Underway 12/17/08 Demolition is currently under way for the $18 mil renovation of the 10-story, 80k sf Padre Hotel located at 1813 H St in Bakersfield. The project is being handled by Padre Hotel Partners LP, a venture of Graham Downes, Princ...
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Cydcor Inks Lease for Full Floor at New Westlake Village Office Project 12/11/08 In recent news from the Conejo Valley, Cydcor Inc agreed to a nine-year lease for 19.1k sf of space at Westlake Park Place, a new office project at 3011 Townsgate Rd, east of Westlake Blvd and midway between the 101 Fwy and A...
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R&D Transportation Picks Up New Camarillo Building 11/18/08 A 4.6k sf industrial building in Camarillo was purchased for $1.175 mil ($255/sf) by R&D Transportation in a recent Ventura County acquisition. The building, located at 4036 Adolfo Rd, north of the 101 Fwy on the east side of...
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Insurance Firm Inks $5 Mil Office Expansion Deal at Warner Center 11/13/08 Here’s an update on two recent $5 mil lease comps in the West San Fernando Valley and Ventura County areas.
We’ll start in the San Fernando Valley community of Woodland Hills, where Markel West Inc agreed to a 10-year, $5 mi...
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Solid Demand for Ventura County Industrial Space 11/06/08 Two recent leases from Ventura County suggest that demand for well-located industrial space in the region remains solid, even as vacancy rates in many areas creep noticeably higher in response to the slowing economy. In one o...
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Simi Valley Industrial Asset Trades for $5.4 Mil 10/16/08 Spar Investment Co, a Calabasas-based real estate developer, has picked up a 34.9k sf industrial property in Simi Valley for $5.35 mil ($153/sf). The property, located at 2255-2267 Agate Ct, was sold by Turbo Properties LLC, ...
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Industry Insights for Ventura County 10/10/08 Here’s a quick 3rd Quarter 2008 real estate overview for Ventura County, which provides current figures on vacancies, unemployment, housing prices and more for the region. This information was provided to us by the Ventura Co...
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CT Nabs Value-Add Ventura Office Buy for $11.75 Mil 9/12/08 CT Realty Corp, the active Newport Beach-based real estate investor/developer, just closed on an office buy in the city of Ventura, having purchased the 113.3k sf Ventura Professional Center from Security National Properties ...
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