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New Camarillo Office Condo Project is 50% sold 12/18/07 Sales at a recent 36.7k sf office condo project in the Conejo Valley have reached the 50% mark, as units are being snapped up by both medical and traditional office users. The project, Camarillo Office Condos, is located at 4...
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LBA Switches Over to Verizon in Conejo Valley Deal 12/06/07 A notable office building in the Conejo Valley was acquired by LBA Realty, out of Orange County. Known as the Verizon Building, the 261k sf facility sits on 22 acres of land at 112 S. Lakeview Canyon Rd, about midway between ...
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Developers of New 400-Unit Project Serenade Oxnard Renters 11/27/07 Construction of a new upscale apartment community in Oxnard is well underway, with a number of the units currently being made available to prospective tenants. The 400-unit project, Serenade at RiverPark, situated in the hear...
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Former Newspaper HQ Stars in Ventura Sale 11/20/07 An affiliate of Pacific Properties Group Inc has closed on its purchase of a 60k sf office building on eight acres of land in Ventura, for an undisclosed amount. The property is located at 5250 Ralston St, on the north side ...
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Thousand Oaks Apartment Complex Trades for $300k/Unit 11/14/07 Pavilion Apartments, a 142-unit multifamily community located at 550 North Laurie Lane, just west of Moorpark Rd and north of Hillcrest Dr in the city of Thousand Oaks, sold for $42.575 mil ($299.8k/unit). The complex is situ...
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New 120k sf Facility to Be Built at Tejon Industrial Complex 11/05/07 A venture of Tejon Ranch Company and Rockefeller Group Development Corporation is about ready to begin work on a new 120k sf industrial building at Tejon Industrial Complex (TIC), the 1,450-acre master planned commercial deve...
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Beverly Hills Banana Republic Store Sells for $2,222/sf 10/31/07 Banana Republic’s 13.5k sf flagship Beverly Hills store at 357 N. Beverly Dr just sold at a price of $30 mil. The transaction, which works out to a staggering $2,222/sf, is said to be a record for retail space along the North...
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Three SoCal Properties Maxxam-ized in Refis Worth Combined $162 Mil 10/29/07 Beverly Hills Gateway Tower is a Class A office building located at the apex of Beverly Hills’ “Golden Triangle,” at 9777 Wilshire Blvd. Formerly known as the Comerica Tower, the building is one of Los Angeles’ most prestigi...
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LeFever Mattson Pays $30 Mil for Santa Maria Apartment Property 10/25/07 LeFever Mattson Inc paid $30.25 mil ($145.4k/unit) for the Country Oaks Apartments, a 208-unit multi-family community at 333 East Enos Dr in Santa Maria. The 156.6k sf apartment community is situated approximately 12 miles fr...
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Ventura County Pro Moves 10/19/07 Troop Real Estate Inc has created a Business Brokerage Division, to be headed by Randall J. Barondess, a 24-year veteran of business, mergers and acquisitions, as well as real estate and sales experience. The unit will be loc...
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Portola Properties Purchases Century Square 10/15/07 LA-based Portola Properties LLC purchased Century Square, a 45.6k sf fully occupied retail center at 2109-2139 Tapo St in Simi Valley, for $8.95 mil ($196/sf). Built in 1980 and situated on 3.2 acres, the center is 100 percen...
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New RENTV Executive Subscriber Report: San Fernando Valley “Tenants in the Market” 10/10/07 Find out what companies are looking around the San Fernando Valley, the Conejo Valley and the Tri-Cities areas for new space. RENTV’s just-posted San Fernando Valley “Tenants in the Market” Executive Subscriber report lists a...
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Two More Arbors Added to Thousand Oaks 9/17/07 Sares-Regis Group recently completed construction on two office buildings, totaling 142.3k sf, at The Arbors of Thousand Oaks. Located at 2535 and 2560 W Hillcrest Dr, the new buildings were 100 percent leased before completi...
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Thousand Oaks Office Condo Project Almost Finished 9/16/07 Bella Vista, a new 43k sf office condo project in Thousand Oaks, is nearing completion and is now available for pre-sale. Located at 555 Marin St, north of the 101 Fwy and west of Moorpark Rd, the development offers suites ra...
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Opus on Track with $150 Mil Development in Westlake Village 8/13/07 Opus West is moving forward with plans for Opus Corporate Center at Westlake Village, a $150 mil office park for which the company recently completed its Concept Review before the Westlake Village City Council. The project is...
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Oxnard Developer Channels Its Efforts into New Res Conversion Project 8/07/07 Channel Islands Building & Development Partners, an Oxnard-based developer, has acquired a 53.3k sf industrial building formerly occupied by the Oxnard Press Courier newspaper for $3.15 mil. Situated on 2.18 acres at 300 W. 9...
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Panattoni Acquires 49k sf Thousand Oaks Facility 8/07/07 Panattoni Development Company purchased a 49k sf industrial property at 2101 Corporate Center Dr, north of the 101 Fwy off of Rancho Conejo Blvd in Thousand Oaks, for $7.2 mil ($147/sf). They plan to convert the facility, whi...
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