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October 13, 2024
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VENTURA COUNTY NEWS
Archive
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• Industrial Investors Find the Conejo Valley to Their Liking
1/23/08
Industrial facilities throughout much of the Greater Los Angeles basin remain in high demand, with occupancy rates in most markets well below 7%. This includes the Conejo Valley, where a couple of small industrial assets rece...
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• You Auto Care about this Retail Listing
1/18/08
Here’s the scoop on an interesting California retail portfolio that was just put on the market. Known as the Whitewater Auto Care Center portfolio, the 12-asset offering consists of nine properties in Bakersfield, two propert...
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• NAI Capital’s Lee Black Closes 2007 with Deal Hat Trick
1/16/08
Lee Black, an Executive Vice President in the Encino office of NAI Capital and a SoCal industry veteran, had a very busy end of 2007, wrapping up three transactions up and down the West Coast, in Thousand Oaks, San Francisco ...
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• Greene Goes Green with New Conejo Valley Office Project
1/15/08
Residents and businesses in the Conejo Valley community of Moorpark can look forward to a new office project that will be very green. Called Peach Hill Medical Professional Plaza, the 36.5k sf development is being developed b...
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• Top NAI Capital Brokers are GET IN a New Investment Network
1/14/08
In an effort to provide clients with more specialized investment services, the company has formed the NAI Capital Investment Network, or GET IN. Top brokers from the company’s 16 SoCal offices will be working together in a co...
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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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