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February 28, 2024
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VENTURA COUNTY HEADLINES
Newly Constructed Chase Bank Building in Bakersfield Sells for Over $800/sf
2/21/24
3.6k sf single-tenant asset sits in front of a larger shopping center

Residents are Moving into New Kennedy Wilson Master-Planned Res Community in Camarillo
2/21/24
Anacapa Canyon consists of market-rate apartments, for-sale homes and income-restricted apartments for seniors



Work Underway on Nestle USA’s New 700k sf Distribution Center at Tejon Ranch
1/24/24
Logistics facility will sit on 58 acres within Tejon Ranch Commerce Center

Pricing Pressures Illuminate the Balancing Act in Southern California's Office Real Estate Transition
1/03/24
New report from N.A.I. Capital Commercial suggests that investors are waiting for improvements in the economy or capital markets before committing to transactions



New SoCal Raising Cane’s Goes for Over $1,600/sf
12/20/23
L.A. Investor pays $5.1 mil for 3.2k sf Santa Maria property

STG Capital Partners Picks Up 17 Acres in Paso Robles for Res Development
12/19/23
Firm to construct 214 build-to-rent homes on the land

FPA Multifamily Closes $171 Mil Acquisition of Two Thousand Oaks, CA Res Communities
12/15/23
Purchase is of Los Robles Apartments and The Retreat at Thousand Oaks, totaling 399 units

County of Ventura Closes $14.9 Mil Buy of Thousand Oaks Building
12/13/23
Government agency to use 99k sf structure for its Fire Department HQ

Santa Maria Luxury Res Community Trades
12/11/23
318-unit Azure was built in 2020 by MBK Rental Living

NewMark Merrill Companies Buys 172k sf Retail Center in Thousand Oaks
12/04/23
Property is adjacent to the 458k sf Janss Marketplace

Newmark Awarded Leasing Assignment for Oxnard Industrial Development
11/29/23
Project is Stream Realty Partners’ 750k sf 101 Logistics Center

Bakersfield Multifamily Property Traded in a Deal that Works Out to $139k/Unit
10/25/23
98-unit Cedar Oaks Apartments fetches $13.6 mil

Work Finished on Interactive Learning Pavilion at UC Santa Barbara
9/14/23
95k sf facility was built by C.W. Driver Companies

Ventura County's Industrial Market Faces Space Shortage in Q2 2023
8/07/23
Report from NAI Capital Commercial points to limited new construction and continued demand propping up rental rates

Commercial Real Estate Financing Briefs
7/07/23
Recent transactions from Bandon Capital Advisors, Gantry and George Smith Partners

Ventura County Industrial Vacancy Rate Rose 2.7% in Second Qtr 2023
7/06/23
Mid-year update provided by Kidder Mathews



 
 
 
 
 



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