Majestic Asset Management has acquired a flex industrial/office park, located at 839-879 Ward Drive in Goleta, for $16.5 million. Read the article
A building at Corporate Center Calabasas has sold for $11 million, brokerage CBRE Group Inc. announced Tuesday. Read the article
Equity Office Property Trust sold the 94,000-square-foot Westlake Gardens. NKF Capital Markets negotiated the deal on behalf of the seller.
A private investor paid $8.95 mil for a 44.7k sf ($200/sf) office building in Calabasas.
An office building in Calabasas has sold for $8.95 million to a local private investor, according to brokerage firm CBRE. Read Article.
Majestic Asset Management closed on a recent LA-area office buy, paying $53 mil for Corporate Center Calabasas, a 325k sf ($163/sf), Class A office campus located in Calabasas, at the very western edge of the San Fernando Valley. Read the article
The two towers comprising the Sherman Plaza in Van Nuys have sold for about $62 million, according to CBRE Group Inc. in Los Angeles. Read the article
A nearly 139,000-square-foot warehouse has sold in Simi Valley for $16.5 million. The industrial building at 2390 Ward Ave. sold in an off-market deal to Rexford Industrial Realty Inc., an industrial-focused real estate investment trust in Los Angeles, for almost $119 a square foot, according to Rexford. The seller was Majestic Asset Management Inc. of … Continued
Majestic Asset Management has acquired Westlake Spectrum, a five-building, 120k sf office park in Westlake Village, in a recent $23.1 mil ($192/sf) deal. Majestic has completed nearly $100 million in transactions during 2016. Read the article
Thousand Oaks’ largest industrial building has sold for more than $37 million to a local investor. Van Nuys’ Majestic Asset Management Inc., which buys, develops and manages commercial and multifamily residential properties, bought a more than 347,000-square-foot industrial building in the Conejo Spectrum Business Park, according to L.A.-based brokerage CBRE Group Inc. Read the article