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Ansoorian and Associates
Public Relations
17615 Kittridge Street
Van Nuys, CA 91406
818-881-1183


FLURRY OF WESTCORD DEALS MARK ONGOING
STRENGTH OF CONEJO'S SMALL OFFICE MARKET



WESTLAKE VILLAGE, CA -- Pointing to the ongoing strength of the small office user market in Conejo Valley, Westcord Commercial Real Estate Services reports the completion of six lease transactions at Westlake Corporate Centre in Westlake Village, CA.

Westlake Corporate Centre is a two-building 85,000 sq. ft. office complex located at 2659 Townsgate Rd. and 875 Westlake Blvd.  The project is owned by The Johnston Group of Calabasas, CA.

Tony Principe, executive vice president of Westlake Village-based Westcord, and Alisa Barbarino of Westcord, exclusive marketing agents for Westlake Corporate Centre, report that the largest of the transactions was a five-year lease signed by Cain Technologies for 1897 sq. ft. at 2659 Townsgate Rd. Cain Technologies is an electronics firm relocating from the San Fernando Valley.

Other transactions reported at Westlake Corporate Centre:
Eugene Lee, physical therapist, leasing 1655 sq. ft. at 875 Westlake Blvd.
Barbara Freedman, psychologist, leasing 904 sq. ft. at 2659 Townsgate Rd.
Phillip Black, attorney at law, leasing 900 sq. ft. at 2659 Townsgate Rd.
Nagy Protection Services, leasing 679 sq. ft. at 875 Westlake Blvd.

Principe and Barbarino represented the landlord in all transactions. "The small tenant office market, including professional services, financial services and related activities has never dropped off in the Conejo Valley and is among the steadying influences for the region," Principe said.

Westlake Corporate Centre, which was totally refurbished recently by The Johnston Group is strategically located with immediate access to the 101 Freeway, and is near a variety of amenities, including the Westlake Hyatt Hotel, Westlake Shopping Center, Promenade Shopping Center, Northgate Shopping Center, and North Ranch Shopping Center.

Westcord is one of the Los Angeles area's top 25 commercial real estate companies with offices in Westlake Village, CA, and Van Nuys, CA.



1/28/02

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