THOUSAND OAKS, CA -- Underscoring the ongoing desire for growing
companies to own their own facilities, Westcord Commercial Real Estate Services of
Westlake Village, CA announces the sale of the last two of 22 buildings in the Grande
Vista Business Park in Thousand Oaks, CA for an aggregate of $1.4 million.
Tony Principe, executive
vice president of Westcord, reports that Advanced Business Tech, a computer wholesaler,
and Darren Friedman of Thousand Oaks, CA, each acquired a building of 7042 sq. ft.
The building purchased by Friedman will be occupied by Unicare Diagnostics Health
System. The buildings are located at 3305 and 3265 Grande Vista Dr.
Principe and Jim Darin of
Westcord represented Advanced Business Tech and Burke Real Estate Group of Santa Ana, CA,
the landlord in both transactions. Daryl Zilberstein, also of Westcord,
represented Freidman.
Noting that the Conejo
Valley has less than a four percent vacancy for light industrial buildings in the 5568 to
15,000 sq. ft. size range, Principe noted that Grand Vista Business Park was absorbed just
12 months following opening. Total sales volume was $18 million. Westcord
served as exclusive marketing agent.
Grande Vista Business Park is strategically located on an elevated, high visibility site
just north of the Ventura Freeway (101) at the Wendy Dr. exit. Among key
features of the concrete tilt-up buildings are 400 Amps 277/480 power, fully fire
sprinklered space, 14'x14'ground level loading doors, 16-foot interior clearance, and
expandable offices.
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. |
