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


INTEL SUBLEASES THOUSAND OAKS BUILDING
TO AGFA CORPORATION FOR REGIONAL HEADQUARTERS



THOUSAND OAKS, CA -- A 50,373 sq. ft., "office flex" facility along the "Conejo Valley Technology Corridor" in Thousand Oaks, CA has been subleased by Intel Corporation to Agfa Corporation for its Western regional headquarters, announces Westcord Commercial Real Estate Services.

Tony Principe, executive vice president of Westlake Village-based Westcord, reports that Agfa, which relocates from across the street, schedules an Oct. 1 occupancy of the building located in the Anchor Court Business Center at 2000 Anchor Court.   Approximately 70 people will be employed at the site.

Principe, in cooperation with Cornish and Carey of Santa Clara, CA, represented Intel in the four-year lease valued at $1.8 million.  Tom Specker and Robert Harris of Charles Dunn Company's Woodland Hills office represented Agfa.

Agfa ranks among the world's foremost imaging companies. The new facility for Agfa is a concrete tilt-up structure featuring a large bullpen, private offices, conference room and warehouse/shipping area.  The building provides generous 3.2 per 1000 parking.

Intel is also the sublessor of a new 200,000 sq. ft. building in the 100-acre Conejo Spectrum business park in Thousand Oaks, which is currently being marketed for sublease by Westcord's Principe.

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.



9/30/02

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