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Calabasas Office Campus Trades in $53M Off-Market Deal
Corporate Center Calabasas, a Class A office campus located in Calabasas, CA, sold for $53 million. The seller was a joint venture of Lincoln Property Company and Angelo, Gordon & Co., while the buyer was Majestic Asset Management.
Situated on 14.75 acres of land, the 78%-leased property is a seven‐building campus totaling 325,016 square feet. Majestic, a SoCal‐based investment, development, and management firm, plans to reposition the complex using creative finishes to target the market’s growing base of tech, media and bioscience tenants. Planned improvements will touch the exterior and common areas of the property, creating a lifestyle environment.
Corporate Center Calabasas is located along Agoura Road between Lost Hills Road and Las Virgenes Road, with direct adjacency to the Ventura (101) Freeway.
Madison Partners’ Bob Safai, Matt Case, and Brad Schlaak represented both parties in the transaction.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


