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Harbor Expands Presence in Thousand Oaks
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Harbor Associates, LLC acquired Conejo Corporate Campus in a joint venture with Blue Vista Capital Management for a reported $22.9 million. The two-building, 198,478-square-foot office campus was built in 2001, and is located on 11.36 acres in Thousand Oaks, CA.
The asset is one of the newest and most highly-improved office projects in the submarket. It was occupied by Amgen through 2011, which invested more than $140-per-square-foot in above standard tenant improvements. The buildout includes numerous meeting and conference rooms, grand lobbies, a landscaped outdoor plaza, high speed fiber, Venetian plastered walls, and Herman Miller furnishings.
NKF’s Kevin Shannon and Scott Schumacher represented the seller, the Cusumano family. The lender is a subsidiary of Granite Point Mortgage Trust Inc., which is externally managed by Pine River Capital Management L.P.
Harbor plans to re-position the 55%-leased project into a Class A multi-tenant office property geared for 5,000 to 25,000-square-foot occupiers.
For comments, questions or concerns, please contact Dennis Kaiser
- ◦Sale/Acquisition


