Stream Realty Taps Newmark to Lease Oxnard Industrial
Newmark has been appointed by Stream Realty Partners to lease the fully entitled 101 Logistics Center, a 750,000-square-foot, four-building, Class A industrial project located on Sakioka Drive in Oxnard. Stream purchased the 41-acre site in June 2022.
Vice chairman John DeGrinis, executive managing directors Patrick DuRoss and Jeff Abraham and associate director Javier Galvan will handle leasing of the project.
“We are beyond excited about 101 Logistics Center becoming a reality,” said Scott Sowanick, managing director and partner at Stream. “Our team has worked tirelessly on the opportunity, and, despite the economic fluctuations, the fundamental supply and demand has never been stronger than today.”
Added DuRoss, “101 Logistics Center is the first development of its scale in West Ventura County for more than 20 years. The project provides a much-needed opportunity for companies to grow within the region, offering the real estate and amenities necessary to accommodate their needs.”
Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces.
Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications.
Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).