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2 Office Buildings Sold in Thousand Oaks

VENTURA COUNTY BUSINESS | VENTURA COUNTY ROUNDUP /
BARBARA MURPHY

December 29, 1998|BARBARA MURPHY

Two office buildings have been purchased in Thousand Oaks for $4.3 million.

Newbury Partners of Westlake Village acquired a 20,000-square-foot, two-story professional office building at 72 Moody Court for $2.1 million. The building, which is 100% leased, is occupied by Learning Tree University and Med Trans.

The seller was Aldon Investments.

Also sold was a free-standing 7,800-square-foot office building at 267 Hillcrest Drive, across from The Oaks mall. Somara Capital sold the building to a private pension fund for $2.25 million.

Somara Capital acquired the property earlier this year when the building was vacant and leased it to Catholic Healthcare, a hospital chain, for use as a cardiac center.

Westcord Commercial Real Estate Services represented the buyers and sellers in both transactions.

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