November 26, 1997
Santa Ana-based Burke Real Estate Group has purchased 11 acres of land in Thousand Oaks where it plans to build a $13-million, 22-building industrial complex--the first speculative project to be developed in Ventura County in a decade. Burke purchased the property on Grande Vista Drive with equity partner Heller Financial from Silagi Development & Management. Construction has already begun, and the 145,000-square-foot complex is expected to be completed in late spring or early summer of 1998.
CALIFORNIA | LOCAL
June 20, 2000 |
Three buildings at the recently opened Grande Vista Business Park in Thousand Oaks have been purchased for a total of $2 million, bringing occupancy of the site to about 90%. Modeno Investments LLC, a private investment company, acquired two of the buildings totaling 14,000 square feet and has moved from Westlake Village. The third building, which has 7,042 square feet, was purchased by Marshall Design, an interior design and wholesale carpet/flooring company that serves the housing industry.
December 2, 1997 |
Dirt-moving machines have barely broken ground on the speculative Grande Vista Business Park in Thousand Oaks, but already six of the planned 22 units are in or about to go into escrow, and negotiations are in process for two more. For William Burke, a partner in the Burke Real Estate Group, which owns the 11-acre industrial site, the high level of interest illustrates the improved state of the Ventura County-Conejo Valley real estate market.
November 13, 2001
Glenborough Realty Trust of San Mateo bought LNR Newport Plaza, a 106,902-square-foot office building at 895 Dove St. in Newport Beach, from Lennar Partners for $26.5 million. The seller was represented by Gregg Herbert, Jeff Hanson, Mike Dorsey and Dave Kinney of Grubb & Ellis, along with Bill Smith of Lennar Partners. Steve Mooradian and Joe McKay of Lee & Associates represented the buyer.
October 13, 1998
New York Life Insurance Co. agent Michael Dixon has been named a council vice president for the company, a position awarded annually to the agent with the "highest achievement in sales and service." Dixon of Agoura joined the company in 1975 and in his first year qualified for the industry's prestigious Million Dollar Round Table. He is a past president of the California Assn. of Life Underwriters and a past director of the Agoura Las Virgenes Chamber of Commerce.
May 19, 1998 |
El Nino rains may have delayed construction of the Conejo Valley's first speculative industrial complex in 10 years, but they apparently have done nothing to dampen the interest of would-be owners of units within that development. Concrete pads finally will be poured this week at the Thousand Oaks Grande Vista Business Park. The 145,000-square-foot project, at 3225 Grande Vista Drive, originally was scheduled for completion by June but now is pegged for a late September to early October opening.