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
Thomas de Avila has joined the sales team at YARC Systems in Newbury Park as business development manager. He will be responsible for strategic promotion of YARC's Laser Copier RIPs in the corporate marketplace. De Avila has more than 20 years of sales experience in the printing industry. * Jason R. Harris has been named project director to oversee industrial development projects in Ventura County for Burke Real Estate Group.
CALIFORNIA | LOCAL
December 8, 1998 |
Few people see as much real estate action in the fictional high-roller world of "Monopoly" as Thousand Oaks developer Moshe Silagi has seen in real life over the past 18 months. Last week, the Silagi Development firm completed construction of a 55,000-square-foot office building in Thousand Oaks and is nearing completion of construction and 100% leasing on a three-story office complex in Westlake Village. Both projects have already been sold to Arden Realty.