February 1, 2000 |
Xircom Inc. will become the first tenant at the long-idled former Northrop Grumman Corp. manufacturing complex in Thousand Oaks. The mobile networking company will relocate its corporate headquarters from a trio of cramped nearby facilities to a pair of custom-built 100,000-square-foot buildings at the 100-acre property, now known as the Conejo Spectrum.
CALIFORNIA | LOCAL
February 28, 2000 |
Health Net, one of the state's top four health-care providers, is considering relocating to Thousand Oaks, according to a city official. The company, whose eight-year lease at Warner Center in Woodland Hills expires at the end of the year, has listed Thousand Oaks among its six finalists for relocation, said Gary Wartik, the city's manager of economic development.
July 25, 2000 |
A pair of adjacent, long-idled Conejo Valley aerospace plants are springing back to life as technology-oriented business parks. The new owners of the 100-acre former Northrop Grumman Corp. plant in Thousand Oaks just signed international telecom giant Alcatel to a $10-million lease for 200,000 square feet at one of the property's remodeled industrial buildings. That deal was done just as the property owners broke ground last week on mobile networking specialist Xircom Inc.'
CALIFORNIA | LOCAL
August 3, 1999 |
Accommodating growth in a county where growth is less than welcome has presented cities with a vexing problem: how to develop their economies with less available land. In Thousand Oaks, which is nearing 100% build-out, the answer is in redevelopment projects like the one underway at the old Northrop-Grumman site on Rancho Conejo Boulevard.
November 3, 1998
A former Northrop Grumman manufacturing complex in Newbury Park will be transformed into a business center intended to serve technology and biomedical firms. Investment Development Services of Los Angeles will redevelop the 100-acre site into a $50-million business campus to be called the Conejo Spectrum. The site has been vacant since the late 1980s. It was previously used for various aerospace-related projects.
May 22, 2001
Law firm McCutchen, Doyle, Brown & Enersen renewed its lease and expanded its space by one-half to occupy a total of 76,470 square feet in KPMG Tower at 355 S. Grand Ave. in Los Angeles. The 10-year lease is valued at approximately $25 million. Clay W. Hammerstein and Stephen L. Bay of Insignia/ESG represented the tenant. Landlord Maguire Partners was represented in-house by Tony Morales and Pat McRoskey. Regent Properties Inc.