Thursday, August 14, 2014

Charles Dunn Co. Completes $4 Million Sale of Industrial/Office Property in Thousand Oaks, CA


John Anthony


 LOS ANGELES, CA, Aug. 14, 2014 – Charles Dunn Company, one of the largest full-service regional real estate firms in the western United States, has completed the $4 million sale of a vacant 36,000-square-foot flex property in Thousand Oaks, Calif.

John Anthony and Chris Steck with Charles Dunn Company represented the receiver in the sale of the property, while David Parker of Chase Partners, LTD represented his investment group in the acquisition of the property.  Jerry Wang was the receiver on the property which was in foreclosure by Bank of America.

Built in 2003, the asset is located near the 101 and 23 freeways at 2610 Conejo Spectrum and is situated within a master-planned, 100-acre business park. The flex property has approximately 8,500 square feet of office space with the balance being open warehouse.

“The new ownership is already in negotiations with several tenants,” said Anthony. “With the strong demand for this type of space in a quality building within this submarket, the expectation is to have the property leased very soon.”

For a complete copy of the company’s news release, please contact:

Darcie Giacchetto
D.G. Communications, Inc.
949.278.6224

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