K1 Speed Leases Industrial Space In Thousand Oaks At 770 Lawrence Drive

The industrial property located at 770 Lawrence Drive in Thousand Oaks has been leased. The tenant, K1 Speed, has entered into a lease agreement with the landlord, BM Properties. The lease was facilitated by brokers Grant Fulkerson from @GrantFulkerson and Mike Tingus from @MikeTingus - SIOR. The property spans a total of 50,828 square feet, with an asking rent of $90 per square foot. The lease consideration for the transaction amounts to $7,556,505.

Summary of transaction details:

• Property Type: Industrial
• Address: 770 Lawrence Drive, Thousand Oaks
• Tenant: K1 Speed
• Landlord: BM Properties
• BROKERS: Grant Fulkerson @GrantFulkerson & Mike Tingus @MikeTingus - SIOR
• Asking Rent: $90/ft.
• Square Footage: 50,828
• Lease Consideration: $7,556,505

The lease transaction for the industrial property at 770 Lawrence Drive involved K1 Speed as the tenant and BM Properties as the landlord. Grant Fulkerson from @GrantFulkerson and Mike Tingus from @MikeTingus - SIOR represented the parties involved in the deal. This lease agreement marks a significant transaction in the Thousand Oaks market.