$70M Thousand Oaks Industrial Sale Completed By Colliers International

The industrial property located at 1515 Rancho Conejo Boulevard and 1489 Lawrence Drive in Thousand Oaks was recently sold for a total price of $70,000,000. The property spans across 172,516 square feet, resulting in a price per square foot of $405. The sale was facilitated by Colliers International, with J.B. Green representing the buyer. CBRE, through Tom Dwyer and Bennett Robinson, acted as the seller's representative. The transaction took place on April 22, 2022.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $70,000,000
• Address: 1515 Rancho Conejo Boulevard & 1489 Lawrence Drive, Thousand Oaks
• Market: Thousand Oaks
• Square Footage: 172,516
• Price per Square Foot: $405

Chris Payne, representing Sares Regis Group, acted as the seller in this transaction. The buyer was represented by J.B. Green from Colliers International. The seller's representatives were Tom Dwyer and Bennett Robinson, both from CBRE.