Matthew Miller Acquires Office Space In Calabasas, CA With Cresa And Laughlin Commercial Realty

The property asset involved in this transaction is an office space located at 26565 Agoura Rd, Calabasas, CA. This asset encompasses a total square footage of 228,990 and forms part of the Corporate Center Calabasas, which houses multiple buildings. The ownership of the property is held by Majestic Asset Management, which acquired it for $53 million in September 2017.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not specified
• Lease Date: 06/04/2019
• Tenant's Representative: Matthew "Matt" Miller-Cresa, Matthew Perry-Miller - Laughlin Commercial Realty Group
• Landlord: Majestic Asset Management
• Square Feet: 228990
• Market: Calabasas

The lease has been signed by Harbor Freight Tools for a term of 15 years, allowing the retailer to occupy a significant portion of the campus, approximately 70 percent. The transaction indicates Harbor Freight's relocation from its previous office at 26541 Agoura Road, showcasing the company's expansion within the area.