Omninet Capital Acquires Property From Topa Equities In Thousand Oaks For $55 Million
200 N Westlake BLVD, Thousand Oaks...
$55,000,000
$214/SF
Building Size
256,600 SF
Asset Type
Office
Closing
Jul 6, 2020
AI
The property asset located at 200 N Westlake BLVD, Thousand Oaks, in the Westlake Village market has been successfully sold for $55,000,000.00. This asset spans a total square footage of 256,600.
Summary of transation details:
- Property Type: Sale
- Transaction Amount: $55,000,000.00
- Address: 200 N Westlake BLVD, Thousand Oaks
- Market: Westlake Village
- Seller: Topa Equities
- Buyer: Omninet Capital
- Seller's Representatives: Ken White (Newmark), Kevin Shannon (Newmark)
In this transaction, Topa Equities sold the property to Omninet Capital, represented by Ken White and Kevin Shannon from Newmark. These individuals played a pivotal role in facilitating the deal ensuring a smooth transaction process.
Players
Westlake Village Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.29%
Cash-on-Cash
-0.08%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93