OWN LA Acquires Office Asset At 515 Marin Street Thousand Oaks From Nearon Enterprises For $9M

The property asset involved in this transaction is an office located at 515 Marin Street in Thousand Oaks. The sale was finalized for a total amount of $9,000,000, encompassing a total square footage of 63,008. The price per square foot for this transaction was recorded at $142.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $9,000,000
• Address: 515 Marin Street
• Market: Thousand Oaks
• Square Footage: 63,008
• Price Per Square Foot: $142
• Buyer: OWN LA
• Seller: Nearon Enterprises
• Brokers: Jared Smits & Mark Leonard - Lee & Associates

The deal was facilitated by brokers Jared Smits and Mark Leonard, representing the interests of the buyer and seller in this transaction. The involvement of Lee & Associates as the brokerage firm underscores their role in the negotiation process.