May 31, 2019
Conejo Corporate Campus, a 196,034-square-foot office campus located at 2380 and 2400 Conejo Spectrum St. in Thousand Oaks, CA has traded hands for $41.35 million. The buyer was Strategic Office Partners, while Harbor Associates and Blue Vista Capital were the sellers.
NKF’s Kevin Shannon, Ken White, Sean Fulp, Scott Schumacher and Ryan Plummer represented the seller.
“The Conejo Valley, and specifically Thousand Oaks, has experienced an explosion of new and expanding biotechnology firms in recent years, significantly reducing the available options for quality office and biotech/R&D product,” said Shannon.
Harbor Associates acquired the campus through NKF in early 2018 when the campus was 50% occupied. The two-building property is now 100% leased and serves as the headquarters for Sage Publications, as well as Atara Biotherapeutics.
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