{"id":1004345132,"date":"2019-08-09T09:51:18","date_gmt":"2019-08-09T17:51:18","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004345132"},"modified":"2019-08-09T09:51:18","modified_gmt":"2019-08-09T17:51:18","slug":"los-angeles-area-retail-center-sells-for-18m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/los-angeles-area-retail-center-sells-for-18m\/","title":{"rendered":"Los Angeles-Area Retail Center Sells for $18M"},"content":{"rendered":"
\"\"<\/a>

Conejo Gateway. Image courtesy of JLL<\/em><\/p><\/div>\n

DH Holdings has purchased Conejo Gateway, a 47,254-square-foot neighborhood retail center in Thousand Oaks, Calif., for $18 million. JLL\u2019s Capital Markets team arranged the sale on behalf of the seller, Wendy-Veto LLC, while the buyer was self-represented in the deal.<\/p>\n

Situated at 701 Wendy Drive in the Newbury Park area of Thousand Oaks, the retail building is just off Freeway 101 and is within one mile of residential communities with an average household income of more than $125,440. The building is fully leased to tenants such as Dollar Tree, O\u2019Reilly Auto Parts, Taco Bell and Anytime Fitness.<\/p>\n

Additionally, the buyer plans to expand the retail center with a grocery store and a daycare. In the era of the transforming retail sector, grocery-anchored shopping centers<\/a> can provide the most value and the healthiest fundamentals to help the industry survive. <\/p>\n

JLL\u2019s Capital Markets team included Executive Vice Presidents Tom Lagos and Patrick Toomey.<\/p>\n","protected":false},"excerpt":{"rendered":"

DH Holdings has added to its portfolio a 47,254-square-foot retail asset in Thousand Oaks, Calif. <\/p>\n","protected":false},"author":871,"featured_media":1004345135,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,21742,21749,15],"tags":[44006,46616],"class_list":["post-1004345132","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-latest","category-retail","category-west","tag-jll-capital-markets","tag-tom-lagos"],"acf":[],"yoast_head":"\nLos Angeles-Area Retail Center Sells for $18M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/los-angeles-area-retail-center-sells-for-18m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Los Angeles-Area Retail Center Sells for $18M\" \/>\n<meta property=\"og:description\" content=\"DH Holdings has added to its portfolio a 47,254-square-foot retail asset in Thousand Oaks, Calif.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/los-angeles-area-retail-center-sells-for-18m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2019-08-09T17:51:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Conejo-370.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Evelyn Jozsa\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/los-angeles-area-retail-center-sells-for-18m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/los-angeles-area-retail-center-sells-for-18m\/\",\"name\":\"Los Angeles-Area Retail Center Sells for $18M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/los-angeles-area-retail-center-sells-for-18m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/los-angeles-area-retail-center-sells-for-18m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Conejo-370.jpg\",\"datePublished\":\"2019-08-09T17:51:18+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/7a1fad8f1e02fa4d8f81f7e9ad21736a\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/los-angeles-area-retail-center-sells-for-18m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/los-angeles-area-retail-center-sells-for-18m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/los-angeles-area-retail-center-sells-for-18m\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Conejo-370.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/08\/Conejo-370.jpg\",\"width\":800,\"height\":620,\"caption\":\"Conejo Gateway. 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