{"id":1004351942,"date":"2019-09-12T22:26:46","date_gmt":"2019-09-13T06:26:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004351942"},"modified":"2025-02-27T22:33:29","modified_gmt":"2025-02-28T06:33:29","slug":"lee-associates-arranges-los-angeles-office-sale","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/lee-associates-arranges-los-angeles-office-sale\/","title":{"rendered":"Lee & Associates Arranges Los Angeles Office Sale"},"content":{"rendered":"
\"Marin<\/a>

Marin Corporate Center. Image courtesy of Lee & Associates<\/em><\/p><\/div>\n

CGI Strategies has acquired Marin Corporate Center\u2014a 50,234-square-foot office campus in Thousand Oaks, Calif.\u2014according to Yardi Matrix data. Jamison Services sold the asset for $9.3 million. Principals Jay Rubin and Scott Silverstein from Lee & Associates worked on behalf of both parties and have been selected to lease the property. <\/p>\n

Located at 501-509 Marin St. in the Thousand Oaks submarket of Ventura County, the property is within walking distance of Janss Marketplace and The Oaks Shopping Mall, as well as close to plenty of residential properties. The two-building campus was 50 percent leased at the time of sale. According to Rubin, the new owner intends to renovate and reposition the asset to Class A medical and office use. Renovation plans include both the interior and exterior.<\/p>\n

Recently, another team from the same brokerage company represented the seller in a 1031 exchange retail transaction in Lake Forest, Calif. A private family spent $4.5 million for a roughly 10,000-square-foot asset<\/a>.  <\/p>\n

If you\u2019d like to be featured in Brokers\u2019 Corner, send your deal to deals@cpe-mhn.com<\/strong><\/a>.<\/em> <\/p>\n","protected":false},"excerpt":{"rendered":"

Principals Jay Rubin and Scott Silverstein represented both parties in the transaction. The new owner intends to reposition the 50,234-square-foot Marin Corporate Center as a Class A medical office asset. <\/p>\n","protected":false},"author":748,"featured_media":1004351948,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21783,1594,21742,21747,15],"tags":[46991,32762],"class_list":["post-1004351942","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-investment","category-los-angeles","category-latest","category-office","category-west","tag-cgi-strategies","tag-lee-associates"],"acf":[],"yoast_head":"\nLee & Associates Arranges Los Angeles Office Sale - 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\/lee-associates-arranges-los-angeles-office-sale\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Lee & Associates Arranges Los Angeles Office Sale\" \/>\n<meta property=\"og:description\" content=\"Principals Jay Rubin and Scott Silverstein represented both parties in the transaction. 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