{"id":1004377298,"date":"2019-12-19T04:32:10","date_gmt":"2019-12-19T12:32:10","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004377298"},"modified":"2019-12-19T04:32:10","modified_gmt":"2019-12-19T12:32:10","slug":"eq-office-sells-137-ksf-los-angeles-office-park","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/eq-office-sells-137-ksf-los-angeles-office-park\/","title":{"rendered":"EQ Office Sells 137 KSF Los Angeles Office Park"},"content":{"rendered":"<div id=\"attachment_1004377310\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/17354.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004377310\" data-attachment-id=\"1004377310\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/eq-office-sells-137-ksf-los-angeles-office-park\/attachment\/17354\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/17354.jpg\" data-orig-size=\"640,512\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"17354\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Solar Drive Business Park&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/17354.jpg?w=640\" class=\"wp-image-1004377310 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/17354.jpg\" alt=\"\" width=\"300\" height=\"240\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/17354.jpg 640w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/12\/17354.jpg?resize=300,240 300w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004377310\" class=\"wp-caption-text\">Solar Drive Business Park<\/p><\/div>\n<p>Omninet Capital has acquired a 136,744-square-foot, three-building office property in Oxnard, Calif. Newmark Knight Frank represented the seller of Solar Drive Business Park, EQ Office.<\/p>\n<p>Located at <span style=\"color: #3b3637; background: white;\">1901, 2001 and 2051 N. Solar Drive<\/span>, the asset is in a prominent medical node in Ventura County, within an opportunity zone. St. John&#8217;s Regional Medical Center, Magnolia Family Medical Center and Kaiser Permanente are all within a mile of the property. Several retail options are close to the office park, including Shopping At The Rose, which is a mile from Solar Drive.<\/p>\n<p>Built in 1989, the business center includes 500 parking spaces, with a parking ration of four per 1,000 square feet. Solar Drive is 75 percent occupied by medical and office tenants. Recently, the former owner invested $1.8 million in capital improvements, including build-out of the vacant suites, according to NKF Executive Managing Director&nbsp;<span style=\"color: #3b3637; text-decoration: none; text-underline: none;\">Sean Fulp.&nbsp;<\/span><\/p>\n<p><span style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; word-spacing: 0px;\">Fulp, together with Managing Director&nbsp;<\/span><span style=\"color: #3b3637; text-decoration: none; text-underline: none;\">Ryan <\/span><span style=\"color: #3b3637; text-decoration: none; text-underline: none;\">Plummer<\/span><span style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; word-spacing: 0px;\">, Director&nbsp;<\/span><span style=\"color: #3b3637; text-decoration: none; text-underline: none;\">Mark Schuessler&nbsp;<\/span><span style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; word-spacing: 0px;\">and Executive Managing Director&nbsp;<\/span><span style=\"color: #3b3637; text-decoration: none; text-underline: none;\">Ken White were part of the team that worked on behalf of EQ Office<\/span><span style=\"font-variant-ligatures: normal; font-variant-caps: normal; orphans: 2; widows: 2; -webkit-text-stroke-width: 0px; text-decoration-style: initial; text-decoration-color: initial; float: none; word-spacing: 0px;\">. In October, Fulp and White also represented the seller of <a href=\"https:\/\/www.commercialsearch.com\/news\/north-sea-capital-pays-45m-for-lax-office-tower\/\">a 306,243-square-foot office tower<\/a><\/span>&nbsp;in the LAX submarket. The asset was acquired by a joint venture led by North Sea Capital Advisors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Recently, the company spent $1.8 million on upgrades at the three-building property.  <\/p>\n","protected":false},"author":868,"featured_media":1004377310,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1594,21742,21747,15],"tags":[43400,38163,36007,35009,43688,39124],"class_list":["post-1004377298","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-los-angeles","category-latest","category-office","category-west","tag-eq-office","tag-ken-white","tag-newmark-knight-frank","tag-omninet-capital-llc","tag-opportunity-zones","tag-sean-fulp"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - 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