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A venture of Cross Ocean Partners and Palisade Group has paid $69.4 million, or $311.68/sf, for the 222,667-square-foot Park Calabasas office property in Calabasas, Calif. It is fully leased by seven tenants.
Commercial Real Estate Direct Staff Report A venture of Cross Ocean Partners and Palisade Group has paid $69.4 million, or $311.68/sf, for the 222,667-square-foot Park Calabasas office property in Calabasas, Calif. Cross Ocean, of Greenwich, Conn., and Palisade, of Los ...
REBusiness Online ResMed Motor Technologies has agreed to fully lease the 128,700-square-foot industrial and research and development property at 26801 Agoura Road in Calabasas, Calif. The medical equipment manufacturer was represented in the lease by Cushman & Wakefield. It will ...
Weintraub Real Estate Group has completed the 125-room Cambria Hotel Calabasas in Calabasas, Calif. The Malibu, Calif., developer broke ground on the $45 million property, at 26400 Rondell St., in 2019. It received $29 million of construction financing from a foreign ...
It is 92 percent leased to six tenants with an average remaining lease term of 10 years. In 2019, the property underwent a $12 million renovation.
Gemdale USA has paid $79 million, or $355.02/sf, for the Park Calabasas, a 222,524-square-foot office property in Calabasas, Calif. The Pasadena, Calif., real estate developer purchased the property from a venture of Rising Realty Partners and Fortress Investment Group, which ...
96 percent occupied.
78 percent leased. Madison Partners secured a $44.7 million mortgage from Square Mile Capital on behalf of the buyer.
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