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The property, about 37 miles north of Los Angeles, is fully leased to Bank of America.
RENTV.com Top Terraces Inc. has paid $30 million, or $145/sf, for the 206,900-square-foot office building at 450 America St. in Simi Valley, Calif. The Marina Del Rey, Calif., investor purchased the property from a subsidiary of Griffin Capital Essential Asset ...
The two properties that Decron bought were The Villas, with 372 units, and the 132-unit Overlook, within a half mile of each other in the Wood Ranch master-planned community in Simi Valley, which is 45 miles northeast of downtown Los ...
fully occupied. Rexford, a Los Angeles REIT, funded its purchase with proceeds from its $6.9 million sale of an industrial property at 9375 Archibald Ave. in Rancho Cucamonga, Calif. It also drew against a line of credit.
Creekside had been encumbered by $40.37 million of debt.
The property contains a 35,000-sf theater that has sat vacant for years.
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