Arden Realty Buys Thousand Oaks Building

Arden Realty Limited Partnership has purchased a 60,000-square-foot building in Thousand Oaks for $8.8 million.

The building at 555 St. Charles Place was 94% pre-leased at the time of purchase, with major tenants including LADCO, J.F. Shea Co. and Fast Forward Designs. Hillside Corporate Center LLC was the seller.

With this acquisition, Arden Realty’s Ventura County portfolio now exceeds 1.4 million square feet.

TOLD Partners in Woodland Hills represented both the seller and the buyer in the transaction.