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Avison Young brokers $2.05 million sale of a 7,304-sf office building in Ventura, CA

Avison Young brokers $2.05 million sale of a 7,304-sf office building in Ventura, CA 11 Mar 2021

Los Angeles, CA – Avison Young announced today it has brokered the $2.05 million sale a 7,304 square-foot office building located at 4591 Market Street in Ventura, CA.

Avison Young’s Hayden Eaves, Patrick Barnes, Kristen Sullivan, Chris Maling and David Maling represented the seller, County Schools Federal Credit Union (CSFCU) who also currently occupies the property. The buyer was a private investor from Ventura.  

The two-story office building was built in 1993 and is situated at the intersection of Market Street and Eastman Avenue.

“We negotiated a short-term leaseback with the new ownership on behalf of CFSCU,” said Eaves. “In September of 2020, Avison Young worked with CSFCU to acquire a new headquarters and store location on Main Street in Ventura that will be ready for move-in later this year once tenant improvements have been completed.”

Avison Young creates real economic, social and environmental value as a global real estate advisor, powered by people. As a private company, our clients collaborate with an empowered partner who is invested in their success. Our integrated talent realizes the full potential of real estate by using global intelligence platforms that provide clients with insights and advantage. Together, we can create healthy, productive workplaces for employees, cities that are centers for prosperity for their citizens, and built spaces and places that create a net benefit to the economy, the environment and the community.

Avison Young is a 2020 winner of the Canada's Best Managed Companies Platinum Club designation, having retained its Best Managed designation for nine consecutive years.

www.avisonyoung.com

 

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For more information:

  • Darcie Giacchetto, Avison Young, 949.278.6224