Lee & Associates Transacts 15,510 Square Foot Office Lease in Oxnard, CA
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Lee & Associates Transacts 15,510 Square Foot Office Lease in Oxnard, CA

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Transaction to bring the first Laurus College campus to Ventura County

OXNARD, CA – July 29, 2011 – (RealEstateRama) — Lee & Associates-LA North/Ventura, Inc. Principals John Ochoa, SIOR, and Grant Harris and Vice President David Kim transacted a 15,510-square-foot office lease that will bring the first Laurus College campus to Ventura County.

Total consideration for the five-year lease at 2351 Lockwood St. in Oxnard, CA, is in excess of $1,570,000.

“The search took almost a year because Laurus College was looking for a highly visible location with signage opportunity in a market with demographics that matched its student profile,” said Ochoa. “We identified every opportunity with freeway frontage but this building really met their expectations.”

Laurus, a wholly owned subsidiary of Michigan-based QE2 Systems, Inc., has three California locations in Atascadero, San Luis Obispo and Santa Maria. The school provides post-secondary education in fields including Microsoft Office software, A+ certification, 3D animation, business, medical billing, web design, and computer networking.

The school will occupy the entire building, which sits along the Ventura (101) Freeway with highly visible building signage. Opening is expected in the fourth quarter of 2011.

The landlord, Sunbelt Enterprises, represented itself in the transaction.

About Lee & Associates – LA North/Ventura, Inc.
Celebrating more than 30 years of leadership in the commercial real estate industry, Lee & Associates®, is the largest broker-owned commercial real estate provider in the nation with 43 offices in California, Arizona, Georgia, Idaho, Illinois, Indiana, Kansas, Michigan, Missouri, Nevada, New Jersey, South Carolina, Texas and Wisconsin. Lee & Associates-LA North/Ventura, Inc., a member of the Lee & Associates group of companies, provides industrial, office, retail and multifamily/investment brokerage services across the San Fernando Valley, Conejo Valley, Antelope Valley and throughout Ventura County. Founded in Sherman Oaks in 1994, Lee & Associates-LA North/Ventura now operates four California offices including Calabasas, Ventura County and Antelope Valley. For more information, contact usat 818.986.9800 or visit us online at www.lee-associates.com.

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Lee & Associates

Lee & Associates-Investment Services Group (Lee ISG) provides commercial real estate brokerage and advisory services to public and private investors, investment trusts, high net worth individuals and banks and lending institutions throughout Southern California and the nation. Utilizing a team approach that allows us to customize resources to the requirements of each assignment, we assist clients to capitalize on opportunities and build wealth while minimizing costs and mitigating risk.

Our agents represent a comprehensive spectrum of expertise including acquisitions and dispositions, 1031 exchanges, real estate investment consulting, land assemblage, property and portfolio evaluation and market research and analysis for office, industrial, retail, shopping center, NNN and multifamily assets. As a member of the Lee & Associates Group of Companies we also provide our clients with access to local market expertise through 43 offices in California, Arizona, Georgia, Idaho, Illino  is, Indiana, Kansas, Michigan, Missouri, Nevada, South Carolina, New Jersey, Texas and Wisconsin.

Contact:

Phone: 818-933-0317

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