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.