Colliers International Completes $1.95 Million Sale of Office Property in Thousand Oaks, Calif.
Thousand Oaks, CA – June 6, 2012 – (RealEstateRama) — Colliers International, the third largest global real estate services organization, has completed the $1.95 million sale of an approximately 12,800 square foot office property located at 199 E. Thousand Oaks Blvd. in Thousand Oaks, Calif.
Chris Itule, senior associate, Jeff Albee, senior vice president, and Jeff Gould, senior associate, of Colliers International represented the seller, a locally based private family trust, as well as the buyer, who is a financial services owner/user that plans on relocating its business to this building.
“Through an aggressive marketing campaign, Colliers reached out to the owner/user tenant base in the area,” said Itule. “We received multiple competitive offers and selected the most qualified owner/user buyer to close on this transaction.”
Situated adjacent to the 101 and 23 freeways, the property was built in 1964 and is a multi-tenant asset which is well-located just east of the busy intersection of Thousand Oaks Blvd. and Moorpark Road.
About Colliers International
Colliers International is the third largest commercial real estate services company in the world with 12,500 professionals operating out of more than 500 offices in 61 countries. A subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), it focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and valuation, consulting and appraisal services, mortgage banking and research. Commercial Property Executive and Multi-Housing News magazines ranked Colliers International as the top U.S. real estate company and the latest annual survey by the Lipsey Company ranked Collier s International as the second most recognized commercial real estate brand in the world.
Since 1908, Colliers has stood at the forefront of the Los Angeles real estate industry. Today, Colliers operates seven offices throughout Greater Los Angeles, including Downtown Los Angeles, Orange County, Inland Empire, South Bay, San Fernando Valley, Santa Clarita and Commerce. Follow us at www.twitter.com/colliersgla.
