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6800 Owensmouth Acquired

Westcord Makes a Class A Purchase
By Claire Lovell-lepak
May 15, 2002 | 8:30 P.M.

Owensmouth LLC, which is comprised of developers of numerous office projects throughout Ventura County, purchased the office building at 6800 Owensmouth Ave. in Canoga Park, CA. This 80,000-square-foot building is across the street from Westfield Shopping Town. The four-story, class A building features a distinctive white stucco and dark glass facade. At the time of purchase, the building was 85% leased. The tenant roster includes the State of California, Hughes Credit Union, Kinney Shoes & the Department of Motor Vehicles. Total consideration is $8.4 million, or $105 per square foot. Tony Principe of Westcord Commercial Real Estate represented the buyer. Mark Leonard, Ron Wade and Matt Heyn of Cushman & Wakefield represented the seller.

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News | 6800 Owensmouth Acquired