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Tuesday, Apr 16, 2024
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Simi Valley’s Stonegate Plaza Sells

Stonegate Square, a class B office building located at 1965-1985 Yosemite Ave. in Simi Valley, sold for $2.9 million, or $180 a square foot, in a deal closed Jan. 24. Built in 1987, the 16,154 square-foot structure houses a mix of medical, legal and financial services. Among the two-story building’s 16 tenants: Jury Systems Inc., CityLights Financial, State Farm Insurance, Border7 Studios, GMZ Engineering, Ohana Family Counseling, Perpetual Care Hospice Inc. and Martin R. Weinberg Law. The buyer is Stonegate Plaza LLC. The seller is Stonegate Square LLC.

Michael Aushenker
Michael Aushenker
A graduate of Cornell University, Michael covers commercial real estate for the San Fernando Valley Business Journal. Prior to the Business Journal, Michael covered the community and entertainment beats as a staff writer for various newspapers, including the Jewish Journal of Greater Los Angeles, The Palisadian-Post, The Argonaut and Acorn Newspapers. He has also freelanced for the Santa Barbara Independent, VC Reporter, Malibu Times and Los Feliz Ledger.

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