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Thursday, Mar 28, 2024

Westlake Medical Plaza Purchased for $5.6 Million

Westlake Medical Plaza in Thousand Oaks has sold for $5.6 million, or $260 per square foot, according to CoStar Group. The buyer and seller are listed under a pair of LLC names — La Venta LLC sold the building to 1220 La Venta Drive Westlake M. Located at 1220 La Venta Drive, the two-story, 21,567 square-foot medical building was 95.4 percent leased at the time of the sale. Huntington Reproductive Center, Westlake Physical Therapy and Westlake Gynecology are the address’s main tenants. Other businesses listed among Westlake Medical Plaza’s 13 tenants include Westlake Village Urgent Care, Westlake Physical Medicine and Quest Diagnostics. The transaction was recorded on Sept. 27.

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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