San Fernando Valley Major Events ? Countrywide Industries signed a lease with developer/owner ACD2 for an 85,000-square-foot, build-to-suit office development in Calabasas. ?The 30-acre, 380,000-square-foot campus that was formerly the headquarters of Coast Federal Bank in West Hills came on the market following Home Savings’ acquisition of Coast in February. ? A 201,000-square-foot building at 5161 Lankershim Blvd. was part of a $600 million portfolio purchase by Arden Realty from Leighton-Belling & Associates and AEW. ? Delma Properties of New York purchased two office buildings from Boston’s T/A Associates: the West Hills Plaza, an 84,000-square-foot building at 20700 Ventura Blvd., and the Sherman Oaks Atrium, a 96,000-square-foot building at 15315 Magnolia Blvd. ? The Professional Building at 5900 Sepulveda Blvd. in Sherman Oaks was sold for $6.6 million. ? Teradyne acquired a 112,000-square-foot, two-story R & D; building at 3500 Willow Lane in Westlake Village and a two-story, 100,000-square-foot R & D; building at 29903 Agoura Road in Agoura Hills. ? Ground was broken at The Plant, where Voit Cos. and Selleck Properties are developing an industrial/commercial park at the former General Motors plant on Van Nuys Boulevard.
San Fernando Valley Major Even