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Wednesday, Oct 4, 2023

Development Signs Up Four New Tenants

Santal, a mixed-use development in Thousand Oaks, has signed on four new tenants for its 11,000-square-foot of ground-floor retail space, making the ground floor 100% leased.

The newly constructed development, located at 299 E Thousand Oaks Blvd., features 142 luxury apartment units, ranging from studios to one- and two-bedroom residences. The apartment complex opened in January.

Community amenities include a residential pool, fitness studio, yoga room, sun terrace and workspace. Ground retail is set to open later this year.

“I am excited to be a part of the beautiful new project and to be able to facilitate bringing these great businesses to Thousand Oaks,” Drew Principe, a retail specialist at Westcord Commercial Real Estate Services who led the leasing, said in a statement. “These exceptional tenants will soon become an integral part of our thriving community.”

Tenants include Joi Birds, a vegan restaurant; GoFish Sushi; Basta, an Italian eatery; and Club Lagree, a Pilates studio.

All four have signed a minimum of 10-year leases, with the possibility of extending. They’re currently completing tenant-improvement work – refurbishing the interiors of each space – and are set to open their doors on a rolling basis, most likely beginning with Joi Birds. All four should be open by next summer.

Santal is the second mixed-use development to be completed on Thousand Oaks Boulevard, following 1710 on the Blvd., according to Westcord Commercial. It is part of the city’s “specific plan 20” vision– an initiative created by the city of Thousand Oaks as well as neighborhood developers to spur community growth and anchor Thousand Oaks Boulevard as a downtown core.

Hannah Madans Welk
Hannah Madans Welk
Hannah Madans Welk is a managing editor at the Los Angeles Business Journal and the San Fernando Valley Business Journal. She previously covered real estate for the Los Angeles Business Journal. She has done work with publications including The Orange County Register, The Real Deal and doityourself.com.

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