Shopping Center Sold in Thousand Oaks, CA

3130 E. Thousand Oaks Blvd. SOLD!

The Inland Country Center in Thousand Oaks located just east of Hampshire Rd., which consists of 10,536 square feet of retail space, has been sold to a new owner by Pam Scott of GPS Commercial Real Estate Services, INC.

Listing price $4,000,000, and sold close to the listing price!

The center is 100% leased to eleven (11) tenants, including a from a barber shop, deli, clothing store and acupuncture center. The shopping center sits on approximately 38,000 square feet of land and is within the Thousand Oaks Specific Plan for its downtown.

 

Hotel Industry Back in Full Swing

Serving Santa Barbara, Ventura & San Luis Obispo Counties

August 28, 2017

Hotel Industry Back in Full Swing

Focus on South Coast

We have seen a dramatic increase in hotel developments along the central coast. Below are some highlighted developments we are much looking forward to along the beautiful West-Coast:

If you would like more information about this topic, please contact Pamela Scott at (805) 560-0040 or email at pscott@gpscre.com.

Downtown Developments in SLO

Serving Santa Barbara, Ventura & San Luis Obispo Counties

September 01, 2017

Downtown San Luis Obispo on Fire

 

There have been a number of recent projects and development located in Downtown San Luis Obispo. Below are a few that we choose to point out:

3-Story Retail, Office, Restaurant project has been approved on the corner of Santa Rosa and Monterey in downtown San Luis Obispo.

Largest Residential Projects + City National Bank Economic Market Update

Focus on Ventura County’s biggest residential projects (plus City National Bank’s Market & Economic Update)!

There are numerous residential development projects planned throughout Ventura County. We have seen a significant increase in the planning of new senior residential communities, mixed-use facilities, and large and mid-scale residential development projects. Many of the current developments are ranging from 20-300 residential units in size, Camarillo with approximately seventeen, and Oxnard having approximately twenty-three of these sized projects.

Below we highlight the largest developments on the horizon, greater than 300 units.

Oxnard

California’s Newest Urban Village- Wagon Wheel Junction- Oxnard, CA

The 63-acre, $450 million Wagon Wheel Village project at Wagon Wheel and Hwy 101 will put about 1,500 housing units, including 120 affordable housing units, and 50,000 square feet of commercial space in the area. Full buildout will feature 559 Condos and 941 rental homes, with many built over retail which will feature unique restaurants and shop space. 

Santa Paula

East Area One Specific Plan- 1,500 Units

Phase One of the plan will include about 640 homes, several commercial buildings, a school for kindergartners through eighth-graders and at least part of a 38-acre community park with sports fields.

Moorpark

Three different projects totaling over 1,500 units outlined below

Carlsberg Specific Plan

500 acres in the southeastern portion of the Moorpark. The plan includes 534 single-family homes, consists of 40 acres for commercial use, 33 acres for office / business park use. There is a 29 acre school and seven acres for institutional use.

Moorpark Highlands

450 single-family residential lots and one multi-family neighborhood proposed for up to 102 units, on property located east of Walnut Canyon Road (SR-23). The project permanently preserves 169 acres of land in a Habitat Conservation Plan, providing open space that enhances the habitat within 94 of those acres, and provides multi-use trails for access to these areas by the public.

Hitch Ranch

A request is currently in process for a 281 acre specific plan that would include development of up to 620 dwelling units and three acres of institutional use, located north of the Union Pacific Railroad, west of Walnut Canyon Road (Highway 23), and generally east of Gabbert Road.

Additionally:

Earlier this week, Pam Scott and Al Segal were invited to attend the City National Bank’s luncheon given by Leo Hamil, along with Annemarie Cole, to see the economist Paul Single discuss the national market and economic forecast. We found it very interesting and informative. Attached below are copies of the reports.

Economic Perspectives

Market and Economic Update

If you would like more information about this topic, please contact Pamela Scott at (805) 560-0040 or email at pscott@gpscre.com.

For all our recent blog posts please visit www.gpscre.com/blog.

GPS IS GROWING

GPS is Growing!

 

New Agents Onboard

 

GPS Commercial Real Estate Services, Inc. is proudly expanding our operation with new agents’ ready to serve you!

 

Broker Allen Segal recently joined the GPS team this August. Mr. Segal is a leading industrial warehouse & investment expert. For more than 40 years, Al has carved out a niche as an expert in investment banking, securities, and commercial real estate brokerage and development.

 

 

Nicholas DeVito will soon be getting his Real Estate License in the Fall. Nick is extremely hard working and detail oriented. Nick intends to begin working for GPS  after graduating from UCSB next June.

 

 

“We put the client first”

 

If you would like more information about this topic, please contact Pamela Scott at (805) 560-0040 or email at pscott@gpscre.com.

 

For all our recent blog posts please visit www.gpscre.com/blog.