CKE Restaurants, the parent company of fast-food chains Carl’s Jr. and Hardee’s, is again downsizing the footprint at its Carpinteria headquarters and moving some employees to its Anaheim offices. CKE’s lease at the building at 6307 Carpinteria Ave. expires in March 2015 and the company is currently negotiating for an extension of a smaller space, Read More →
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The 39,875-square-foot office building at 6550 Hollister Ave. in Goleta has been sold to an undisclosed South Coast investor after listing for $14.2 million. The property is leased to Cottage Health System and is located diagonally across from the new Deckers Outdoor Corp. headquarters. “The recession triggered a ‘flight to quality’ among investors, and Read More →
“We go around to offices and every eighth or 10th desk is empty.”
The ninth-largest office park in the Tri-Counties has been sold for $59.1 million. The 1.2 million-square-foot Mission Oaks Corporate Center in Camarillo was purchased by Rexford Industrial, a Los Angeles-based real estate investment firm that lists several smaller industrial properties in Oxnard, Simi Valley and Camarillo in its Southern California portfolio. CBRE Group announced the Read More →
Condor Corporate Center, a 130,000-square-foot office building in Moorpark, is at the center of a lawsuit alleging the owner is in default on a $16 million loan. A Ventura County Superior Court judge appointed a temporary receiver to take charge of the property in December and will consider appointing a permanent receiver later this month. Read More →