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Work Begins on Thousand Oaks Offices

THOUSAND OAKS, CA-The $4-million, 22,000-sf class A building is already 60% leased. Completion is expected early next year.

By David W. Myers | Updated on July 18, 2001

THOUSAND OAKS, CA-Construction has begun on Moody Court Corporate Center, a $4-million, 22,000-sf class A office building here in this northwest suburb of Los Angeles.

The two-story development is rising on a 1.4-acre parcel at 100 Moody Court, just north of the Ventura (101) Freeway. It is a project of privately held TR Funding LLC, which is based in nearby Westlake Village.

Though ground was just broken, the building is already 60% leased. Earlier this year, fast-growing restaurateur Baja Fresh signed a 10-year lease valued at $3 million to use the entire 12,000-sf second floor as its corporate headquarters when the low-rise opens in the first quarter of 2002.

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