The 103,719-sf development stands at 195-325 E. Hillcrest Drive. It's known by local brokers as Thousand Oaks Financial Plaza.
The development was purchased by IPX Inc., a private investment group based in Santa Barbara. The office complex was sold by Pacifica Thousand Oaks LLC, another Southland-based real estate investor.
A Grubb & Ellis team of Kevin Shannon and Tom Festa represented Pacifica Thousand Oaks in the transaction. Michael Slater of CB Richard Ellis represented IPX.
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