Black Lion Acquires Whole Foods-Anchored Retail Complex in Thousand Oaks, California for $8M

by Amy Works

THOUSAND OAKS, CALIF. — Black Lion has purchased a shopping center located at 692 N. Moorpark Road in Thousand Oaks, for $8 million. The name of the seller was not released.

Whole Foods Market anchors the 23,958-square-foot retail center, which will undergo rebranding. At the time of acquisition, the 11-storefront property was 55 percent occupied. The buyer plans to implement upgrades to the asset including a façade renovation, new roof and parking lot.

Dan Tyner of JLL represented the buyer and seller in the transaction.

You may also like