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Colony Capital JV Sells Los Angeles-Area Office Building

TriStar Realty Group has acquired a five-story Class A office building in Thousand Oaks, Calif., for $21.6 million from a joint venture between Colony Capital and SteelWave. The 158,885-square-foot building is located at 225 W. Hillcrest Drive and features a courtyard and parking. CBRE’s John LaSpada represented TriStar, while Newmark Knight Frank’s Kevin Shannon, Ken White, Rob Hannan, Laura Stumm, Sean Fulp, Ryan Plummer and Mark Schuessler represented the seller

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CBRE,Colony Capital Inc.,Kevin Shannon,Newmark Knight Frank,NorthStar Realty Finance Corporation,SteelWave