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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


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