A commercial office building in Thousand Oaks has just set a new benchmark for the local market.
DJM Commercial Real Estate President David Massie recently closed the sale of a nearly 5,000 square foot office building located at 3249 Old Conejo Road for approximately $2 million, achieving $418 per square foot—the highest price per square foot ever recorded within this 30-building office and medical complex.
The development, completed in 2008, includes roughly thirty similar buildings, making this sale a notable milestone for the Thousand Oaks office market. The transaction highlights continued demand for well-positioned office and medical properties, even in a competitive and evolving commercial real estate landscape.
For property owners considering a sale—or investors evaluating opportunities—this record-setting transaction demonstrates how strategic pricing, positioning, and market expertise can significantly impact results.
To learn more about buying or selling commercial real estate—including office, medical, retail, or industrial properties—contact David Massie at david@djmcre.com
or 805-217-0791.
For additional insights and market updates, visit djmcre.com and explore the blog.