Welcome!

Microservices Expo Authors: Elizabeth White, Liz McMillan, Pat Romanski, Yeshim Deniz, Zakia Bouachraoui

News Feed Item

CT Realty Investors Sells Three-Building Ventura Office Property

VENTURA, CA -- (Marketwire) -- 11/15/12 -- CT Realty Investors Inc. (www.ctrinvestors.com) has sold the City Center office property in Ventura, Calif., to 5700/5720/5740 Ralston Street, LLC, for $15.5 million. The three-building City Center, totaling 111,000 square feet of office space, is located at 5700, 5720 and 5740 Ralston St. in the heart of Ventura approximately one mile from the 126 and 101 Freeways near the Victoria Avenue exit. The Victoria Avenue Corridor is one of the region's most important submarkets.

After purchasing the 5.6-acre property known as the Ventura Professional Center in 2008, CT Realty made significant capital improvements to reposition and rebrand it as "The City Center." Large, unoccupied suites at the property were demised into units of 3,000 square feet or less to appeal to smaller, service-oriented tenants that represented a large percentage of the market. The company also replaced HVAC units, upgraded landscaping, replaced parking lot lighting, repaired window soffits, painted exteriors, and updated interior corridors and lobby areas.

The property is currently at 95 percent occupancy. Major tenants include Crowell Weedon, ReMax Gold Coast Partners and the County of Ventura.

According to James "Watty" Watson, president and CEO of CT Realty, "City Center was transformed into one of the most desirable business locations in the region through an aggressive renovation program, typifying CT's strategy of acquiring under-valued yet well-located properties and repositioning them to compete in the current marketplace. We are very pleased with the performance of the City Center and how receptive the market has been to this premier office project."

CT Realty was represented in the investment transaction by Mark Perry and Carlene O'Neill of CBRE's office in Camarillo, Calif., with CBRE's Bill Clark and John La Spada serving as the leasing brokers for the property. Timothy Foutz of NAI Capital's Encino, Calif., office represented the buyer.

About CT Realty Investors

Since its establishment in 1994, Aliso Viejo, Calif.-based CT Realty Investors has completed more than 220 transactions with value in excess of $2.5 billion. The focus of CT Realty's investment activities is to acquire well-located assets in major markets with the potential to enhance their value through a solid, hands-on management approach. For more information, contact Carter Ewing at CT Realty Investors at (949) 330-5777 or visit www.ctrinvestors.com.

For More Information:
Donna Hahn
Hahn Communications
(949) 458-3983
Email Contact

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Microservices Articles
In his general session at 19th Cloud Expo, Manish Dixit, VP of Product and Engineering at Dice, discussed how Dice leverages data insights and tools to help both tech professionals and recruiters better understand how skills relate to each other and which skills are in high demand using interactive visualizations and salary indicator tools to maximize earning potential. Manish Dixit is VP of Product and Engineering at Dice. As the leader of the Product, Engineering and Data Sciences team at D...
Modern software design has fundamentally changed how we manage applications, causing many to turn to containers as the new virtual machine for resource management. As container adoption grows beyond stateless applications to stateful workloads, the need for persistent storage is foundational - something customers routinely cite as a top pain point. In his session at @DevOpsSummit at 21st Cloud Expo, Bill Borsari, Head of Systems Engineering at Datera, explored how organizations can reap the bene...
In his session at 20th Cloud Expo, Scott Davis, CTO of Embotics, discussed how automation can provide the dynamic management required to cost-effectively deliver microservices and container solutions at scale. He also discussed how flexible automation is the key to effectively bridging and seamlessly coordinating both IT and developer needs for component orchestration across disparate clouds – an increasingly important requirement at today’s multi-cloud enterprise.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term.
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Most DevOps journeys involve several phases of maturity. Research shows that the inflection point where organizations begin to see maximum value is when they implement tight integration deploying their code to their infrastructure. Success at this level is the last barrier to at-will deployment. Storage, for instance, is more capable than where we read and write data. In his session at @DevOpsSummit at 20th Cloud Expo, Josh Atwell, a Developer Advocate for NetApp, will discuss the role and value...
SYS-CON Events announced today that DatacenterDynamics has been named “Media Sponsor” of SYS-CON's 18th International Cloud Expo, which will take place on June 7–9, 2016, at the Javits Center in New York City, NY. DatacenterDynamics is a brand of DCD Group, a global B2B media and publishing company that develops products to help senior professionals in the world's most ICT dependent organizations make risk-based infrastructure and capacity decisions.
"We do one of the best file systems in the world. We learned how to deal with Big Data many years ago and we implemented this knowledge into our software," explained Jakub Ratajczak, Business Development Manager at MooseFS, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Enterprise architects are increasingly adopting multi-cloud strategies as they seek to utilize existing data center assets, leverage the advantages of cloud computing and avoid cloud vendor lock-in. This requires a globally aware traffic management strategy that can monitor infrastructure health across data centers and end-user experience globally, while responding to control changes and system specification at the speed of today’s DevOps teams. In his session at 20th Cloud Expo, Josh Gray, Chie...
Containers and Kubernetes allow for code portability across on-premise VMs, bare metal, or multiple cloud provider environments. Yet, despite this portability promise, developers may include configuration and application definitions that constrain or even eliminate application portability. In this session we'll describe best practices for "configuration as code" in a Kubernetes environment. We will demonstrate how a properly constructed containerized app can be deployed to both Amazon and Azure ...