Los Angeles – Nov. 29, 2016 – CBRE Group Inc. and Invesco Real Estate are pleased to announce the opening of two restaurants and a high-end spa at the newly renovated Oakbrook Shopping Center in Thousand Oaks, a high-traffic retail property in Ventura County, California.
The center is anchored by one of the busiest Vons grocery stores in the area, was remodeled last year. Since then, CBRE’s Larry Tanji and Scott Siegel have secured three new leases, including the 2,800 square-foot Hand & Stone spa, the 2,600 square-foot Fusion Grill and the 1,400 square-foot Cinqo Mexican Grill.
This approximately 89,000-square-foot center at Erbes Road and Avenida de Los Arboles, which was renovated to include updated building facades, bigger windows and outdoor seating areas, has two vacant spaces remaining, at 1,950 square feet and 2,100 square feet.
“The community and existing tenants have expressed great excitement about the remodel and the new additions to the center,” said Siegel. “Together with Invesco Real Estate, we are thrilled with the direction of this property and are looking forward to these successful openings.”
Vons, the anchor tenant, also recently remodeled its store, which has added to the attractiveness of the retail center.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (based on 2015 revenue). The Company has more than 70,000 employees (excluding affiliates), and serves real estate investors and occupiers through more than 400 offices (excluding affiliates) worldwide. CBRE offers a broad range of integrated services, including facilities, transaction and project management; property management; investment management; appraisal and valuation; property leasing; strategic consulting; property sales; mortgage services and development services. Please visit our website at www.cbre.com.
About Invesco Real Estate
Invesco Real Estate is a global leader in the real estate investment management business with $71.0 billion in real estate assets under management, 443 employees and 21 regional offices across the U.S., Europe and Asia. The firm was established in 1983 and has been actively investing in core, value-add and opportunistic real estate strategies since 1992. Invesco Real Estate is a business name of Invesco Advisers, Inc. which is an indirect, wholly owned subsidiary of Invesco Ltd., (NYSE: IVZ), one of the largest investment management firms in the world with $820.2 billion in assets under management and on-the-ground presence in 25 cities worldwide. Information as of September 30, 2016.
