Agoura Hills office campus sold for $22 million

Half of property still under construction

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The Village Corporate Center in Agoura Hills, Calif., has been sold for $22 million, according to a press statement issued Monday. TR Funding of Conejo Valley sold the class A, 109,000-square-foot property to The Klein Family Trust of Brentwood. The asset, which features two buildings located at 30077-30101 Agoura Court, was more than 80 percent leased at the time of sale. The first building was 95 percent leased at closing, and the second building, which is scheduled for completion in June, will serve as the headquarters for ISWest, who will occupy more than half that building's space on a 10-year lease agreement. ...