Black Lion Acquires Retail Center in Thousand Oaks, California for $8 Million

Thousand Oaks, Calif. — Black Lion has purchased a retail center in Thousand Oaks for $8 million. Whole Foods Market anchors the 23,958-square-foot property, which was 55 percent occupied at the time of acquisition. The buyer plans to implement upgrades including a façade renovation, new roof and parking lot, as well as rebrand the property. Dan Tyner of JLL represented both the buyer and undisclosed seller in the transaction.