98,776 sf life science conversion project on 6.66 acres in Westlake Village in Thousand Oaks, CA.
Gray Matter will immediately convert the vacant project to life science use with a spec lab and office build out, 4,000 amps of power and dedicated shipping & receiving.
Project is the former headquarters for Anthem Blue Cross, sits on top of a hill with sweeping views of the Conejo Valley and Santa Monica Mountains.
The building has extensive window lines, large balconies and outdoor amenity areas.
The Conejo Valley is a major life science hub within Los Angeles due to its proximity to Amgen, Westlake Village BioPartners, and a community of biotechnology founders/executives who live nearby.
Los Angeles is one of the largest life science markets in the country with its proximity to major research institutions at Cal Tech, USC, UCLA and City of Hope, among others.
Property purchased at a significant discount to replacement cost.