{"id":279,"date":"2020-03-10T15:01:19","date_gmt":"2020-03-10T22:01:19","guid":{"rendered":"https:\/\/www.lee-associates.com\/los-angeles-north\/?p=279"},"modified":"2020-03-10T15:01:19","modified_gmt":"2020-03-10T22:01:19","slug":"lee-associates-la-north-ventura-transacts-office-lease-for-25956-sf","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/los-angeles-north\/2020\/03\/10\/lee-associates-la-north-ventura-transacts-office-lease-for-25956-sf\/","title":{"rendered":"Lee &amp; Associates-LA North\/Ventura Transacts Office Lease for 25,956 SF"},"content":{"rendered":"<h4><em>Anchor Loans to expand footprint in Westlake Village facility<\/em><\/h4>\n<p>&nbsp;<\/p>\n<p><strong>WESTLAKE VILLAGE, CA \u2013 Mar. 10, 2020 \u2013 <\/strong>Anchor Loans, the nation\u2019s premier fix-and-flip lender with lending operations in 46 states, has leased 25,956-square-feet of office space at One Westlake located at 1 Baxter Way in Westlake Village, CA, according to Lee &amp; Associates-LA North\/Ventura Principal Jared Smits and President\/Principal Mike Tingus, who represented the tenant in the transaction.<\/p>\n<p>\u201cAnchor Loans has been experiencing rapid growth,\u201d Smits said, \u201cand needed to expand its footprint by about 30 percent. This move provides space for expansion in a prestige facility that offers a superior work environment for its employees, so it checked all the boxes.\u201d<\/p>\n<p>Anchor Loans, which will be relocating from Calabasas, has increased its Los Angles based employee count by an average of 15 percent per year over the past three years, and the company\u2019s average annual growth rate over the last three years is just under 25 percent by revenue, according to Anchor\u2019s CFO Bryan Thompson.<\/p>\n<p>\u201cOur company is really excited about the move,\u201d Thompson said. \u201cIt\u2019s great space in a premier building close to places to shop and eat, and Thousand Oaks is a growing, business-friendly community that will help position us for the future.\u201d<\/p>\n<p>One of the most prominent facilities in the Conejo Valley, One Westlake offers a lush, campus-like setting with an on-site caf\u00e9, outdoor and indoor common areas, a fitness center and ample parking ratios in proximity to the Ventura Freeway and the Westlake Promenade.<\/p>\n<p>\u201cThe city welcomes Anchor Loans to the Thousand Oaks business community,\u201d said Haider Alawami, Economic Development Manager for the City of Thousand Oaks which encompasses a portion of Westlake Village. \u201cThe company and its many employees will be a great addition to the thriving businesses operating here and will further enhance our city\u2019s economic vitality.\u201d<\/p>\n<p>Anchor Loans has provided more than $1 billion in real estate financing annually since 2016 and has funded more than $7.7 billion in loans since its founding.<\/p>\n<p>Matt Heyn at CBRE represented the landlord, One Baxter Way, LP.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Anchor Loans to expand footprint in Westlake Village facility &nbsp; WESTLAKE VILLAGE, CA \u2013 Mar. 10, 2020 \u2013 Anchor Loans, the nation\u2019s premier fix-and-flip lender with lending operations in 46 states, has leased 25,956-square-feet of office space at One Westlake located at 1 Baxter Way in Westlake Village, CA, according to Lee &amp; Associates-LA North\/Ventura Principal Jared Smits and President\/Principal Mike Tingus, who represented the tenant in the transaction. \u201cAnchor Loans has been experiencing rapid&#8230;<\/p>\n","protected":false},"author":65,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[328,162,329],"class_list":["post-279","post","type-post","status-publish","format-standard","hentry","category-press-releases","tag-jaredsmits","tag-miketingus","tag-officeleasing"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Lee &amp; 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Associates-LA North\/Ventura Principal Jared Smits and President\/Principal Mike Tingus, who represented the tenant in the transaction. \u201cAnchor Loans has been experiencing rapid...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lee-associates.com\/los-angeles-north\/2020\/03\/10\/lee-associates-la-north-ventura-transacts-office-lease-for-25956-sf\/\" \/>\n<meta property=\"og:site_name\" content=\"Lee &amp; Associates North Los Angeles\" \/>\n<meta property=\"article:published_time\" content=\"2020-03-10T22:01:19+00:00\" \/>\n<meta name=\"author\" content=\"sgarcia\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"sgarcia\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/los-angeles-north\\\/2020\\\/03\\\/10\\\/lee-associates-la-north-ventura-transacts-office-lease-for-25956-sf\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/los-angeles-north\\\/2020\\\/03\\\/10\\\/lee-associates-la-north-ventura-transacts-office-lease-for-25956-sf\\\/\"},\"author\":{\"name\":\"sgarcia\",\"@id\":\"https:\\\/\\\/www.lee-associates.com\\\/los-angeles-north\\\/#\\\/schema\\\/person\\\/555b2a385a18e7a4a0b8e40a2fcc244d\"},\"headline\":\"Lee &amp; 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