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NAI Capital Negotiates 17,492 SF Lease at One Dole Drive, Westlake Village, CA

12/21/2017

Ventura, CA, Thursday, December 21, 2017– CEO Tim Foutz and Executive Managing Director Bill Kiefer negotiated a lease with Conrad N Hilton Foundation at One Dole Drive, Westlake Village, Calif. Foutz and Kiefer, represented the owner Dole Food Company in the transaction. Ben Gary, with the Sevenly Group, represented Conrad N Hilton Foundation. Financial terms of the deal were not disclosed.

Conrad N. Hilton Foundation is a family foundation established in 1944 by the man who started Hilton Hotels. The foundation provides funds to nonprofit organizations working to improve the lives of disadvantaged and vulnerable people throughout the world. Conrad N. Hilton Foundation is headquartered in Agoura Hills, CA. The Foundation’s current assets are approximately $2.5 billion. From its inception, the Foundation has awarded more than $1.5 billion in grants, distributing $109 million in the U.S. and around the world in 2016.

One Dole Drive, is a three story class A building that serves as the world headquarters for Dole Food Company and Castle & Cooke. The Conrad N. Hilton Foundation will occupy nearly 20,000 square feet.  The “U” shaped building features a highly detailed brick façade set over a full basement of underground parking. The building includes a large central atrium lobby and boasts a full service café, meeting rooms, fitness center/gym and full time security. The 25-acre site includes extensive lawns, exotic plantings with mature trees and a decorative pool with a waterfall. Connected to Four Seasons Resort, it is centrally located near the 101 Freeway.

Kiefer said, “Our client is exceptionally pleased to have the Conrad N. Hilton Foundation choose to locate in what is one of the finest corporate facilities in Southern California. This is truly a 5-star business campus.”

“This is an outstanding building for the Conrad N. Hilton Foundation to be in. It has great freeway access for their employees and satisfies their needs in a resort like setting, Foutz added.”

About NAI Capital

NAI Capital is the largest independently owned full service commercial real estate firm headquartered in Southern California. As one of the largest members of NAI Global, a leading global commercial real estate services firm with more than 375 brokerage offices and over 6,700 professionals spanning the globe, NAI Capital provides a complete range of transaction, valuation, investment, property management and consulting services. By leveraging our local expertise with our global reach, NAI Capital offers innovative, customized solutions and seamless service to owners, tenants, investors and developers throughout Southern California. NAI Capital clients have built their businesses on the power of our expanding network. We are a dynamic growing commercial real estate company. At NAI Capital we work together putting our clients first.

NAI Capital Brokerage CA BRE #01990696.

To learn more, visit www.naicapital.com.

About NAI Global

Founded in 1978, NAI Global is a leading global commercial real estate services firm with more than 375 brokerage offices and over 6,700 professionals located throughout North America, Latin America, Europe and Asia Pacific. The firm manages over 380 million square feet of property on behalf of its clients, globally. The NAI Global Capital Markets Group serves the largest institutional owners of and investors in commercial real estate.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.

To learn more, visit www.naiglobal.com.           

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NAI Capital

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