Even during the pandemic, commercial real estate in the medical office and life science areas proved to be reliable product for investors. The sectors continue to do well in the San Fernando Valley.
The Tri-Cities has seen medical buildings trade for close to $25 million a piece while the Conejo Valley’s life science corridor of Thousand Oaks, Newbury Park and Westlake Village — originally launched by Amgen Inc. — has seen its boundaries expand into Agoura Hills and Santa Clarita.
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