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Business May 3, 2007
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Construction begins on new local office condo

CONSTRUCTION BEGINS- Tony Principe, above center, president of Westcord Commercial Real Estate Services, is joined by company Chairman Rick Principe, right, and Gary Semolich, president of Southern California Builderes, the project contractor. The've announced groundbreaking for The Vantage at Westlake, a $17-million office condominium project in Thousand Oaks. Below, a rendering of the Townsgate Road office condominium shows what the finished product will look like.
Construction is underway on the $17-million The ondominiums in Thousand Oaks, according to Westcord Commercial Real Estate Services.

A development of TR Funding of Westlake Village, The Vantage at Westlake is being built on a twoacre site at 2629 Townsgate Road one block west of Westlake Boulevard and just south of the 101 Freeway.

The concrete slab for the project has already been poured, and walls are expected to be raised within two weeks.

Completion is scheduled for later this year.

According to Tony Principe, Westcord president, 22 of the 23 individual units, ranging from 800 to 2,000 square feet, have been sold to a variety of professional service firms, including insurance, real estate, financial services, legal, technology and software businesses.

The Neil Scribnerdesigned offices have a contemporary motif with extensive use of glass and decorative metal canopies over the entry and window areas.

Southern California Builders of Westlake Village is the general contractor.


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