DAUM Represents both Parties in a 23,800 Sq. Ft. Lease in Westlake Village, CA

Date: 05/29/2009
Contact: Public Relations | p: 213-625-3286

DAUM Commercial Real Estate Services announced today that it represented both parties in the lease of 23,800 square feet of industrial space in Westlake Village, CA. The total consideration of the lease was $1,412,000.

Bill Pentz of DAUM’s San Fernando Valley office represented both the landlord, L/B Via Colinas LLC and the tenant, Westlake Village Animal Hospital (WVAH) and Westlake Village Pet Hotel in the transaction. The property is located at 31166 Via Colinas in Westlake Village, CA.

WVAH received approvals from the City of Westlake Village to build an upscale Pet Hotel & Day Spa at the location. As part of the conditional use permit, WVAH also received permission to build a 5000 square foot, state of the art, animal hospital at the same location. WVAH has entered into an agreement with the Beverly Hills Pet Hotels, Inc. to develop The Barkley Pet Hotel & Day Spa.

Along with the animal hospital, The Barkley Pet Hotel will offer luxury boarding, day care, obedience training, grooming, rehabilitation, pool therapy and a range of holistic services such as acupuncture and veterinary orthopedic manipulation along with massage and other chiropractic services.

DAUM Commercial Real Estate Services provides a full array of commercial real estate services including brokerage, consulting, leasing, sales, corporate services and asset, construction, project and property management. Founded in 1904, DAUM is California’s oldest and most experienced commercial real estate brokerage company. DAUM has 9 offices throughout Southern California and Arizona. More information is available at www.daumcommercial.com.

DAUM Commercial Real Estate Services is a member of ONCOR International, a premier global commercial real estate network. ONCOR International members represent over 50 independent commercial real estate brokerages, with more than 2,200 associates, in over 170 offices throughout 32 countries. In 2007 ONCOR International members were collectively responsible for approximately $38.4 billion in commercial real estate volume and over 17,000 commercial real estate transactions. ONCOR International LLC, a subsidiary of Realogy Corporation, oversees the ONCOR International member network. More information is available at www.oncorintl.com.