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It comes with lots of parking, too! LA investment company buys major Oxnard shopping center

Company pays $90 million for busy complex which features a Home Depot, a sporting goods store, and even an In-N-Out burger off of Highway 101.

A Los Angeles investment firm bought a major shopping center in Ventura County. Primestor Development purchased Oxnard’s Esplanade Shopping Center for $90 million.

The more than 350,000 square foot center has a Home Depot, a Nordstrom Rack, a Staples Store, an In-N-Out burger, and more.

The complex just off of Highway 101 in Oxnard is considered to be very successful, with a more than 90% occupancy rate.

It’s a major expansion for the minority-owned company, which has in the past focused its holdings in the Los Angeles area.

Lance Orozco has been News Director of KCLU since 2001, providing award-winning coverage of some of the biggest news events in the region, including the Thomas and Woolsey brush fires, the deadly Montecito debris flow, the Borderline Bar and Grill attack, and Ronald Reagan's funeral.