Kennedy Wilson Leases Remaining Office Space

THOUSAND OAKS—Pacific Compensation Insurance Co. has signed a 53,214-square-foot lease with Kennedy Wilson at the Oaks, a three-story 355,000-square-foot office building in Thousand Oaks. The lease was the last remaining space available, and brings the building’s occupancy to 100%.

“Pacific Compensation Insurance was attracted to the building because they could have contiguous space of approximately 45,000 square feet on one floor, which allowed for maximum efficiency in the utilization of the space,” John Prabhu, president of Kennedy Wilson’s commercial investment group, tells GlobeSt.com. “In addition, the Oaks is considered one of the best quality office buildings in the submarket and its close proximity to the Caruso Affiliated Promenade shopping center gives Pacific Compensation’s employees access to numerous dining options and other amenities. The Oaks also benefits from professional and responsive on-site management, a unique architectural style, abundant parking and close proximity and visibility from the 101 Freeway.”