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A private investor operating as 10835 Camarillo Apartments has acquired Ionian Plaza in Lancaster for $6.2 million from a joint venture between Eliopulos Commercial and Industrial Development.

The property is a 22,790 square foot multitenant office building located at 42225 10th Street W. The property was 100% leased at the time of the sale to four tenants ranging in size from 1,720 to 15,930 square feet, including the Social Security Administration, which occupies 73% of the building.

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Kelsi Maree Borland

Kelsi Maree Borland is a freelance journalist and magazine writer based in Los Angeles, California. For more than 5 years, she has extensively reported on the commercial real estate industry, covering major deals across all commercial asset classes, investment strategy and capital markets trends, market commentary, economic trends and new technologies disrupting and revolutionizing the industry. Her work appears daily on GlobeSt.com and regularly in Real Estate Forum Magazine. As a magazine writer, she covers lifestyle and travel trends. Her work has appeared in Angeleno, Los Angeles Magazine, Travel and Leisure and more.

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