$49.75M financing arranged for Lakeview Innovation Center in Thousand Oaks

• JLL Capital Markets arranged $49.75 million in bridge financing for Lakeview Innovation Center in Thousand Oaks, California

• The property is a 275,000-square-foot, 100% leased, Class A R&D and office campus

• Forbright Bank provided the floating-rate loan for Alta West Partners

LOS ANGELES, Oct. 20, 2026 – JLL’s Capital Markets group announced today that it has arranged $49.75 million in bridge financing for Lakeview Innovation Center, an approximately 275,000-square-foot, 100% leased, R&D and office campus in Thousand Oaks, California.

JLL worked exclusively on behalf of the sponsor, Alta West, to secure the three-year, floating-rate financing with Forbright Bank.

Alta West Partners acquired Lakeview Innovation Center as a value-add investment opportunity at 50% leased in September 2024. Over the past 24 months, Alta West executed a highly successful business plan, transforming the campus through targeted leasing and strategic capital improvements that have delivered a 100% leased property that boasts more than 170% NOI growth since acquisition.

Lakeview Innovation Center offers a unique combination of office, lab and R&D space serviced by dock-high loading capabilities and 20,000 amps of power all while being situated in a 22.1-acre park-like setting. On-site amenities include an Equinox Fitness center, full-service café, two-story central atrium with media wall and dining areas, pickleball court, 24-hour on-site security personnel and walking trails.

The property features a diversified roster of high-quality and investment-grade credit tenants, including Marvell Semiconductor, Laboratory Corporation of America, Equinox Fitness, Rawlings Sporting Goods and Anchor Loans.

JLL's Capital Markets Debt Advisory team representing the borrower was led by Senior Managing Director Jeff Sause, Director Josh Blank, Senior Managing Director Marc Schillinger, Director Alex Olson, Associate Jalynn Borders and Analyst Danny Ryan.

“This execution is the result of the amazing transformation Alta West has achieved at this asset,” said Blank. “They recognized the potential and have delivered significant value creation by securing long-term deals with high-caliber tenants that raise the profile of the asset.”

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The group’s in-depth local market and global investor knowledge delivers the best-in-class solutions for clients, including investment sales and advisory, debt advisory, M&A and corporate finance, loan sales, equity & fund placement, net lease, derivative advisory and energy & infrastructure advisory. JLL Capital Markets has more than 3,000 specialists worldwide with offices in nearly 50 countries.

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JLL (NYSE:JLL) is a leading global commercial real estate services and investment management company with annual revenue of $26.1 billion, operations in over 80 countries and a global workforce of more than 112,000 as of June 30, 2026. For over 200 years, clients have trusted JLL, a Fortune 500^® company, to help them confidently buy, build, occupy, manage and invest across a variety of industries and property types, including office, industrial, hotel, multi-family, retail and data center properties. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAY. Powered by rich global datasets and leading technology capabilities, we provide coordinated, end-to-end delivery of real estate services for a broad range of global clients who represent a wide variety of industries. Through LaSalle Investment Management, we invest for clients on a global basis in both private assets and publicly traded real estate securities. For further information, visit jll.com.

Jones Lang LaSalle Americas, Inc. ("JLL") is a real estate broker licensed with the California Department of Real Estate, license #01223413.   

Alta West Partners, LLC (“Alta West”) is a Los Angeles-based commercial real estate investment and operating platform focused on acquiring, repositioning, and managing quality assets in supply-constrained, well-amenitized, and high-barrier-to-entry submarkets. The firm specializes in office, R&D, flex, and advanced manufacturing properties, leveraging its deep market relationships and hands-on operating approach to create long-term value for its investors and tenants. For more information, please visit www.altawestpartners.com.

Forbright Bank is a modern financial services platform spanning nationwide middle-market lending, digital consumer banking, strategic advisory, and asset management services. Headquartered in Chevy Chase, Maryland, Forbright operates at the intersection of two powerful, structural forces reshaping the U.S. banking sector: the rapidly evolving needs of the $10 trillion national middle market and the broadly accelerating shift toward digital‑first banking. For more information, please visit forbrightbank.com.