Stockdale Capital Partners Acquires The Oaks Mall in Thousand Oaks, CA

Adjacent to the U.S. 101 Freeway, prominent shopping center features over 650K square feet over 85 acres

LOS ANGELES – December 12, 2024 –Stockdale Capital Partners (“Stockdale”), a Los Angeles-based, vertically-integrated real estate investment firm, announced it acquired The Oaks, a prominent regional shopping center serving as Thousand Oaks’ premier retail center since its opening. Stockdale acquired The Oaks with financing provided by Marathon Asset Management.

“Stockdale is thrilled about the acquisition of this Class-A shopping center, strategically located in the vibrant Thousand Oaks community,” said Dan Michaels, Managing Partner at Stockdale Capital Partners. “The Oaks has long been the economic hub of the City of Thousand Oaks, and Stockdale is excited to invest into this great asset to enhance its strong existing tenant roster with new concepts and experiences for the community to enjoy.”

The Oaks underwent an expansive renovation in 2008, which included the creation of an outdoor shopping node and the addition of large format retailers. Current tenants at the project include Apple, Nordstrom, AMC Theatres, Dick’s Sporting Goods, Zara and H&M, among others.

Jeff Bhathal, a longtime Thousand Oaks resident and Managing Director of Retail Leasing at Stockdale, shared his personal connection to the acquisition: “The Oaks holds a special place in my heart, from celebrating birthdays to frequent shopping trips with my family. I’m grateful for the opportunity to introduce new concepts and enhance this cherished destination for all Thousand Oaks residents.”

Stockdale plans to elevate The Oaks’ shopping experience by modernizing common areas, introducing new event programming, expanding dining and entertainment options, and diversifying the retail offerings to better serve the community.