Good Sam Office In California Has $9.7M Price Tag
The building that houses the offices of Good Sam Enterprises LLC, formerly Affinity Group Inc., in Ventura, Calif., is for sale. The listing price is $9.7 million, Ventura’s Pacific Coast Business Times reports.
The 72,649-square-foot corporate headquarters sits on 9.3 acres of land on Vista Del Mar Avenue in Ventura.
The former Affinity building is being marketed by Nick Gregg, a senior vice president with commercial real estate firm CB Richard Ellis in Camarillo. He said the steel-framed building is suitable for another big institution, such as a corporate headquarters or college.
Affinity has been in the building since 1994 after putting a major refurbishment into it. The structure was built in 1983. Affinity has a “slight preference” to sell the building rather than lease it, Gregg said, but would lease to a quality tenant. In that case, they would likely sell it, fully leased, to investors.
Gregg said one large regional firm with about 500 employees has expressed interest in the site, though he could not disclose the company’s name. He is also searching regionally, nationally and abroad for a prospective buyer.
The property has a beautiful ocean view, Gregg said, but it is large and unlike any other in the city. It would take a big firm to fill or buy it, and those firms take their time. “We don’t have a lot of competition for this size building and this quality building,” Gregg said. “Having said that, the economy is slowly improving only now.”
Jeff Lambert, the director of community development for the city of Ventura, said the city is willing to work with prospective tenants or buyers to expedite permits for remodeling or other improvements. The city wants as many well paying jobs as possible at the site. “We would like to see a new corporate headquarters there,” Lambert said.
Good Sam Enterprises LLC is the parent company of Woodall’s Campground Management and www.woodallscm.com.