Corporate Pointe West Hills at 8521 Fallbrook Ave.

Corporate Pointe West Hills at 8521 Fallbrook Ave.

In one of the San Fernando Valley’s largest commercial real estate deals in recent memory, Kennedy Wilson has purchased an 80-acre West Hills office campus for $160 million, according to the Real Deal.

Corporate Pointe at West Hills, a 987,420-square-foot campus at 8521 Fallbrook Ave. includes 10 multi-story buildings with a 144-seat amphitheater, café and outdoor patios. The venue, which was built in 1959 and renovated in 1998, can accommodate parking for 969 cars.

The sale did not include the 106,900-square-foot ThermoFisher Scientific building at 22801 Roscoe Blvd. in Canoga Park, which the tenant purchased more than a year ago.

This represents the first sale of the complex — which is currently 78 percent leased — in six years when Brookfield paid Bentall Kennedy $92 million in January 2013. At the time, Corporate Pointe was nearly half-leased to tenants working in the technology, biotechnology and financial sectors.

Kevin Shannon and his team at Newmark Knight Frank served as listing agents.