The Oaks is a 1.1 million square foot super-regional mall in Thousand Oaks, the largest city in the Conejo Valley corridor of eastern Ventura County. Nordstrom, Macy’s, and JCPenney anchor the department store tier, a three-anchor structure that provides full comparison-shopping depth at premium, mid-market, and value price points within a single property. Best Buy provides the large-format electronics position. The Conejo Valley’s household income demographics support a premium positioning: the trade area draws from Thousand Oaks, Westlake Village, Agoura Hills, and Newbury Park, a corridor with median household incomes substantially above both the Ventura County and Los Angeles County averages.
The fashion register reflects the upscale suburban demographic that the Nordstrom anchor establishes within the department store mix. Anthropologie, Banana Republic, Ann Taylor, J. Jill, White House Black Market, and Soma serve the women’s premium contemporary and accessible luxury apparel categories. Gap, American Eagle, Hollister, Express, and Hot Topic provide the volume and youth fashion layer. Sephora, Lush, Art of Shaving, and Aveda anchor a beauty cluster that is unusually deep for the format, consistent with the trade area’s spending profile in prestige beauty. Coach and Michael Kors occupy the accessible luxury accessories position.
The entertainment and specialty categories round out a property that functions as the primary retail destination for the entire Conejo Valley. Build-A-Bear Workshop serves the family entertainment occasion. Foot Locker, Champs Sports, and Zumiez cover the youth athletic and streetwear categories. LoveSac and Sleep Number anchor the home furnishings segment. Pandora occupies the jewelry position at the accessible premium tier. No comparable enclosed retail destination exists within the Conejo Valley itself, and the nearest alternatives in Woodland Hills and Camarillo require a commute through the 101 corridor.
For expansion teams evaluating the Ventura County and Conejo Valley market, The Oaks provides the only three-anchor enclosed format in the corridor and the primary comparison-shopping destination for the affluent residential population between the 101 and the Santa Monica Mountains. Brands that benchmark their suburban performance alongside Nordstrom, Anthropologie, and Sephora in comparable upscale super-regionals will find the Conejo Valley catchment and The Oaks’ co-tenancy profile consistent with those operating environments.
