Arizona real estate firm makes one of year
Healthcare Trust of America, an Arizona-based real estate investment firm, purchased a 45,000-square-foot medical office building on the Sierra Vista Regional Medical Center campus for $10.9 million. HTA bought the San Luis Obispo property directly from the developer, Chicago-based Healthcare Development Partners, on Aug. 5, marking one of the largest SLO commercial property sales this Read More →
Bunnin grabs a car deal on South Coast
A diminutive car with just four seats, four cylinders and a price tag under $20,000 is not the sort of vehicle likely to grace one of Leo Bunnin’s Ventura County GMC, Cadillac or Buick showrooms. But it just might be the car that turns Bunnin’s impending purchase of a Santa Barbara County auto store into Read More →
K-Swiss looks to new image to kick losses
With a recent acquisition and a quirky new advertising campaign that features a fictional former sports star, K-Swiss is trying to gain traction in the youth footwear market. The Westlake Village-based shoe manufacturer has been struggling for years to grab market share and to modernize its image beyond its signature white tennis shoe. On Aug. Read More →
Drilling one for the Team: Ventura-based oil firm has big plans in Midwest
Team Resources, a Ventura-based oil and gas company, plans to drill 100 new wells in rural Kansas over the next five years. In recent weeks, the company said it discovered a new oil field — a rarity in a region drilled by major oil companies since the 1950s — that could yield 20 wells and Read More →
She
Donna von Hoesslin opens her car door and pulls out a magenta-colored surfboard with her company’s signature shellflower logo in blue. “I’m pretty stoked about this,” she says, tossing sun-bleached hair back over her tanned shoulders. A passionate surfer, Von Hoesslin is the owner of Ventura-based Betty Belts, a company that makes and sells surf Read More →
Amgen disappointed in latest drug trial
Amgen announced “disappointing” results on Aug. 10 from a Phase 3 trial evaluating its drug Vectibix as a treatment for patients with recurrent and/or metastatic squamous cell head and neck cancer. Thousand Oaks-based Amgen said the data from its study showed that adding Vectibix — the drug’s generic name is panitumumab — to chemotherapy treatment Read More →
