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Ergomotion pens year’s largest lease in Santa Barbara

By   /  Monday, May 14th, 2012  /  Latest news, Real Estate  /  1 Comment

Ergomotion, a company that makes adjustable bed bases, has signed the largest commercial lease in Santa Barbara so far this year. Year-to-date, the 9,656-square-foot lease at 203 Chapala St. is the largest in Santa Barbara in terms of square footage, according to Hayes Commercial Group. The commercial real estate firm brokered both sides of the Read More →

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Henley pledges $50M to UC Santa Barbara

By   /  Saturday, May 12th, 2012  /  Latest news  /  Comments Off on Henley pledges $50M to UC Santa Barbara

It was a historic evening at UC Santa Barbara as Oracle Chairman Jeff Henley donated $50 million, the largest gift the school has ever received, to the Institute for Energy Efficiency and the College of Engineering. The donation, one of the largest recorded in the region, was announced at the Campaign for UC Santa Barbara’s Read More →

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Nominations sought for Latino Business Awards

By   /  Friday, May 11th, 2012  /  Latest news  /  2 Comments

I’m proud to announce that the Pacific Coast Business Times is launching its first-ever Latino Business Awards. This special section, publishing June 22, recognizes the outstanding Latino business leaders and professionals who have helped to shape the Tri-Counties. We’re currently seeking nominations to get the inaugural issue of this exciting special section off the blocks. Read More →

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NiMin reports $1.5M loss

By   /  Friday, May 11th, 2012  /  Banking & Finance, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on NiMin reports $1.5M loss

NiMin Energy Corp., the Carpinteria-based oil and gas producer that is disbanding, said it narrowed its first-quarter loss to $1.5 million, compared to a loss of $8.5 million a year ago. The company said in late April that poor stock-price performance prompted it to start dismantling the business and selling its assets. The move came Read More →

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Deckers’ $686M win sets standard for fighting counterfeiters

By   /  Friday, May 11th, 2012  /  Columns, Law & Goverment  /  Comments Off on Deckers’ $686M win sets standard for fighting counterfeiters

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Spurned bid for First California sets off battle of the banks

By   /  Friday, May 11th, 2012  /  Banking & Finance, Banking Industry  /  Comments Off on Spurned bid for First California sets off battle of the banks

Westlake Village-based First California Bank has rejected an unsolicited all-stock takeover offer from Los Angeles-based PacWest Bancorp at $7.25 a share, 32 percent higher than First California’s recent trading price. For its part, PacWest has signaled publicly that it now wants to enlist the energy of disgruntled First California shareholders to help push through a Read More →

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$152M courthouse could be scrapped for renovation option

By   /  Friday, May 11th, 2012  /  Columns, Real Estate  /  Comments Off on $152M courthouse could be scrapped for renovation option

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