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By Elijah Brumback / Monday, September 29th, 2014 / Real Estate, South Coast, Tri-County Economy / Comments Off on Upper State Street retail center sells for $3.1M
Ontare Plaza, a small retail center at 3601-3607 State St. in Santa Barbara, has been sold for $3.1 million. Leisure & Carpenter Properties purchased the 4,855-square-foot property in a 1031 exchange, a Lee & Associates spokesperson told the Business Times. Clarice Clark and Stephen Leider of Lee & Associates negotiated the deal for the seller, Read More →
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By Staff Report / Monday, September 29th, 2014 / Agribusiness, Tri-County Economy, West Ventura County / Comments Off on Auto exports drive record year at Port of Hueneme
The Port of Hueneme in Ventura County posted its best-ever year for international trade and its second-highest year on record for domestic and global trade combined, it said Sept. 22. Auto exports, up 30 percent year-over-year, led the surge during the port’s 2013-14 fiscal year. Total tonnage moving through the port during the year was Read More →
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By Staff Report / Friday, September 26th, 2014 / Central Coast, East Ventura County, South Coast, Tri-County Economy, West Ventura County / 1 Comment
The Golden State has been outpacing the U.S. in job creation over the last three years, but all is not well. Skyrocketing housing costs mean that with a few exceptions clustered around the tech boom, California’s coastal counties are retirement havens, not entrepreneurship hubs. That’s the view from Bill Watkins, director of the California Economic Read More →
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By Stephen Nellis / Friday, September 26th, 2014 / South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on $86.2M Sientra IPO plumps up public-company ranks
With Santa Barbara-based breast implant maker Sientra’s Sept. 19 announcement that it plans to raise up to $86.2 million, the IPO has returned to the Tri-Counties in a big way. Sientra’s filing is the fourth initial public offering announced in the region this year, joining completed deals at Goleta-based Inogen and Santa Barbara-based Resonant for Read More →
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By Elijah Brumback / Friday, September 26th, 2014 / East Ventura County, Real Estate, Tri-County Economy / Comments Off on T.O. Boulevard revamp hinges on key project
Champions of the Thousand Oaks Boulevard Specific Plan are feverishly optimistic in their expectations for the future of the three-mile-long, mostly commercial corridor. But some remaining constraints are putting all eyes on the fate of one particular project — developer Rick Principe’s 53-unit mixed-use concept at 1850 Thousand Oaks Blvd.
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By Henry Dubroff / Friday, September 26th, 2014 / Columns, Opinion / 1 Comment
When the A-319 Airbus jets with animals painted on their tails first landed at Santa Barbara Airport in June 2010, business travelers on the Central Coast breathed a big sigh of relief. Denver-based Frontier Airlines promised a full-sized airplane, plenty of perks for business flyers, DirecTV and dozens of inexpensive daily connections to the East Read More →