Harbor Freight battle is a father-son feud for the ages
ColumnsDuring the past 15 years, a tool and hardware distributor in Camarillo called Central Purchasing exploded into one of the largest private companies in the Tri-Counties as it exploited new sales channels online, in broadcast media and at 300 retail stores. But as the company, known today as Harbor Freight Tools, saw its revenue soar Read More →
Sale of State St. building second-largest this year
UncategorizedSanta Barbara’s State Street saw its second largest retail sale this year as the former home of Left at Albuquerque was sold. Although the terms of the sale were not disclosed, the 5,753-square-foot building at 700 State St. was listed for $4.1 million. Broker Michael Chenoweth of Radius Group represented the owner and Mike Heisheima Read More →
Mall on the market: Simi Town Center owner looks to reduce its debt
UncategorizedWith the Simi Valley Town Center on the market, investors have the chance to buy one of the region’s largest and newest shopping malls at a discount from its $166 million construction cost. A real estate marketing firm announced in late June that the center was up for sale, just five years after it was Read More →
Ventura College sues contractor on new science wing for $12M
ColumnsThe Ventura Community College District is suing the architect and contractor for its new Ventura College health and science complex for breach of contract and professional negligence, asking for damages of about $12 million. According to a complaint filed June 25 in Ventura County Superior Court, the college hired Omaha, Neb.-based engineering and design firm Read More →
