Granada Tower fully leased after Peritus deal
Latest news, Real Estate, South CoastSanta Barbara-based Peritus Asset Management recently signed a long-term lease for the entire fourth floor of the Granada Tower, making the building fully leased.
Clean Diesel names new CEO
Technology, Tri-County Economy, Tri-County Public Companies, West Ventura CountyVentura-based Clean Diesel Technologies has promoted Christopher Harris to president and CEO, filling a vacancy created by former chief executive Craig Breese’s sudden departure in late 2013. Harris joined Clean Diesel as chief operations officer in late 2010, with the merger of Clean Diesel and Catalytic Solutions. He has served as the company’s chief operating Read More →
$8M Carpinteria office building changes hands
Real Estate, South Coast, Top StoriesOne of Carpinteria’s more notable office buildings is back in the hands of its previous owner. The 52,000-square-foot Class A property at 5464 Carpinteria Ave. was recently bought back from the entity that the previous investor sold it to. Transaction terms weren’t disclosed, but the brokerage firm behind the deal said the property was Read More →
Business Times wins reporting award for public pension story
East Ventura County, Tri-County Economy, West Ventura CountyThe Pacific Coast Business Times has won a first-place news reporting award in the Southern California Journalism Awards contest for a story about retired Ventura County Sheriff Bob Brooks suing the county for a supplemental pension benefit. The contest is hosted by the Los Angeles Press Club and includes publications of all sizes throughout Southern Read More →
Santa Barbara city manager to step down after 13 years
South Coast, Top Stories, Tri-County EconomySanta Barbara City Administrator Jim Armstrong will step down at the end of September after 13 years in the position, the city said on Friday. Armstrong was appointed as Santa Barbara’s chief executive in September 2001, a role in which he and oversaw 10 departments and managed the city’s $275 million operating budget. The city Read More →
Ventura County to get $1.5M through federal program
Agribusiness, East Ventura County, Tri-County EconomyVentura County will receive $1.47 million from the U.S. Department of Interior’s Payments in Lieu of Taxes. The PILT program gives funds to local governments to offset losses in property taxes due to non-taxable federal lands within their boundaries. Last year, Ventura County received $1.3 million in PILT funds, according to Congresswoman Julia Brownley, D-Westlake Read More →
