Staff Report | Monday, September 22nd, 2014
Real Estate,
South Coast,
Top Stories,
Tri-County Economy South Coast real estate investor Victor Schaff has purchased a 120,000-square-foot-property in Goleta for $26.4 million. The property, which includes two 60,000-square-foot office buildings on a 10-acre parcel at 75 Coromar Drive in the Raytheon Business Park, was sold by Santa Barbara-based Towbes Capital Partners, the private-equity real estate affiliate of The Towbes Group. Read More →
Staff Report | Friday, September 19th, 2014
South Coast,
Technology,
Tri-County Economy Longtime South Coast technology executive Dave Adornetto has been picked to lead UC Santa Barbara’s successful startup contest. The entrepreneurship program is the largest collegiate business-pitch contest in the region and is part of UCSB’s Technology Management Program. The flagship event of the entrepreneurship program, the annual New Venture Competition, is a major on-campus happening. Read More →
Staff Report | Friday, September 19th, 2014
East Ventura County,
Nonprofits,
West Ventura County United Way of Ventura County honored area energy executive Scott Corby and the county of Ventura with two of its top awards at its annual Spirit of Community Partnership Awards. Corby received the Milton M. Teague Award and county employees received the Roy Pinkerton award. More than 1,000 county employees contributed more than $100,000 to Read More →
Staff Report | Friday, September 19th, 2014
Technology,
Top Stories,
Tri-County Economy Santa Barbara resident Jeff Henley will become vice chairman of the board of software giant Oracle Corp. as longtime CEO Larry Ellison steps down and become chairman. Oracle announced Thursday that billionaire founder Ellison will be replaced by Mark Hurd and Safra Catz who will both have the CEO title. Ellison will formally be Read More →
Staff Report | Thursday, September 18th, 2014
Agribusiness,
Top Stories,
Tri-County Economy,
Tri-County Public Companies,
West Ventura County Calavo Growers reported record third-quarter earnings, shattering analyst expectations. The Santa Paula-based produce marketer earned $16 million, or $1.02 per share, in the third quarter, up from $6.4 million, or 43 cents per share, a year earlier. it said in Sept. 15 filings. On average, analysts had been expecting earnings of 46 cents per share, Read More →
Staff Report | Tuesday, September 16th, 2014
East Ventura County,
Real Estate,
Top Stories,
Tri-County Economy A nearly 30-year-old property in Simi Valley recently traded hands for more than $3.9 million. The Auto World Center, a fully-leased 18,875-square-foot multi-tenant retail center of automotive services, was bought by the Khajerian Family Trust in all-cash deal, according to a release from the Westlake Village office of real estate firm NAI Capital. The Read More →