Staff Report | Pacific Coast Business Times

The Harbor Heights Manor at 801 Cliff Drive in Santa Barbara has been sold for $33 million, a record price for the city. (photo courtesy of Radius Commercial Real Estate & Investments)

Staff Report | Monday, March 10th, 2014

Santa Barbara apartments break record with $33M sale

The Harbor Heights Manor apartment complex at 801 Cliff Drive in Santa Barbara has been sold to an undisclosed investor for $33 million, setting a new price record for the city, according to commercial real estate experts.

Staff Report | Thursday, March 6th, 2014

Amgen to cut 252 jobs

Thousand Oaks-based Amgen plans to lay off 252 employees in Thousand Oaks by the end of April, bringing the total jobs cut since 2007 from Ventura County’s largest private-sector employer to about 1,150.

Staff Report | Thursday, March 6th, 2014

Hotel Oceana sells to Philadelphia firm for $41.7M

Real Estate, Top Stories, Tourism

Hersha Hospitality Trust said it purchased the 122-room Santa Barbara hotel as part of a strategy to get into one of the “highest-demand gateway markets in the United States.”

Staff Report | Wednesday, March 5th, 2014

Widow wins $4M verdict against Sierra Vista

Central Coast, Health Care & Life Science, Top Stories

A San Luis Obispo jury has awarded $4 million to a woman who alleged that Sierra Vista Regional Medical Center and an affiliated surgeon conspired to conceal the cause of a her husband’s death.

Staff Report | Tuesday, March 4th, 2014

Ventura Harbor to get $10.5M for dredging project

East Ventura County, Latest news, Tri-County Economy, West Ventura County

The Ventura Harbor will receive $10.5 million in federal funding for a massive dredging project that it says is vital to its operations.

Staff Report | Tuesday, March 4th, 2014

UCSB to build $74.3M bioengineering center

Restaurants, South Coast, Technology, Top Stories, Tri-County Economy

With the state’s fiscal picture improving, UC Santa Barbara is set to break ground on a $74.3 million bioengineering center this summer.

Staff Report | Monday, March 3rd, 2014

Sonos headquarters sold after listing for $21.5M

Real Estate, South Coast, Top Stories, Tri-County Economy

The 47,000-square-foot building at 25 E. Mason St. in Santa Barbara’s Funk Zone has been sold to an unnamed investor for an undisclosed amount. The property was listed for $21.5 million.