Camarillo center sells for $59M
Latest news, Real EstateThe ninth-largest office park in the Tri-Counties has been sold for $59.1 million. The 1.2 million-square-foot Mission Oaks Corporate Center in Camarillo was purchased by Rexford Industrial, a Los Angeles-based real estate investment firm that lists several smaller industrial properties in Oxnard, Simi Valley and Camarillo in its Southern California portfolio. CBRE Group announced the Read More →
Onion, celery growers tout energy projects
Agribusiness, Green Coast, Latest newsVentura County took a another step toward becoming a global hub for sustainable agriculture on July 11 when two big Oxnard food processors unveiled major energy efficiency projects. With a number of state and local officials in attendance, Gills Onions launched a major energy storage facility that will allow it to capture electricity generated at Read More →
Xirrus funding nears $80M mark
Banking & Finance, Latest news, TechnologyThousand Oaks-based Xirrus has raised $18.4 million in venture capital, bringing its total funding to date to nearly $80 million. Founded in 2004, Xirrus makes high-powered wi-fi equipment designed to be robust enough to replace wired networks in places like colleges and corporate office buildings. The most recent $18.4 million was part of a $25.3 Read More →
Ventura biodiesel firm gets $1.8M state grant
Green Coast, Latest news, Small BusinessA Ventura-based biodiesel company received a $1.8 million grant from the state government on July 2. The California Energy Commission awarded the funds to Biodiesel Industries of Ventura, Assemblyman Das Williams, D-Santa Barbara, said in a press release. The project will tap solar power and the byproducts of biodiesel production to provide power for a Read More →