Nonprofit seizes opportunity to turn hassle into new facility
Question: The city wants to extend a road through your property, right through a corner where several key buildings are located. What do you do? (a) Put up a fight. (b) Sell the city the land, and use the proceeds as seed money to build a new facility on your remaining property. Santa Maria-based VTC Read More →
CSU Channel Islands on a $75M campus building spree
CSU Channel Islands near Camarillo is the newest school in the California State University system, and it’s growing by leaps and bounds. To keep up with that growth, the school has construction projects in the pipeline totaling more than $75 million. First up is the $32.5 million North Hall project, which breaks ground Oct. 6. Read More →
Apartments a bright spot in South Coast real estate market
The South Coast apartment market has seen more than $77 million in property sales this year, according to commercial real estate brokers at Radius Group’s Santa Barbara County Real Estate and Economic Outlook on Sept. 16. The largest sale was the $37.4 million purchase of the Fontainebleu apartments in Isla Vista. Chicago-based Blue Vista Capital Read More →
Power-One shows California lacks spark
It’s hard to find a better turnaround story than Power-One. The Camarillo-based company took a secondary product line from an Italian company it had purchased and bet the farm on a new line of business — producing devices called inverters that are crucial to regulating the power output of wind turbines and solar panel arrays. Read More →
Solar firms go panel-to-panel in Oxnard
A school district in West Ventura County is the last place on Earth where you’d expect to find ground zero in the battle for global supremacy in the solar energy business. But that’s precisely the scenario that’s unfolding in the wake of an Oxnard Union School District board vote earlier this month that gave Read More →