Oak Park Shopping Center in Thousand Oaks sells for $28.3 million
The Oak Park Shopping Center in Thousand Oaks was sold for $28.3 million, CBRE Group announced on Jan. 5. New Oak Park LLC, represented by CBRE’s Alex Kozakov, Patrick Wade, Larry Tanji and Scott Siegel, sold the 74,300-square-foot center to a private investor, who was represented by Paley Commercial Real Estate. The center on Lindero Read More →
Macy’s closing stores in Simi Valley, Santa Barbara
Macy’s will close its Paseo Nuevo store in downtown Santa Barbara in early spring and a Simi Valley Town Center location mid-year, Macy’s announced on Jan. 4. The two tri-county locations are among 68 stores that will shutter in 2017 as part of a planned 100-store downsizing. The women’s store, one of two Macy’s Read More →
Avila Ranch housing project moves forward
The 720-home Avila Ranch project cleared a hurdle with the approval of the San Luis Obispo County Airport Land Use Commission on Dec. 22. With a 6-1 vote, the commission agreed with a county staff report that the project would not have a negative impact on the economic vitality or efficient operation of the airport. Read More →
Yardi to get day in court over software piracy
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Tri-Counties trying to boost trade with China
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Interest rate hike could trigger tri-county homebuying spree
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Santa Maria agents arrested for alleged real estate scheme
A Santa Maria real estate sales associate was arrested on five counts of grand theft for allegedly stealing more than $500,000 from Fannie Mae and Freddie Mac. Santa Barbara County District Attorney Joyce Dudley announced on Dec. 15 that Angelo Naemi allegedly conspired with Steven Gonzales to falsify documents regarding a number of short-sale transactions. Gonzales, owner Read More →
