Largest industrial building in Thousand Oaks sells for $37 million
The largest industrial building in Thousand Oaks was sold for $37 million, according to CBRE. Van Nuys-based real estate company Majestic Asset Management purchased the fully leased property at 1461-1475 Lawrence Drive from Austin, Texas-based Western National Life Insurance Co., a subsidiary of AIG. Majestic secured a $26.6 million balance sheet loan for the deal, Read More →
Brown signs bill to streamline CEQA process
Gov. Jerry Brown signed a bill that aims to expedite and add more transparency to environmental reviews. Sen. Hannah-Beth Jackson, D-Santa Barbara, authored Senate Bill 122 along with Sen. Jerry Hill, D-San Mateo, which strives to streamline the California Environmental Quality Act process. CEQA requires state and local agencies to identify significant environmental impacts of Read More →
Redeveloped Miramar resort in Montecito to open in summer 2018
The long-awaited redevelopment of the Miramar resort in Montecito will likely come to fruition in summer 2018, Caruso Affiliated announced on Sept. 23. Hong Kong-based luxury resort operator Rosewood Hotels & Resorts will run the Rosewood Miramar Beach Montecito resort at 1555 S. Jameson Lane. The tentative plan is to start site grading in November, Read More →
Iconic Wagon Wheel rolling along as $450M development
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SOAR creates disparity in land values
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Rams spark home price surge in Ventura County
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Radius acquires Hagelis to broaden groups’ commercial real estate reach
Radius Group Commercial Real Estate has acquired the Hagelis Group. Santa Barbara-based Radius recently completed a deal that will expand its footprint and grow its brand. Hagelis specializes in retail properties in Ventura County, which will broaden Radius’ reach and expertise, said Brian Johnson of Radius, which predominantly works in the South County multifamily, office Read More →
