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By Elijah Brumback / Friday, May 8th, 2015 / Columns, Real Estate / Comments Off on Global advisory firm invests with SB mixed-use project
SG, a Santa Barbara-based wealth adviser that lays claim to the largest insurance policy ever sold — $201 million to the unnamed CEO of a Silicon Valley public company — is investing its own capital at its current address. The company, working through agent John Donaldson, wants to demolish its current office building at 800 Read More →
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By Staff Report / Thursday, May 7th, 2015 / Banking & Finance, Latest news, Real Estate, South Coast, Top Stories / Comments Off on ERG Resources files bankruptcy, business for sale
ERG Resources, a Houston-based independent oil and gas with major operation in northern Santa Barbara County recently filed for Chapter 11 bankruptcy in Dallas. The company plans to sell the business. A Business Times previous report found that the company owed nearly $400 million on a loan with CLMG Corp., an agent holding lien on Read More →
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By Elijah Brumback / Friday, May 1st, 2015 / Columns, Latest news, Real Estate / Comments Off on The knives come out at the Santa Barbara Public Market
In an update to the Business Times’ April 3 story on the trials and tribulations of the Santa Barbara Public Market, some tenant angst is starting to spill over. While a few tenants, including Rori’s Artisanal Ice Cream and Empty Bowl, are exceeding revenue expectations, at least one merchant feels misled by claims project developer Read More →
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By Elijah Brumback / Friday, May 1st, 2015 / Latest news, Real Estate, Top Stories / Comments Off on Discovery expands north: Twins tap SLO to expand entertainment business
Twin brothers Josh and Jeremy Pemberton are planning to expand their Ventura-based food and entertainment business to San Luis Obispo. The two own and operate Discovery Venues, and in late March, they submitted plans to redevelop the 24,500-square-foot former Sports Authority building at 1144 Chorro St. in San Luis Obispo into a 14-lane Read More →
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By Elijah Brumback / Friday, April 24th, 2015 / Columns, Latest news, Real Estate, Top Stories / Comments Off on Paso Robles urged to reduce housing permitting barriers
The Building, Design and Construction Cluster of the Economic Vitality Corp., a group of building industry professionals in San Luis Obispo County, wants Paso Robles to consider updating its permitting fees to reduce barriers to developing affordable housing. The group, part of the SLO Economic Strategy Project, recently submitted a letter to the city with Read More →
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By Elijah Brumback / Friday, April 24th, 2015 / Latest news, Real Estate / Comments Off on First look at new development
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By Staff Report / Thursday, April 23rd, 2015 / Latest news, Real Estate, South Coast, Top Stories, West Ventura County / Comments Off on Smart & Final bulking up in Oxnard shopping center
Smart & Final is more than doubling its footprint in Oxnard’s Lemon Grove Plaza shopping center. The Commerce-based company recently signed a lease for 43,200 square feet at the center and is re-opening as a Smart & Final Extra concept. The center is located on North Oxnard Boulevard. The company had been operating in a roughly Read More →
