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CLU rolls out Huddle to incubate startups in Westlake Village

By   /  Friday, September 19th, 2014  /  East Ventura County, Real Estate, Technology, Top Stories, Tri-County Economy  /  Comments Off on CLU rolls out Huddle to incubate startups in Westlake Village

California Lutheran University’s new Westlake Village co-working and teaching space, Huddle, is up and running with a slate of fall events that organizers hope will make it a hub for entrepreneurship in East Ventura County

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Auto World Center in Simi Valley sells for $3.9M

By   /  Tuesday, September 16th, 2014  /  East Ventura County, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Auto World Center in Simi Valley sells for $3.9M

  A nearly 30-year-old property in Simi Valley recently traded hands for more than $3.9 million. The Auto World Center, a fully-leased 18,875-square-foot multi-tenant retail center of automotive services, was bought by the Khajerian Family Trust in all-cash deal, according to a release from the Westlake Village office of real estate firm NAI Capital. The Read More →

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The Mill hopes to bring Funk Zone style to Santa Barbara’s Haley Street corridor

By   /  Friday, September 12th, 2014  /  Real Estate, Small Business, South Coast, Top Stories, Tourism  /  Comments Off on The Mill hopes to bring Funk Zone style to Santa Barbara’s Haley Street corridor

A much-wondered-about project at the corner of Laguna and Haley streets in Santa Barbara is poised to become the next big attraction to a corridor that area real estate insiders say is shaping up as the latest extension of the city’s Funk Zone.

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Sequoia Brewing may be on tap for new Santa Barbara location

By   /  Friday, September 12th, 2014  /  Columns, Real Estate, Tourism  /  Comments Off on Sequoia Brewing may be on tap for new Santa Barbara location

Word on the street is that Sequoia Brewing Co., not to be confused with its business partner and fellow brewer Tioga-Sequoia Brewing Co., is hunting for a new taproom space in and around the Santa Barbara Funk Zone.

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Camarillo industrial buildings sell for $23.4M

By   /  Thursday, September 11th, 2014  /  Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Camarillo industrial buildings sell for $23.4M

Marcus Adams Properties has purchased 205,669 square feet of space in the Flynn Road Industrial Park in Camarillo for $23.4 million. The Ventura-based firm said it bought six multi-tenant and two single-tenant industrial buildings in the business park. The properties were 96 percent leased with a total of 28 tenants at the time of the Read More →

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$2.6M deal marks record for Summerland CRE market

By   /  Monday, September 8th, 2014  /  Real Estate, Small Business, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on $2.6M deal marks record for Summerland CRE market

  The recent sale of a high-profile mixed-use property on Lillie Avenue in Summerland marks the highest price per square foot for a commercial property larger that 2,000 square feet in the coastal town. The property, located at 2330 Lillie Ave. and home to Summerland Winery’s tasting room and Bonita Boutique, sold for more than Read More →

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Tank Farm rolls ahead: EIR approved for 332-acre Chevron project in SLO

By   /  Friday, September 5th, 2014  /  Central Coast, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Tank Farm rolls ahead: EIR approved for 332-acre Chevron project in SLO

Chevron and commercial real estate leaders says the project, which includes a business park at full build-out, will act as a catalyst for private-sector development in that portion of San Luis Obispo.