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By Elijah Brumback / Friday, October 3rd, 2014 / East Ventura County, Real Estate, Top Stories, Tri-County Economy / Comments Off on J.D. Power explores Westlake lease alternatives
The future of the J.D. Power and Associates headquarters in Westlake Village is up in the air and a move to consolidate two Southern California offices could be on the horizon. The big question is where the global marketing services firm and its approximately 250 Ventura County employees will land. The company’s lease at its Read More →
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By Elijah Brumback / Friday, October 3rd, 2014 / Real Estate, South Coast, Subscriber content, Top Stories, Tourism / Comments Off on Chumash speed ahead with $112M hotel and casino
The Santa Ynez Band of Chumash Indians intends to break ground on its proposed $112 million hotel and casino expansion in October, just six months after the massive project was first announced.
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By Elijah Brumback / Wednesday, October 1st, 2014 / Latest news, Real Estate, West Ventura County / Comments Off on Industrial portfolio in Camarillo sells for $23.4M
A large industrial portfolio in Camarillo recently changed hands to the tune of $23.4 million. Marcus Adams Properties recently acquired six multi-tenant and two single-tenant industrial buildings totaling 205,669 square feet, all located in the Flynn Road Industrial Park of Camarillo. At the time of sale, the properties were 96 percent leased with 28 different Read More →
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By Stephen Nellis / Tuesday, September 30th, 2014 / Real Estate, Technology, Top Stories / Comments Off on News Corp. to buy Move for $950M
News Corp., the global media conglomerate controlled by Rupert Murdoch, plans to buy Move Inc. for $950 million in an all-cash deal. Move is based in Silicon Valley, but its largest facilities and most of its operations are in Westlake Village.
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By Elijah Brumback / Monday, September 29th, 2014 / Agribusiness, Central Coast, Real Estate, Tri-County Economy / Comments Off on Lineage Logistics unveils new cold-storage facility in Santa Maria
Lineage Logistics, owned and managed by Bay Grove Capital, has officially opened the doors of its new 216,000-square-foot cold storage and food-processing facility in Santa Maria. The company declined to share a dollar figure for the project, which is Leadership in Energy and Environmental Design-certified. The company has not provided a dollar figure associated with Read More →
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By Elijah Brumback / Monday, September 29th, 2014 / Real Estate, South Coast, Tri-County Economy / Comments Off on Upper State Street retail center sells for $3.1M
Ontare Plaza, a small retail center at 3601-3607 State St. in Santa Barbara, has been sold for $3.1 million. Leisure & Carpenter Properties purchased the 4,855-square-foot property in a 1031 exchange, a Lee & Associates spokesperson told the Business Times. Clarice Clark and Stephen Leider of Lee & Associates negotiated the deal for the seller, Read More →
