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Goleta building changes hands as tech company moves to Thousand Oaks

By   /  Friday, October 9th, 2015  /  Columns, Latest news, Real Estate  /  Comments Off on Goleta building changes hands as tech company moves to Thousand Oaks

  Goleta is losing one of its longtime tech firms to Thousand Oaks but accommodating an expanding homegrown company. Goleta-based BEI Sensors, which creates speed and position sensors for the defense, industrial and aerospace markets, consolidated its workforce to its 1461 Lawrence Drive headquarters in Thousand Oaks. The move made way for Goleta-based Integrated Procurement Read More →

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Equipment company leasing printer’s former spot in Goleta

By   /  Friday, October 2nd, 2015  /  Columns, Latest news, Real Estate  /  Comments Off on Equipment company leasing printer’s former spot in Goleta

Garden tool seller and repair business A-OK Power Equipment is expanding into Old Town Goleta. The Santa Barbara-based company recently signed a lease at a 5,562-square-foot space at 5777 Hollister Ave. Owner Jim Gally, who also owns Carpinteria Valley Lumber and Cantwell’s Markets, is expanding into his fifth location. A-OK Power Equipment is taking over Read More →

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Goodland Hotel in Goleta sold for $41 million

By   /  Thursday, October 1st, 2015  /  Latest news, Real Estate, Tourism  /  Comments Off on Goodland Hotel in Goleta sold for $41 million

The Goodland Hotel in Goleta was sold to KHP Capital Partners for $40.9 million in September, property records show. The 158-room lodge was developed by Makar Properties, a privately owned real estate development company based in Newport Beach. Makar acquired the former Holiday Inn in June 2013 for $24 million and opened as The Goodland in Read More →

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Experts say Ventura County’s economy lagging behind state

By   /  Friday, September 25th, 2015  /  Columns, Latest news, Real Estate, Tri-County Economy  /  Comments Off on Experts say Ventura County’s economy lagging behind state

Ventura County’s economy is lagging. Its businesses are downsizing or defecting while the state’s economy is growing. A lack of new housing, new companies or existing business growth has translated to fewer jobs, high industrial vacancy, and rising home prices and apartment rental rates. Strict development regulations may continue to stifle the region’s growth. Those Read More →

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Limoneira, Lewis Group partner to build 1,500 homes in Santa Paula

By   /  Friday, September 18th, 2015  /  Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on Limoneira, Lewis Group partner to build 1,500 homes in Santa Paula

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Project to build hotel, housing in Carpinteria up for review

By   /  Friday, September 18th, 2015  /  Columns, Real Estate  /  Comments Off on Project to build hotel, housing in Carpinteria up for review

The Carpinteria City Council and Planning Commission will review a proposal next week for a 154-room hotel, 45 single-family houses and 40 multifamily apartments. The 23.4-acre project is slated for the Bluffs 1 property between the Carpinteria Bluffs Nature Preserve and city hall, which is currently home to a driving range and blueberry crops. Jack Read More →

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Santa Barbara Museum of Art plans $50M renovation project

By   /  Friday, September 11th, 2015  /  Columns, Real Estate  /  Comments Off on Santa Barbara Museum of Art plans $50M renovation project

The proposed overhaul of the Santa Barbara Museum of Art is going through the final stages of approval. The $50 million renovation, which will be privately funded, includes $42 million in construction costs and $8 million in ongoing maintenance, SBMA Director Larry Feinberg said at a planning commission meeting. The remodel will include roofing and Read More →

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