Investor snaps up Sonos R&D facility in largest deal in 7 years
A 47,000-square-foot property in Santa Barbara that music equipment maker Sonos leases for its world research and development headquarters has been sold for a reported $17.2 million after being listed for $21.5 million.
South Coast golfers trod parched courses amid drought
Some of the greens on the South Coast are starting to look a little brown as regional golf courses cut back on watering amid California’s worsening three-year drought.
Developers back out of deal to buy Santa Maria parcels from Limoneira
Two housing developments in Santa Maria are back on the market after a potential buyer backed out of an $8.3 million deal with Limoneira Co.
Heritage Oaks to cut 60 jobs as Mission Community deal closes
With its $56 million acquisition of Mission Community Bancorp, Heritage Oaks will shutter branches along the Central Coast in coming months and lay off about 60 employees in several phases.
Ventura Harbor to get $10.5M for dredging project
The Ventura Harbor will receive $10.5 million in federal funding for a massive dredging project that it says is vital to its operations.
