Nordstrom building in downtown Santa Barbara nearing sale; buyer plans offices on upper floors
The Nordstrom building in downtown Santa Barbara is nearing a sale, and the new owner is looking to turn the upper floors into office space, according to a report released by Hayes Commercial Group on July 30. The building is at the northern end of Paseo Nuevo. Most of the outdoor mall is owned by Read More →
Community West Bank reports increase in quarterly earnings
In another sign of strength for the regional banking industry, Goleta-based Community West Bancshares reported a 17.5% increase in net income for the second quarter, to 41 cents per share. The parent of Community West Bank said on Aug. 2 that earnings for the most recent quarter were $3.6 million, versus $3 million for the Read More →
With merger, ImmPact Bio plans growth and a move to LA
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UCSB moves ahead with Munger Hall mega-dorm
UC Santa Barbara has released a notice of preparation for a new student housing development, Munger Hall, which was previously approved as part of the university’s Long Range Development Plan. Munger Hall, when built, would increase the university’s on-campus housing by 50%, with single-occupancy rooms, and will allow the university to eliminate triple housing in Read More →
Waste Management hauls rival into court over loss of Thousand Oaks contract
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Sun & Swell foods opens Ventura storefront as online sales boom
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Dole down 9.4% in first day on NYSE
Westlake Village-based Dole is publicly traded once again, after raising $400 million in a July 30 initial public offering. The IPO was a bit of a letdown for Dole. The company priced its shares at $16 only to see them open at $15 and then drop to $14.50 by the end of the trading day, Read More →
