SLO land-use battle continues over update to general plan
Resident Kevin Rice announced recently that he is organizing a committee and seeking contributions to support a referendum election to overturn any future city council vote overruling the Airport Land Use Commission’s charge that the General Plan’s Land Use and Circulation Element doesn’t fit the Airport Land Use Plan.
Monterey Court approves sale of area Marriott hotel group
According to Trigild CEO Bill Hoffman, the properties were held in a family trust and sold for an undisclosed price after Monterey California Superior Court Judge, the Honorable Susan J. Matcham, ruled in favor of the sale, overruling the objections of some of the trust beneficiaries.
SLO developers expand regional impact
San Luis Obispo-based real estate and development firm PB Cos., started in 2011 by partners Ryan Petetit and John Belsher, has gone from a single deal to build a few homes to a collection of projects valued at more than $300 million.
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 →
Orcutt Marketplace moves ahead with PB at the helm
A 24.5-acre site in Orcutt near the Clark Street Exit off Highway 101 that’s been stuck in the development starting blocks since 2007 could soon find its legs.
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 →
Property owner looks to shed luxury condominium project
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