And then there were none. Albertsons plans to purchase 29 of 32 Haggen’s “core stores” in Oregon and Washington for a “base amount” of about $106.2 million, according to a March 11 bankruptcy filing. Haggen plans to sell its three remaining locations over the next 60 days. In less than a year and a half, Read More →
A new online platform is poised to shake up the region’s luxury residential real estate market. New York-based Compass uses in-house software that aims to cut down on brokers’ administrative work and streamline listing updates. The startup recently announced that it is expanding into the Santa Barbara and Montecito markets. The South Coast is the Read More →
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Haggen will be able to sell all of its stores in California, Arizona and Nevada, including 36 to Smart & Final and Gelson’s Markets, a Delaware bankruptcy court ruled. Smart & Final and Gelson’s got the first pick of the 127 shuttering Haggen stores. Commerce-based grocer Smart & Final signed a deal for 28 Read More →
The Obama Administration has achieved an important milestone in getting a general agreement on the Trans-Pacific Partnership. The TPP involves roughly 40 percent of the global economy and includes most of Asia except China. It lowers tariffs, reduces informal barriers that get in the way of U.S. exports of services and adds new protections for Read More →
Haggen is looking to sell some of its soon-to-be vacant stores in the Tri-Counties to Gelson’s Markets and Smart & Final pending bankruptcy court approval, the company announced Oct. 5. Gelson’s and Smart & Final got the first pick of 127 shuttering Haggen stores. The high-end Encino-based grocer Gelson’s signed an asset purchase agreement Read More →
Smart & Final is more than doubling its footprint in Oxnard’s Lemon Grove Plaza shopping center. The Commerce-based company recently signed a lease for 43,200 square feet at the center and is re-opening as a Smart & Final Extra concept. The center is located on North Oxnard Boulevard. The company had been operating in a roughly Read More →