Investor snaps up Sonos R&D facility in largest deal in 7 years
By Marlize van Romburgh / Friday, March 7th, 2014 / Real Estate, South Coast, Top Stories, Tri-County Economy / Comments Off on 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.
Read More →Developers back out of deal to buy Santa Maria parcels from Limoneira
By Marlize van Romburgh / Friday, March 7th, 2014 / Banking & Finance, Central Coast, Real Estate, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on 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.
Read More →Heritage Oaks to cut 60 jobs as Mission Community deal closes
By Marlize van Romburgh / Friday, March 7th, 2014 / Banking & Finance, Banking Industry, Central Coast, Top Stories, Tri-County Economy, Tri-County Public Companies / Comments Off on 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.
Read More →DenMat drills down on growth strategy in Lompoc
By Marlize van Romburgh / Friday, February 28th, 2014 / Central Coast, Technology, Top Stories, Tri-County Economy / Comments Off on DenMat drills down on growth strategy in Lompoc
DenMat has acquired most of the dental assets of Fort Collins, Co.-based Zila and will move those operations to its Lompoc headquarters, adding more warehouse space and ramping up hiring in sales, marketing and manufacturing.
Read More →Crossroads Center developer sues Best Buy over growth plans
By Marlize van Romburgh / Friday, February 28th, 2014 / Central Coast, Law, Real Estate, Tri-County Economy / Comments Off on Crossroads Center developer sues Best Buy over growth plans
In a suit filed last month in Santa Barbara County Superior Court, developer Santa Maria Associates 101 is suing Best Buy Stores and asking a court to affirm its rights to develop new pads in the center, which is located at Highway 101 and East Betteravia Road.
Read More →Stepping up the pace: LeftLane Sports looks to double workforce in 2014
By Marlize van Romburgh / Friday, February 21st, 2014 / Central Coast, Features, Technology, Top Stories, Tri-County Economy / Comments Off on Stepping up the pace: LeftLane Sports looks to double workforce in 2014
LeftLane Sports has hit the ground running. Five years after its inception, the sporting goods retailer has close to 90 people working in San Luis Obispo and plans to have as many as 180 by the end of the year.
Read More →Wells Fargo wealth managers move into new LEED offices
By Marlize van Romburgh / Friday, February 21st, 2014 / Columns, Real Estate / Comments Off on Wells Fargo wealth managers move into new LEED offices
The Private Bank at Wells Fargo has moved into 10,000 square feet of shiny new digs at 118 Carrillo St. in Santa Barbara.
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