Latest
By Stephen Nellis / Tuesday, September 30th, 2014 / Real Estate, Technology, Top Stories / Comments Off on News Corp. to buy Move for $950M
News Corp., the global media conglomerate controlled by Rupert Murdoch, plans to buy Move Inc. for $950 million in an all-cash deal. Move is based in Silicon Valley, but its largest facilities and most of its operations are in Westlake Village.
Read More →
Latest
By Elijah Brumback / Monday, September 29th, 2014 / Agribusiness, Central Coast, Real Estate, Tri-County Economy / Comments Off on Lineage Logistics unveils new cold-storage facility in Santa Maria
Lineage Logistics, owned and managed by Bay Grove Capital, has officially opened the doors of its new 216,000-square-foot cold storage and food-processing facility in Santa Maria. The company declined to share a dollar figure for the project, which is Leadership in Energy and Environmental Design-certified. The company has not provided a dollar figure associated with Read More →
Read More →
Latest
By Elijah Brumback / Monday, September 29th, 2014 / Real Estate, South Coast, Tri-County Economy / Comments Off on Upper State Street retail center sells for $3.1M
Ontare Plaza, a small retail center at 3601-3607 State St. in Santa Barbara, has been sold for $3.1 million. Leisure & Carpenter Properties purchased the 4,855-square-foot property in a 1031 exchange, a Lee & Associates spokesperson told the Business Times. Clarice Clark and Stephen Leider of Lee & Associates negotiated the deal for the seller, Read More →
Read More →
Latest
By Elijah Brumback / Friday, September 26th, 2014 / East Ventura County, Real Estate, Tri-County Economy / Comments Off on T.O. Boulevard revamp hinges on key project
Champions of the Thousand Oaks Boulevard Specific Plan are feverishly optimistic in their expectations for the future of the three-mile-long, mostly commercial corridor. But some remaining constraints are putting all eyes on the fate of one particular project — developer Rick Principe’s 53-unit mixed-use concept at 1850 Thousand Oaks Blvd.
Read More →
Latest
By Staff Report / Monday, September 22nd, 2014 / Real Estate, South Coast, Top Stories, Tri-County Economy / Comments Off on Schaff buys Goleta offices from Towbes for $26.4M
South Coast real estate investor Victor Schaff has purchased a 120,000-square-foot-property in Goleta for $26.4 million. The property, which includes two 60,000-square-foot office buildings on a 10-acre parcel at 75 Coromar Drive in the Raytheon Business Park, was sold by Santa Barbara-based Towbes Capital Partners, the private-equity real estate affiliate of The Towbes Group. Read More →
Read More →