$2.6M deal marks record for Summerland CRE market
Real Estate, Small Business, South Coast, Top Stories, Tourism, Tri-County EconomyThe recent sale of a high-profile mixed-use property on Lillie Avenue in Summerland marks the highest price per square foot for a commercial property larger that 2,000 square feet in the coastal town. The property, located at 2330 Lillie Ave. and home to Summerland Winery’s tasting room and Bonita Boutique, sold for more than Read More →
Tank Farm rolls ahead: EIR approved for 332-acre Chevron project in SLO
Central Coast, Real Estate, Top Stories, Tri-County EconomyChevron and commercial real estate leaders says the project, which includes a business park at full build-out, will act as a catalyst for private-sector development in that portion of San Luis Obispo.
Engineering a deal: Stantec buys Penfield & Smith
Central Coast, East Ventura County, Real Estate, South Coast, West Ventura CountySince coming out of the recession, Penfield & Smith had been growing between 5 percent and 10 percent annually but that the company wasn’t hitting its full potential, CEO Hady Izadpanah told the Business Times.
Chevron gets SLO City Council approval for Tank Farm project
Central Coast, Real Estate, Top Stories, Tri-County EconomyChevron’s massive Tank Farm Road remediation and commercial project in San Luis Obispo took a big step forward on Sept. 2 as the City Council unanimously approved the final environmental impact report for the 332-acre site. The City Council also approved several amendments to the airport area specific plan. The approvals pave the way for Read More →
Cabbies hail help from Sacramento: Bills target Uber, Lyft
Central Coast, Law & Goverment, Small Business, South Coast, Technology, Top Stories, Tri-County Economy, West Ventura CountyTwo pending bills in the state Senate could significantly change the competitive landscape between booming ridesharing startups such as Lyft and Uber and the flagging taxi-cab industry in California.
