Westlake Medical Center 80% pre-leased after $1M renovation
ColumnsThe million-dollar renovation of the Westlake Medical Center has been completed, and 80 percent of the building’s space has been pre-leased. The two-story, 30,000-square-foot Westlake Medical Center is located within an established medical environment on Agoura Road in Westlake Village. Tony Principe, president of Westlake Village-based Westcord Commercial Real Estate Services, marketing agent for owners Read More →
How small cities can avert disaster
OpinionThe budget tsunami that’s hit California in the wake of the May 19 vote will take its heaviest toll on smaller cities. Without big industries such as technology or entertainment to cushion the blow, smaller communities will face increased taxes and a money grab by the state to fill budget coffers. In the Central Valley Read More →
A fix for fairgrounds
OpinionVentura County Fairgrounds folks have pushed back hard against Gov. Arnold Schwarzenegger’s plan to sell off the fairgrounds to the highest bidder. But attention focused on this prized piece of real estate does raise a multi-million dollar question: What is the future of one of the most valuable pieces of oceanfront property in the Pacific Read More →
Power-One to shut facility
UncategorizedCamarillo-based Power-One announced plans May 27 to close its Dominican Republic facility by the end of the first quarter in 2010. The facility in the Dominican Republic employs about 900 people who manufacture the company’s custom and standard AC-DC and DC-DC product lines. Severance and other closure costs are expected to be approximately $13 million Read More →
Amgen pays $50M for drug
Uncategorizedrld’s largest biotechnology company, paid $50 million for rights to Cytokinetics’ experimental heart-failure drug. Cytokinetics, based in San Francisco, saw its shares rise 33 percent in Nasdaq trading May 26 after the deal was announced. Amgen exercised an option that makes it responsible to develop and sell the drug, CK-1827452, the companies said in a Read More →
Deputies honored for arrests
UncategorizedVentura County sheriff’s deputies and a crime analyst from Thousand Oaks were honored for their roles in arrests linked to a regional elder abuse financial fraud ring. Analyst Amanda Carr made an identification of two suspects leading to their arrest after more than $130,000 was stolen over two months. The Thousand Oaks bike patrol also Read More →
Universities could take $320 million hit
UncategorizedThe results of the May 19 special election are in: Tri-county universities — major engines in the region’s economy — could lose more than $320 million in state funding, while some mental health advocates eked out a small victory. Voters statewide and in the Tri-Counties crushed five of the six propositions designed to prevent a Read More →
