The Woodlands Plaza in Simi Valley was sold for nearly $16 million, continuing a string of recent shopping center transactions and renovations in the Tri-Counties. Local private real estate investors DP Grand Simi purchased the 61,373-square foot shopping center at 530 E. Los Angeles Ave. from another private investment group, B/C Sinaloa Plaza. The $15.9-million Read More →
Community West Bancshares, parent company of Community West Bank headquartered in Goleta, reported on Oct. 22 net income of $1.6 million in the third quarter of 2015 compared to net income of $1.7 million in the third quarter a year ago. Community West reported net income of $1.0 million in the first nine months of Read More →
Higea Technologies took the top prize at the fifth annual Tech Pitch competition in San Luis Obispo on Oct. 21. The San Luis Obispo startup is currently working out of the SLO Hothouse and was started by recent Cal Poly San Luis Obispo graduates. Higea co-founder Tanner Cook told the crowd that the company is Read More →
By Staff Report / Thursday, October 22nd, 2015 / Latest news, Top Stories / Comments Off on 2016 Tour of California to include Thousand Oaks, Santa Barbara, Morro Bay
Thousand Oaks, Santa Barbara and Morro Bay will be part of the 2016 Tour of California professional bicycle race. Organizers announced the route at a news conference Oct. 22 in San Diego. The 2016 race will run 800 miles from San Diego to Sacramento from May 15 to May 22. This year will also be Read More →
The El Segundo-based grocer Fresh & Easy will close all of its stores throughout California, Arizona and Nevada, including seven tri-county locations, the company announced Oct. 21. Tesco, the third largest global retailer based in the United Kingdom, opened the small format grocery chain in 2007. It filed for bankruptcy protection in 2013 after the concept Read More →
By Staff Report / Tuesday, October 20th, 2015 / Latest news, Top Stories / Comments Off on Bankruptcy court OKs sale of Haggen stores in Tri-Counties
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 →
By Staff Report / Monday, October 19th, 2015 / Latest news / Comments Off on San Luis Obispo’s Tom Adamski dies of cancer
Tom Adamski of San Luis Obispo, who was chief executive officer of Publicis Groupe’s Razorfish Global network, died after a battle with cancer. He was 43 years old. Adamski was an advertising account executive at Web Associates in Santa Barbara, which later became Level Studios and relocated to San Luis Obispo. He served as CEO Read More →
