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Santa Barbara office building for lease until $2M renovation starts

By   /  Friday, September 4th, 2015  /  Columns, Latest news, Real Estate, South Coast  /  Comments Off on Santa Barbara office building for lease until $2M renovation starts

Radius Commercial Real Estate Group recently listed two industrial/office buildings totaling 27,200 square feet at 749 and 759 Ward Drive in Santa Barbara. One 17,200-square-foot building is available for a 58 cent-per-square-foot lease until October 2016 when the owner will begin a $2 million-plus renovation. Both buildings will be ready in early 2017, according to Read More →

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Amgen shares drop as Novartis launches cheaper drug

By   /  Thursday, September 3rd, 2015  /  East Ventura County, Health Care & Life Science, Latest news, Top Stories, Tri-County Public Companies  /  Comments Off on Amgen shares drop as Novartis launches cheaper drug

Amgen, the giant biotech company based in Thousand Oaks, saw its shares drop 2 percent to $149.23 on Sept. 3 after its rival Novartis launched a drug similar to Amgen’s that costs 15 percent less. Novartis’ Zarxio and Amgen’s Neupogen both help chemotherapy patients battle infections by increasing the production of white blood cells. The Read More →

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Goleta-based Sientra to offer additional $75 million worth of stock

By   /  Thursday, September 3rd, 2015  /  Latest news, South Coast, Technology, Tri-County Public Companies  /  Comments Off on Goleta-based Sientra to offer additional $75 million worth of stock

Sientra, a Goleta-based breast implant manufacturer, submitted documents to the Securities and Exchange Commission to offer an additional $75 million worth of stock on Sept. 3. Sientra raised about $77 million after paying underwriting expenses when it started trading on the Nasdaq on Oct. 29, 2014. At the time, the company said it sold 5.75 Read More →

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Tri-county grocer Haggen suing Albertsons for $1 billion

By   /  Tuesday, September 1st, 2015  /  Latest news, Top Stories  /  Comments Off on Tri-county grocer Haggen suing Albertsons for $1 billion

Regional grocer Haggen filed a lawsuit against Albertsons that seeks $1 billion in damages, the company announced Sept. 1. Haggen, the chain based in Bellingham, Wash., that recently expanded into the Tri-Counties, alleged that Idaho-based Albertsons hamstrung its expansion by using confidential scheduling information to sabotage grand openings through aggressive marketing campaigns, misleading the company Read More →

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40 Under 40: Class of 2015

By   /  Friday, August 28th, 2015  /  Latest news, Top Stories  /  Comments Off on 40 Under 40: Class of 2015

  The Pacific Coast Business Times would like to congratulate the 40 Under 40 Class of 2015. These 40 young men and women, all under the age of 40, are apart of a new generation of dynamic leaders who are reshaping the leadership ranks and the economy of the Tri-Counties.     40 Under 40: Read More →

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Thousand Oaks scores by landing Easton Baseball/Softball

By   /  Friday, August 28th, 2015  /  East Ventura County, Latest news, Top Stories  /  Comments Off on Thousand Oaks scores by landing Easton Baseball/Softball

Thousand Oaks has hit a home run. Easton Baseball/Softball, a Van Nuys-based sporting goods company, announced Aug. 19 that it will move its global headquarters to Thousand Oaks when the lease on its current building expires in 2016. Easton will move into a new 90,000-square-foot headquarters at 3500 Willow Lane. It will also have a Read More →

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Rush’s vision for CSUCI can be realized

By   /  Friday, August 28th, 2015  /  Latest news, Top Stories, West Ventura County  /  Comments Off on Rush’s vision for CSUCI can be realized

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