City planners approve new Sansum medical center
Sansum Clinic and The Towbes Group are forging ahead with plans to build a medical center at the corner of Foothill Road and Cieneguitas Road after city planners approved the project. At its June 21 meeting, the planning commission for the city of Santa Barbara agreed to recommend to the City Council approval of the Read More →
Sonos raises $135M
Santa Barbara-based wireless music gear maker Sonos has raised $135 million in new capital, the largest funding deal in the Tri-Counties so far this year and a possible step toward a future initial public offering. Kohlberg Kravis Roberts, a private equity firm, led the funding round and was joined by Redpoint Ventures and investors associated Read More →
CSUCI expands 4-year degrees in Santa Barbara
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WEV, Wedgewood honored at SBA awards
One of the region’s leading catering firms and a longtime advocate for female entrepreneurs were honored at the annual Small Business Awards at the Millennium Biltmore Hotel on June 13. The program is co-sponsored by the Los Angeles District Office of the U.S. Small Business Administration and the Los Angeles Chamber of Commerce. Wedgewood Wedding Read More →
Venoco extends financing deadline for CEO
Venoco has extended CEO Tim Marquez’s deadline to July 20 to disclose how he will finance his effort to take the company private. Marquez’s buyout of the company, which is based in Denver but has about 150 employees in the Tri-Counties, was approved by shareholders on June 5. But at the time of the approval, Read More →
Oxnard’s Seabridge Marketplace center sold
The Seabridge Marketplace shopping center in Oxnard’s Channel Islands Harbor has changed hands in a quick sale to a San Diego investment group. The 91,631-square-foot shopping center was purchased by real estate investment trust Retail Opportunity Investments Corp. for an undisclosed amount. The seller was Dana Point-based K&G/Seabridge I LLC. The shopping center is part Read More →
