Again, Ford buys a bank at a bargain
To Carl Webb, California in 2010 looks a lot like California circa 1993. A devastating meltdown in the housing sector. Sky-high unemployment. Deep budget problems. And a crisis in confidence that the Texas banker describes as “a little less spring in the step” of the California consumer. In short, the perfect time to get back Read More →
One of nation
One of the largest greenhouses on the West Coast has been put up for sale with an asking price of $18.5 million. Carpinteria orchid grower Gallup & Stribling’s 45-acre property includes 1.5 million square feet of greenhouse and industrial space. The property, just off of Highway 101 at 3450 Via Real, has been used to grow Read More →
Harbor Freight battle is a father-son feud for the ages
During the past 15 years, a tool and hardware distributor in Camarillo called Central Purchasing exploded into one of the largest private companies in the Tri-Counties as it exploited new sales channels online, in broadcast media and at 300 retail stores. But as the company, known today as Harbor Freight Tools, saw its revenue soar Read More →
Muscle car supplier could have region
In what may be the largest lease deal in the Tri-Counties to date this year, Dynacorn International leased 98,952 square feet of industrial space at 4030 Via Pescador in Camarillo. The seven-year lease is valued at more than $3.8 million, according to NAI Capital’s Ventura County office, which represented the lessee. Dynacorn, a wholesaler of Read More →
Ventura College sues contractor on new science wing for $12M
The Ventura Community College District is suing the architect and contractor for its new Ventura College health and science complex for breach of contract and professional negligence, asking for damages of about $12 million. According to a complaint filed June 25 in Ventura County Superior Court, the college hired Omaha, Neb.-based engineering and design firm Read More →
Maldonado to keynote Spirit of Small Business Awards
I’m really pleased to report that I’ll be welcoming a fellow small business owner to the podium to keynote the 8th Annual Spirit of Small Business Awards luncheon this year on Thursday, Aug. 12. Lt. Gov. Abel Maldonado, whose political career I’ve followed with great interest for the past decade, will be this year’s Spirit Read More →
Simi Valley Town Center the latest mall with
The newly developed Simi Valley Town Center, a 619,000-square-foot shopping center off of Highway 118, is up for grabs. The center is now listed for sale, a broker announced June 29. The mall, which opened in 2005, has an occupancy rate of 86 percent and includes Macy’s, Apple, Anthropologie, California Pizza Kitchen, Forever 21 and Read More →