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 →
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 →
The Ryland Group office in Westlake Village will close in 2016 following the company’s merger with Standard Pacific Homes. Homebuilders Ryland and Irvine-based Standard Pacific recently completed a $5.2-billion merger to create CalAtlantic Group, the nation’s fourth largest residential home developer. Larry Nicholson, former CEO of Ryland, will serve as CEO of the new Read More →
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By pacbiztimes / Friday, October 9th, 2015 / Columns, Latest news, Real Estate / Comments Off on Goleta building changes hands as tech company moves to Thousand Oaks
Goleta is losing one of its longtime tech firms to Thousand Oaks but accommodating an expanding homegrown company. Goleta-based BEI Sensors, which creates speed and position sensors for the defense, industrial and aerospace markets, consolidated its workforce to its 1461 Lawrence Drive headquarters in Thousand Oaks. The move made way for Goleta-based Integrated Procurement Read More →
Garden tool seller and repair business A-OK Power Equipment is expanding into Old Town Goleta. The Santa Barbara-based company recently signed a lease at a 5,562-square-foot space at 5777 Hollister Ave. Owner Jim Gally, who also owns Carpinteria Valley Lumber and Cantwell’s Markets, is expanding into his fifth location. A-OK Power Equipment is taking over Read More →
