Funk Zone the new ‘700 Club’ as CRE investors pay premiums
Four properties in the area fetched a whopping $700 per square foot when they recently changed hands.
Community Memorial rising: $350M hospital in Ventura takes shape
The $350 million, 350,000-square-foot Community Memorial Hospital construction project in Ventura is on budget and on track, scheduled to open in the second half of 2015.
Solar projects boom but some fear a bubble
Solar installers boomed in 2013 and are expecting another good year, but some are skeptical about the new financial models underlying the growth numbers.
Fungus ruckus: Ventura mushroom farm in escrow to international buyer
What was once the country’s third-largest mushroom producer is facing a complaint filed by the city seeking nearly $200,000, and a civil suit by Shell Energy North America for an unpaid line of credit.
$98M office campus sale sets new high-water mark for county
The eye-popping price signals that a turnaround is taking hold in the Ventura County office market, which has suffered from high vacancy rates in a depressed job market, industry insiders say.
Armstrong lands construction contract for Children’s Museum
Construction on a 17,000-square-foot Children’s Museum in Santa Barbara kicks off this summer. Area general contractor Armstrong Associates has been tapped to build the new museum at 125 State St., adjacent to the train station.
