Ventura County lagging in job growth
Updated at 5:20 p.m. Nov. 10: Ventura County is the only region in Southern California that has not reached pre-recession job levels, according to research from Cal Lutheran University’s Center for Economic Research and Forecasting. Ventura is still 2,600 jobs shy from its pre-recession high and it is possible the job market has peaked, the Read More →
Lure Fish House property in Westlake Village sold
Story updated Oct. 13 at 10 p.m.: The Lure Fish House property in Westlake Village was sold for $6 million to private investor Lucrit LLC, Westcord Commercial Group announced on Oct. 10. The 7,470-square-foot property sits on a 1.76-acre parcel at 30970 Russell Ranch Road. Tony Principe of Westcord and Kamal Banki represented the buyer Read More →
Ventura’s tax measure not good for business
By Bob Alviani The business community plays a unique role in a community’s economy. If there is any sector in the economic machinery that understands what it takes to run a city, it is business. Businesses provide jobs and support families. Businesses know what it takes to earn a dollar. When it comes to city Read More →
VC housing projects can’t compete for state funds
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CoastHills Credit Union opens branch in Thousand Oaks
Lompoc-based CoastHills Credit Union recently opened its first Ventura County branch at 125 N. Moorpark Road in Thousand Oaks. The 5,000-square-foot “branch of the future” features a virtual banking experience as well as a tech bar that offers tutorials for CoastHill’s digital products. CoastHills completed a renovation of the space that was formerly home to Read More →
FDA gives big win to Amgen in biosimilars race
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Largest industrial building in Thousand Oaks sells for $37 million
The largest industrial building in Thousand Oaks was sold for $37 million, according to CBRE. Van Nuys-based real estate company Majestic Asset Management purchased the fully leased property at 1461-1475 Lawrence Drive from Austin, Texas-based Western National Life Insurance Co., a subsidiary of AIG. Majestic secured a $26.6 million balance sheet loan for the deal, Read More →
