San Luis Obispo-based real estate and development firm PB Cos., started in 2011 by partners Ryan Petetit and John Belsher, has gone from a single deal to build a few homes to a collection of projects valued at more than $300 million.
An unmanned space plane resembling a miniature space shuttle is expected to end a nearly two-year classified mission with a not-so-secret landing at Vandenberg Air Force Base near Lompoc, perhaps as early as Oct. 14. One of two X-37B robotic space planes in the Air Force fleet, the California landing may be one of the Read More →
A former South Coast standard in travel gear is returning to its Santa Barbara roots and operating under a new name. CircaTerra Travel Outfitters is planning an Oct. 24-26 grand opening with former Magellan’s Travel Supplies CEO Mark Gallo and his wife Kathy at the helm. The pair bought the former Magellan’s retail store in Read More →
Cattle ranchers all over the Tri-Counties are reeling from the effects of the drought, with the last decade of unusually warm, dry conditions making the industry especially difficult to continue in the county where it has previously prospered most — San Luis Obispo.
Santa Barbara-based military contractor Channel Technologies Group announced today that it has acquired Materials Systems Inc., a producer of sonar technology. The value of the deal was not disclosed. The Massachusetts-based firm will become a wholly owned subsidiary of Channel Technologies, which is owned by private equity group Blue Wolf Capital Partners. Both companies use Read More →
Sizable retail-based transactions keep popping up along the Highway 101 corridor. The latest of these is the Ventura Village Shopping Center in Ventura, which was recently sold to an undisclosed private company for $23.3 million. The seller was Regency Centers, a publicly-traded real estate investment trust headquartered in Jacksonville, Florida. Ventura Village is an approximate Read More →
