Industrial portfolio in Camarillo sells for $23.4M
A large industrial portfolio in Camarillo recently changed hands to the tune of $23.4 million. Marcus Adams Properties recently acquired six multi-tenant and two single-tenant industrial buildings totaling 205,669 square feet, all located in the Flynn Road Industrial Park of Camarillo. At the time of sale, the properties were 96 percent leased with 28 different Read More →
Governor signs gun bills introduced after Isla Vista mass shooting
Gov. Jerry Brown on Wednesday signed into law a swath of new gun-control bills introduced in the wake of a mass shooting near UC Santa Barbara.
Clean Diesel chairman resigns, metals industry veteran steps in
Shares of Clean Diesel Technologies closed down 5.5 percent on Tuesday, after the company announced that Alexander “Hap” Ellis III had resigned as chairman and that board member Charles Engles had taken over the position. Ellis resigned to focus more time on RockPort Capital, the venture capital firm of which he is a partner, Clean Read More →
SLO telecoms to merge
Norcast Telecom and Blue Rooster Telecom, two San Luis Obispo-based firms that provide voice and data service to about 2,500 Central Coast business customers, are merging.
Lineage Logistics unveils new cold-storage facility in Santa Maria
Lineage Logistics, owned and managed by Bay Grove Capital, has officially opened the doors of its new 216,000-square-foot cold storage and food-processing facility in Santa Maria. The company declined to share a dollar figure for the project, which is Leadership in Energy and Environmental Design-certified. The company has not provided a dollar figure associated with Read More →