$8M Carpinteria office building changes hands
One of Carpinteria’s more notable office buildings is back in the hands of its previous owner. The 52,000-square-foot Class A property at 5464 Carpinteria Ave. was recently bought back from the entity that the previous investor sold it to. Transaction terms weren’t disclosed, but the brokerage firm behind the deal said the property was Read More →
Business Times wins reporting award for public pension story
The Pacific Coast Business Times has won a first-place news reporting award in the Southern California Journalism Awards contest for a story about retired Ventura County Sheriff Bob Brooks suing the county for a supplemental pension benefit. The contest is hosted by the Los Angeles Press Club and includes publications of all sizes throughout Southern Read More →
Santa Barbara city manager to step down after 13 years
Santa Barbara City Administrator Jim Armstrong will step down at the end of September after 13 years in the position, the city said on Friday. Armstrong was appointed as Santa Barbara’s chief executive in September 2001, a role in which he and oversaw 10 departments and managed the city’s $275 million operating budget. The city Read More →
Ventura County to get $1.5M through federal program
Ventura County will receive $1.47 million from the U.S. Department of Interior’s Payments in Lieu of Taxes. The PILT program gives funds to local governments to offset losses in property taxes due to non-taxable federal lands within their boundaries. Last year, Ventura County received $1.3 million in PILT funds, according to Congresswoman Julia Brownley, D-Westlake Read More →
San Luis Obispo groups tackle workforce housing shortage
San Luis Obispo County has a problem with workforce housing. It doesn’t exist, and nobody wants to build it.
Rising tide of exports: Region to boost business with Latin America
Foreign demand for American-made goods is fueling a rise in exports from the Tri-Counties to Latin America.
