The complex on State Street along Highway 101, anchored by REI, was previously purchased in two separate deals for about $13 million between 2005 and 2010.
The firm raked in $20.2 million in revenue for 2014 and reported operating income of $311,072, compared to an operating loss of $1.1 million for the same period in 2013.
Santa Paula-based Calavo Growers roared out of the gate with a profit of $5.3 million in its fiscal 2015 first quarter, according to a release from the company. The company’s shares jumped nearly 6.5 percent to $45.05 at the market’s close. After recording a $1.8 million loss in the same period last year, Calavo appears Read More →
Santa Barbara’s Christian liberal arts college is tapping into the downtown business community with a new program that focuses on entrepreneurship and social change.
Real estate developer and art collector William Rolland is pledging up to $4 million to California Lutheran University for a new art department building. According to the university, CLU will cover the remaining $4 million needed to fund the development of a 25,000- to 30,000-square-foot art center on the Thousand Oaks campus to be named Read More →
