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The Seabridge Marketplace shopping center in Oxnard’s Channel Islands Harbor has changed hands in a quick sale to a San Diego investment group. The 91,631-square-foot shopping center was purchased by real estate investment trust Retail Opportunity Investments Corp. for an undisclosed amount. The seller was Dana Point-based K&G/Seabridge I LLC. The shopping center is part Read More →
Oxnard-based wireless products maker CalAmp Corp. has signed a $25 million contract with Navman Wireless for fleet-tracking products. CalAmp said May 7 that under the five-year deal, it has purchased several products and technologies from Navman and set up a research and development center in New Zealand that is staffed by 14 employees brought over Read More →
The audit firm that signed off on Oxnard’s financial recordkeeping is the same firm that audited the city of Bell and drew a scathing report from the State Controller’s office for malfeasance that auditors should have caught. Mayer Hoffman McCann, the auditing arm of CBIZ, has acted as Oxnard’s auditor since at least 2005. The Read More →
By Staff Report / Thursday, April 26th, 2012 / Real Estate, Top Stories / Comments Off on Developers sell RiverPark apartment project for $10M
The 224-unit Mosaic Apartments project in Oxnard’s RiverPark development has changed hands for $10 million. Real estate investment and development firms Urban Partners, LLC and Plaza Development Partners said the two fully-entitled lots were sold in an all-cash deal to Arizona-based The Wolff Co. “The property sale represents an exponential return on invested capital,” the Read More →