A $54.5 million deal for two industrial buildings in Camarillo is one of the biggest transactions to hit the South Coast real estate market this year. The Mission Oaks Corporate Center, home to Deckers and Addison Behavioral Resources warehouses, was recently sold by a joint venture between Rexford Industrial and Dune Real Estate Partners to Read More →
As the Sustainable Groundwater Management Act sits on the table for 2015, some water wells in the Tri-Counties are already facing new limitations after the Ventura County Board of Supervisors issued an emergency well-drilling moratorium on Oct. 28 with a 4-1 vote.
An explosion at a waste water company’s yard in Ventura County overnight caused minor injuries to dozens of people and closed Highway 126 for a number of hours on Nov. 18. The explosion at the Santa Clara Waste Water Treatment Plant in Santa Paula happened while a truck was pumping waste from a collection tank, Read More →
Many cities across the country are gearing more resources to improving public transportation and making their urban centers more pedestrian and bike friendly. In Ventura County, a $3.3 million grant from the California Transportation Commission, approved Nov. 14, is expected to boost that effort, providing funding for 54 active transportation projects in the region. Among Read More →
Several area businesses and individuals took home awards for their philanthropic contributions at the Association of Fundraising Professionals Santa Barbara and Ventura counties chapter 2014 National Philanthropy Day luncheon held Nov. 13 at the Ventura Beach Marriott. Montectio Bank & Trust, one of the oldest and largest locally owned banks in the region, was named Read More →
Even in the face of the worst drought in decades, investing in California agricultural land is a hot real estate strategy for institutional investors. Land values continue to rise along with the rents, and REITs, or real estate investment trusts, are looking more to the shrinking supply of farmland for better-than-average fixed income returns. Read More →
Tri-county voters approved $910 million in school bonds on Nov. 4, with every bond proposal passing in Ventura and San Luis Obispo counties while just one passed in Santa Barbara County.
