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2400 Conejo Spectrum sold for $14.9 million. (courtesy photo) Commercial real estate firm Newmark announced Dec. 12 that it has arranged the $14.9 million sale of 2400 Conejo Spectrum, a vacant 98,841-square-foot commercial building in Thousand Oaks, to Ventura County. The Ventura County Fire Department will use the building for its administrative headquarters. Newmark, based

Goleta’s new battery storage facility, located at 6864 Cortana Drive, was dedicated Dec. 1. (courtesy photo) GridStor, an Oregon-based developer and operator of grid-scale battery energy storage systems, dedicated its new Goleta facility on Dec. 1. It’s the newest such facility in California and the largest power source in Santa Barbara County. The 60 MW/160

With the stock market hitting the pause button — for the most part — as we head into December, it’s hard to know whether it’s the doomsayers or the Santa Claus rally squad who will prevail. But as we wind up a topsy-turvy 2023 with the S&P 500 within 5% of its all-time high of

An arbitrator has awarded more than $155 million to a Florida-based mortgage services firm over alleged unauthorized use of its confidential information by Westlake Village-based mortgage lender PennyMac Financial Services. The Florida company, Black Knight Servicing Technologies, provides electronic mortgage services and software to the mortgage industry. PennyMac is a former client of Black Knight.

A study conducted by MyeLearningWorld, a site focused on providing online instruction to people, found that over 2.1 million fewer students are enrolled in college now than a decade ago, a 12.8% decline. As a result, the report, published on Oct. 23, found that the decline of college enrollment has had a massive economic impact.

SHOP SMALL BUSINESS The city of Goleta is encouraging locals to think about shopping, dining out or in need of any services to think about some of the options located closest to them first. As a result, the city launched a new online business directory GoodLandGoodShopping.com with more than 800 Goleta businesses that are listed for a variety

Santa Barbara County’s Water Resources Division has agreed to pay $750,000 to resolve civil and criminal charges stemming from the agency’s alleged mismanagement of an oil water separator system in Toro Canyon, which led to oil spills into Toro Canyon Creek. The settlement with the Santa Barbara County District Attorney’s Office, in which the division

The Azure apartment community in Santa Maria sold for an undisclosed amount on Dec. 5. (courtesy photo) Azure, a 318-unit luxury garden-style apartment community in Santa Maria has been sold, MBK Rental Living, an Irvine-based developer, announced on Dec. 5. The company declined to disclose the buyer of the apartment community or the selling price

On Dec. 4 we reached a somber milestone when Wall Street Journal reporter Evan Gershkovich reached the 250-day mark in a Russian prison. Gershkovich was arrested earlier this year for doing his job on assignment from the Wall Street Journal, which has vigorously protested his arrest and imprisonment. He was a fully accredited journalist under

The Collection at Janss sold for $27.5 million. (courtesy photo) NewMark Merrill, a Calabasas-based property development and management company, acquired the Collection at Janss Marketplace from the Seritage Retail Group, NewMark announced in a press release. According to reports, The Collection sold for about $27.5 million. The Collection at Janss Marketplace is a 172,008-square foot