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Tutor Perini to Renovate Federal Properties for $66.9 Million

A subsidiary of Sylmar construction firm Tutor Perini Corp. has received two fixed-price federal contracts worth $66.9 million.

Retail Corner in San Fernando Trades for $2 Million

A single-story, two-tenant retail property in the city of San Fernando has sold for $2 million, or $382 per square foot.

Calabasas Biotech to Test COVID Nose Ointment

Calabasas biotech Turn Therapeutics has announced it received authorization to start its first human safety and efficacy trial for a COVID-19 therapy.

Business Events Calendar

Business Events throughout the Valleys.

Cal Lutheran Donor Redirects $4.8 Million From Management School

A Thousand Oaks resident who donated $4.8 million for a building at the California Lutheran University School of Management has decided to redirect the money to help support students and entrepreneurship.

Matthew Luchs Named COO at Marcus & Millichap’s Brandon Michaels Group in Encino

Calabasas-based real estate brokerage Marcus & Millichap Inc. has announced that Matthew Luchs has joined its Brandon Michaels Group as chief operating officer.

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Sherman Oaks Biotech Licenses Treatment for Development in China

Sherman Oaks biopharmaceutical company T-Cure Bioscience has entered into a license agreement with Chinese biotech Immunotech Biopharm Ltd. to develop a T cell therapy for renal cancer.

Kahn Media Wins Car Show Producer as Client

Kahn Media has been selected as the agency of record for automotive event producer Goodguys Rod & Custom Association.

Semtech Technology Added to Digital Matter Tracking Devices

Semtech Corp. has provided its LoRa Edge asset management technology to Digital Matter for use in the company’s tracking device for indoor and outdoor assets.

Pair of Burbank Office Buildings Fetch $5.7 Million

Two Burbank office buildings have sold for a combined $5.7 million.

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LumaForge, Maker of Jellyfish Post-Production Software, Acquired

Other World Computing Inc. has acquired LumaForge, the developer of the Jellyfish post-production workflow software line.

Law Roundtable: Labor & Employment

The Business Journal published a discussion on the impact of COVID-19 on employment law and new rules that went into effect at the start of the year.

CSUN Campus to Host Large-Scale Vaccination Site

California State University – Northridge will become a large-scale COVID-19 vaccination site.

Valencia Planned Development Sells 487 Homes in Fourth Quarter

Real estate developer FivePoint has announced that Valencia, the formerly named Newhall Ranch planned community under construction in the Santa Clarita Valley, sold nearly 500 homes in 2020’s fourth quarter.

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Teledyne Subsidiary Wins U.S. Navy Missile-Launcher Contract

A Teledyne Technologies Inc. subsidiary last week won an $18 million contract to build missile modules for the U.S. Navy.

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Lamps Plus Earns Role in ‘Wonder Woman 1984’

Superhero film puts retailer inside retro-style mall.

Lamps Plus Inc. has made an appearance in the new Warner Bros. Entertainment film, “Wonder Woman 1984.”

Local Landlords Are Heroes, Too

It’s Christmas morning and my phone rings. It’s a tenant telling me: “I went to use my stove and it does not work.

Real Estate Has ‘Digging to Do’

Like most restaurateurs, Michel LeChasseur has struggled since the pandemic blindsided him.

AROUND THE VALLEYS

AROUND THE VALLEYS

Building in Simi Fetches $30 Million

Bank of America leases entire 206,917-square-foot property.

Despite a waning appetite for office space during the pandemic, an office building in Simi Valley has sold for $30 million, according to Newmark, a real estate brokerage involved in the deal.

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