San Fernando Valley Business Journal

Tarzana Professional Center Sells for $32 Million

The Tarzana Professional Center has changed hands for $32 million, according to Calabasas commercial brokerage firm Marcus & Millichap Inc.

Sports Doctor Buys Thousand Oaks Building

A medical doctor has bought a Thousand Oaks office building to move his sports medicine practice closer to outpatient clinics, according to commercial real estate brokerage Westcord Commercial Real Estate in Westlake Village.

Business Events Calendar

Business Events throughout the Valleys.

DreamWorks Settles Employment Collusion Lawsuit

DreamWorks Animation is settling for $50 million a class-action lawsuit filed by animators alleging the company engaged in illegal hiring practices and kept wages low, according to media reports.

Capstone Raises $6.8 Million in Private Placement

Capstone Turbine Corp. will sell 6.3 million shares of its common stock to two institutional investors, it was announced Tuesday.

No. 2 Hotel in L.A.? It’s the Garland

The Garland hotel in North Hollywood has been named the No. 2 hotel in Los Angeles by readers of Condé Nast Traveler magazine, the publication announced Tuesday, jumping three notches from its No. 5 ranking last year.

BlackLine Prices IPO

BlackLine Inc. has set the price for its initial public offering at between $13 and $15, according to documents filed Monday with the Securities and Exchange Commission.

UCLA Honors American Homes Exec

UCLA’s information technology group, IS Associates, has honored a high-level executive with American Homes 4 Rent, the Agoura Hills real estate investment trust.

Massive Mixed Use Project to Replace Promenade Mall

Plans have been filed with the Los Angeles Department of City Planning to turn the indoor Westfield Promenade shopping mall into a mixed use development.

Tutor Perini Wins Virginia Highway Contract

Sylmar construction firm Tutor Perini Corp. has received a $107 million contract from the Virginia Department of Transportation for a highway improvement project in Norfolk, the company announced on Monday.

Amgen Expands Board

Amgen Inc. on Friday announced that the company has appointed Ellen Kullman to its board of directors, expanding it from 13 to 14 members.

Ixia's Mayer Among Powerful Women in Tech

The California arm of the National Diversity Council has named Bethany Mayer, president and chief executive of Ixia, among the 50 most powerful women in technology for 2016, the company announced on Monday.

VICA Speaker Says Valley Could Host Olympic Events

Three Olympic events will be held in the San Fernando Valley if Los Angeles hosts the 2024 Olympics, the chief of the game-luring committee said Friday.

Jerry's Deli to Close

The Woodland Hills location of Jerry’s Famous Deli will close for good on Oct. 16 after 43 years of business, the restaurant has announced.

Moody's Upgrades Palmdale Debt

Moody’s Investor Service has upgraded its rating on the City of Palmdale’s lease-backed debt to A1 from A3, the city announced Friday.

Preview: Hot Rod College

Shop converts to academy to teach custom car skills.

Preview: Easton Unveils High-Tech Bat Lab

Baseball is a sport steeped in tradition, but one brand has staked its future on bringing technology and innovation to America’s pastime – and without endorsements from professional athletes.

Logix Headquarters Breaks Ground

Logix Federal Credit Union will break ground Oct. 26 on its new headquarters in the Valencia Commerce Center in the Santa Clarita Valley.

Broker Promoted at Glendale CBRE Office

Glendale commercial real estate broker Troy Pollet with L.A.-based CBRE Group Inc. has been promoted to senior vice president, according to the brokerage.

Location Filming Grows in Q3

On-location filming in the third quarter increased by 3 percent compared to a year ago, according to a report released Thursday by FilmL.A.