SFV BUSINESS JOURNAL DAILY NEWS

Promenade 2035 Project Passes Planning Commission With Unanimous Vote

Westfield’s Promenade 2035 project has passed an important milestone after a unanimous vote during its entitlements hearing with the Los Angeles City Planning Commission.

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Marcus & Millichap to Lay Off 175 Staffers

Calabasas-based brokerage Marcus & Millichap Inc. will lay off 175 salaried employees, or 20 percent of its 877-person workforce, as the coronavirus outbreak ripples through the commercial real estate industry.

Woodbury Named ‘College of Distinction’

For the sixth consecutive year, Woodbury University in Burbank has been recognized as a “College of Distinction.”

Westfield’s Woodland Hills, Valencia Shopping Centers to Reopen June 3

Westfield Topanga & The Village in Woodland Hills and Westfield Valencia in the Santa Clarita Valley will reopen June 3.

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Simulations Plus Wins $400,000 FDA Grant

Lancaster biotech Simulations Plus has won a $400,000 grant as part of a cooperative agreement with the U.S. Food and Drug Administration, the company said in a statement Thursday.

Semtech Beats Forecasts, Sees More Demand Despite 'Headwinds'

Semtech Corp. beat Wall Street expectations on adjusted earnings and revenue in the fiscal first quarter.

Loop Media to Distribute Drone Videos

Short-form video distributor Loop Media Inc. has signed a partnership agreement with Drone TV, a streaming channel for aerial videos from around the world.

New Waste-to-Energy System to Explore Sites in L.A.

A new waste-to-energy technology, looking to set up shop at some landfill site in Los Angeles, has gotten a letter of support from Los Angeles County.

SecureSpace Self Storage Opens in Camarillo

SecureSpace Self Storage has announced the grand opening of a new self storage facility in Camarillo.

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ServiceTitan Buys New York Company

ServiceTitan, the software developer for contractors, has acquired Pointman, a similar company that allow contractors to access data in the field using a mobile device.

State Rules on How Non-Essential Offices, Retailers Can Reopen

Gov. Gavin Newsom announced an amended Safer at Home Order for the state, giving non-essential office-based businesses the green light to reopen, as well as retail establishments for in-person shopping and places of worship.

Terasaki Institute to Move into Former Weider Building

The Terasaki Institute, a Los Angeles biotech nonprofit, plans to transform the former Weider Health and Fitness Center into a biomedical research and development facility.

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Van Nuys Multifamily With 96 Units Sells for $19 Million

A 96-unit apartment building in Van Nuys has sold for just over $19.3 million, or $200,337 a unit.

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Lockheed Martin Donates $500,000 to AV Hospital

Antelope Valley Hospital received a $500,000 grant from aerospace giant Lockheed Martin to obtain personal protective equipment, according to a statement from the hospital.

Equity Purchase Pumps Capital into Endonovo

Endonovo Therapeutics Inc. has arranged an equity purchase agreement with Cavalry Fund I, under which Endonovo will sell up to $10 million in shares during the next 24 months.

Amazon to Occupy 97,000 Square Feet in Santa Clarita

Amazon.com Inc. is ready for a major Santa Clarita Valley presence.

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Preview: Resilience in Self Storage

INDUSTRIAL: Business model works in current economy.

Preview: Turbulent Markets

Investment advisors talk about the meltdown of 2020.

City Sues Chatsworth Pot Shop After Fatal Shooting

L.A. City Attorney Mike Feuer has filed a civil complaint against a Chatsworth pot shop after an 18-year-old customer was shot and killed on site.

Poms & Associates Rebrands with TV Ads

While most businesses have focused solely on surviving COVID-19, insurance brokerage Poms & Associates has launched a rebranding campaign.