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Frontier to Consolidate Offices in Thousand Oaks

Frontier Communications Corp. will consolidate its Oxnard and Thousand Oaks operations into a new space in Thousand Oaks, according to the city of Thousand Oaks and the company.

Executive Shuffle at Public Storage, PS Business Parks

Glendale’s Public Storage and PS Business Parks Inc. have named new leaders of the two commercial real estate investment trusts.

VICA Conference Features Economic Forecast

The Valley Industry Commerce Association presented its annual economic forecast Friday at the Hilton Los Angeles in Universal City.

Glendale Apartments Sell for $1 Million

A four-unit apartment complex in Glendale has changed owners for more than $1 million after a flurry of interest from potential buyers, according to commercial real estate brokerage Stevenson Real Estate Services in Glendale.

Covercraft Leases Space in Valencia's IAC Center

Covercraft, a maker of automotive covers and protectors, plans to relocate within Valencia to the new IAC Commerce Center, according to brokerage CBRE Group Inc.

American Homes Posts Mixed Quarter

American Homes 4 Rent, the national single-family home landlord in Agoura Hills, reported third-quarter earnings with mixed results.

Making Way for Workouts

FITNESS: Country club operator exits, gym firm takes space.

Bay Club’s Valley facilities to be taken over by gym operator.

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MannKind Moving to Westlake Village

Valencia biopharmaceutical company MannKind Corp. is relocating its corporate headquarters to Westlake Village, the company confirmed Thursday.

Conejo Spectrum's Developable Land Sold

The last 29 acres of buildable land in the Conejo Spectrum Business Park in Thousand Oaks has been sold to an Irvine investment and development firm.

Realtors Association Posts Ads Opposing Tax Reform Bill

The California Association of Realtors has taken out full-page advertisements in major national news telling President Donald Trump and California’s congressional delegation that Trump’s proposed Tax Reform Plan would punish California residents should it become law.

Ventura County Economy in Decline

Ventura County’s economy has declined due to job losses in high-paying industry sectors, with only low-paying jobs increasing, according to the California Lutheran University Center for Economic Research and Forecasting, which reported its economic forecast for 2018 in Ventura County at the Serra Center in Camarillo Thursday.

Reagan Funeral Provides Economic Stimulus

RETAIL: Restaurateurs benefit from influx of visitors who came to say last good-byes.

Trickle-down economics: Crowds visiting for Nancy Reagan’s funeral pack Simi Valley eateries.

PS Business Parks Beats Expectations

Glendale’s self-storage developer PS Business Parks Inc. (PSB) reported first-quarter earnings that surpassed an analyst’s expectations.

Tutor Perini Building Palisades Village Project

Tutor Perini Corp. has begun construction on the Palisades Village project in Pacific Palisades.

Counter Programming

CONSTRUCTION: One Week Bath touts software as means to cut costs, time for projects.

One Week Bath in Van Nuys aims to reverse remodeling’s negative image with technology.

Public Storage Re-Opens Facilities in Houston

A week after Public Storage closed more than 100 facilities in the Houston area due to Hurricane Harvey, the company announced it has re-opened them.

Valencia Shopping Center Sold for $115 Million

The River Oaks shopping center in Valencia has sold to a real estate investment firm for $115 million, according to the company.

Investor Buys Red Lobster Location in Valencia

Great location and national tenant stability motivated a buyer to purchase property occupied by Red Lobster in Valencia for $3.6 million, according to Encino brokerage NAI Capital Inc.

PennyMac Climbs 11 Percent on Higher Earnings

Stocks rallied more than 11 percent Friday on the fourth-quarter earnings PennyMac Financial Services Inc. reported late Thursday.

Marcus & Millichap Reports Strong Third Quarter

Calabasas commercial real estate brokerage Marcus & Millichap Inc. (MMI) reported third-quarter earnings Thursday that exceeded analysts’ expectations.