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$128 Million Buys Simi Valley Distribution Facility

A distribution facility in Simi Valley has sold for $128 million, or roughly $441 per square foot.

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Business Events Calendar

Business Events throughout the Valleys.

Simulations Plus Misses Estimates on Earnings in Fiscal Fourth Quarter

Simulations Plus Inc. on Monday reported a 12 percent gain in revenue for fiscal 2021 and a 3 percent gain in its fiscal fourth quarter.

AROUND THE VALLEYS

Kennedy Wilson plans to break ground this quarter on a 589-unit master-planned community on a 32-acre parcel owned by and adjacent to California State University – Channel Islands.

SHEDDING SQUARE FEET

Office vacancy surges nearly 5 points in the Valley as companies look to downsize.

Valley companies look to shed space to prepare for the post-pandemic workforce.

Chatsworth Garage Learns to Go Electric

Fast-changing EV technology means no estimates for clients.

A look at three electric vehicle companies in the greater Valley area.

Universal City Event Debuts the Solo

Three-wheel EV can handle freeway driving for only $18,500.

Climbing into the Solo, a single-occupant vehicle from Canadian electric car manufacturer ElectraMeccanica Vehicles Corp., feels exactly like getting into any type of car, said Kevin Pavlov, the chief executive.

Deal Puts BYD in Driver’s Seat for Fleet Sales

Joint venture lines up to buy 5,000 vehicles over five years.

Early this month, BYD Motors Inc. announced a collaboration with a new San Diego-based joint venture, Levo Mobility, to integrate vehicle-to-grid (V2G) technology into 5,000 vehicles over the next five years.

Restaurateurs Talk COVID Impact

Owners juggle kitchen labor shortage, supply problems.

The Association for Corporate Growth on Oct. 13 held a panel with four local restaurant executives to discuss the long-term impacts of the COVID-19 pandemic on the industry.

Business Formation Up at CorpNet

Online legal document firm finds growth in pandemic.

Online legal document filing service CorpNet has benefitted from pandemic.

LegalZoom Looks for Subscription Revenue

LAW: Executive team from Intuit tries to duplicate the TurboTax success model.

Former Intuit Execs at LegalZoom.com Inc. trying to recreate success of TurboTax.

Businessy Mayor

Management consultant and former IBM executive Bill Miranda brings a fresh perspective to Santa Clarita City Hall.

An interview with Bill Miranda, business consultant and mayor of Santa Clarita.

Valley Economic Alliance Recommends Changes to L.A.’s Building Permit Process

The Valley Economic Alliance has presented 13 recommendations for permit reform to the city of Los Angeles in an effort to streamline the current real estate development and building process.

Report: Disney May Spin Off ESPN

Walt Disney Co. is looking to spin off its lucrative ESPN sports network, according to a media report.

Restaurant Panel Discusses COVID Impacts

The Association for Corporate Growth held a panel with four local restaurant executives to discuss the long-term impacts of the COVID-19 pandemic on the industry.

LegalZoom and NBA Partner on $6 Million Small Business Program

Online legal technology company LegalZoom.com Inc. in Glendale has teamed up with the National Basketball Association for a multiyear partnership that will begin with a $6 million initiative focused on providing capital and other resources to small businesses.

A Glimpse at Developer’s Plan for Fry’s Site at Warner Center

A rendering has emerged for Kaplan Cos.’ designs to transform the site of the shuttered Fry’s Electronics store in Woodland Hills into a mixed-use complex featuring apartments, a hotel and retail space.

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It’s Time to Get Back to the Office

Why working from the office is healthier for employees and employers.

Bills of Mass Introduction

VICA President Stuart Waldman writes about trimming the fat off the legislative process.

$15.5 Million For Burbank Residential

Skyview Terrace Apartments trades for $442,860 a unit.

Skyview Terrace Apartments in Burbank sell for $15.5 million.