All results / Stories / Michael Aushenker


AROUND THE VALLEYS

Amgen Inc. announced it has broken ground on a new biomanufacturing plant in New Albany, Ohio.

Stages in Short Supply

With demand for content on the rise, developers hurry to build movie studios.

Construction of new production lots in the East San Fernando Valley has heated up.

Valley’s Early Player

Quixote got into studio rentals before the boom, but faces new competitors.

In the pre-pandemic days of August 2019, Quixote Studios got ahead of the content-demand curve when it opened its North Valley Studios at 12137 Montague St. in Pacoima.

Building an Epicenter

NBCUniversal expands production capacity on its lot to become the ‘content hub of the future.’

In what the company calls the “content hub of the future,” NBCUniversal is currently building eight soundstages in an expansion and updating of its century-old Universal Studios lot.

Is It Wetland?

REAL ESTATE: Shawn Moradian wants to build on his 37 acres in Thousand Oaks, but he alleges a ‘backdoor deal’ has sabotaged the project.

Landowner wants to build on 37 acres but claims that ‘backroom deal’ has sabotaged his plans.

Developer Sues Agoura Hills Over Rejected Project

California Commercial Investment Cos. has filed a lawsuit against the city of Agoura Hills over the Westlake Village builder’s long-gestating plan to build Agoura Village East.

Burbank’s Empire Landing Sold; Will Be Upgraded

Clarion Partners and Cityview have acquired a 276-unit multifamily property in Burbank for $161 million, or more than $583,000 a unit.

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AROUND THE VALLEYS

Teledyne Technologies Inc. beat Wall Street estimates on earnings and matched on revenue for the third quarter.

Amazon-Leased Site Delivers Big Price

Simi Valley distribution facility sells for $128 million as a last-mile logistics hub for e-commerce giant.

Amazon.com Inc. leases another building, this time in Simi Valley.

L.A. City Vaccine Mandate Starts Monday

In the city of Los Angeles, proof of COVID-19 vaccination will be required indoors at restaurants, bars, movie theaters, museums, fitness and yoga centers, nail and hair salons, and entertainment facilities hosting music and sports events.

Burbank Town Center Sells for $136 Million

Onni Group, a Canadian real estate developer best known for residential projects, has delved into retail with its purchase of the 1.2 million square foot shopping complex at 201 E. Magnolia Blvd.

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LegalZoom Partners on Payment Processing for Entrepreneurs

LegalZoom.com Inc., the Glendale-based online legal document vendor, has partnered with Square to provide small businesses with point-of-sale payment software and operations management tools.

$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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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.

Has the Valley Run Out of Industrial Space?

High demand for warehouses continues; supply is constricted.

High demand for warehouses continues, but supply is constricted.

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.

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.

Warner Bros.’ Burbank Facility to Be ‘Largest Studio Development’

The historic Warner Bros. Ranch Lot in Burbank will get a $500-million makeover from new owners Worthe Real Estate Group and Stockbridge.

AROUND THE VALLEYS

Stratolaunch, the aerospace company that built the world’s largest airplane, has added a former Pentagon official to its technical advisory group.

Compass Team Focuses On Luxury Housing

Brokers head new Valley Division of Beverly Hills firm.

Combined, they have closed more than $2 billion in sales by transacting premier residential properties along the Ventura Boulevard corridor on behalf of a clientele that includes A-list celebrities, musicians and athletes.