San Fernando Valley Business Journal


Scaling Retail

Westfield’s outdoor Village to bridge two mallsWestfield’s Village at Topanga will upend West Valley shopping when it opens next month.

By Champaign Williams August 10, 2015 midnight   $$ Share

Acute Interest In Hospitalists

HEALTH CARE: IPC bought by Team Health for $1.6 billion.

North Hollywood’s IPC became an acquisition target because its specialty – providing so-called hospitalist doctors – became more valuable under Obamacare.

Future Without Nostalgia Site

ONLINE: United Online sells to tighten focus.

Woodland Hills’ United Online decided it was time to step off Memory Lane and sell its nostalgia-inducing Classmates unit.

Taking Off

Building projects wing way to Van Nuys Airport

Development at Van Nuys Airport is taking off, with several projects lined up on the runway.

Distance Grows Between Two Plazas

REAL ESTATE: Developer looks to revive Laurel as Valley languishes.

San Diego developer takes on renovation of Laurel Plaza in North Hollywood but not the nearby Valley Plaza.

Wells Fargo Supersizes For Service

Bank’s new outpost to make large push into aiding small business.

Wells Fargo has opened what it calls a superstore in Sherman Oaks to serve the many needs of small businesses.

Business Boom Brings Booster Move

VICA to get busier on behalf of commerce at bigger Van Nuys office.

The Valley Industry and Commerce Association will soon move to more spacious quarters in Van Nuys.

‘Fertigation’ Makes Waves in Water Bills

Ted Howard Gardens taps fertilizer to trim lawns’ H2O use.

Still want a lush lawn without watering much? An invention called fertigation may be your answer.

New Editor Takes Reins At Paper

Joel Russell ready to get down to business with Valley coverage.

Joel Russell takes over as the new editor of the Business Journal.

Shoring Up Overseas

FINANCE: NetSol looks to reboot software’s rocky launch with pursuit of Asian markets.

NetSol Technologies’ new auto-finance software sputtered at first, but sales are finally accelerating – particularly in China, where the CEO believes huge numbers of cars will be sold.

Clothing Designer Fashions Cystic Fibrosis Benefit

FUNDRAISER: 12-year-old Grace Rose Bauer’s event brings in stars, $30,000.

The saying “and a child shall lead them” accurately describes entrepreneur Grace Rose Bauer’s efforts.

Disintegration Tester Coming Together for Firm

PHARMACEUTICAL: Hanson upgrading device that tests how pills dissolve in bodies.

Hanson Research is wrapping up development on an updated piece of test equipment used in the pharmaceutical industry.

Building Out

Scott Ehrlich’s interests have taken him beyond development to launching candy shops and producing a musical and movie based on his life.

Scott Ehrlich has no time for hobbies because he’s been busy building hundreds of affordable housing units, founding a chain of ice cream shops and virtually rebuilding downtown Lancaster.

Stone, Tile Maker Looks to Rock Out at New HQ

LEASE: Walker Zanger spent $2.5 million on built-to-suit office space in North Hills.

It will take 225 truck trips, but in about a month luxury stone and tile maker Walker Zanger Inc. plans to be settled into its new built-to-suit headquarters in North Hills.

Around the Valleys

News and notes from the greater San Fernando Valley

Lutz Klingmann resigned as chief executive of Golden Queen Mining Co. Ltd., which is currently preparing to open a gold and silver mine in Mojave.


Calendar of events

How Government Should Work

Businesses as well as governments can advance themselves by embracing change, Sen. Bob Hertzberg writes.

Drug Backers Feel Queasy

BIOTECH: MannKind’s debt-for-equity swap hurts shareholders.

With sales stagnating, MannKind tries debt-for-equity swap to avoid $100 million payout.

Valley Lands Plane Parts

AVIATION: Pacific Air leaves Santa Monica after 55 years.

Airplane parts supplier Pacific Air Industries leaves Santa Monica for Chatsworth.

PennyMac Latest HQ to Conejo

REAL ESTATE: New office construction lures financial, corporate tenants.

Publicly traded mortgage lender PennyMac is moving its headquarters to Westlake Village.

App Helps Nail Down Home Repair

ServiceTitan founders created software to help dads’ businesses.

Software that helps home repair companies track jobs lands $18 million investment.

Investor All Aboard For Nasdaq Index

Real Industry expects boosted profile from joining Russell 2000.

Real Industries in Sherman Oaks gets listed on the Russell 2000 stock index.

Mounts Help Productions Hit Road

Matthews’ devices let film, TV shoots attach cameras to cars.

Matthew Studio Equipment debuts a new camera mounting system.

The Number

How did hosting the Special Olympics impact the L.A. economy?

Trafficking In Convenience

INTERNET: GetDismissed’s app connects users with obscure process to avoid paying tickets.

Westlake Village entrepreneur develops app to get traffic tickets dismissed.