San Fernando Valley Business Journal

SFVBJ CURRENT EDITION

Chopping Block

Trade School Funding in JeopardyThe fate of adult education is uncertain as LAUSD weighs budget cuts.

By Judy Temes February 6, 2012 midnight   $$ Share
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Back to Health

Valley Presbyterian Hospital repaired its budget. Now it aims to build a stronger culture with patients.

Valley Presbyterian has shored up its fiscal house and looks to future.

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Valley Area’s Industrial Market Rebounds

OUTLOOK: Bright future may be ahead.

SPECIAL REPORT: Commercial Real Estate - Local brokers say rents in the industrial market will rise this year.

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Digital Conversion Opens New Doors for Cinedigm

STRATEGY: Firm to enter emerging markets.

Technology: Cinedigm eyes new opportunities through digital conversion.

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Facials for Fido?

RETAIL: Kriser’s pet store grows with high-end pet products market.

Natural pet food retailer Kriser’s expands its domestic presence.

Valley’s Adult Education Programs Facing Perilous Cuts

VICA LOCAL UPDATE

Catching the local business issues that fall through the cracks

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Federal Budget Cutting into Valley Business

FROM THE NEWSROOM

Northrop Grumman Corp. in Palmdale has been trying to ward off the U.S. Department of Defense ax. Editorial by Editor, Jaclyn Giovis

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Valley Mall Snags New Makeover

Northridge center to get new lighting, flooring, updated food court.

Northridge Fashion Center commences renovation project

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Dino Skulls Adds Spunk to Shoes

A hit with children, Sculpted Footwear now pursues adult market.

Chatsworth-based Sculpted Footwear hits the small screen

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Neonatal Unit Close to Opening

New unit at Henry Mayo gives parents peace of mind for their newborns.

Henry Mayo hospital expects approval to open new NICU next month

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New Parking System Pulls Into Valley

Auto Parkit uses less space than traditional parking garages.

Sherman Oaks apartment project features automated parking garage

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Doctor in the House?

Medicine: Community clinics short on physicians to care for new patients expected from health care reform.

Thanks to health care reform, community clinics suddenly have more money to take on new patients and expand their services.

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Menswear Retailer Closes Amid Industry Transition

Shopping: Economy, new competition prompts Mel Fox closure after more than 60 years.

After more than 60 years of business, Mel Fox, the Encino-based men’s clothing retailer, is preparing to close its doors

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Rapidly Improving Santa Clarita Industrial Market Spurs New Construction

SANTA CLARITA: Santa Clarita becomes the new hot spot for the industrial market

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Avalon Investment Readies a Third Speculative Project

Build: Developer to break ground on 45,000-square-foot industrial building this summer.

Avalon Investment Company prepares for new project in Santa Clarita

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East Valley Industrial Market to Join Rising Tide in 2012

Demand: Building owners fill space in aging structures to companies who value location.

East Valley is known as one of the Valley’s oldest industrial markets

Nestlé USA Lands Cool Deal for Ice Cream Distribution

Lease: Route change leads to adding a third location; company will make $500,000 investment.

Nestlé USA has leased roughly two acres of land in Chatsworth to build a distribution center for its ice cream products and more.

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Real Estate Brokerage Firms Predict Bright Spots For 2012

Growth: Apartment sales will remain hot this year as other markets begin to warm up.

ABOUT THE LISTS. Includes SFVBJ's 2012 REAL ESTATE BROKERAGE FIRMS, PROPERTY MANAGEMENT FIRMS, LEASED OFFICE SPACES, and SOLD OFFICE SPACES lists for download (pdf)

Lack of Incentive Hampers Investment in Aging Properties

Lack of Incentive Hampers Investment in Aging Properties

Demand for older industrial buildings wards off redevelopment.

Private Universities Plan for Reduction of Student Aid

Education: Cal Grant cuts in proposed state budget would result in savings of $300 million.

Proposed cuts on funding for private college students raises concerns

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Picture Growing Big for Replay XD’s Small Cameras

Tech: Sports enthusiasts, the YouTube generation drives sales of pocket camcorders.

Camera maker, ReplayXD releases new low- cost compact camera

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Valley Shoe Makers Aim to Win Over Fickle Consumers

Retail: Diverse selection and innovation now part of business plan to meet competition.

Valley shoe companies implement strategies to beat a challenging market

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Leading the Way Home

Liz Iversen, general manager of Northrop Grumman Navigation Systems, talks about budget cuts, gyroscopes, and working in a male-dominated industry.

PROFILE: Liz Iversen, general manager of Northrop Grumman Navigation Systems.

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Dignity Meets Debt

Account Control Technology and founder Dale Van Dellen use a humane approach to collecting on student loan defaults.

ENTREPRENEUR: Collection agency, Account Control Technology focuses on student loan market

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MGA Entertainment Supports Medical Research with Dolls

Hope: Van Nuys toymaker sending message of comfort to children undergoing treatment.

GIVING: This is a regular feature on philanthropic activities by Valley-area business people and companies.

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AROUND THE VALLEYS - February 20, 2012

News and notes from around the greater San Fernando Valley area

Motion Picture Television Fund Mends Industry Ties

Partners: Hospital joins with UCLA on inpatient unit for geriatric psychiatric patients.

HEALTH CARE Column by Judy Temes

Entertainment Partners Opens New Finance Division

Money: Burbank firm offers assistance to producers to get tax incentive funds earlier.

ENTERTAINMENT Column by Mark Madler

VALLEY STOCK WATCH - February 20, 2012

Stock activity for 50 selected greater San Fernando Valley-based public companies.

VALLEY BIZ SEEN - February 20, 2012

Photographs of recent business-related events in the valleys, including parties, awards dinners, benefits and other celebrations.

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SpaRitual to Hit Shelves at Sephora

BEAUTY: Van Nuys company expands sales channels to reach more consumers.

Nail company, SpaRitual, lands a deal with national retailer Sephora.

Glendale Site Sells for $18 M

DEAL: Target Corp. sells the 9.5 acre property amid cleanup efforts.

Target sells its 9.5 acre property in Glendale for $18 million.

ValleyCrest Hires CEO from Within

LEADERSHIP: Roger Zino rises to top of Calabasas company.

National landscaping company ValleyCrest names new CEO.