San Fernando Valley Business Journal


SPECIAL REPORT: Camarillo Rising

The bedroom community in the middle of Ventura County is about to get a lot more bedrooms — and that’s attracting attention from retail and commercial developers.A new freeway exit and land use changes in Camarillo puts the bedroom community in developers’ crosshairs.

By Carol Lawrence May 2, 2016 midnight   $$ Share

Health System Touts Benefits From Dropping Insurers

INSURANCE: Adventist Health’s plan draws attention of other companies.

Adventist Health develops self-provided plan that could save companies on premiums.

Toymaker Links To Connectivity

MANUFACTURING: Spiral’s app puts new spin on piggy banks.

Former Disney executive’s wireless toy startup attracts venture capital.

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Restaurant Fills Plate With Tech

DINING: Cheesecake Factory sees mobile as recipe for success.

New mobile app adds icing to Cheesecake Factory’s foray into technology.

Fancy Rehab Helps Dogs After Surgery

K9 Gym caters to pet owners with penchant for trendy treatments.

There’s doggie daycare, dog parks and dog bakeries – so why not doggie rehab? K9 Gym and Rehabilitation Center helps post-surgery pups.

Glass Hospital Rises from Kuwaiti Sand

Chatsworth company ships 5,000 panels to cover exterior.

Contract for Kuwaiti hospital helps Chatsworth glass maker recover from hard times.

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High-Tech Timecards Foil Slackers

Devices with GPS and cameras ensure employee punctuality.

Thinking about fudging hours at work? ExakTime’s new app and software uses phone GPS and cameras to keep hourly workers honest.

The Number

A lack of omnichannel-ness may have driven closing of sporting goods stores.

Radio Money Talks

Salem Media hopes to give online financial advice to its on-air audience of Christians and conservatives.

Salem Media Group expands by offering its audience financial advice.

Simulations Plus Prospers With Diversification

BIOTECH: Company moves from software licensing to project consulting.

Simulations Plus moves beyond software to consulting and customized programming.

Space Shuttle Tank Gets Treatment for Big Trip

AEROSPACE: Movie scenery firm helps in delivery to California Science Center.

At the height of a 15-story building and 66,000 pounds, the Space Shuttle’s fuel tank requires the finesse of a Sun Valley company to travel to L.A.

Failure to Specialize Behind Sport Chalet Closure

RETAIL: Originally a tennis and ski shop, the chain will shutter in bankruptcy.

With consumers growing increasingly health conscious, sporting goods are in high demand. But it seems some retailers still aren’t making the cut.

Insurers Prepare for Influx of Medi-Cal Children

HEALTH CARE: New law extends benefits to 60,000 kids in L.A. County.

Senate Bill 75 went into effect May 1, providing full scope Medi-Cal coverage to children under the age of 19 regardless of immigration status.

Pot Market Makes Manufacturer Light Headed

AGRICULTURE: Marijuana growers can control crop with LED systems.

With the U.S. cannabis market estimated to grow to $22 billion in four years, the duo behind California Lightworks has bet some of that money will come their way.

SPECIAL REPORT: Valley Sellers Struggle to Reinvest Cash Profits

Out of roughly 109 million square feet of inventory in the San Fernando Valley’s industrial landscape, only about 1.4 million square feet, or 1.3 percent, are vacant, according to data gathered by Colliers International in Los Angeles.

SPECIAL REPORT: Entertainment Tenants Shrink Vacancy in Burbank

Both Burbank and Glendale saw an uptick in office investments in the first quarter.

SPECIAL REPORT: ‘No Up Leg’ For Buyers Looking in Conejo Valley

If investors think they can turn to the Conejo Valley or the combined Simi Valley/Moorpark market for industrial buildings to put their cash into after selling something else, they better think again.

SPECIAL REPORT: Lease Rates Continue to Climb in Santa Clarita

Demand for Santa Clarita Valley commercial real estate was relatively high in the first quarter, mostly because of a lack of inventory in the submarket.

SPECIAL REPORT: Industrial Tightens, Office Loosens in High Desert

The industrial market in the Antelope Valley continued to show strength in the first quarter as rental prices remained high and the vacancy rate low.

Around the Valleys

News and notes from the greater San Fernando Valley

California State University Channel Islands and its communications program launched a student-run Internet radio station that will teach students the basics of running a radio station.


Calendar of events

City Mandates Come With a Cost

Valley Industry and Commerce Association: Employer mandates to help employees may hurt in the long run.

Developer Buys Into Mall’s Rebirth

REAL ESTATE: Primestor to sink $30 million into renovation plan.

Remodeling Mission Hills Plaza could tap millions of consumer dollars while saving on construction costs.

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Feeling Heat

Eatery cooks up new roles for staff amid wage hikes

Encino restaurant cuts wait staff to mitigate rising labor costs.

Premium Placed on Insurer’s HQ

INSURANCE: Centene must nurture Health Net’s future in California.

The impact of Health Net’s conditional acquisition on the local economy.