San Fernando Valley Business Journal

Immigration Scammer Convicted

Los Angeles City Attorney Mike Feuer on Friday announced that his office has convicted Gloria Dora Saucedo and her Panorama City business for illegally practicing law and providing paralegal services.

NoHo Portfolio Sold for $7 Million

A mixed-use retail and office center in North Hollywood has changed hands for $7 million, according to Calabasas commercial real estate brokerage Marcus & Millichap Inc.

Demolition Begins at Aerojet Rocketdyne Plant

Destruction of the 46-acre Aerojet Rocketdyne plant in Canoga Park started this week, with work expected to last up to a year.

Valley Condo Prices Rise 13 Percent

Rising condominium prices in the San Fernando Valley outpaced those of single-family homes in July, according to the Southland Regional Association of Realtors Inc.

Great American to Liquidate Australian Home Improvement Stores

Great American Group has secured an agreement to manage the closure of Masters Home Improvement Stores in Australia.

Business Events Calendar

Business Events throughout the Valleys.

FDA Rejects Amgen’s Parsabiv

Amgen Inc.’s application seeking approval for its drug Parsabiv has been rejected by the U.S. Food and Drug Administration, the company announced Thursday.

Interlink Names CFO

Interlink Electronics Inc. has named David S. Burnett as chief finance officer for the manufacturing company.Interlink Names New CFO

Simulations Plus Releases New Analysis Software

Simulations Plus Inc. on Thursday announced the launch of its version 1.0 PKPlus software, which is used to analyze preclinical and clinical trial data.

Bayless Manufacturing Sells Valencia Buildings for $12 Million

Two Valencia industrial buildings occupied by Bayless Manufacturing Inc. have sold for about $12 million, according to L.A. commercial real estate brokerage CBRE Group Inc.

Cherokee Launches Brand in Czech Republic

Cherokee Global Brands announced Wednesday the launch of Cherokee-branded apparel and accessories at 80 stores in the Czech Republic.

Kennedy Wilson Pays $81 Million for CSU Channel Islands Apartments

University Glen, a multifamily housing complex next to California State University Channel Islands in Camarillo, has been bought for $81 million by Kennedy Wilson, the Beverly Hills real estate investment company announced.

Comcast Completes DreamWorks Takeover

Comcast Corp. closed on its deal to acquire DreamWorks Animation SKG Inc. on Monday, the final day of trading for DreamWorks shares on the Nasdaq.

Real Industry CEO Steps Down, Shares Fall

Craig Bouchard has stepped down as chief executive and chairman of Real Industry Inc., it was announced Monday.

Chick-fil-A to Open in West Hills

The former site of Orchard Supply Hardware in West Hills will become home to a new Chick-fil-A restaurant, according to an official from the West Hills Neighborhood Council.

Marcus & Millichap Announces Valley Sales Worth $6 Million

Calabasas commercial real estate brokerage Marcus & Millichap Inc. said it has recently arranged several apartment and retail space deals in the Valley this month.

Capstone Renews Russian Distributor Deal

Capstone Turbine Corp. has signed a new three-year agreement with BPC Engineering to distribute its microturbines in Russia and Belarus.

Rocket Engine Fired Up in Milestone Test

Aerojet Rocketdyne on Thursday test-fired its RS-25 rocket engine that will be used on the Space Launch System, the new heavy-lift rocket NASA has under development to power future manned missions to the moon and possibly to Mars.

Preview: Thousand Oaks Wants a Downtown with Nightlife

Suburban Thousand Oaks may never be confused for the Third Street Promenade in Santa Monica or even downtown Glendale. But the city is taking action to make a three-mile stretch of Thousand Oaks Boulevard more like those places.

Preview: Rehab Recovers After Tragedy

Robert Pfeifer, founder of drug and alcohol rehabilitation center Sober College, unexpectedly died of a heart attack, leaving his wife and co-founder Mindi Levins Pfeifer to decide the fate of their business.

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