SFV BUSINESS JOURNAL DAILY NEWS

Soundstage Company Signs $7.7 Million Lease in Valencia

Entertainment industry provider Triscenic Production Services Inc. has leased an industrial building in Valencia for $7.7 million, according to an announcement by real estate brokerage firm CBRE.

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Thousand Oaks to Incorporate Former Taco Bell Site in Civic Arts Plaza

Earlier this month, the city of Thousand Oaks City Council decided to incorporate a block that includes the city’s first Taco Bell outlet into the upcoming redevelopment of Thousand Oaks Civic Arts Plaza.

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Europe Gives Amgen’s Blincyto Expanded Indication

The European Commission has approved an expanded indication for Amgen Inc.’s Blincyto, a drug to treat acute lymphoblastic leukemia.

Cal Lutheran Economic Center Joins Wall Street Journal Survey

The Center for Economic Research and Forecasting at California Lutheran University has joined as a contributor to the Wall Street Journal’s Economic Forecasting Survey.

Business Events Calendar

Business Events throughout the Valleys.

Ventura County Collaborative Discusses Business Resiliency at Annual Meeting

The Economic Development Collaborative Ventura County convened last week for its annual meeting to discuss “Business Resiliency: Thriving in Seasons of Disruption.”

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Developer Secures $190 Million for 480-Unit Apartment Project in Santa Clarita

Multifamily developer Jefferson Properties Inc. has obtained construction financing of $190 million to build Jefferson Vista Canyon, a massive apartment complex project underway in Santa Clarita.

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B. Riley Subsidiary Liquidates Gymboree Stores

Great American Group LLC, a subsidiary of Woodland Hills-based B. Riley Financial Inc., has begun liquidation sales at all 798 Gymboree and Crazy 8 stores in the U.S. and Canada.

Valley Multifamily Portfolio Sells for $29.5 Million

Real estate brokerage Marcus & Millichap has completed negotiations on the $29.5 million sale of an apartment portfolio with nine separate properties in the San Fernando Valley.

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$35 Million Four-Property Sale Includes Northridge Retail Site

Weiss Development has sold a four-property retail portfolio with sites in Northridge and in Torrance for a combined $35 million to an undisclosed buyer.

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Former State Treasurer John Chiang Joins ApolloMed Board

Former state treasurer John Chiang has joined the board of Apollo Medical Holdings, an integrated population health management company in Glendale.

Preview: Marijuana Woes

On both the retail and real estate fronts, operations hit snags.

Preview: Secrets Stolen From Semtech?

TECHNOLOGY: Dispute clouds future for wireless initiative.

Van Nuys Airport Launches Alternative Jet Fuels

Aviation professionals gathered Thursday at the Airtel Plaza Hotel in Van Nuys to hear about the benefits of alternative jet fuel.

Santa Clarita Studios Leases Warehouse in Valencia

Santa Clarita Studios has leased a 109,379-square-foot warehouse in Valencia for seven years, according to an announcement from CBRE, which handled the transaction.

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West Hills Office Campus Sells for $160 Million

In one of the San Fernando Valley’s largest commercial real estate deals in recent memory, Kennedy Wilson has purchased an 80-acre West Hills office campus for $160 million.

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Daily News Owner Bids for Ventura County Star Publisher

Hedge fund-backed media company MNG Enterprises Inc., which owns the Los Angeles Daily News, has made an unsolicited bid for Ventura County Star publisher Gannett Co.

Kids Empire Expanding into Woodland Hills

Kids Empire, a children’s indoor playground, has signed a 5-year lease for 10,141 square feet of retail space in the Warner Center area.

Film Activity Up a Bit in 2018

Double-digit growth in on-location film, television dramas and pilots contributed to a modest overall increase in filming production last year, according to figures released Wednesday by FilmL.A.

Avery Dennison Aids in Funding Semiconductor Company

Avery Dennison, the Glendale company known for its RFID or radio frequency identification tags, is one of three businesses to raise an additional $30 million in Series B funding for Wiliot, an Israel-based semiconductor company that is innovating a similar product.

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