Joel Russell is editor of the Business Journal and is responsible for the content of the publication.
Phone: 818-316-3125 Extension: 116
The office building that hosts the headquarters of the Valley Economic Alliance in Van Nuys has sold for $7 million, according to brokerage CBRE Group.
The Retreat, 148-unit apartment complex in Santa Clarita, has sold for $54.1 million, according to Calabasas-based brokerage Marcus & Millichap Inc., which negotiated the sale.
Robert Mehrabian will resume the role of chief executive at Teledyne Technologies Inc. upon the retirement of current head Al Pichelli on Oct. 15.
Artificial intelligence firm Ferret in Calabasas has raised $4 million in a seed round of investment.
PS Business Parks Inc. in Glendale has paid $123 million to purchase Port America, a 717,735-square-foot multi-tenant industrial complex near Dallas.
Broker Tangles With Grizzly Bears
Real estate executive Ron Kassan is also a licensed fly-fishing guide in Alaska.
Walt Disney Co. has introduced a new mobile app to offer guests at its theme parks shorter wait times for a fee.
NetSol Technologies Inc., the maker of vehicle and equipment leasing software in Calabasas, plans to deploy its cloud-based NFS Ascent platform across the operations of Motorcycle Group, the Calabasas company announced.
Insurance Agent Goes on Medicare
Insurance agent Paul Davis seeks donations for San Fernando Valley nonprofit.