Local investors just closed escrow on the purchase of the familiar Railroad Avenue building in Santa Clarita that housed Newhall Lumber for 32 years.
While the June unemployment rate in Santa Clarita crept up to 5 percent from 4.8 percent in May, the year-over-year rate for June fell a full 1.3 percent from last year's numbers, officials said Friday.
Santa Clara Valley Bank has agreed to a sale agreement in the amount of $15.3 million.
While surveys of 75 companies in the Santa Clarita Valley revealed that most are in a growth mode, nearly half of those businesses also cited the need for improved Internet speeds to set the stage for future growth.
As recovery continues in the industrial real estate space, several new projects are finally set to come on line with construction beginning as early as this year.
There are a lot more tenants chasing a lot fewer deals in the Santa Clarita Valley retail space, according to John Cserkuti, senior vice president with NAI Capital.
The inventory of available office space in the Santa Clarita Valley has shrunk dramatically within the last three years, according to Ryan House, vice president with Jones Lang LaSalle.
Hedman Partners' success can probably be counted by the number of firms it has helped to become successful.
Film permits issued by Santa Clarita were up 44 percent during fiscal year 2013-14, marking the fourth consecutive year of increased filming in the city, officials said Wednesday.
California released the final list of companies selected for the first allocation of tax credits under the Governor's 'California Competes' program.
The makers of an affordable CNC - Computer Numerical Control - machine for hobbyists found themselves with a landslide victory when they turned to the Kickstarter crowdfunding site to raise $10,000 to launch their idea.
The Valencia Country Club in Santa Clarita is part of a collection of 48 properties that have entered into a sale agreement between the seller, CNL Lifestyle Properties Inc. and the buyer, CF Arcis X LLC.
After unemployment in Santa Clarita plunged in April to 4.6 percent, the rate rose slightly to 4.8 percent in May, California's Employment Development Department reported Friday.
Valencia Studios on Avenue Hall has been put up for sale.
Sales of single-family homes in the Santa Clarita Valley remained steady in May, while sales slowed in the San Fernando Valley, according to a report released by the Southland Regional Association of Realtors.
Santa Clarita's jobless rate fell to 4.7 percent in September, down from 5.9 percent a year ago.
Three more movie ranches have been added to the city of Santa Clarita's special Movie Ranch Overlay Zone, which is designed to boost local filming.
Lance Lerman, co-owner of LsL Instruments didn't intend to move his company to Santa Clarita until his co-owner and wife, Lisa, forced him to look at a building in the area.
Expanding in 2008, the owners of Italian restaurant Bella Cucina moved to the wrong location, at the wrong time, nearly sinking the family owned and operated eatery.
Expert: John Cskerkuti, Senior Vice President, NAI Capital
As interior designer Emily Rubin worked with her Valencia clients to design a new kitchen, high-end appliances were a priority for the homeowners' who loved to cook and entertain in their home. They wanted all the bells and whistles.
The city of Santa Clarita moved up to 21st place in the 2014 California Retail Survey "Top 100 Retail Markets of California Cities." More important for the local economy, it was one of only 29 cities with a retail market above $2 billion.
A group of 7-Eleven franchise owners in California filed suit against the convenience store chain alleging the company is targeting franchise owners who are South Asian immigrants with the intent of taking their stores away to re-sell the franchises at higher rates. The practice, claims The Franchise Owner's Association of Greater Los Angeles, amounts to racial discrimination and civil rights violations.
It was already 94 degrees by 10 a.m. in Santa Clarita when the cast and crew of NCIS Los Angeles were well into filming.
Taking advantage of panoramic view lots in Plum Canyon, KB Home has built a series of large move-up or executive level homes at its latest Canyon Crest and Canyon Heights neighborhoods in Santa Clarita. More than the design, however, these homes help to protect precious resources.
Among the bills awaiting Gov. Jerry Brown's signature to become law is one aimed at protecting a growing class of California workers - temporary hires.
As film flight continued between 2004 and 2012, the film industry lost more than 16,000 jobs according the latest report by the Milken Institute. These aren't just any jobs either. They're high-paying middle class jobs with wages that can average $98,500 per person – jobs that contribute to the state revenues and provide sustainable incomes that allow the workers to spend that money in their local communities.
As the historic downtown Old Town Newhall district continues to undergo a renaissance, some of the retailers in the business district have used filming to supplement the bottom line, produce income for vacant buildings or fund charitable efforts in giving back to the community.
The city's Film Incentive Program was put in place in 2009 to "drive economic activity" in Santa Clarita. We asked Jason Crawford, economic development manager and overseeing the city's film office, what exactly does that mean?
Providing expedited permit processing and notably lower permit fees than neighboring cities, the city of Santa Clarita is readying to expand the number of ranches it includes it includes in its Movie Ranch Overlay Zone.