Sector
Moorpark Industrial Sales Highlight Strong Sector
Two separate industrial properties recently changed hands in Moorpark, as the area continues to be a magnet for investors seeking stable properties with a strong tenant base. The Westlake Village-based branch of commercial real estate brokerage firm Lee & Associates managed the sale of both fully occupied independent assets, which totaled more than $20 million. […]
4 mins read
Farmers Lays Off 369 at HQ as Sector Retrenches
The recent decision by Farmers Insurance to cut 11% of its workforce may have been a shock to those who were handed pink slips. For those who follow insurance from the outside, it was probably a long time coming for the increasingly challenged industry. The Woodland Hills-based insurance giant said it was responding to the current state […]
7 mins read