SCV Business Journal February 2020

S A N TA C L A R I TA VA L L E Y

BUSINESS JOURNAL

The Official Publication of the Santa Clarita Valley Chamber of Commerce

FEBRUARY 2020 | VOL. 12 | NO. 2 | SCVBJ.COM

THE SCV BAR CELEBRATES 15 YEARS

From the Experts:

8

THE LIST:THE SCV’S TOP LAWYERS, FIRMS

27

A FEBRUARY TO-DO LIST FOR BUSINESS OWNERS

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F E B R UA RY 2020

C O N T E N T S SPOTLIGHTS

NEW YEAR NEW TEAM MEYER KLEIN GROUP

We’re excited to announce the addition of veteran Thrivent Financial Professional Casey Klein to our team and the formation of the Meyer Klein Group of Thrivent Financial.

Casey is an 11-year veteran of Thrivent and a lifelong resident of Santa Clarita. We’re looking foward to you working with Casey, and we know that his experience and knowledge of the Santa Clarita Valley will give our team the ability to serve even more people.

Jeff, Melanie and Casey Financial Professionals

28368 Constellation Rd., Ste. 398, Valencia, CA 91355 O 661.799.0230 F 877.206.2358 meyerkleingroup@thrivent.com

6

Four Questions: Daniel Castillo, Gold Coast Law

8

Casey Klein joins Meyer team

10

From the SCV Chamber of Commerce

NEWS & FEATURES 4

SCV Bar Association celebrates 15 years

6

Taylor Williams discusses outlook for 2020

22

Musella invited to join Forbes Council

SCV BUSINESS VOICES 3

Marc Salata, Green Convergence

5

Patrick Moody, Henry Mayo Newhall Hospital

7

Jaion Chung, Poole Shaffery & Koegle

9

Ryan Roques, Mission Valley Bank

19

Holly Schroeder, SCV Economic Development Corp.

21

Dr. Kevin Bolder, Audiology Associates

FROM THE EXPERTS 18

SCVEDC: Econowatch

22

Paul Butler: when tragedy strikes

27

Ken Keller: your February checklist

THE LISTS 8

Largest law firms

16

Solo practitioners

February 2020 | Vol. 12 | No. 2

• UCLA Graduate.

• Civil Litigator for 5 years prior to becoming Deputy District

Attorney.

• Currently assigned to the Sex Crimes Division.

• Rated “Well Qualifed” by the Los Angeles County Bar Association.

• Endorsed by over 40 judges and well respected by peers and opposing counsels.

VOTE MARCH 3RD

Scott Yang For Judge Seat 162 Paid for by Scott Yang for Judge 2020. PFFC # 1422160

EDITORIAL

EXECUTIVE STAFF

EDITOR Perry Smith psmith@signalscv.com 661-287-5599

PUBLISHER Richard Budman rbudman@signalscv.com 661-287-5501

ADVERTISING

ART/PRODUCTION

ADVERTISING SALES MANAGER Yolanda Hall

PRODUCTION MANAGER Doña Uhrig

MULTIMEDIA ACCOUNT EXECUTIVES Leslie Bartley, Maureen Daniels, Shannon Sarabia, Toni Sims

PHOTOGRAPHERS Bobby Block, Gilbert Bernal, Dan Watson

A Proud publication of 100 YEARS

SignalSCV. com Santa Clarita Valley Business Journal (a Signal publication), © 2019, is published monthly by the Santa Clarita Valley Signal newspaper, Paladin Multi-Media Group, Inc., 26330 Diamond Place, Santa Clarita, CA 91350. The SCV Business Journal is intended to provide business executives with a cross-section of industry news and information, trends and statistics that impact our growing community. Information gathered in the pages of the SCV Business Journal has been collected from what are considered reliable sources, and is believed to be accurate, but cannot be guaranteed. Articles may not be reprinted without publisher’s written permission. For reprint requests, please call 661-259-1234.

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F E B R UA RY 2020

SCV BUSINESS VOICES

BIG CHANGES MAKE 2020 THE YEAR TO GO SOLAR

BY MARC SALATA

Director of Marketing, Green Convergence

S

o, the neighbors have gotten solar, and you’re still wondering whether it’s right for you? It’s time to have a conversation with an experienced solar consultant, because big changes are coming.

Solar is more affordable thanks to a government rebate program called the Investment Tax Credit, or ITC. From 2015-19, 30% of the cost of your solar installation came back as a rebate on the following year’s taxes, even on financed systems. This year, the ITC is stepping down 4%, and will continue to drop in 2021, before expiring completely for residential customers.

With this reduction, every solar installer is going to see a mad rush of customers wanting systems installed before the end

of the year. Because of permitting, utility approval and other factors, the installation window can take 45-60 days. If you want to be sure to get the full rebate, you should be talking to an experienced solar dealer/installer as soon as possible.

But it’s winter — you’re not using your air conditioning. The pool pump is barely on. The kids are at school during the day, and not at home using electricity like it’s free. Why should you worry about this now?

Because now is the time to

rack up electricity credits. The sun is shining most days, generating more electricity than you will use. This effectively makes your electric meter run backwards. You can head into summer with credits in your account and be prepared for the high summer bills before they come.

But how do you know what solar installer to pick?

The panels are only part of the equation. Be sure to look closely at who will be putting them on your most treasured asset — your home. A reputable solar

dealer like Valencia’s SunPower

by Green Convergence will work with you to customize a solar array that meets your usage patterns and the uniqueness of your home. You should also make sure your installer uses licensed electricians and roofing experts.

Professionals with expertise in these areas can move vent pipes so you don’t have a checkerboard pattern of panels. They can run conduit through your attic, so it doesn’t add unsightly pipes along the roof. They can talk to you about special roof types like Spanish tile or standing seem metal. They can keep your home looking beautiful while you save money.

For more information, visit greenconvergence.com or call (661) 294-9495.

and Solar Solutions Grace Baptist Church

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F E B R UA RY 2020

SCV BAR REFLECTS BACK, LOOKS AHEAD

BY EMILY ALVARENGA Signal Staff Writer

T

hough Nov. 14 began like any other day, it would soon become unforgettable for the Santa Clarita Valley.

This seemed to be the theme at the Santa Clarita Valley Bar Association’s 15th anniversary Awards & Installation Gala on Dec. 11, as it was also the day the gala had originally been scheduled for.

After the Saugus High School shooting, plans quickly changed and the event was rescheduled, but the Bar Association did not let that day go unrecognized.

Instead, the organization took the opportunity to recognize three men who went above went above and beyond the call of duty on Nov. 14, according to Jeffrey Armendariz, the group’s community outreach chair.

“That morning started out much like many mornings for most of us, but for three veteran law enforcement officers, the day quickly evolved into something much more than routine,” he said, referring to Detective Daniel Finn of the Los Angeles Sheriff’s Department, Officer Gus Ramirez of the Los Angeles Police Department, and Officer Sean Yanez of the Inglewood Police Department, the off-duty officers who were among the first on scene at Saugus.

Finn, Yanez and Ramirez were in attendance at the gala as special

The Santa Clarita Valley Bar Association held an awards gala at the Oaks Club in Valencia Wednesday night that featured a toy drive and a ceremony to honor the first responders. PHOTOS BY BOBBY BLOCK / THE SIGNAL guests, as Armendariz recounted the events of Nov. 14.

“With all three exemplifying textbook interagency training and cooperation and providing, I’m certain, something very precious to this badly hurt and students — human comfort and tenderness,” Armendariz said.

He went on to name each of the first responders and law enforcement agencies who arrived at

Bar Association members also reflected on the organization’s growth over the last 15 years during their annual awards gala.

Saugus, minutes after the incident.

“In many cases, these first responders were dispatched to Saugus High School, but in the majority of these cases, these officers, like (Detective Dan) Finn, (Officer Sean) Yanez and (Officer Gus) Ramirez, were self-dispatch and committed to preserving the safety of all Saugus students,” Armendariz added.

Commissioner Jeffrey Harkavy of the Los Angeles Superior Court said he was talking with Ramirez, who said something that struck him.

“He said, Wa large town, but we’re a small community,’ and we saw evidence of how small and how closely connected we are back on Nov. 14,” Harkavy said.

The theme remained as the gala proceeded with its regular schedule, recognizing past presidents, honoring the outgoing board, installing the new board and presenting the evening’s awards, such as the Lawyer of the Year award, which went to Mark Young of Donahoe & Young and the President’s Award.

“The President’s Award this year is very unique because it’s going to be given to a nonlawyer, somebody who has nothing to do with the legal profession quite frankly, and that is our superintendent for the William S. Hart (Union High School) District Vicki Engbrecht,” Armendariz said.

“The award was intended to be awarded to her on Nov. 14, the date of the tragic events at Saugus High School, and certainly, her day was a very different day as much as it was for our officers here tonight.”

Though Engbrecht, who worked closely with the Bar for its annual high school and eighth-grade speech competitions, was not in attendance to receive the award, Armendariz noted that she will be retiring after 40 years in education. “We will certainly be losing someone of great stature and who’s truly committed to the district and to the Santa Clarita Valley community.”

Also of note was another event that occurred on Nov. 14.

“I’m pleased to tell you, on Nov. 14 — that day we were supposed to meet — the Judicial Council met and they approved the prioritization list of the projects that will be funded over time,” Harkavy said.

“Two courthouses in L.A. County were designated as immediate need, and at the top was Santa Clarita.”

“Even though the Santa Clarita Valley has grown tremendously and this association has grown, we’ve gone from four courtrooms to three,” he also said.

The proposed courthouse would turn those three courtrooms into 24.

“I can’t tell you when this would happen, but I believe there has been some progress in getting a courthouse that is worthy of all of you, and worthy of the clients and all the causes that you serve,” he added.

Immediate past-president Claudia McDowell took some time to recognize the Bar’s anniversary.

“In 2004, the (SCV) Bar Association started as a junior varsity to the San Fernando Valley Bar because we didn’t have enough members, and over the years, it has grown and we’ve become our own Bar Association,” McDowell said.

Harkavy agreed, adding, “We refer to you as judges’ partners for reason, because it is a collaborative effort.

We all have responsibilities, we all have our duties to perform, but there’s a common goal and a common mission. And that is to serve the members of our community with regards to their legal needs in a fair, efficient manner as possible and all of you are instrumental in fulfilling that mission.”

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F E B R UA RY 2020

SCV BUSINESS VOICES

HOW TO PROTECT YOURSELF FROM HEART DISEASE PATRICK MOODY

T

Spokesman for Henry Mayo Newhall Hospital

raditionally the month for lovers and all things heart related, February also reminds us to take care of our heart. It is American Heart Month.

Below are two steps that can help you avoid heart disease, our nation’s leading killer:

Step 1: Learn your risk factors: The more risk factors you have, the greater your risk for heart disease.

Major risk factors for heart disease include: Heredity. If one or both of your parents have had heart disease, you are more likely to develop it, too.

Gender. More men than women have heart attacks, and they have them at an earlier age.

Age. Most people who die of heart disease are older than 65.

Smoking. According to the American Heart Association (AHA), people who smoke greatly increase their risk of heart disease.

High blood pressure. Also known as hypertension, this condition forces the heart to work harder than it normally has to work to pump blood.

High blood cholesterol. High levels of LDL cholesterol can increase your risk for heart disease.

Extra body weight. Being overweight or obese puts extra strain on the heart.

Diabetes. At least 68% of people 65 or older with diabetes die from some form of heart disease, and 16% die of stroke, according to the AHA. Step 2: Reduce your risk: Stop smoking. Quitting dramatically reduces the risk of a heart attack, and it reduces the risk of a second heart attack in people who already had one.

Your doctor can help you quit.

Fight high blood pressure.

To lower your blood pressure, reduce the amount of salt

(sodium) in your diet, avoid alcohol, lose weight if you’re overweight and increase your physical activity level.

Control your cholesterol. Work with your doctor to get your cholesterol to a healthy level.

Lifestyle changes and medicines can usually help.

Watch your weight. Balance

the calories you eat with your level of physical activity.

Get moving. The AHA recommends at least 30 minutes of aerobic exercise on most days of the week to promote heart fitness.

See your doctor before you begin an exercise program if you have a heart condition, have had

Healthcare Reaches New Heights

a stroke or have another medical condition that might require special attention.

Patrick Moody is the director of marketing and public relations at Henry Mayo Newhall Hospital.

For more information about local community health programs, visit HenryMayo.com.

Our new patient tower is helping us elevate the care we provide throughout our hospital. The tower has all private rooms, a new Center for Women and Newborns, and two surgical suites. We’ve expanded our diagnostic laboratory, built and installed a new expanded kitchen to upgrade our dining options. It all adds up to a whole new level of care are Henry Mayo.

henrymayo.com/newheights

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F E B R UA RY 2020

FOUR QUESTIONS

DANIEL CASTILLO

PHOTO COURTESY DONAHOE & YOUNG LLP 1. Tell us a little bit about what makes Gold Coast Law unique as a personal injury law firm?

Unlike many other personal injury law

Attorney Daniel Castillo of Gold Coast Law represents individuals in lawsuits who have been injured or harmed by others. The personal injury law firm has helped hundreds of clients obtain millions of dollars in recovery for injuries they sustained in auto accidents, motorcycle collisions, hit and run crashes, truck accidents, slip and falls, pedestrian versus auto accidents and wrongful deaths, according to its website. For more information, visit GoldCoastLaw.com. firms, we give each client and case the personal attention they need and deserve. When you ask to discuss the merits of your case, you actually get to speak with your attorney directly, not their assistant or paralegal. If your attorney is at court or out of the office, they promptly return your calls. Or if you prefer, you can always communicate directly with your attorney via email. Gold Coast Law takes pride in a long history of happy clients who have been carefully guided through the difficult process of seeking compensation for injuries caused by the carelessness of another.

2. What inspired you into the practice of law?

At Gold Coast Law, we have a true passion for helping injury victims receive their full compensation. Unlike other areas of law, which require the client to pay large upfront legal fees and/ or hourly charges, we do not charge our clients anything upfront. We only get paid when we win your case. This allows us to help any injury victim regardless of their wealth or economic status. We believe that everyone deserves the best legal representation available.

3. There are so many shows that focus on the practice of law, as an attorney, is there one that you particularly enjoy?

It is difficult to accurately portray a real personal injury law practice on television, due to the sensitive information involved and an attorney’s duty to keep their client’s information confidential. At Gold Coast Law, we take that duty very seriously. When you hire us, you can trust that your private information will be carefully guarded.

4. What’s a bit of advice you’d give to someone who’s trying to figure out which attorney is right for their case?

There are many large firms who practice various areas of law. You don’t want to be lost as one of thousands of others and just become another file number.

At Gold Coast Law, we focus exclusively on personal injury cases and we strive to give each client the personal attention they need.

A NEW PRESIDENT FOR THE SCV BAR ASSOCIATION people I have to refer that person

BY EMILY ALVARENGA Signal Staff Writer

A

s a lawyer, no two days are the same, which is exactly why Taylor F. Williams, a partner at Donahoe & Young LLP, loves her job as much as she does.

“I really like not sitting behind my desk every day — every day is different,” she said.

It’s no surprise that Williams also enjoys getting out into the community and meeting people, which also explains why she’s looking forward to her new position as the president of the Santa Clarita Valley Bar Association.

“One thing I hope is that I can really connect to the community,” she said regarding her role.

Williams worked for a small firm before joining Donahoe & Young in September of 2012, where she now primarily does probate and trust litigation, as well as real estate litigation.

Though being a part of the SCV Bar Association was not a decision she made on her own, it didn’t take long for Williams to realize the benefits.

to, the more likely that person will Taylor F. Williams, a partner at Donahoe & Young LLP, has steadily grown her involvement in the SCV Bar Association of the last few years, and was recently named president.

PHOTO COURTESY DONAHOE & YOUNG

get help.”

In addition to the association’s annual toy drive and speech competitions, in which the winners are awarded scholarships, they also do a backpack drive. “It’s not only for little kids, but College of the Can-

“Donahoe & Young are pretty adamant that all their lawyers are members, so when I joined, I really didn’t have a choice, but as time went on, I came to find out it’s actually great to meet people and network,” she said.

Once she found herself on the board, it quickly began the ball rolling toward her term as president.

After spending about three years as a member-at-large, she became secretary, then president-elect.

“She’s young and she’s energetic, but she’s really a wonderful lawyer and just a great person,” immediate past-president Claudia McDowell said. “She has a lot of vision for the Bar Association, and the Bar is now 15 years old, and the founding

members are getting ready to retire; so it’s nice to have some new blood who can carry the on growing the organization.”

Now, Williams will spend the next two years as president of the association, where she — similarly to that of past presidents — hopes to continue to find new ways to help the community and increase membership.

“We’re always trying to find a way to help those less fortunate in the community with community outreach programs, but also by helping people that can’t necessarily afford an attorney as easily,” she said, adding that she hopes to give them access to more resources in the legal community. “The more

yons students too, where we give them a notebook, pens and backpack to carry them in.”

As the new year kicks off, Williams said she’s looking forward to the next two years.

“It’s always a running joke on who’s going to be president next, but it just made sense because I know everybody,” she said, adding that she’s made great friendships.

“But, I really just like the people on the Bar Association — we’re like a little family. It’s a small organization, but a tight-knit one.”

7

F E B R UA RY 2020

SCV BUSINESS VOICES

AN UPDATE ON AB 5, THE ABC TEST JAION CHUNG concern is that this new law may

Partner for Poole, have a chilling effect on ownerShaffery & operator’s ability to receive load Koegle assignments out of fear of being classified as an employee of the contracting entity. alifornia’s new worker clasHope is not lost as a federal sification law, Assembly judge recently issued a tempoBill 5, or AB 5, may have profound impact on the trucking rary restraining order preventing California from enforcing it industry within the State. AB 5

C

codifies and expands upon the California Supreme Court case Dynamex Operations West, Inc. v. Superior Court (2018) 4 Cal.5th 903. Under Dynamex, and now AB 5, a contracted worker is presumed to be an employee unless the hiring entity can meet three factors, known as the ABC test.

Although AB 5 included a number of exempted professions (including lawyers, doctors, hair stylists, barbers, commercial fisherman, marketing professionals, fine artists and payment processing agents), owner-operator truck drivers was not included. Uncertainty in how they will be treated in the aftermath of this legislation may lead to a reduction of these small business operations within the State, which is vital in keeping the State’s commerce moving.

To overcome the employee status presumption, the ABC test requires the hiring entity to establish that the worker: (A) is free from the control and direction of the hiring entity in connection with the performance of the work, both under the contract for the performance of the work and in fact; and (B) performs work that is outside the usual course of the hiring entity’s business; and (C) is customarily engaged in an independently established trade, occupation, or business of the same nature as the work performed.

As for the trucking industry, factor B will likely be the most difficult hurdle to overcome for companies engaged in the business of trucking, transportation or logistics in establishing that an independent truck driver is performing work outside the usual course of the company’s business. Accordingly, a significant

against truck drivers. The order will remain in effect until the judge rules on a request for an injunction brought by the California Trucking Association.

In addition, although the law became effective as of Jan. 1, 2020, AB5 includes a retroactive effect. Consequently, business owners may become liable for

violations in the past, dating back three (and possibly four) years Jaion Chung is a partner in the Los Angeles and Orange county offices of Poole, Shaffery & Koegle, LLP. For more information on Poole Shaffery & Koegle, call 855997-7522, or visit pooleshaffery. com.

FOR YOUR MOST IMPORTANT TRANSACTIONS Business ownership agreements are vital for your business’ long-term viability. From providing clear terms of management, control and succession, to establishing a value for the company and preparing for life’s unexpected twists and turns — these agreements provide your company with an important foundation.

Call 661-290-2991 today to schedule your consultation!

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F E B R UA RY 2020

THE LIST: L ARGEST L AW F IRMS YEAR EST.

TOP LOCAL EXECUTIVE

CONTACT INFO

Retainer or hourly

1998

John Shaffery Managing Partner

25350 Magic Mountain Parkway, Suite 250 Santa Clarita, 91355 (661) 290-2991 www.pooleshaffery.com

10

Hourly

1992

James Reape Senior Managing Partner

25152 Springfield Ct., Ste 100 Valencia, 91355 (661) 288-1000 www.divorcedigest.com

7

3

Hourly

2015

Bob Crockett Owner

23929 Valencia Blvd., Suite 303 Valencia, 91355 (323) 487-1101 bobcrockettlaw.com

Bankruptcy, Estate Planning & Business Law

7

6

Depends

1999

Mark T. Young

25152 Springfield Ct., Suite 345 Valencia, 91355 (661) 259-9000 www.donahoeyoung.com

Owen Patterson and Owen

Personal Injury

7

13

Contingency

1977

Richard A. Patterson, Esq. / Susan Owen, Esq./ Greg Owen, Esq.

23822 W. Valencia Blvd., Suite 303, (661) 799-3899 www.opolaw.com

Law Offices of Bill J. Thompson

Civil Litigation & Business Law

5

5

Depends

Bill Thompson, Esq.

28212 Kelly Johnson Parkway, Suite 195 Valencia 91355 (661) 222-7964 www.billthompsonlawoffices.com

COMPANY

MAIN PRACTICE AREAS

# FULL-TIME COMPENSATION ATTORNEYS SUPPORT STAFF

Poole, Shaffery & Koegle, LLP

Business & Employment Law

20

38

ReapeRickett Law Firm

Family Law

12

Crockett & Associates

Business Litigation

Donahoe & Young LLP

CASEY KLEIN JOINS MEYER TEAM

V

eteran financial professional Casey Klein has joined Jeff and Melanie Meyer to create the Meyer Klein Group of Thrivent Financial.

Klein, a lifelong resident of Santa Clarita, has been in business with Thrivent for 11 years, and joins a

team with more than 50 years of combined experience in the financial services industry.

“We’re excited to be teaming with Casey,” said Melanie Meyer, CFP, CLU. “We love that Casey shares our values in providing clear, simple and meaningful guidance that is in

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the best interest of our clients.”

Klein is a graduate of Canyon High School and California State University, Northridge, with a degree in Business Administration. He and his wife, Jenna, are parents of two young children.

Thrivent is a not-for-profit, member-owned financial services organization, offering a broad range of financial products, services and guidance to help clients obtain a life of financial confidence and generosity.

Thrivent and its subsidiary and affiliate companies offer insurance, investments, banking and advice nationwide. Thrivent is a Fortune 500 company with $136 billion in assets under management/advisement.

The Meyer Klein Group is located at 28368 Constellation Road, Ste 398 in Valencia and also has an office in Glendale at 330 N Brand Blvd. They

Clockwise, from right, Melanie Meyer, Jeff Meyer and Casey Klein. PHOTO COURTESY MEYER KLEIN GROUP OF THRIVENT FINANCIAL can be reached at (661) 799-0230 or TEXT SKYBOX (818) 526-0230

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9

F E B R UA RY 2020

SCV BUSINESS VOICES

GROW YOUR BUSINESS IN 2020 RYAN ROQUES

W

Vice President, SBA Business Development at Mission Valley Bank

here do you want to take your business in 2020? If you’re a small business owner, now may be the time to consider financing as interest rates remain favorable.

Because financing programs are varied — and the qualifications for each are specific — take time to work with an experienced SBA Lender to understand how the programs work.

The SBA provides several financial assistance programs designed to meet key financing needs making it possible for qualified businesses to get the financing they need, often times with more flexible terms than conventional loan options. The most common and broad reaching are the Guaranteed Loan Programs, which facilitate debt financing.

SBA does not make loans directly. Rather, it sets guidelines for these loans, which are then made by lending partners. When a business applies for an SBA loan, it is applying for a commercial loan that is structured according to SBA requirements.

Note that SBA loan guaranty requirements and practices can change as the government alters fiscal policy and priorities to meet current economic conditions.

Qualifying for an SBA loan may be easier than qualifying for traditional forms of financing, as the SBA programs generally allow for a higher loan to value ratio, longer amortization periods, and may consider the projected income of the business and not just historical cash flows when making a credit decision. These factors can be extremely helpful, particularly to a rapidly growing company.

When purchasing, refinancing, or renovating commercial real estate, borrowers should take a close look at the SBA 7(a) Loan Program. This program offers borrowers up to 90% financing

for the purchase of owner/user (defined as a minimum of 51% of total occupancy) commercial real estate, fully amortized with no balloon payments.

With a maximum loan amount of $5,000,000 and terms up to 25 years, it could serve as a real solution to many borrowers.

SBA 7(a) loans can also be used

for acquiring fixed assets, such as heavy machinery or other equipment, restructuring current debt, working capital and in some cases can even be used to fund the acquisition of a new business.

Visit www.sba.gov or www.

MissionValleyBank.com to learn more.

Ryan Roques is Vice President of SBA Business Development at Mission Valley Bank, a locally-owned, full-service, independent, commercial bank with Preferred SBA Lender status serving the San Fernando and Santa Clarita Valleys. He can be reached at (310) 997-6001.

MissionValleyBank.com.

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Bank with a trusted source.

• Business Expansion • Working Capital • Business Debt Refinancing/Restructuring • Machinery and Equipment Purchases • Up to 90% Financing for Owner-User Commercial Real Estate Acquisition, Construction or Refinance

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Santa Clarita Valley Centre Pointe Business Banking Center 26415 Carl Boyer Drive, Santa Clarita 661.753.5693

South Bay Loan Production Office 21515 Hawthorne Blvd., Suite 211, Torrance 310.432.0290

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F E B R UA RY 2020

ABOUT

SA NTA CLAR ITA VAL LEY

Chamber of Commerce

The Santa Clarita Valley Chamber of Commerce is the largest business membership organization in the Santa Clarita Valley representing more than 65,000 member employees. The Chamber serves as “The Voice of Business,” working as the SCV’s leading business advocacy organization in the third largest city in the County of Los Angeles. Founded in 1923, the Chamber works to advocate for, educate and connect the business community.

I

A LETTER FROM THE CHAIR — MAKING THE COMMUNITY A BETTER PLACE

t is often said that “Small businesses are the backbone of our economy.”

That is never more evident than right here in Santa Clarita, the third largest City in the County of Los Angeles, and not to mention, our Chamber being in the top 15 Chambers out of 114 Chambers in Los Angeles County Our Valley has created a welcoming and prosperous environment for small, medium and large businesses alike to thrive, share and enjoy the benefits of a renowned community.

Your Chamber is an integral part of this enriched experience.

We ADVOCATE, EDUCATE and CONNECT through our networking, advocacy, promotion, education and innovation. We collaborate with public and private industries to ensure strengths for our local businesses.

We are so pleased to have taken a more active role in government advocacy to affect a more beneficial environment for our community. This past year, our Chamber was vital in policy making decisions to make sure recognized job killer bills were defeated and working towards a more business-friendly climate for our Valley. We have recently updated our 2020 Legislative Priorities and refurbished our Public Policy Pillars. Don’t forget to check them out on our website!

We have come together this year and we have made possibilities realities! With the partnerships we have forged, we have reached our community and touched so many more. Come join us—explore the possibilities! There is power in your membership!

Our Councils have revamped!

They have it possible for you to find your connections and make an impact. Our current Councils include: the Government Affairs Council (GAC), Latino Business Alliance (LBA), Small Business Council, NextSCV (A Young Professionals Council), our newly launched Non-Profit Council, and we’re excited to announce the launch of our Industry, Manufacturing and Technology Council. As a member of the Chamber, you have

the opportunity to be active in any of our Councils.

It is my sincere hope that you will become engaged and PROSPER through your membership to the Santa Clarita Valley Chamber of Commerce.

Let’s make our community a better place — TOGETHER! Onward!

Nancy Starczyk Chair of the Board, SCV Chamber of Commerce

S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 1 1

F E B R UA RY 2020

THE VOICE OF BUSINESS

MEMBERSHIP

ADVOCATE | EDUCATE | CONNECT

MEMBER SPOTLIGHTS AK PRINTING: YOUR LOCALLY OWNED FULLSERVICE PRINTER When it comes to the latest in printing innovation, AK has it all – even the ability to print full color direct to plexi-sheets. No job is too big or too small.

AK designs and produces menus, brochures, presentation packets, stickers, window clings, company newsletters, magazine publishing, company manuals, yard signs, business cards, invitations, vendor booth canopies, banners, table skirts and much more. AK can even do car wraps and building wraps! AK Printing & Design has all of your printing and promotional needs covered!

AK Printing owner and president, Aiden Khachi, and his wife, Linda, have lived in the Santa Clarita Valley for 16 years. They have a son, Tristan, who attends school in the SCV, excels in his studies and loves to play basketball.

When Khachi and his wife Linda moved here in 2004, they immediately fell in love with the Santa Clarita Valley community and how welcoming it is. It was soon after this, that Khachi started dreaming about opening his own printing business in the SCV. Khachi had co-owned a printing business in Beverly Hills for 16 years, prior to opening AK Printing.

Photo Courtesy Santa Clarita Valley Chamber of Commerce

Recently, AK Printing owner Aiden Khachi, left, expanded the AK Printing executive team and recruited long-time SCV resident Brad Lanfranco, right, as vice president of sales.

About 10 years ago, Khachi opened AK Printing in Santa Clarita in a small office on Lyons Avenue, across from Our Lady of Perpetual Help. Since then, Khachi has expanded multiple times to accommodate the steady increase in business and to invest in new printing technology.

This included purchasing multiple high-end quality commercial printing machines over the years and building an e-commerce website for AK Printing, allowing customers to completely design hundreds of their own products and have the products shipped direct to their home or

business. These technology investments enable the team at AK Printing to better serve their clients in and out of the Santa Clarita Valley.

Recently, Khachi expanded the AK Printing executive team and recruited long-time SCV resident, Brad Lanfranco, as vice president of sales.

Lanfranco moved to the SCV in 1992 after serving in the US Marine Corps.

Lanfranco and his wife Lea live in the SCV and have a daughter named Bailey.

SCV residents and business owners may already know Lanfranco in his capacity as a member of the Castaic Town Council.

Khachi and Lanfranco, who have been friends for many years, are very excited to be working together and in the position to help many of their local longtime friends who are also business owners or entrepreneurs. They understand it is a very competitive market, and everyone needs an edge when it comes to their printing and marketing needs. Their objective is to provide better products and superior service for their customers each day. AK Printing’s goal is to be there for its customers to help them grow and prosper.

Khachi says one of the things that set them apart

from other printing operations is that AK Printing & Design is not a third party broker. AK owns the machines, which makes their prices extremely competitive! Some of the machines that AK Printing owns can produce very unique and exclusive products that no one else can. In a rush?

AK can do same day and next day orders on many products.

AK Printing & Design would like to thank the SCV Chamber of Commerce for their dedication to the SCV business community and for this member spotlight opportunity! The Chamber does a fabulous job of bringing businesses together – and if you are not a member – you should be! A Chamber membership in the SCV is beneficial to any size business, not only because of the networking opportunities it presents, but also because they are champions of small businesses across the SCV! If you have any questions or need a quote, please feel free to contact Khachi or Lanfranco at AK Printing & Design. They can be reached at their office at 661-259-2212.

NEW MEMBERS: OUR CHAMBER FAMILY IS GROWING We would like to welcome the newest members to the SCV Chamber of Commerce.

Branded Translations www.brandedtranslations.com (818) 395-6350 Copper Canyon Dentistry www.scvsmiles.com (661) 417-0852 Fox Sake Beauty foxsakebeauty@yahoo.com

AppleOne Next Point Bearing Group www.appleone.com www.nextpointbearing.com (661) 912-0142 (818) 988-1880 Property Management Professionals, Flex ’n Burn LLC | www.pmprollc.com www.flexnburn.com (661) 295-4900 (833) 359-6276 California Spectrum Care Tycam Marketplace www.californiaspectrumcare.org www.tycammarketplace.com (661) 568-9051 (678) 568-9226

12 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L

SANTA CL AR ITA VALL EY

Chamber of Commerce

F E B R UA RY 2020

ADVOCACY

As the largest business membership organization in the Santa Clarita Valley, the SCV Chamber of Commerce is the Voice of Business. The Chamber actively advocates on behalf of our business community on important local, regional and statewide issues that have direct impacts on our local businesses.

Here’s a look at how the Chamber has been advocating for business this year: NEW 2020 BUSINESSRELATED LAWS In 2019, 1,625 bills were introduced in the California legislature with 1,042 bills reaching the Governor’s desk. 870 were signed and 172 were vetoed.

Thirty-two of these bills were identified as “Job Killer” bills. The SCV Chamber, with our pro-business coalition partners, were able to successfully stop 30 of them in the legislature.

Of the 870 signed bills, many will directly affect California employers this year. Significant bills, such as AB 5, will have drastic changes, while others are small but make important changes that businesses must be made aware of.

Businesses should plan to attend Poole, Shaffery & Koegle’s Employment Law Update Forum being presented by the SCV Chamber on Tuesday, February 4, 2020. Details at www.scvchamber.com.

Below is an overview of some of the new business-related laws that take effect in 2020: RECRUITING AND HIRING Assembly Bill 5: codifies and expands the “ABC test” that’s used to distinguish employees from independent contractors under the Industrial Welfare Commission Wage Orders. Under the ABC test, a worker is classified as an employee unless the employer can establish all three of the following: The worker is free from the hiring entity’s control and direction in connection with the performance of the work, both under the contract for the performance of the work and in actually performing the work; The worker performs work that’s outside the usual course of the hiring entity’s business; and The worker is customarily engaged in an independently established trade, occupation or business of the same nature as the work performed.

Assembly Bill 267: Expands the certification requirements for infants to cover any employment in the “entertainment industry,” which the bill defines broadly to include any type of motion picture using any format, by any medium.

DISCRIMINATION, HARASSMENT AND RETALIATION PROTECTIONS Assembly Bill 9: Extends the state of limitations from one year to three years to file a complaint with the Department of Fair Employment and Housing for purported FEHA violations, such as discrimination, harassment and retaliation.

Given this statue of limitations extension, it will become important for employers to keep detailed and accurate employment-related documentation.

Senate Bill 778: Pushed the original harassment training deadline back one year, to January 1, 2021. Now, employers with five or more employees must provide one hour of sexual harassment prevention training to nonsupervisory employees and two hours of such training to supervisors by January 1, 2021.

Employers who provided training in 2019 must provide training in 2020 to maintain the two-year cycle and comply with the new deadline.

Senate Bill 530: Covers seasonal and temporary workers and requires

SCV Chamber of Commerce/Courtesy photo

The SCV Chamber’s Government Affairs Council meets monthly to discuss advocacy. employers to provide training to season and temporary workers beginning January 1, 2021. It also requires the Division of Labor Standards Enforcement (DLSE) to develop harassment and discrimination prevention policy and training standard recommendations for use by employers in the construction industry with workers under a multi-employer collective bargaining agreement.

Senate Bill 142: Creates expanded accommodation requirements for employers to provide a location, other than a bathroom for lactation accommodation. The room must be close to the employee’s work area, shielded from view and free from intrusion. The room must: Be safe, clean and free of toxic or hazardous materials; contain a surface to place a breast pump and other personal items; contain seating; and have access to electricity.

Senate Bill 188: States that currently, under the FEHA, it’s unlawful to discriminate on the basis of race and now expands the law to prohibit discrimination against employees and students based on their natural hairstyles. It amends the definition of “race” under the FEHA and the California Education Code to include “traits historically associated with race, including, but not limited to, hair texture and protective hairstyles” such as “braids, locks, and twists.”

Assembly Bill 333: Adds a section to the Welfare and Institution Code that grants whistleblower employment protections specifically to a county’s “patients’ rights advocates” who provide patient services at county mental health centers. This bill provides an employee with the right to discuss possible regulatory violations or patient safety concerns with the California Department of Public Health (CDPH) inspector privately during a CDPH investigation.

LEAVE OF ABSENCE AND BENEFITS Assembly Bill 1748: Expands access to the California Family Rights Act (CFRA) for airline employees by creating special eligibility requirements for See ADVOCACY, 15

COALITIONS JOINED| As part of our advocacy efforts, the SCV Chamber has joined the following coalitions to support our business community:

S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 1 3

F E B R UA RY 2020

THE LINEUP

THE VOICE OF BUSINESS ADVOCATE | EDUCATE | CONNECT

SIGNATURE EVENTS

FEBRUARY 4 Employment Law Update 7:30 a.m. Registration/Breakfast 8:15 a.m. Program Hyatt Regency Valencia 24500 Town Center Drive Gain insight into legal matters threatening California business in 2020.

Avoid the pitfalls of rapidly changing employment law with Poole Shaffery & Koegle, LLP. This year’s “Be Afraid. Be VERY Afraid!” Employment Law Update, presented by attorneys Brian Koegle and David Poole, will cover legal matters affecting Santa Clarita businesses and professionals that you cannot afford to miss. This year’s topics will include the latest changes in independent contractor classification, meal and rest period claims and best practices to avoid claims, calculating overtime payments for non-exempt employees, training requirements for anti-harassment and bullying in the workplace, employment arbitration agreements and preview of new laws for 2020.

May 15 State of the County 11:00 a.m. Registration 11:30 a.m. Program Hyatt Regency Valencia 24500 Town Center Drive | Valencia Please join the SCV Chamber of Commerce and Supervisor Barger as she gives us an exclusive update on vital county issues ranging from business and economic development and shares her vision for the Santa Clarita Valley and 5th Supervisorial District.

BUSINESS AFTER HOURS MIXERS Looking for a way to expand your network? Our monthly Business Af-

#EMPOWERINGWOMEN – MEMBER EXCLUSIVE

ter Hours mixers are the perfect platform for you to introduce your business as well as network with other businesses located throughout the Santa Clarita Valley. Make sure to put a hold on your calendar for every third Wednesday of the month, and don’t miss the Santa Clarita Valley’s premier networking evening. We’re always somewhere different, so you never know who you can meet! Here’s what we’ve got coming up:

FEBRUARY 19 American Family Funding 360 Exectuive Suites

March 18

Embassy Suites

April 15

State Farm Henry Rodriguez

Each month, we invite Chamber members and a special guest to join a group of professional women to help inspire us with their stories. This is a casual, small group, open discussion lunch. Hosted at Salt Creek Grill REGISTRATION IS REQUIRED—NO WALK INS

FEBRUARY 13 Lindsay Schlick – SchlickArt Photography & Video Studios

MARCH 19 APRIL 9

Holly Schroeder – president of SCVEDC Stephanie English – senior deputy for Supervisor Kathryn Barger

For registration and more details for each event, visit: SCVchamber.com For sponsorship or any other information please email hello@scvchamber.com

14 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L

F E B R UA RY 2020

PHOTO GALLERY

SANTA CLAR ITA VAL LEY

Chamber of Commerce

1

2

3

4

5

6

8

7

9 Photo Credits: 1-7, SCV Chamber of Commerce; 8-9, Joie de Vivre Photography | The Signal

1,2 & 4) The Santa Clarita Valley Chamber of Commerce hosted a holiday mixer with the Mercedes Benz Valencia dealership that enjoyed a huge turnout in December.

3 & 5) The SCV Chamber helped celebrate the opening of Flex ’n Burn in Valencia with a ribbon cutting this past month. 6-7) The SCV Chamber was on hand at Kaiser Permanente’s offices in the Santa Clarita Valley, after the health care provider was recognized with the Garfield Distinction Award for operational excellence at a ceremony on Jan. 7. 8) The mixer at Mercedes Benz Valencia also resulted in dozens of local businesses bringing donations for a toy drive to support those less fortunate in the SCV. 9) SCV Local business leaders discuss business advocacy at the monthly meeting of the Chamber’s Government Affairs Council.

S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 1 5

F E B R UA RY 2020

THE VOICE OF BUSINESS

COMING UP

SA N TA CL AR I TA VA LL EY

Chamber of Commerce

ADVOCATE | EDUCATE | CONNECT

ADVOCACY

ADVOCACY Continued from 12

airline flight deck or cabin crew employees in a way that mirrors the federal Family and Medical Leave Act. These employees will be eligible for CFRA leave if they’ve worked for 12 or more months for the employer, worked at least 504 hours and have been paid at least 60 percent of the monthly guarantee, which means they worked at least 60 percent of the minimum number of hours scheduled in a given month. It also requires employers to provide an additional unpaid leave of absence, up to 30 days per year, to an employee donating an organ.

Senate Bill 83: States, beginning July 1, 2020, the maximum duration of Paid Family Leave (PFL) benefits individuals may receive from

Joie de Vivre Photography | Courtesy Photo

The SCV Chamber of Commerce’s Board of Directors works year-round to be “the voice of business” for the Santa Clarita Valley.

California’s State Disability Insurance (SDI) program will be extended from six to eight weeks. Current law requires state agencies to provide written materials in non-English languages under certain conditions, or to provide other assistance (e.g., translation guides) in completing English

forms and questionnaires.

Assembly Bill 406: Requires that, beginning January 1, 2025, the Employment Development Department distribute its application for paid family leave in English and in all non-English languages spoken by a substantial number of

non-English-speaking applicants.

Assembly Bill 1554: Requires an employer to notify employees who participate in flexible spending accounts of any deadline to withdraw funds before the plan year’s end into different ways, which may include email, telephone, text message, postal mail and in-person notification.

Senate Bill 271: Makes it easier for motion picture production workers to access unemployment compensation to individuals who meet certain eligibility requirements. It will allow temporary or transitory employment performed outside the state to count toward unemployment eligibility requirements, as long as the motion picture worker is a California resident, is hired and dispatched from California, and intends to return to California to seek re-employment.

16 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L

F E B R UA RY 2020

THE LIST: L AWYERS - S OLO P RACTITIONERS

*INFO FROM SCVEDC.ORG

NAME

PRIMARY PRACTICE

CONTACT

Bridgeford Law Office

Workers Compensation

25060 Avenue Stanford, Suite 285 Valencia, 91355 (661) 775-9300

Carter Law

Civil Litigation, Civil Rights/ Discrimination

25152 Springfield Court Sute 100 Valencia, 91355 (323) 825-5529

Cohen Law, PLC

Business & Corporate

28039 Smyth Drive, Suite 200 Valencia, 91355 661-257-2887

Daniel Gunning, Esq.

Business & Real Estate

28470 Avenue Stanford, Suite 360 Santa Clarita, 91355 (661) 287-4120

Gharibian & Oliver

Family Law

25350 Magic Mountain Parkway, Suite 240 Valencia, 91355 (661) 254-4100

Group One Legal, PC

Landlord/Tenant, Real Estate Law

27720 Dickason Dr., Suite 232 Santa Clarita, 91355 (661) 702-4651

Employment Law

25350 Magic Mountain Parkway, Suite 302 Valencia, 91355 (661) 505-8315

Holmquist Law J. Umana Law P.C. Judge Mediation Kanowsky & Associates

Business Law & Intellectual Property Alternative Dispute Resolution / Mediation

19197 Golden Valley Rd, Suite 124 Santa Clarita, 91387 (661) 755-9861 5850 Canoga Avenue, Suite 400 Woodland Hills, 91367 (818) 610-8799

Business & Real Estate

26481 Summit Circle Santa Clarita, 91350 (661) 290-2656

Law Office of Barry L. Edzant

Lemon Law & Personal Injury

28470 Avenue Stanford, Suite 360 Valencia, 91355 (661) 222-9929

Law Office of Craig Aird

Business Law, Estate Planning & Immigration

27240 Turnberry Lane #200 Valencia, 91355 (661) 362-0762

Law Office of David Hong

Patent Law

P.O. Box 2111 Santa Clarita, 91386 (866) 826-8680

Law Office of Dean Ogrin

Business Law & Personal Injury

26841 Summit Circle Valencia, 91350 (661) 290-2656

Law Office of G. Marshall Hann

Business & Real Estate

25350 Magic Mountain Pkwy., Suite 130 Valencia, 91355 (661) 255-3600

Law Office of Gina G. MacDonald

Estate Planning & Probate

25115 Avenue Stanford, Suite A-209 Valencia, 91355 (661) 294-6464

Law Office of James F. Brownlowe

Estate Planning & Personal Injury

PO Box 55746 Valencia, 91385 (661) 388-1592

Law Office of Jeffrey D. Armendariz

Criminal Defense

28470 Avenue Stanford, Suite 360 Valencia, 91355 (661) 288-1959

Law Office of John S. MacIntosh

Home Owners Association, Landlord/Tenant, Estate Planning

25350 Magic Mountain Pkwy., Suite 130 Valencia, 91355 (661) 255-7027

Law Office of Michael Berke

Debt Collection

25001 The Old Road Santa Clarita, 91381 (661) 259-1800

Law Office of Robert M. Mansour

Estate Planning

28212 Kelly Johnson Pkwy., Suite 110 Valencia, 91355 (661) 414-7100

Law Office of William J. Kropach

Workers Compensation

6345 Balboa Blvd., Suite 222 Encino, 91316 (818) 609-7005

Law Offices of C. Ray Carlson

Personal Injury

27951 Smyth Drive #101 Valencia, 91355 (661) 294-0044

Law Offices of Caryn Sanders

Business & Corporate, Medical Malpractice, Personal Injury

24307 Magic Mountain Parkway #107 Valencia, 91355 (661)775-9873

Law Offices of David A. Huffaker

Estate Planning

28382 Constellation Road Valencia, 91355 (661) 288-1050

Law Offices of David D. Diamond

Criminal Defense

28005 Smyth Drive, Suite 190 Valencia, 91355 (888) 860-6570

Law Offices of Michael D. Finley

Family Law

28212 Kelly Johnson Parkway, Suite 195 Valencia, 91355 (661) 964-0444

Law Offices of Rand E. Pinsky

Family Law

28005 Smyth Drive #102 Valencia, 91355 (661)295-4644

Law Offices of Roger Doumanian

Small Business, Corporations & Trademarks

27955 Smyth Drive, Suite 107 Valencia, 91355 (661) 481-3091

Law Offices of Steven B. Chroman, P.C.

Family Law

28494 Westinghouse Place, Suite 206 Valencia, 91355 (661) 255-1800

Martinelli Law Group

Family Law

28422 Constellation Road, Suite 208 Valencia, 91355 (661) 310-8329

McNamara Law Firm, PC

Elder Law

28212 Kelly Johnson Pkwy., Suite 110 Valencia, 91355 (661) 287-3260

NP Law Firm, APC

Civil Litigation & Personal Injury

28494 Westinghouse Place, Suite 311 Valencia, 91355 (855) 675-2901

Probate California

Probate

Stevenson Ranch, 91381 (661) 244-1222

The F.M. Zavala Law Firm, Inc.

Family Law

28494 Westinghouse Place, Suite 206 Valencia, 91355 (661) 753-3534

The Law Offices of Mark Dickerson

Criminal Defense

22031 Sunrise View Place Valencia, 91355 (661) 296-4820

The Mason Law Firm

Personal Injury

28494 Westinghouse Place, Suite 202 Valencia, 91355 (661) 476-5678

The Werner Law Firm

Estate Planning & Probate

27433 Tourney Rd., Suite 200 Valencia, 91355 (661) 252-9022

Timothy A. Lambirth, APC

Business Law

25876 The Old Raod, Suite 35 Stevenson Ranch, 91381 (661) 644-5525

Wax & Wax

Workers Compensation

27201 Tourney Road Valencia, 91355 (818) 946-0608

Yeager Law APC

Estate Planning

23300 Cinema Drive, Suite 2907 Santa Clarita, 91355 (661) 471-2177

S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 1 7

F E B R UA RY 2020

OVER 200,000 READERS TO BUSINESSES AND RESIDENTS ONLINE AND IN PRINT

2020 BUSINESS & COMMUNITY GUIDE IN PRINT, ONLINE & TABLET-READY The Santa Clarita Valley Community, Relocation & Business Guide is a high quality, content-rich publication showcasing the best that the Santa Clarita Valley has to offer.

Tell your story.

The Guide offers special advertorial sections, allowing businesses to tell their stories and engage the audience in feature article style. Special sections may include: Real Estate & Relocation, Health Wellness & Fitness, Education, Legal, Financial & Professional Services, Automotive Passions, Shopping, Dining, Arts & Entertainment, Attractions & Activities, among others.

Cover show

r may be 2020 cove he actual es only. T os rp pu n ustratio n is for ill

different.

Published by the Santa Clarita Valley Chamber of Commerce

Targeted distribution.

Over 200,000 readers will connect you with businesses, residents and newcomers to the Santa Clarita Valley. All Chamber members receive a copy and thousands are distributed to local businesses, residents, Signal subscribers and newcomers to the area.

Online & tablet ready versions.

Receive additional visibility at no extra charge via the dynamic online flipbook accessible 24/7 with ongoing promotion from the Chamber’s and Signal’s websites.

Tell your story …

2020 BUSINESS & COMMUNITY GUIDE

ONLINE

TABLET & SMARTPHONES

PRINT Don’t miss this opportunity to tell your story!

Advertising in the 2020 Santa Clarita Valley Business and Community Guide is a great way to talk about what makes your business unique.

The Chamber’s Guide helps to position your company among top businesses in the Santa Clarita Valley. Reaching thousands of visitors, hundreds of local businesses, residents and Signal subscribers, the Chamber’s Business and Community Guide puts your message in the market for a full year in print and online.

Don’t be left outSKYBOX … Tell your story by reserving TEXT advertising and advertorial space today!

100 YEARS

Call for more information

661-287-5564 SignalSCV. com

email: advertising@SignalSCV.com

18

F E B R UA RY 2020

ECONOMIC DEVELOPMENT CORPORATION SANTA CLARITA VALLEY

26455 Rockwell Canyon Road | UCEN 263 | Santa Clarita, CA 91355 | (661) 288-4400 | www.scvedc.org

OK, BOOMER — MAKE WAY FOR MILLENNIALS

BY HOLLY SCHROEDER

President and CEO of the Santa Clarita Valley Economic Development Corp.

I

t’s a little-known fact, but millennials make up the largest generation in the U.S. and California. In 2018 there were 11.2 million millennials in the state, and fewer than 9.3 million people in any other generation.

Millennials are also the largest generation in SCV at 81,000, placing them ahead of the 76,000 baby boomers.

The millennial population is expected to increase sharply — by this year, the Santa Clarita Valley is expected to have almost 93,000 people in this cohort — an increase of 38% over a two-decade span. Conversely, California’s millennial population has increased by only 8% over the same time period.

Trends like this and more will be shared at SCVEDC’s upcoming Economic Outlook Forecast on March 12.

For example, in addition to the rapidly expanding millennial generation, SCV is growing jobs, and has completely recovered job loss from the recession. Employment numbers continue to rise and now there are a record number of jobs in the Santa Clarita Valley at 95,000. Of those, one-third are at the region’s 50 largest companies.

SCV is also growing commercial and industrial developments with 24 million square feet in the long-term pipeline, 17 million of which are commercial developments, and 7 million are industrial projects. An additional 13.8 million square feet of new commercial development have been approved, but are not yet under construction, with Newhall Ranch accounting for the bulk of this space.

Additionally, in each of the past five years, there have been between 650-750 permits for

new homes. Currently, there are several housing projects representing thousands of new units that will be completed for occupancy within the next two years.

With new homes in Vista Canyon, River Village, Skyline Ranch and Newhall Ranch, SCV is helping to bridge the gap in housing which has become a major issue in both Los Angeles and the state (and provide some stylish and contemporary housing options for those Millennials as well).

If you’re interested to learn how these trends will affect your

business in 2020 and beyond, join us at the annual Economic Forecast on March 12 at the Hyatt Regency Valencia. You’ll get updates on the economies of the Santa Clarita Valley, the state and the nation, demographic data, information about new housing and commercial developments and more. Don’t miss the most impactful business event of the year. Visit www. scvedc.org/outlook to learn more.

Econo Watch Santa Clarita Valley

Q4 ’19

Q3 ’19

Q4 2019 Sq Ft

Office Space

11.82%

11.54%

2,782,785

Industrial Space

3.40%

4.20%

2,485,565

Commercial Vacancy Rates

Total Marked Sq. Ft. Vacancy Percentage:

Bank of Santa Clarita (BSCA) California Resources Corp (CRC) Carnival Corp. (CCL) FivePoint (FPH) Mission Valley Bank (MVLY) Six Flags * (SIX) Wesco (WAIR) Woodward (WWD)

Unemployment Rates

5,268,350

Office Space - as a % of Vacancy

52.82%

52.57%

N/A

Industrial Space - as a % of Vacancy

47.18%

47.43%

N/A

Dec ’19

Nov ’19

Dec ’18

New Commercial/Industrial Building Permits

2

3

1

Commercial Tenent Improvements/Alterations

44

35

33

Building Permits

Local Company Stock Prices

Santa Clarita Palmdale Lancaster Glendale Los Angeles County State

Housing Stats SCV Median Home Value SCV Median Condo Value SCV Home Sales SCV Condo Sales SCV Avg. # of Days on Market (SF) SCV Single Family Home Inventory

Dec ’19 14.21 9.03 51.02 6.99 14.35 45.38 11.02 118.44

Nov ’19 3.9% 6.1% 6.3% 3.8% 4.2% 3.7%

Dec ’19 643,500 423,500 200 59 87 75

Nov ’19 13.28 6.54 45.08 7.03 14.17 43.48 10.97 116.79

Oct ’19 4.1% 6.4% 6.7% 4.0% 4.5% 3.9%

Nov ’19 625,000 415,000 176 70 88 135

% Change 7.00% 38.07% 13.18% -0.57% 1.27% 4.37% 0.46% 1.41%

% Change -4.88% -4.69% -5.97% -5.00% -6.67% -5.13%

Dec ’18 600,000 363,000 132 71 96 92

19

F E B R UA RY 2020

SCV BUSINESS VOICES

SCVEDC WORKS TO RAISE GLOBAL PROFILE OF SCV HOLLY SCHROEDER President & CEO of SCVEDC

L

ike all businesses that have chosen to locate in the Santa Clarita Valley (SCV), foreign companies are attracted by the region’s business-friendly approach, abundance of land, high quality of life, modern facilities and infrastructure, talented workforce and strong local economy.

Additionally, the Ports of Los Angeles and Long Beach are ranked the top ports by cargo volume in North America. For SCV companies, easy proximity to the ports allows greater access to foreign trade and export relationships with companies overseas.

In 2018, total United States trade with foreign companies was $5.6 trillion, with $2.5 trillion in exports. The U.S. was the world’s third-largest exporter, after China and the European Union. There are many reasons U.S. companies should consider foreign trade including higher productivity, a stronger workforce, higher rates of growth and increased innovation. In addition, foreign trade extends and broadens the customer base.

With foreign direct investment and foreign trade becoming a key growth driver both at a national and regional level, the Santa Clarita Valley Economic Development Corp., or SCVEDC, is mindful of opportunities that increase our profile on a global scale.

Last month, the SCVEDC and the U.S. Commercial Service, a division of the U.S. Department of Commerce, hosted an event for local business leaders on doing business in China.

At the meeting, local business leaders engaged in a compelling discussion on a variety of topics including transparency issues in obtaining visas, tax laws relating to U.S. company representatives working in China, IP and trademark protection, and Internet access and VPN service access by non-Chinese companies. U.S.

Commercial Service provided new insights into tools to support success of trading in China.

Of note is their new China Intellectual Property Rights Toolkit, which provides a starting point for developing an understanding of the challenges in protecting

and enforcing IP in China, and a helpful resource for developing a China IP strategy. They also offer their Gold Key Service, a very cost-effective program providing U.S. companies matchmaking appointments with identified interested partners in foreign

markets. Two meeting attendees provided very favorable commentary on usage of the Gold Key Service in China and success of these meetings.

If you’d like more information, contact the SCV EDC at (661) 2884400 or scvedc@scvedc.org.

Information vital to your business in 2020 and beyond Thursday, March 12, 2020 Hyatt Regency Valencia Doors open: 1:30 PM Conference: 2:00 PM Cocktail Reception to Follow Featured economists will provide an in-depth forecast of our national and local economies, as well as discuss global trends. Limited sponsorship opportunities are available.

Premier Sponsor

REGISTER NOW

Online: scvedc.org/outlook Phone: 661.288.4400 Email: scvedc@scvedc.org

20 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L

F E B R UA RY 2020

VALLEY INDUSTRY ASSOCIATION 28368 Constellation Road | Suite 360 | Valencia | CA 91355 | 661.294.8088 | www.via.org content provided by VIA | prepared by Josh Premako

A D V O C AT E . E D U C AT E . I N N O VAT E .

The Value of VIA

Increased visibility in the community and access to community leaders and elected officials, whether through volunteering on VIA committees or attending special events.

If you’ve been in business in the Santa Clarita Valley for any length of time, you’re likely aware of what we at the Valley Industry Association have known for years — relationships are a vital key to a thriving business community.

Ongoing training and professional development opportunities, such as the popular VIA Leadership Academy and special seminars and programs throughout the year.

Excellent networking opportunities including our monthly keynote luncheons, Cocktails and Conversation, the annual VIA Bash gala event, referrals and VIA committees.

For nearly 40 years, VIA has been devoted to facilitating and helping improve business-to-business relationships here in the SCV. It’s why our mission statement is: “The Valley Industry Association is a business-to-business membership organization that connects, empowers, and supports the Santa Clarita Valley business community through advocacy, education, and innovation.”

We believe in helping ensure the SCV has a business community that is defined by excellence, integrity, collaboration, and innovation.

Affordable advertising opportunities Advocacy, VIA researches, discusses, and lobbies on behalf of business owners in the Santa Clarita Valley.

Why Should I Join?

VIA members continue to see the vast benefit to building and maintaining great relationships in the community. We believe that 2020 will be an excellent year for VIA, and we’d love for you to be part of this.

Membership and involvement with VIA means face-to-face interaction with executives in the SCV business community, elected officials and leaders, and more. Some of the highlights of being a member include:

Whether VIA is brand new to you or you’ve been a member in the past, one of the easiest ways to see more of what we’re all about is to join us at a monthly luncheon. For more information visit: www.via.org

Revamped ‘Connecting to Success’ Program Preps Students for Workforce VIA Seeks Volunteers for 2020 Sessions Here at VIA, we place a high value on facilitating connections for businesses and business leaders. This spring, however, there’s NNECTING 2 SUCCESS another type of connection P R E PA R I N G T O M O R R O W ’ S W O R K F O R C E • T O D AY we’re focused on, as well— connecting students to tools that prepare them for the workforce.

Money Smarts, focused on providing essential training and wisdom in financial literacy; Building Your Image, covering the essentials and importance of an excellent professional image and reputation; Get That Job, tackling vital skills for preparing one’s resume and approaching interviews like a professional.

Connecting to Success started in 2003 with a few hundred students from Valencia High School, and has flourished into a program that annually serves several thousand students from throughout the William S. Hart Union High School District. Over 100 volunteer mentors from the business community lead students through role-playing, case studies, group discussions, and individual assessments to build workplace professionalism, and the ability to influence others as responsible adults For its 17th year, Connecting to Success is returning with some upgrades.

This year, the business conference-style program will be held Feb. 28, March 13 and 20, at the College of the Canyons Valencia Campus. Our team has completely redefined, revamped, and updated the program for this year.

BOARD OF DIRECTORS

This year’s program will offer students training in several areas:

EXECUTIVE COMMITTEE

Kim Thomson

Corporate Secretary

Hillary Broadwater

SCV Relocation Services

QM Design Group

Jeff Meyer

Chairwoman of the Board

Teresa Todd

Immediate Past Chairwoman

Point of View Communications

Tim Burkhart

Vice Chair, Programs

Six Flags Magic Mountainw

Sue Tweddell

Vice Chair, Education

Primerica Financial

Jason Gibbs

Vice Chair, Advocacy

GP Strategies Corporation

Ed Materson

Vice Chair, Workforce Development

SOS Entertainment

Michael P. Garrison CPA Treasurer

KKAJ, LLP

VIA Full SCVBJ Februay 2020.indd 1

Director at Large

Thrivent Financial

BOARD OF DIRECTORS Nola Aronson

Advanced Audiology

J.C. Burnett

Courier-Messenger, Inc.

Monica Fawcett

City of Santa Clarita

Neil Fitzgerald

Princess Cruises

Patti Handy

American Family Funding

Additionally, this year we’re adding an entirely new segment, called Career Exploration. Every student who attends the program will gain critical professional skills training, and also have the opportunity to meet with local business professionals offering insight into numerous major industries, how they got where they are, and what schooling, training and internships will get students on the right pathways to work within those industries.

You Can Help The Connecting to Success program provides VIA members an excellent opportunity to give back and invest in the community. We are still in need of facilitators and industry experts for this year’s programs. Facilitators may be professionals from any industry, and VIA will provide the curriculum and training prior to the event. For more information or to sign up to be a facilitator or industry expert, please visit www.via.org/connecting-to-success.

Amy Howard

Hyatt Regency Valencia

Laura Kirchhoff Circle Of Hope

Mike Kuhlman

William S. Hart UHSD

Kim Kurowski A-1 Party

Kathie Martin

SCV Water Agency

Myles McNamara

Comfort Keepers In-Home Care

Steve Nunez

Mission Valley Bank

Ted Sirotta

Henry Mayo Newhall Hospital

Omar Torres

College of the Canyons

CEO/PRESIDENT Kathy Norris, Valley Industry Association

EVENT CALENDAR Reservations and payment can be made at www.VIA.org/Calendar or call (661) 294-8088.

FRIDAY, JAN. 31, 2020

GET ACQUAINTED BREAKFAST 7:30 AM | HYATT REGENCY VALENCIA

TUESDAY, FEB 18, 2020

VIA LUNCHEON 11:45 AM | HYATT REGENCY VALENCIA

TUESDAY, MARCH 24, 2020

VIA LUNCHEON 11:45 AM | HYATT REGENCY VALENCIA

1/10/20 1:28 PM

21

F E B R UA RY 2020

SCV BUSINESS VOICES

BALANCE AND YOUR HEARING disorders can cause similar symptoms, such as lightheadedness and a floating sensation.

If you’re experiencing hearing loss, earaches, or tinnitus, let us know. This ensures we address both your balance and hearing.

KEVIN BOLDER AuD, Audiology Associates

I

f you have vertigo, you may feel like the world is spinning, even while you’re standing still.

Many people don’t know where to turn when they experience the symptoms of a balance disorder like vertigo. Here’s what you need to know to get treatment and feel steady again.

WHY YOU EXPERIENCE VERTIGO It’s normal to feel a spinning sensation after going on a park ride, spinning in circles, or even taking a boat ride. But when you have a balance disorder, that sensation is chronic, and it can arise without any external cause.

Your sense of balance — known as equilibrium — comes from communication between your inner ear and brain. When

you move, fluid and hairs in your inner ear shift. This sends a signal to the brain to adjust and keep your body balanced.

Vertigo occurs when the inner ear cannot function properly, usually because of some type of damage.

POSSIBLE CAUSES OF BALANCE DISORDERS The most common cause of vertigo is when calcium crystals move from their normal location

and float throughout the inner ear. Other common causes include viral infections and head injuries. You may also experience a balance disorder if you have hearing loss. Because the inner ear controls our sense of balance, damage to it can impair both our balance and hearing.

HOW TO TELL IF YOU HAVE VERTIGO Vertigo creates a spinning sensation, while other balance

WHERE TO SEEK TREATMENT We can perform tests to verify your balance diagnosis and help you determine whether you’ve also experienced hearing loss.

To schedule a hearing evaluation today, please call Audiology Associates at (661) 284-1900.

Kevin Bolder, Au.D., Patrice Rifkind, Au.D., and John Davis, Au.D. are three of the best in Santa Clarita and San Fernando Valley.

Visit our website at www.

AudiologyAssociates.net or stop by our office located at 23838 Valencia Blvd, Suite 100, Valencia, CA 91355.

We are hearing healthcare excellence!

22 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L

F E B R UA RY 2020

WHEN TRAGEDY STRIKES AT THE OFFICE PAUL BUTLER Signal Contributing Writer

I

t would be remiss of me to not reflect upon the tragic event that unfolded in my hometown of Santa Clarita, where a lone assailant shot and killed two of his fellow students, as well as injuring two others before taking his own life.

The debates are sure to continue about mental illness and gun control, but from my vantage point, the heart of the issue is the human heart. What causes us to dislike someone? What causes us to hate someone? What causes us to murder someone? I’d suggest it’s the human heart. Disliking someone and murdering someone are just two very extreme endpoints of the same spectrum. Jesus said when we hate someone, we’ve committed murder in our heart.

661.702.6000

We can call murder a mental illness, but it really is a heart illness.

We can campaign for tighter gun control, but it really is a matter of tighter heart control.

Relating this tragedy to the workplace, it seems there really is an issue with the heart. According to a report

by Alert Find in their 2018 study, workplace violence is one of the major causes of death in the corporate world, second only to transportation. Workplace violence is defined by the Occupational Safety and Health Administration (OSHA) as any act or threat of physical violence, harassment, intimidation or other threatening disruptive behavior that occurs at the worksite.

According to OSHA: About 2 million people each year report some type of workplace violence and it is estimated that 25% of workplace violence goes unreported! According to the most recent Bureau of Labor Statistics report; shootings accounted for 412 workplace homicides last

Working hand in hand with clients and their Trusted Advisors for nearly 100 years

28055 Smyth Dr., Valencia CA 91355 www.LBWinsurance.com CA Insurance License #0785905

year. Stabbing, cutting, slashing and piercing incidents accounted for another 38 homicides. Hitting, kicking, beating and shoving accounted for 35 workplace homicides. What is it with us humans?

According to the Society for Human Resource Management (SHRM), there are four main types of workplace violence that could compromise employee safety.

The first is criminal intent, which is where the perpetrator has no legitimate relationship to the business or its employees and is usually committing a crime in conjunction with the violence. The vast majority of workplace homicides (85%) are caused within this first category.

The second type of workplace violence is where the perpetrator does have a legitimate relationship to the business or its employees and becomes violent while being served by the business. The third type is where the employee or past employee attacks or threatens another employee(s) or past employee(s) in the workplace. The fourth type of workplace violence is where the perpetrator usually does not have a relationship with the business but has a personal relationship with the intended victim. This fourth category includes victims of domestic violence who are assaulted or threatened while at work.

Just as the William S. Hart Union High School District will be looking

into changing policies to try and prevent last week’s event from recurring, they will just be joining a long list of other establishments; be they universities, airports or places of worship who desperately want to protect their students, customers or congregants from such terrible atrocities. Likewise, by understanding these four main types of workplace violence, we can think through measures to take as business owners, human resource professionals and supervisors to prevent them.

Yes, we should do all we can to prevent such terrible events from occurring, but my fear is the heart of the issue is the human heart.

Yes, some of us may benefit from counselling for mental illness and yes, I do believe we need tighter gun control, but what I truly believe we need is a change of heart which is way, way above my pay grade and not in my job description.

So, even though the skies remain bright blue, an invisible dark cloud hangs over my hometown this week.

Paul Butler is a Santa Clarita resident and a client partner with Newleaf Training and Development of Valencia (newleaftd. com). The views and opinions expressed in this article are those of the author and do not necessarily represent those of the Santa Clarita Valley Business Journal.

For questions or comments, email Butler at paul.butler@newleaftd.com.

MUSELLA JOINS FORBES AGENCY COUNCIL

BY SIGNAL STAFF

J

ohn Musella, president and chief strategist of The Musella Group, a full-service communications and public affairs firm, has been selected to join the Forbes Agency Council, an invitationonly community for executives in successful public relations, media strategy, creative and advertising agencies.

“We are honored to welcome John Musella into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes the Forbes Agency Council, in a prepared statement Wednesday.

“Our mission with Forbes Councils is to bring together proven leaders

from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world.”

“I am pleased to be joining such a high-level group of professional leaders in the communications field from across the nation,” Musella said in a prepared statement.

As a council member, Musella is set to have access to various opportunities to connect and collaborate with other respected local leaders in a private forum, as well as share business insights in Forbes business articles and panels.

S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 2 3

F E B R UA RY 2020

RESIDENTIAL REAL ESTATE Housing Stats - Santa Clarita Valley

SCV Median Home Value SCV Median Condo Value SCV Home Sales

Source: Santa Clarita Valley Economic Development Corporation

Dec ’19

Nov ’19

Dec ’18

$643,500 $423,500 200

$625,000 $415,000 176

$600,000 $363,000 132

Dec ’19

Nov ’19

Dec ’18

59 87 75

70 88 135

71 96 92

SCV Condo Sales SCV Avg. # of Days on Market (SF) SCV Single Family Home Inventory

December Sales Acton 12/2019 New Listings . . . . . . . . . . . . . . . . . . . . . 3 Total Active Listings . . . . . . . . . . . . . . 36 New Escrows Closed . . . . . . . . . . . . . 14 Median Sale Price . . . . . . . . . . . $570,000 Agua Dulce New Listings . . . . . . . . . . . . . . . . . . . . . 2 Total Active Listings . . . . . . . . . . . . . . 18 New Escrows Closed . . . . . . . . . . . . . . .1 Median Sale Price . . . . . . . . . . . $649,000

09/2018 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54 ............................. 8 . . . . . . . . . . . . . . . . . . . . . . . . $549,000 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .3 . . . . . . . . . . . . . . . . . . . . . . . . $605,000

Canyon Country New Listings . . . . . . . . . . . . . . . . . . . . 41 Total Active Listings . . . . . . . . . . . . . . 68 New Escrows Closed . . . . . . . . . . . . . 55 Median Sale Price . . . . . . . . . . . $525,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 73 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 154 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .53 . . . . . . . . . . . . . . . . . . . . . . $469,000

Castaic New Listings . . . . . . . . . . . . . . . . . . . . . 6 Total Active Listings . . . . . . . . . . . . . . 18 New Escrows Closed . . . . . . . . . . . . . 20 Median Sale Price . . . . . . . . . . . $620,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .69 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .18 . . . . . . . . . . . . . . . . . . . . . . . . $530,000

COMMERCIAL REAL ESTATE

(INDUSTRIAL, OFFICE, RETAIL AND LAND) Retail Buildings

Sq. Ft.

BAYWOOD COURT 23144 Baywood Lane 1,051 BRIDGEPORT MARKETPLACE 23961 Newhall Ranch Road 3480 CANYON SQUARE 18541 Soledad Canyon Road 7703 18557 Soledad Canyon Road 1454 18597 Soledad Canyon Road 3615 CINEMA CENTER 23360 Valencia Boulevard, Unit E 1100 CREEKSIDE PLACE 23630 Valencia Boulevard, Suite A 3500 SUMMERHILL PLAZA 23910 Summerhill Lane 5264 THE PROMENADE @ TOWN CENTER 27033 McBean Parkway 1695 27059 McBean Parkway 4500 27095 McBean Parkway 1420 MAMMOTH RETAIL PLAZA 14550 Soledad Canyon Road 1,000 - 7,000 PLUM CANYON PLAZA 28048 Plum Canyon Road 1000-3380 REDDY PLAZA (FORMERLY SANTA CLARITA PLAZA) 26860 Seco Cyn Canyon Road 6,023 SANTA CLARITA MARKETPLACE 26870 Unit B-2 Sierra Highway 3175 SKYLINE PLAZA RETAIL BUILDINGS NWC Plum Canyon/Skyline Ranch Road 1226-4236 SKYLINE PLAZA MEDICAL OFFICE BUILDING Plum Canyon & La Madrid Rd 2,000-8,000 VALENCIA VILLAGE 27550 Newhall Ranch Road, Suite 203 3000 VISTA CANYON Lost Canyon & Sand Canyon 1,200 - 40,000 NEWHALL CROSSINGS SEC Lyons Avenue & Main Street 1226-4236

Sale/Lease

Price

150 - 2326

09/2018 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 . . . . . . . . . . . . . . . . . . . . . . . . $369,900

Saugus New Listings . . . . . . . . . . . . . . . . . . . . 23 Total Active Listings . . . . . . . . . . . . . . 42 New Escrows Closed . . . . . . . . . . . . . .56 Median Sale Price . . . . . . . . . . . $620,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 59 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 126 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58 . . . . . . . . . . . . . . . . . . . . . . . . $550,000

Stevenson Ranch New Listings . . . . . . . . . . . . . . . . . . . . . 5 Total Active Listings . . . . . . . . . . . . . . 10 New Escrows Closed . . . . . . . . . . . . . 13 Median Sale Price . . . . . . . . . . . $635,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 .............................. 3 . . . . . . . . . . . . . . . . . . . . . . . . $830,000

Valencia New Listings . . . . . . . . . . . . . . . . . . . . 41 Total Active Listings . . . . . . . . . . . . . . 74 New Escrows Closed . . . . . . . . . . . . . 80 Median Sale Price . . . . . . . . . . . $595,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 86 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 179 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 64 . . . . . . . . . . . . . . . . . . . . . . . .$583,900

GRANARY SQUARE 25830-25848 McBean Parkway CENTRE POINTE MARKETPLACE 26477-26557 Golden Valley Road OLD ORCHARD SHOPPING CENTER 23323 - 23453 Lyons Avenue LYONS OFFICE PLAZA 22916 Lyons Avenue RAINBOW GLEN PLAZA 26970 Rainbow Glen HIGHRIDGE CROSSING 28130 - 28166 Newhall Ranch Road

1,200, 2,800

Lease

$2.50 - $3.50 SF/MO/NNN

922, 1,022, 1,239

Lease

$2.00 SF/MO/NNN

2,575, 2,280

Lease

$1.50 - $3.25 SF/MO/NNN

340, 260, 640, 1,000

Lease

$1.85-$2.00 MG

1,00, 1,000

Lease

$2.00 NNN

1,825, 2,022, 1,825

Lease

$2.75 SF/MO/NNN

Lease

$2.25 SF/MO/NNN

Lease

Negotiable

Lease

Negotiable

Lease Lease Lease

$1.50 SF/MO/NNN $2.50 SF/MO/NNN $1.95 SF/MO/NNN

Lease

$2.50 SF/MO/NNN

STEVENSON RANCH PLAZA 25810-25860 Hemingway Avenue

Lease

$3.00 SF/MO/NNN

Patti Kutschko (Daum Commercial) 661-670-2003, Cole Taylor (Daum Commercial) 661670-2002

Lease

$3.25 SF/MO/NNN

28200 BOUQUET CANYON ROAD Unit A Unit B

Lease Lease Lease

$4.25 SF/MO/NNN $4.25 SF/MO/NNN $4.25 SF/MO/NNN

Lease

Negotiable

Lease

$1.75 SF/MO/NNN

Lease

$1.75 SF/MO/NNN

Lease

Negotiable

Lease

Negotiable

Lease

Negotiable

Lease

$3.25 SF/MO/NNN

Lease

Negotiable

Lease

$3.00 -$3.25 SF/MO/NNN

John Cserkuti (NAI Capital) 661-705-3551 CINEMA PARK 23300 Cinema Drive REENA NEWHALL 661-253-3344

Newhall 12/2019 New Listings . . . . . . . . . . . . . . . . . . . . 13 Total Active Listings . . . . . . . . . . . . . . 27 New Escrows Closed . . . . . . . . . . . . . 20 Median Sale Price . . . . . . . . . . . $567,000

Lease

$2.50 SF/MO/NNN

Patti Kutschko (Daum Commercial) 661-670-2003 1,071 - 2,330

3500 900

Lease Lease

$1.25 SF/MO/NNN $1.25 SF/MO/NNN

Lease Lease

$1.65 SF/MO/NNN $1.65 SF/MO/NNN

Casidy Cook (NAI Capital) 818-904-2400 Ext. 1615 PLAZA POSADA 23546 Lyons Avenue 23558 Lyons Avenue

1400 1200

Cameron Gray (Daum Commercial) 661-679-2004, Cole Taylor (Daum Commercial) 661670-2002 LYONS VILLAGE 23242 Lyons Avenue 23226 & 23228 Lyons Avenue VISTA VILLAGE CENTER 25856 Tournament Road; Unit # K Suite # 25860 Suite # G

1,230 2,570

Lease Lease

$1.75 SF/MO/NNN $2.00 SF/MO/NNN

1,446 1,000 1,440

Lease Lease Lease

$1.50 SF/MO/NNN $1.60 SF/MO/NNN $1.50 SF/MO/NNN

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Andrew Ghassemi (Spectrum Commercial Real Estate ) 661-567-1241, Matt Sreden (Spectrum Commercial Real Estate) 661-567-1243 25710 The Old Road 25710 The Old Road 17728-17730 SIERRA HIGHWAY Unit #11720 Unit #11724 Unit #11730 18717 Soledad Canyon Rd 18717 Soledad Canyon Rd

11,451 4,000 - 11,451

Sale Lease

Not Disclosed $2.00 SF/MO/NNN

793 - 2,487 620 - 1,430 2,323 - 3,087 1,292 1,292

Lease Lease Lease Lease/Sale Lease

$0.99 SF/MO/NNN $0.99 SF/MO/NNN $0.99 SF/MO/NNN $1,431/$1,850,000 Not Disclosed

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Randy Cude (Spectrum Commercial Real Estate) 661-567-1244

24 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L 25802 Hemmingway Ave, #100

1,200

Lease

$2.25/MO/NNN

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Randy Cude (Spectrum Commercial Real Estate) 661-567-1244, Andrew Ghassemi (Spectrum Commercial Real Estate ) 661-567-1241 OLD TOWN NEWHALL PROPERTIES 24357 Main Street 22520 Lyons Ave; Laemmle Theatre Project GOLDEN VALLEY PLAZA 26573 Golden Valley Road 26583 Golden Valley Road RIVERVIEW PLAZA 19931 Sierra Highway 19935 Sierra Highway 26883 Sierra Highway STEVENSON RANCH PLAZA 25860 Hemingway Avenue 25836-40 Hemingway Avenue LYONS PLAZA 23740 Lyons Avenue THE VINE CASTAIC LAKE 31709 Castaic Road 31725 Castaic Road 31729 Castaic Road 31731 Castaic Road 31735 Castaic Road 31743 Castaic Road 31749 Castaic Road 31759 Castaic Road 31765 Castaic Road SAN FERNANDO PLAZA 23630 Newhall Avenue; Unit C SANTA CLARITA LANES PLAZA 21613 Soledad Canyon Road 25057 - 25067 Peachland Avenue 27421 Sierra Highway SUTTER POINT PLAZA 27737 Bouquet Canyon Road Suite # 109 Suite # 112 Suite # 116 Suite # 119 Suite # 123 Suite # 126 Suite # 132/133

1550 2058

Lease Lease

$2.00 SF/MO/MG $2.25 - $3.00 SF/MO/MNN

783 1005

Lease Lease

TBD TBD

1479 2074 1220

Lease Lease Lease

$2.00 SF/MO/NNN $2.00 SF/MO/NNN $3.25 SF/MO/NNN

2330 1,071 - 2,142

Lease Lease

$2.25 SF/MO/NNN $2.25 SF/MO/NNN

2,000 - 8,500

Lease

4952 1063 1220 1742 1077 1216 1400 1450 1422

Lease Lease Lease Lease Lease Lease Lease Lease Lease

$1.00 SF/MO/NNN $1.00 SF/MO/NNN $1.00 SF/MO/NNN $1.00 SF/MO/NNN $1.00 SF/MO/NNN $1.00 SF/MO/NNN $1.00 SF/MO/NNN $1.00 SF/MO/NNN $1.00 SF/MO/NNN

1000

Lease

$1.50 SF/MO/NNN

43046 6960 28059

Ground Lease Sale Sale

TBD $366 SF/$2,550,000 $14.00 SF/$395,000

1031 1020 1040 894 1079 850 1,095- 2,191

Lease Lease Lease Lease Lease Lease Lease

$1.85 SF/MO/NNN $1.85 SF/MO/NNN $1.85 SF/MO/NNN $1.85 SF/MO/NNN $1.85 SF/MO/NNN $1.85 SF/MO/NNN $1.85 SF/MO/NNN

$2.00 - $2.50 SF/MO/NNN

Tim Crissman (RE/Max Crissman Commercial Services) 661-295-9300 27630 The Old Road VALENCIA TOWN CENTER 24300 – 24305 Town Center Drive

1,700 – 7,000

Lease

997 – 8,565

Lease

Negotiable $2.20 -$3.50 SF/MO/NNN

Cody Chiarella (CBRE) 818-502-6730, Doug Marlow (CBRE) 818-502-6707, David Solomon (CBRE) 818-907-4628 VALENCIA TOWN CENTER 24510 Town Center Drive Suite # 102 VTC I Suite # 110 VTC III Suite # 170 VTC III Suite # 190 VTC III

1006 997 2472 1706

Lease Lease Lease Lease

$3.50 SF/MO/NNN $3.50 SF/MO/NNN $3.00 SF/MO/NNN $1.95 SF/MO/MG

Cody Chiarella (CBRE) 818-502-6730 VALENCIA TOWN CENTER 24510 TOWN CENTER DRIVE Suite # 100 Suite # 120 Suite # 230

761 1646 1447

Lease Lease Lease

$3.00 SF/MO/NNN $3.00 SF/MO/NNN $1.95 SF/MO/MG

Cody Chirarella (CBRE) 818-502-6730, Richard Ramirez (818) 907-4639 20655 Soledad Canyon Road Suite # 5 Suite # 16 Suite # 24 Suite # 25 SWEETWATER PLAZA 33321 Agua Dulce Canyon Road 33301 Agua Dulce Canyon Road

700 1622 3,032 - 4,865 1,833 - 4,865

Lease Lease Lease Lease

$1.95 SF/MO/NNN $1.75 SF/MO/NNN $1.75 SF/MO/NNN $1.75 SF/MO/NNN

750 8,500

Lease Lease

Not Disclosed Not Disclosed

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540 SANTA CLARITA PLAZA 26111 Bouquet Canyon Road Suite # D003B Suite # D1 CASTAIC CREEK PLAZA SWC THE OLD ROAD/LIVE OAK ROAD 29435 The Old Road 29465 The Old Road APPLE VALLEY PLAZA 24777-24890 Apple Street 1st Floor 27516 THE OLD ROAD Pad # 1 Pad # 3 SOLEDAD ENTERTAINMENT CENTER 18710 Soledad Canyon Road SIERRA SQUARE 18402 Soledad Canyon Road

Ron Berndt (Daum Commercial) 661-670-2000, Patti Kutschko (Daum Commercial) 661670-2003 18560 Via Princessa #100

1500

Lease

$3.00 SF/MO/NNN

Randy Cude (Spectrum Commercial Real Estate) 661-567-1244 Plaza Clarita 25835 - 25845 Railroad Avenue BOUQUET SECO PLAZA 26811-A Seco Canyon 26771 Bouquet Canyon

1,300 - 2,701

Lease

$1.50 SF/MO/NNN

808 1238

Lease Lease

$1.50 SF/MO/NNN $2.00 SF/MO/NNN

Bruce Powell (Cornerstone Realty Advisors) 661-295-9000

Office/Commercial Buildings 27413 TOURNEY ROAD Suite # 140 Suite # 150 28212 KELLY JOHNSON PARKWAY Suite # 165 & # 175

Sq. Ft.

Sale/Lease

Price

1008 3245

Lease Lease

$2.65 SF/MO/FSG $2.65 SF/MO/FSG

4520

Sale

$395 SF/$1,785,400

Richard Ramirez (CBRE) 818- 907-4639, Craig Peters (CBRE) 818- 907-4616 LYONS VILLAGE 23226-23248 Lyons Avenue Suite # 216 Suite # 219/220 Suite # 222 Suite # 309 VALENCIA ATRIUM 28494 Westinghouse Place Suite # 104 Suite # 211 Suite # 303 Suite # 309 VALENCIA EXECUTIVE PLAZA 27201 Tourney Road Suite # 115 RYE CANYON BUSINESS PARK 28212 Kelly Johnson Parkway Suite # 200 Suite # 250 River Court 25106 AVENUE TIBBITTS Suite # 100 Suite # 101 Suite # 103 Suite # 104 2nd Floor

879 576 - 1201 798 1290

Lease Lease Lease Lease

$1.75 SF/MO/MG $1.75 SF/MO/MG $1.75 SF/MO/MG $1.75 SF/MO/MG

1,510 2270 1510 1290

Lease Lease Lease Lease

$2.35 SF/MO/MG $2.35 SF/MO/MG $2.35 SF/MO/MG $2.35 SF/MO/MG

2500-6475

Sublease

$1.95 SF/MO/FSG

6077 1610

Sale Sale

Not Disclosed Not Disclosed

2039 1713 2875 2510 10255

Lease Lease Lease Lease Lease

$2.65 SF/MO/FSG $2.65 SF/MO/FSG $2.65 SF/MO/FSG $2.65 SF/MO/FSG $2.65 SF/MO/FSG

Yair Haimoff (Spectrum Commercial Real Estate) 818- 579-8540, Andrew Ghassemi (Spectrum Commercial Real Estate) 661-567-1241, Matt Sreden (Spectrum Commercial Real Estate) 661-567-1243 28296 Constellation Road Suite # A

1,560 - 1,710

Lease

$1.65 SF/MO/FSG

Yair Haimoff (Spectrum Commercial Real Estate) 818- 579-8540, Andrew Ghassemi (Spectrum Commercial Real Estate) 661-567-1241 OLD TOWN NEWHALL OFFICE 24270 Walnut Street 1st Floor 2nd Floor 24262 WALNUT STREET Suite # 1 Suite # 2

1000 5694

Lease Lease

$2.25 SF/MO/MG $2.25 SF/MO/MG

325 325

Lease Lease

$2.08 SF/MO/GROSS $2.00 SF/MO/GROSS

Tim Crissman (RE/Max Crissman Commercial Services) 661-295-9300 TOURNEY POINTE 27200 Tourney Road Suite # 100 Suite # 350 Suite # 410

29679 2785 5081

Lease Lease Lease

Negotiable $2.65 SF/MO/FSG $2.65 SF/MO/FSG

Lease Lease Lease Lease Lease

$2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG

Lease Lease

$2.50 SF/MO/FSG $2.50 SF/MO/FSG

Lease Lease Lease Lease Lease Lease Lease Lease Lease Lease Lease Lease

$2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG

Kevin Fenenbock (Colliers Int.) 661-253-5204 VALENCIA OAKS 23822 Valencia Blvd.

Suite # 200 Suite # 208 Suite # 306 Suite # 306-A Suite # 306-B

1905 2443 2925 1144 1799

Kevin Fenenbock (Colliers Int.) 661-253-5204 3662 1500

Lease Lease

$1.25 SF/MO/NNN $1.25 SF/MO/NNN

BANK OF AMERICA TOWER 23929 Valencia Boulevard Suite # 101 Suite # 415

1500 2000

Lease Lease

$0.99 SF/MO/NNN $0.99 SF/MO/NNN

Kevin Fenenbock (Colliers Int.) 661-253-5204

3,500

Lease

$1.50 SF/MO/NNN

2500 3000

Lease Lease

Not Disclosed Not Disclosed

3000

Lease

$2.50 SF/MO/NNN

829

Lease

$1.50 SF/MO/NNN

Randy Cude (Spectrum Commercial Real Estate) 661-657-1244 31703 Castaic Road

F E B R UA RY 2020

3582

Sale

$418 SF/$1.5M

SUMMIT AT VALENCIA 27202, 27220 & 27240 Turnberry Suite # 100-1 Suite # 220-1 Suite # 290-1 Suite # 110-2 Suite # 120-2 Suite # 140-2 Suites #110/120-2 Suites #120/140-2 Suite # 110/120/140-2 Suite # 210-2 Suite # 220-3 Suite # 240-3

1427 1750

29839 1982 2606 3071 1368 1564 4439 2932 6003 11914 3130 1494

S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 2 5

F E B R UA RY 2020 Suites 220/240-3 Suite # 250-3

4624 5596

Lease Lease

$2.35 SF/MO/FSG $2.35 SF/MO/FSG

Kevin Fenenbock (Colliers Int.) 661-253-5204, John Erickson (Colliers Int.) 661- 253-5202 24801 PICO CANYON ROAD Suite # 301 Suite # 102 Suite # 300

2741 3032 3811

Lease Lease Lease

$2.25 SF/MO/FSG $2.25 SF/MO/FSG $2.25 SF/MO/FSG

Kevin Fenenbock (Colliers Int.) 661-253-5204 25020 AVENUE STANFORD Suite # 160 25060 AVENUE STANFORD Suite # 100 Suite # 105 Suite # 110 Suite # 115 Suite # 125 Suite # 130 Suite # 155 Suite # 260 26326 Citrus Street

943

Lease

$1.30 SF/MO/IG

2,853 1,125 1,893 1,370 1,257 4,663 1,342 1,409 2,191

Lease Lease Lease Lease Lease Lease Lease Lease Lease

$2.25 SF/MO/FSG $2.25 SF/MO/FSG $2.25 SF/MO/FSG $2.25 SF/MO/FSG $2.25 SF/MO/FSG $2.25 SF/MO/FSG $2.25 SF/MO/FSG $2.25 SF/MO/FSG $2.25 SF/MO/MG

SOUTHERN CALIFORNIA INNOVATION PARK 25102 Rye Canyon Loop; Suite # 110 7687

Lease

$1.80 SF/MO/NNN

Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607 3060 4764 3211 11930

Lease Lease Lease Lease

$2.75 SF/MO/FSG $2.75 SF/MO/FSG $2.75 SF/MO/FSG $2.75 SF/MO/FSG

Richard Ramirez (CBRE) 818-907-4639, Craig Peters (CBRE) 818-907-4616 THE COMMONS AT VALENCIA GATEWAY 25152 Springfield Court Suite # 120 Suite # 140 Suite # 170 Suite # 200 Suite # 240 (can combine suite 240 and 295) Suite # 250 Suite # 295 (can combine suite 240 and 295) Suite # 320 25154 Springfield Court Suite # 170

3251 3484 2073 2470 3733 2870 3083 2221

Lease Lease Lease Lease Lease Lease Lease Lease

$3.05 SF/MO/FSG $3.05 SF/MO/FSG $3.05 SF/MO/FSG $3.05 SF/MO/FSG $3.05 SF/MO/FSG $3.05 SF/MO/FSG $3.05 SF/MO/FSG $3.05 SF/MO/FSG

6125

Lease

$3.05 SF/MO/FSG

David Solomon (CRRE) 818-907-4628, Douglas Marlow (CBRE) 818-502-6707 GATEWAY PLAZA 25350 Magic Mountain Parkway Suite # 350 25360 Magic Mountain Parkway Suite # 270 (can combine suites 270 and 280) Suite # 280 (can combine suites 270 and 280)

1535

Lease

$2.85 SF/MO/FSG

1835 2503

Lease Lease

$2.85 SF/MO/FSG $2.85 SF/MO/FSG

David Solomon (CBRE) 818-907-4628, Matthew Heyn (CBRE) 818-907-4619 VTC IV 24200 Magic Mountain Parkway Suite # 120 (can combine suites 120 and 130) Suite # 130 (can combine suites 120 and 130) Suite # 135

4169 1446 1753

Lease Lease Lease

$2.25 SF/MO/NNN $2.25 SF/MO/NNN $2.25 SF/MO/NNN

David Solomon (CBRE) 818-907-4628, Douglas Marlow (CBRE) 818-502-6707 VALENCIA PARK EXECUTIVE CENTER 25115 Avenue Stanford Suite # A 107 Suite # B 209 Suite # B 220

1383 525 1088

Lease Lease Lease

$1.95 SF/MO/FSG $1.95 SF/MO/FSG $1.95 SF/MO/FSG

Lease/Sale

$2.85 SF/MO/FSG;

Lease

$2.75 SF/MO/FSG

Lease

$1.97 SF/MO/MG

Sale

$395 SF / $1.8M

Richard Ramirez (CBRE) 818-907-4639 VALENCIA CORPORATE PLAZA 28480 Avenue Stanford 50351 $315 SF/$15.9M 28470 Avenue Stanford 1,459 - 18,531 REXFORD VALENCIA BUSINESS CENTER 28159 Avenue Stanford Unit #110 3388 RYE CANYON BUSINESS CENTER 28212 Kelly Johnson Parkway, Suites 165 & 175 4520

Craig Peters (CBRE) 818-907-4616, Richard Ramirez (CBRE) 818-907-4639 27441 Tourney Road, Suite 100

1993

Lease

$2.65 SF/MO/FSG

Richard Ramirez (CBRE) 907-4639 RYE CANYON BUSINESS PARK 28212 Kelly Johnson Parkway Suite 280

1,588

Sale

$350 SF / $555,800

1,320 - 5,710

Lease

$1.85 SF/MO/FSG + J

1,523 - 2,105 1645

Lease Lease

$2.10 SF/MO/FSG + J $2.45 SF/MO/FSG + J

510 - 1,070

Lease

$1.75 SF/MO/NNN

Cameron Gray (Daum Commercial) 661-679-2004, Cole Taylor (Daum Commercial) 661670-2002 27819 Smyth Drive

Lease Lease

Not Disclosed Not Disclosed

Randy Cude (Spectrum Commercial Real Estate) 661-567-1244 HERITAGE OAK 24961 The Old Road Suite # 102

1049

Lease

$2.25 SF/MO/MG

Matt Sreden (Spectrum Commercial Real Estate) 661-567-1243, Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540 890

Lease

$2.55 SF/MO/FSG

Matt Sreden (Spectrum Commercial Real Estate) 661-567-1243 29021 AVENUE SHERMAN Suite # 101 31519 Castaic Road THE LYONS BUILDING 22777 Lyons Avenue Suite # 105

2662 - 3,571 1228

Lease Sale

$1.50 SF/MO/FSG $565 SF/$695,000

500

Lease

Not Disclosed

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Andrew Ghassemi (Spectrum Commercial Real Estate) 661-567-1241 27451 TOURNEY ROAD Suite # 100 Suite # 150 Suite # 180 Suite # 200 Suite # 250

1,702 2,052 2,052 3,250 1,418

Lease Lease Lease Lease Lease

$2.65 SF/MO/FSG $2.65 SF/MO/FSG $2.65 SF/MO/FSG $2.45 SF/MO/FSG $2.65 SF/MO/FSG

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Randy Cude (Spectrum Commercial Real Estate) 661-567-1244 APPLE VALLEY PLAZA 24777-24890 Apple Street 1st Floor REBEL PROFESSIONAL CENTER 25050 Avenue Kearny Suite #101 Suite #105 Suite #106B Suite #212

3000

Lease

$1.50 SF/MO/NNN

891 755 366 1,510

Lease Lease Lease Lease

$0.99 SF/MO/FS $0.99 SF/MO/FS Not Disclosed $0.99 SF/MO/FS

Randy Cude (Spectrum Commercial Real Estate) 661-567-1244 28368 Constellation Road #360

125 SF - 1000 SF

Lease

Rent withheld

Pamela Verner (SCV Commercial Real Estate Services) 661-714-5271

Office/Medical Buildings 25775 McBean Parkway 25880 Tournament Road

Sq. Ft.

Sale/Lease

Price

1,201 - 6,682 1,043 – 4,559

Lease Lease

$2.76 SF/MO/NNN Negotiable

800 - 1,837

Lease

$1.95 SF/MO/NNN

Cody Chiarella (CBRE) 818-502-6730 PLAZA POSADA MEDICAL CENTER 25050 Peachland Avenue

Cameron Gray (Daum Commercial) 661-679-2004, Cole Taylor (Daum Commercial) 661670-2002 RYE CANYON BUSINESS PARK 28212 Kelly Johnson Parkway Suite # 200 6077 Suite # 250 1610 TOURNEY PLACE PHASE II - BUILDING 5 27421 Tourney Road Suite # 105 2368 Suite # 207 3,200 Suite # 210 3,200 - 7,622 27450 TOURNEY ROAD Suite #140 2,663 GOLDEN TRIANGLE PROFESSIONAL CENTER 21700 Golden Triangle Rd Suite # 103 926 Suite # 104 982 Suite # 201-2013 3,575 Suite # 204 1,210 Suite # 205 1,210 Suite # 206 1,100

Sale Sale

Not Disclosed Not Disclosed

Lease Lease Lease

$2.60 SF/MO/NNN $2.60 SF/MO/NNN $2.60 SF/MO/NNN

Lease

Not Disclosed

Lease Lease Lease Lease Lease Lease

Not Disclosed Not Disclosed Not Disclosed Not Disclosed Not Disclosed Not Disclosed

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Andrew Ghassemi (Spectrum Commercial Real Estate) 661-567-1241, Matt Sreden (SPECTRUM Commercial Real Estate) 661-567-1243 19034 - 19042 SOLEDAD CANYON RD Suite # 230 Suite # 250

545 1,375

Lease Lease

$0.99 SF/MO/MG $2.25 SF/MO/MG

Randy Cude (Spectrum Commercial Real Estate) 661-567-1244

Kevin Tamura (Daum Commercial) 661-670-2001, Cole Taylor (Daum Commercial) 661670-2002 LYONS PLAZA 23502- 23504 Lyons Avenue Valencia Financial Center 23734 Valencia Boulevard 28097 Smyth Drive, Suite B PLAZA POSADA 23542- 23560 Lyons Avenue

1,500 - 7,500 1,500 - 7,501

28001 Smyth Drive #107

John Erickson (Colliers Int.) 661-253-5202, Chris Erickson (Colliers Int.) 661-253-5207

WESTRIDGE EXECUTIVE PLAZA 26650 The Old Road Suite #105 Suite #150 Suite #206 Suite #350

CASTAIC LAKE PLAZA 31905 Castaic Road 1st Floor 2nd Floor

1871

Lease

$1.85 SF/MO/FSG + J

Cameron Gray (Daum Commercial) 661-679-2004, Patti Kutschko (Daum Commercial) 661670-2003

28114 WITHERSPOON PARKWAY Nigel Stout (JLL) 818-631-2068 BOUQUET SECO PLAZA 26781 Bouquet Canyon Rd

64,450

LEASE

$0.74 SF/MO/NNN

3913

Lease

$1.75 SF/MO/NNN

Kevin Tamura (Daum Commercial) 818-449-1631 Land (Commercial, Industrial & Retail) SOLEDAD LOST CANYON GATEWAY 17408 - 17424 Soledad Canyon Road

Acres

Sale

2.9

Sale

Price $30 SF/$3,810,330

Richard Ramirez (CBRE) 818-907-4639, Craig Peters (CBRE) 818-907-4616 Ridge Route Highway Ridge Route Highway 21613 SOLEDAD CANYON ROAD

20 40 43560

Sale Sale SALE

$.37 SF/$325,000 $.33 SF/$575,000 TBD

Tim Crissman (RE/Max Crissman Commercial Services) 661-295-9300 28541 Witherspoon Parkway

5.51

Sale

$39.00 SF/$9.4M

26 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L Jim Ebanks (Realty Advisory Group) 661-702-8880 x 12, Lauren Hunt (Realty Advisory Group) 661-702-8880 x 18 Soledad Canyon Road/Camp Plenty NEC Bouquet Canyon Road & Plum Canyon Road NWC Bouquet Canyon/Madrid Road

22 1.86 3.71

Sale Sale Sale

$2.60 SF/$2.5M $25.00 SF/$2.0M $30.00 SF/$4.9M

SWC SOLEDAD CANYON RD/GOLDEN VALLEY RD Valley Business Center 1.19 Valley Business Center 1.9 Valley Business Center 2.29 Valley Business Center 2.67 Valley Business Center 3.86 Valley Business Center 4.96 Valley Business Center 6.15

Sale Sale Sale Sale Sale Sale Sale

$29.00 SF/$1.5M $29.00 SF/$2.4M $27.00 SF/$2.7M $27.00 SF/$3.1M $26.00 SF/$4.4M $27.00 SF/$5.8M $26.00 SF/$6.9M

John Z. Cserkuti (NAI Capital) 661-705-3551

1.4

Sale

$8.00 SF/$500,000

Pamela Verner (SCV Commercial Real Estate Services) 661-714-5271 16016 Sierra Highway

1.7

Ground Lease

$0.17 SF/MO/NNN

Ron Berndt (Daum Commercial) 661-670-2000 28541 Witherspoon Parkway

Sale

$39.00 SF/$9.4M

James Ebanks (Realty Advisory Group Inc.) 661-702-8880 x 12, Lauren Hunt (Realty Advisory Group Inc.) 661-702-8882 x 18 2.76 19,136 SF

Centre Pointe Parkway APN# 2836-018-033

Sale Lease

$18.30 SF/$2.2M $0.35 SF/MO

5.29

Sale

Not Disclosed

Yair Haimoff (Spectrum Commercial Real Estate) 8180-579-8540 23600 Sierra Highway 23568 Sierra Highway 23638 Sierra Highway 27303 Luther Drive

10.28 6.14 33,785 29725 SF

Sale Sale Sale Lease

$14.29 SF/$6.4M $22.42 SF/$6.0M $17.75 SF/$599,999 Not Disclosed

Randy Cude (Spectrum Commercial Real Estate) 661-567-1244, Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540

Industrial Buildings

Lease/Sale

28454 Livingston Avenue 29003 Avenue Sherman

Price

135287 68123

Lease Lease

$0.69 SF/MO/NNN $0.73 SF/MO/NNN

71777

Sale

$174.00 SF/$12.5M

Craig Peters (CBRE) 818-907-4616 21004-21058 Golden Triangle Road (Flex/Ind)

Craig Peters (CBRE) 818-907-4616, Geoff Martin (CBRE) 818-502-6739, Ryan Burnett (CBRE) 818-502-6791 REXFORD VALENCIA BUSINESS CENTER 28159 Avenue Stanford Unit #180

8241

Lease

$1.20 SF/MO/MG

5203 12132

Lease Lease

$1.15 SF/MO/FSG $0.95 SF/MO/NNN

46778

Lease

$0.79 SF/MO/NNN

Craig Peters (CBRE) 818-907-4616 24900 Anza Drive, Unit E 25028 Avenue Kearny

Richard Ramirez (CBRE) 818-907-6745 Sam Glendon (CBRE) 818-502-6745, Craig Peters (CBRE) 818-502-6795 28022 Industry Drive 29083 The Old Road

16,343 9,411

Lease Lease

$0.84 SF/MO/NNN $0.90 SF/MO/NNN

Sam Glendon (CBRE) 818-502-6745, Doug Sonderegger (CBRE) 818-907-4607 VISTA BUSINESS PARK 28305 Livingston Avenue

167990

Lease

$0.65 SF/MO/NNN

6100

Sale

$255 SF/$1.6M

Nigel Stout (JLL) 818-631-2068 29021 Avenue Sherman; Front Unit 101

Kevin Tamura (Daum Commercial) 661-670 -2001, Ron Berndt (Daum Commercial) 661670-2000 28365 - 28369 Constallation Road

34,115 SF (19,687 -14,428)

Sale

$175 SF/$6.0M

Kevin Tamura (Daum Commercial) 661-670-2001, Jerry Sackler (Daum Commercial) 213270-2267 28358 Constallation Road Suite # 620

5202

Lease

$0.74 SF/MO/NNN

James Ebanks (Realty Advisory Group) 661-702-8880 x 12, Lauren Hunt (Realty Advisory Group) 661-702-8880 x 18 GATEWAY CORPORATE POINT 28486 Westinghouse Place Suite #110 DISCOVERY GATEWAY SPECTRUM 28396 Constellation Road 26450 Ruether Ave 25371 Rye Canyon Road 26306 DIAMOND PLACE Suite# # 150C

25030 - 25040 AVENUE TIBBITTS Unit B Unit J 26074 AVENUE HALL Unit 11 26943 - 26951 RUETHER AVENUE Unit E

93519 15,986 SF

Lease

$0.87 SF/MO/NNN

Lease

$0.87 SF/MO/NNN

28839-51 Industry Drive

30,242 SF

Lease

$0.79 SF/MO/NNN

27811 Hancock Parkway, Unit A

54,304 SF

Sublease

$0.72 SF/MO/NNN

25700-25702 Rye Canyon Road

37,650 SF

Sale

$158 SF/$5.95M

Matt Dierckman (CBRE) 818-502-6752, David Harding (CBRE) 818-502-6731, Greg Geraci (CBRE) 818-502-6741, Billy Walk (CBRE) 818-502-6733 SOUTHERN CALIFORNIA INNOVATION PARK 10215

Unit C

Lease

$1.25 SF/MO/GROSS

$1.00 SF/MO/MG

Lease

$0.65 SF/MO/NNN

134287

Sub-Lease

$0.65 SF/MO/NNN

Chris Jackson (NAI Capital) 818-933-2368,Todd Lorber (NAI Capital) 818-933- 2376 26841 RUETHER AVENUE Suite # D

1130

Lease

$1.15 SF/MO/IG

Sale

Not Disclosed

Ron Berndt (Daum Commercial) 661/670-2000 26763 Oak Avenue

13,408

Cole Taylor (Daum Commercial) 661-670-2002, Kevin Tamura (Daum Commercial) 661-670 -2001 26846 Oaks Ave, Unit G, Canyon Country

2000

Lease

$1.05 SF/MO/MG

26846 Oaks Ave, Unit F & G, Canyon Country

4000

Lease

$1.00 SF/MO/MG

Ross Thomas (Delphi Businbess Properties) 818-780-7878 x 104, Chris McKenzie (Delphi Business Properties) 818-780-7878 x 121 26320 Diamond Place #130

2332

Lease

$1.20 SF/MO/NNN

26320 Diamond Place #160

2332

Lease

$1.20 SF/MO/NNN

Pamela Verner (SCV Commercial Real Estate Services) 661-714-5271

Major Industrial Projects

Sq. Ft.

Sale/Lease

Price

THE CENTER AT NEEDHAM RANCH SWQ of Newhall Avenue/Sierra Highway

70,000 - 500,000

Sale/Lease

TBD

Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607 GATEWAY V VCC; West of I-5/N of Highway 126 27811 Hancock Parkway, Unit B

25000

Sublease

$0.80 SF/MO/G

27788 Hancock Parkway

50930

Lease

$0.77 SF/MO/NNN

2,507 - 16,545 (Showroom) Lease

$1.30 SF/MO/NNN

27736-27772 Hancock Parkway

Craig Peters (CBRE) 818-907-4616 IAC COMMERCE CENTER (PHASE 2)

50,000 - 216,320

LEASE

$TBD SF/MO/NNN

29040 Avenue Valley View; West of I-5/N of Highway

John DeGrinis, SIOR 818-618-6955, Patrick DuRoss, SIOR 818-219-8903, Jeff Abraham, SIOR 310-880-7403 (Newmark Knight Frank)

27651 Lincoln Place

1535

Lease

173000

$1.25 SF/MO/MG

$1.15 SF/MO/IG

7050

28454 Livingston Avenue

Sublease

Lease

$1.15 SF/MO/MG

28545 Livingston Avenue

1,100

3118

Lease

Tim Crissman (ReMax/Crissman Commercial Services) 661-295-9300

$3.50 NNN for retail

$1.15 SF/MO/IG $1.30 SF/MO/IG

2680

24907 AVENUE AVENUE TIBBITTS

$289 SF/$919,020 $1.15 SF/MO/NNN $0.82 SF/MO/NNN

Lease Lease

$0.60 SF/MO/NNN

BERNARDS CENTRE POINT PARK

Sale Lease Sublease

2880 1728

Lease

Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607

3,180 2,153 12,500

$2.35 SF/MO/MG

$0.72 SF/MO/NNN

14,256 SF

Future Office Projects

Lease

Lease

28851 Industry Drive

Not Disclosed

1,370

$0.80 SF/MO/NNN

28839 Industry Drive

Sale

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Matt Sreden (Spectrum Commercial Real Estate) 661-567-1243

Lease

Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607

7513

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540 28035-28045 Smyth Dr #102

11724

Chris Jackson (NAI) 818-933-2368, Todd Lorber (NAI Capital) 818-933-2376

26370 Ruether Avenue

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Andrew Ghassemi (Spectrum Commercial Real Estate) 666-567-1241, Matt Sreden (Spectrum Commercial Real Estate) 661-567-1243

28510 W. Industry Drive

27525 NEWHALL RANCH ROAD Unit # 1

25161 Rye Canyon Loop

5.5

NEWHALL CREEK Railroad Avenue & Wiley Canyon Road 28141 Kelly Johnson Parkway

John Erickson (Colliers Int.) 661-253-5202, Chris Erickson (Colliers Int.) 661-253-5207

28220 Industry Drive

Kevin Tamura (Daum Commercial) 661-670 -2001, Ron Berndt (Daum Commercial Real Estate) 661-670-2000 Sierra Highway/Crown Valley Road

F E B R UA RY 2020

Sq. Ft.

Sale/Lease

Price

MONTICELLO SQUARE (OFFICE & RETAIL) 26701 McBean Parkway

10000

Lease

$2.75 NNN for office:

57000

Lease

TBD

45675

Lease

TBD

VISTA BUSINESS CANYON (OFFICE AND RETAIL) TOURNEY PLACE (BUILDING 6) 27335 Tourney Road

Richard Ramirez (CBRE) 818-907-4639, Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607 25425 Orchard Village Road (Medical)

41,210

Lease/Sale

$3.50 SF/MO/NNN; $475/SF

Craig Peters (CBRE) 818-907-4616, Sam Glendon (CBRE) 818-502-6745 NOTE: Parties interested in further information should contact the listing broker(s) or SCVEDC at (661) 288-4400 or scvedc@scvedc.org

S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 2 7

F E B R UA RY 2020

WHAT YOU NEED TO DO IN FEBRUARY

KEN KELLER

I

SCVBJ Contributor

t’s the start of the second month of 2020. Hopefully, you’ve nailed down your business plans for the year, and assignments to key result areas are known and both responsibilities and resources for achievement allocated.

If you want a great year, it helps to have an atmosphere of optimism and positive feelings with a strong start.

Now that everyone is back to work, here are some assignments for you, the top executive, to complete to help your team continue the efforts throughout the year on the right track.

Answer this: What specific results am I being paid to achieve as the leader of this company? Review how much time you spend on each desired result and compare it to the total time you spend at work. How do you narrow the gap?

List 10 tasks you could eliminate doing. List 10 tasks that you currently do that would be better off delegated. Take action on these two lists at once.

Reach out to 12 customers this month. Ask how they see your organization, what they think of it, what kind of company they believe it is and what they want from it.

Share this feedback with all your employees.

Ask yourself: “Am I a leader who treats all my employees as my helpers?” List 10 ways your company could be more profitable and efficient when every employee is encouraged to assume greater responsibility.

Ask all the individuals with manager and supervisor titles to be prepared to answer the question “What should my contribution as a leader be to the company?” at an upcoming staff meeting. Give time for everyone to think about this.

When holding this staff meeting, get answers from each person. If someone comes without an answer, or with an answer that is not serious, excuse them from the meeting. Why? Some with management titles might not sincere about their role, regardless of their age; blood or marriage relations or how long they have been on the payroll. Having a better 2020 means your managers must step up to the responsibilities of managing.

You must set the tone.

You already know who your most capable people are. The question is: are your best people addressing the biggest opportunities or the biggest problems? What and when will you make the necessary changes for continued growth?

Make your list of the top-10 reasons why your company is an attractive place of employment. Add this to the agenda for the next staff meeting and share your list. Have each manager create their own list of at least three new, additional reasons at the meeting. Take the entire list and have each employee rank the reasons so management will know what employees really value.

At the end of the month, conduct a reality check. Pick the most critical functions in your business and

review with the appropriate managers whether so far in the new year, the most important things are being measured. In sales, for example, companies offer measure closed deals and volume. Those are trailing indicators to sales effectiveness.

Exceptional companies look up the sales funnel to uncover (and measure) the leading indicators, such as prospecting efforts, daily sales calls made and pending proposals. If you want a different result in 2020 change what is measured.

Make sure that every employee understands what it means to “own” a key result area. This can only be done when you take the time to sit down with managers and ask unpleasant questions to insure understanding and acceptance at the management level. Your managers can’t teach their employees what they don’t know and do themselves.

Here’s wishing that your 2020 is the best year ever for you and your company!

Ken Keller is an executive coach who works with small and midsize B2B company owners, CEOs and entrepreneurs. He

One bit of advice that can also boost morale is to make a list of the top-10 reasons why your company is an attractive place of employment, and share it with staffers at your next meeting. facilitates formal top executive peer groups for business expansion, including revenue growth, improved internal efficiencies and greater profitability. Email:Ken.Keller@ strategicadvisoryboards.com. Keller’s column reflects his own views and not necessarily those of the SCVBJ.

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