SCV Business Journal September 2019

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

SEPTEMBER 2019 | VOL.11 | NO. 9 | SCVBJ.COM

The Tales From Holly wood North Page 6

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FOUR QUESTIONS WITH SANTA CLARITA’S FILM OFFICE

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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 · 3

S E P T E M B E R 2019

September 2019 | Vol. 11 | No. 9

EDITORIAL

EXECUTIVE STAFF

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

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

ADVERTISING

ART/PRODUCTION

MULTIMEDIA ACCOUNT EXECUTIVES Sharon Bronson, Roni Charlton, Maureen Daniels, Toni Sims, Peter Smith BUSINESS DEVELOPMENT Brad Lanfranco

PRODUCTION MANAGER Doña Uhrig

PUBLISHER

PHOTOGRAPHERS Cory Rubin, Dan Watson

A Proud publication of 100 YEARS

SignalSCV. com

FROM THE EDITOR The Santa Clarita Valley loves the film industry and — thanks to support for a film-friendly environment by the city of Santa Clarita’s Film Office and FilmLA, which supports the rest of the 30-Mile Zone, or TMZ, not in city limits, as well as advocacy from the Santa Clarita Valley Chamber of Commerce and the SCV Economic Development Corp. — the feeling seems to be mutual.

The anecdotal evidence can be seen on the screen, in popular current films, such as “Once Upon a Time ... In Hollywood,” and on television and streaming services constantly, and the statistics also demonstrate the love: some 6,000 Santa Clarita residents are employed by the entertainment industry, which had a positive impact to the tune of about $33.4 million on the city’s budget in 2018-19.

For those looking for the results on the big screen, Quentin Tarantino used Melody Ranch’s “Main Street” set for the opening of the trailer in “Once Upon a Time,” which had grossed more than $115 million on its $90 million budget in less than a month since its July 26 release.

This month’s issue talks with a few of the leaders in the local film industry, including Evan Thomason, at the city’s Film Office, and Steve Arklin Jr., who heads Rancho Deluxe, another popular filming destination out here.

There’s also all the commercial and residential real estate information you might need, and input from community leaders throughout the SCV.

Customers Kelsie Steadman, left, daughter Skylar, 3, and Brandon Nunez, 3, pick out a cupcake from a sample tray as they wait in line during the grand opening event at Dangling Carrot Confections in Canyon Country. PHOTO BY DAN WATSON / THE SIGNAL

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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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4 · 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

S E P T E M B E R 2019

C O N T E N T S

COVER STORY 8

Show business growing and booming

NEWS & FEATURES 6 20 24 30 31 32 33

Behind the scenes in Santa Clarita Wesco announces $1.9B deal Keying in on padlocks The right time to refinance SCV Chamber launches Retail Walks Aerospace and defense forum in the works Home sales fueled by rates Santa Clarita pairing business, the arts

REAL ESTATE DATA 25

8

Residential & Commercial

SPOTLIGHTS

10 32

Four Questions: Evan Thomason Four Questions: Pamela Verner

SCV BUSINESS VOICES

5 7 9 19 21 23 33

Cheri Fleming, Valencia Acura Patrick Moody, Henry Mayo Newhall Hospital Audiology Associates, Dr. Kevin Bolder Samuel R.W. Price, Poole & Shaffery Holly Schroeder, SCV Economic Development Corp.

Tamra Gurney, Mission Valley Bank Randal Winter, Randal G. Winter Construction

A tour of Rancho Deluxe with Steve Arklin Jr. helps explain why it’s been such a popular film destination over the years. Story on page 8.

PHOTO BY DAN WATSON / THE SIGNAL

FROM THE EXPERTS

17 29 34

SCVEDC: Econowatch Ken Keller: What’s behind your missing profits?

Paul Butler: Discussing diversity, not divisiveness

11 Oakmont of Valencia was one of several SCV Chamber members recognized in this month’s photo gallery. Story on page 11. PHOTO COURTESY JOIE DE VIVRE PHOTOGRAPHY Business Insurance Workers’ Compensation Employee Bene ts

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Paclock is one of the few lock manufacturers in America. Story on page 20. PHOTO BY CORY RUBIN / THE SIGNAL

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S E P T E M B E R 2019

SCV BUSINESS VOICES

WHEN TARIFFS GO UP, SALES AND JOBS GO DOWN CHERI FLEMING Dealer/Principal for Valencia Acura

I

t’s simple economics — when the cost of producing goods goes up, sales go down. With a decrease in sales, jobs are lost.

A 25% tariff on imported autos and auto parts would decrease annual auto sales by 2 million units, according to the National Automobile Dealers Association.

That equates to a loss of 117,500 of the 1.1 million jobs at new car dealerships, which is an average job loss of 10% per dealership.

While auto dealers in general support President Trump’s goals of modernizing U.S. trade

agreements, trade actions such as new tariffs up to 25% on imported autos and auto parts would hurt the auto industry and consumers. New tariffs – impacting both domestic and international brands – would increase prices, stifle demand for new cars, and cost dealership jobs.

Most new vehicles sold in the U.S. are made in this nation by both international and domestic brands, but no vehicle is 100% domestic. Vehicles assembled in the U.S. have on average 40% international parts. A 25% tariff applied to all imported autos and auto parts would increase the price of vehicles

sold in the U.S. by an average of $4,400 per vehicle ($2,270 for U.S. built autos and $6,875 for imports).

The projected decrease in sales would also lead to a loss of state and local taxes. Franchised dealerships in the U.S. provide 18% of total retail sales.

That percentage skews higher locally as the auto dealers in the Valencia Auto Center contributed 21.7% of the City of Santa Clarita’s sales tax revenue in 2018 for a total contribution back into the local economy of more than $7 million from auto sales and leases. Those dollars help fund new city parks, trails, roads, open space,

free entertainment, and sheriff patrols.

The unified voice of the auto industry is for Congress to ensure that any new trade initiatives do not unduly increase vehicle prices, stifle demand for new vehicles, or jeopardize American jobs.

Cheri Fleming is dealer/principal of Valencia Acura, a local, family-owned and operated car dealership, and on the Board of Directors of the Greater Los Angeles New Car Dealers Association.

Owners Don and Cheri Fleming can be reached at (661) 255-3000. www.ValenciaAcura.com.

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6 · 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

S E P T E M B E R 2019

SHOW BUSINESS GROWING AND BOOMING IN SCV

BY TAMMY MURGA Signal Staff Writer

F

rom earning “safest city” to “most pet-friendly city” in the past, there’s no doubt Santa Clarita has a lot to boast about. But perhaps the one that consists is its recognition as the “most business-friendly” location in Los Angeles County, including show business.

The film industry in the area has been around longer than this generation or the previous one, and even before record-setting roller coasters at Six Flags Magic Mountain. If you look closely, you’ll notice many relics still exist today that proves Santa Clarita’s window into fame is attributed to its Hollywood Western culture.

Down in Newhall, there’s silent film star William Hart’s former 256-acre ranch now known as the William S. Hart Park and Museum, which houses Western artwork and Hollywood memorabilia. Just north of the locale on Railroad Avenue, you’ll find Saugus Café, which opened in 1886 and served legends like President Theodore Roosevelt and Charlie Chaplin and modern-day celebrities.

Hollywood has brought its productions to this end of the county since the silent film era but over the most recent years, and with the birth and expansion of the city, the film industry has also grown, according to local government and business officials.

“We’re consistently going really

While Santa Clarita has a rich and storied history in film, the city also looks forward to hosting more filming projects each year at locations throughout the SCV. COURTESY PHOTO SANTA CLARITA strong,” said Evan Thomason, million over the last six years.

Speedway in an overnight shoot on Oct. 2018. economic development associate WHY FILM HERE? Plenty of Hollywood magic with the city. “Santa Clarita has The city and the Santa Clarita happens within Santa Clarita Studios, been known as a film destination, Valley as a whole attract film an independent studio operator especially for Western films because production companies for multiple we were very rural. Santa Clarita is reasons and its diverse communities and favorite among film producers which expanded operations to a not a secret in the production world are among the top reasons, more than 100,000-square-foot but everyone is taking a second look according to Monica Harrison, industrial building in Valencia in president and owner of L.A. Film and we are having a lot of activity.”

Locations, which provides locations January as many productions flock Just how much? For its 2018for producers, directors and location back to the SCV. 19 fiscal year, the city’s film office “There is no doubt that SCV is scouts. recorded 526 film permits and a happening location for filming, “It’s a perfect city to do business 1,380 film days, which generated an and with space at sound stages at in — especially film business,” she estimated $33.4 million in economic a premium, our region has added said, adding that “Santa Clarita can impact to the local community. And several more over the past year be ‘cheated’ as almost any place these figures are consistent as the to accommodate the demand in the world. It’s a very ripe and fiscal impact has remained steady including the expansion of Santa receptive city for filming.” between $30 million and $33.9 Clarita Studios and the addition With its mountains, bodies of water and both green and desert-like of LA North Studios in Valencia Industrial Center. These new spaces, productions have found it soundstages bring the region’s total easy to turn the SCV other parts of number close to 40,” said Holly the United States such as Louisiana Schroeder, president and CEO of and Washington D.C., and other the SCV Economic Development nations including Iraq, France, Corporation in an August blog post Morocco, Mexico and Spain. about the local film industry.

Production companies enjoy When it comes to the permitting filming in areas that can easily mold process, the city’s film office is into other parts of the world, which known for its successful efforts in include “unique neighborhoods guiding productions through all the like Main Street, College of the requirements as well as offer a film Canyons and movie ranches,” said incentive program, which subsidizes Thomason.

Most recently, Hollywood director permit fees and reduces costs of safety personnel.

Quentin Tarantino returned to Santa Clarita is also located within Melody Ranch in Newhall for its Melody Ranch is one of the Santa Clarita Valley’s more storied filming the 30-mile film zone, radius used latest film “Once Upon a Time … locations — and it remains a Hollywood favorite, having just played by union film projects to determine In Hollywood,” filming four days at host to “Once Upon a Time ... In Hollywood.” COURTESY PHOTO MELODY RANCH See SHOWBIZ, page 18 the rand and one day at the Saugus

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S E P T E M B E R 2019

SCV BUSINESS VOICES

TV FOR TODDLERS: SET LIMITS, MAKE GOOD CHOICES PATRICK MOODY

W

Spokesman for Henry Mayo Newhall Hospital

hile TV might keep your child busy, that screen time could come at the expense of other, more important activities.

For example, it might be better for your child to use that time being active or visiting with family and friends.

Here’s a few tips for parents: To help make your child’s media experiences positive, the American Academy of Pediatrics offers these tips: Know when: Much of a child’s brain develops in the first two years of life. That’s when he or she learns a good deal of language and social skills. Time spent in front of a TV can take away from these important activities. For children younger than 18 months, it is ideal to avoid screen time. From 18 to 24 months, you can introduce limited, high-quality content.

But always watch it together.

Set limits: For ages 2 to 5 years, limit screen time to one hour a day. Choose high-quality, educational content that you can watch together. If possible, do not allow TV sets, video games, or computers in your child’s bedroom.

Be choosy: Avoid turning on the TV and watching whatever is on. Instead, plan out good shows for your child to watch.

Look at TV listings and TV ratings to help you select the right shows for your child’s age. Use the same care when choosing movies—both rentals and those in the theater—and video and computer games. Look at ratings and read reviews.

Watch Together: Take part in your child’s TV, movie, video game and computer time, whenever possible. Then talk about what you see and hear. This is especially vital while your child is very young and can’t tell the

difference between shows, commercials, cartoons and reality.

Offer Options: Encourage them to read a book, play, be active or color. Reading together is always a great use of time.

Set an Example: Kids learn

by watching you. So be a role model. Limit your own screen time, and be choosy about the things you watch.

Information from the study cited above appeared in the International Journal of Pediatric

Otorhinolaryngology. Patrick Moody is the director of marketing and public relations at Henry Mayo Newhall Hospital. For more information about local community health programs, visit Henry Mayo.com.

“I knew the Henry Mayo staff was on my side and that they believed in me.”

Jamie A.

Henry Mayo Patient

THIS IS QUALITY HEALTHCARE henrymayo.com/qualitycare

8 · 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

S E P T E M B E R 2019

BEHIND THE SCENES IN SANTA CLARITA

BY MICHELE E. BUTTELMAN Signal Staff Writer

M

anaging a family-run movie ranch might sound like a dream job.

However, for Steve Arklin, Jr., ranch manager of Rancho Deluxe in Sand Canyon, the responsibility also comes with long days.

“Some of the less glamorous parts of running a movie ranch would definitely be the long hours,” he said. “Sometimes throughout the season, I will have to go several days without any sleep and more commonly I see 20-plus hour days. I guess that’s what happens when you turn your home into a movie ranch.”

HOME GROWN Arklin was born in 1986 to Steve and Diane Arklin and has lived his entire life in the Santa Clarita Valley.

He is the oldest of three brothers.

Arklin and his siblings — Dustin and Ryan — live on the family ranch, as do his parents.

Arklin’s parents purchased five acres in Sand Canyon more than 30 years ago and then began adding more acreage through the years. The ranch now is more than 250 acres.

“It was a great place to be a kid. I had a fun childhood,” said

Arklin. “I also learned a lot growing up on a ranch. We had livestock, horses, cattle, sheep, pigs, goats and chickens. We had just about everything at one time. We’ve got fewer animals now.”

HARD WORKER A 2004 graduate of Canyon High School, Arklin began working at a young age. “I learned a lot about construction and operating equipment growing up,” he said.

He started working as soon as he graduated high school. He held a variety of jobs during his youth. He worked for a construction company building garages, at a pet store for a few years cleaning out cages and as a heavy-equipment operator at a rock yard.

“I wasn’t really sure what I wanted to do,” he said.

But between all those jobs, Arklin was learning about the movie business.

“I had part time jobs during the summer and during school vacations at movie ranches in the area since I was 12,” he said. “As I got older, I would drive water trucks to keep the roads wet, then when I was 18, they had me do contracts and ranch management.”

Arklin’s parents noticed their son’s

Steve Arklin Jr. works long hours to keep the family business going, but he loves the work. Arklin took the reins of the movie ranch from his father, Steve, more recently, but he’s been working in the business with part-time jobs since he was 12 years old. SIGNAL FILE PHOTOS interest in the film business and asked him if he thought he could turn Rancho Deluxe into a movie ranch.

“It grew from that conversation,” he said. “We didn’t build the ranch to be a movie ranch, but it just blossomed and turned into what it is now.”

RANCHO DELUXE Rancho Deluxe offers a studio filming location for feature films, television series, reality shows, photo shoots and commercials. The ranch has five full-time maintenance staff employees and hires additional help when there is filming on the ranch.

The name “Rancho Deluxe” originates from the movie of the same name. Arklin said his father and his brothers were often jokingly referred to as the “Rancho Deluxe Boys” by their friends.

The film, starring Jeff Bridges and Sam Waterson, was about two drifters of widely varying

backgrounds, who rustle cattle in Montana during modern times and try to avoid being caught.

Rancho Deluxe offers a variety of buildings and scenery.

“We have everything from little cabins to a grandiose Mediterranean villa. We have barns, lakes with waterfall features, a Western town, a log-cabin settlement, forests, open natural landscapes, dirt roads, paved roads, gravel roads and a game room called ‘The Man Cave,’” Arklin said.

Productions such as “SWAT,” “Timeless,” “LA to Vegas,” “MasterChef,” “MasterChef Jr.” and seasons one and two of HBO’s “Westworld” have filmed at the ranch. Other credits include “The Orville,” “Transparent,” “NCIS,” “Last Man on Earth,” “Sons of Anarchy,” “The Mentalist” and “Knight Rider.”

Films have included “Iron Man 3,” “Bad Teacher,” “Time Machine,” See RANCHO, page 18

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S E P T E M B E R 2019

SCV BUSINESS VOICES

A REVOLUTIONARY HEARING AID NOW COMES IN CUSTOM-FIT KEVIN BOLDER

AuD, Audiology Associates

F

or many, hearing aids make a life-changing difference.

It’s estimated that 48 million Americans have some form of hearing loss, and the majority of those individuals could benefit from hearing aids.

Like any other technology, hearing aids have made significant advancements to offer a better listening experience. While hearing aids of the past would simply amplify sound, today’s hearing aids do much more. The Oticon OPN is a groundbreaking hearing aid that has opened up a new world of options for the user.

The OPN is different from other hearing aids because it does not rely on directionality.

Directionality is when the hearing aid focuses on one sound source and eliminates others. However, the OPN can quickly process multiple sounds at once. This allows you to hear better in crowded environments such as restaurants or parties. The OPN offers a variety of features for the modern hearing aid

user including tinnitus therapy, internet connectivity, and rechargeable options. Now, it even comes in custom-fit options.

These five in-the-ear designs are perfect for users who prefer comfort and discretion. A professional takes an impression of your ear, and then a hearing aid is custom-made for you based on the replica of your inner ear. This line even features an invisible-in-canal option,

which is Oticon’s smallest hearing aid ever.

Hearing aids have made big leaps in the past few years. If you are unfamiliar with today’s hearing aids — or haven’t tried them out in a while — it’s time to schedule a consultation. Your hearing healthcare professional can go over your options with you and help you determine the type of technology that is best for your needs.

To schedule a hearing aid consultation today, please call Audiology Associates at 661284-1900. 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 AudiologyAssociates.net or stop by our office located at 23838 Valencia Blvd, Suite 100, Valencia, CA 91355.

10 · 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

S E P T E M B E R 2019

FOUR QUESTIONS

The city of Santa Clarita enjoys facilitating commercials, TV and feature films, an addition to streaming shows. Long-running shows such as “NCIS,” which has been filming in Santa Clarita for more than a decade, have the largest impact. PHOTO COURTESY SANTA CLARITA FILM OFFICE

PHOTO BY DAN WATSON / THE SIGNAL

EVAN THOMASON Economic Development Associate Evan Thomason leads the city of Santa Clarita’s Film Office, which helps production companies find locations for permitted shoots in the Santa Clarita Valley.

To contact the city of Santa Clarita Film Office, contact 661) 284-1425 or visit filmSantaClarita.com.

1. In addition to being in the TMZ or the 30-mile zone, what are some of the big draws for those in the film industry who want to film in Santa Clarita?

Santa Clarita has a lot to offer productions. We are home to over 25 sound stages and over 10 movie ranches so there is a lot of infrastructure in a relatively small area. We also offer a large variety of locations enabling Santa Clarita to double as just about anywhere.

We can portray “anywhere America,” big city, small town, the Middle East — even alien planets. This diversity allows productions to get the look of just about any location with only moving a few miles from their home base. When “Westworld” was filming season one and two here, they would often film at multiple movie ranches at once, which were only a few miles from their home stages.

We also have a streamlined film permit process. Our Film Office acts as a one-stop-shop and facilitates just about all of the interagency/interdepartmental approvals, and we offer a local Film Incentive Program.

2. We know there’s been an increase in the sheer volume of local filming, how else has the filming industry changed in just the last 5-10 years in the SCV? In the last six years, we’ve been pretty consistent with averaging over 500 permits, over 1,300 film days and over $30 million in estimated economic impact, which makes for a very busy film office and there are a few reasons for that.

In 2009, the state of California started the Film and Television Tax Rebate program, which is still going strong today.

Prior to that, production fled to other

states and even other countries to take advantage of their film incentive programs.

California’s own program has brought billions of dollars in spending back into the economy, and with it, thousands of jobs. Santa Clarita has benefited greatly, with many of California’s approved productions filming in our City including “S.W.A.T.,” “Mayan’s MC” and “Once Upon a Time in Hollywood,” to name a few recent examples. Another change in the industry that has led to more filming has to do with the streaming services like Netflix, Amazon and Hulu that are creating so much new content. We’ve had a good amount of production attributed just to those three, but there seems to be more all the time with the likes of YouTube and CBS also creating content exclusively for subscription streaming services.

3. All filming brings in revenue to the city, but what types of projects have had the most positive financial impact for the city, and why?

Feature films and network television typically generate the most economic impact in terms of daily spending and job creation.

A show like “S.W.A.T.” can easily have over 300 crew members, and they shoot on location quite a bit. We’ve had great success with episodic television in that one show could easily turn into multiple seasons, and make a significant impact to the local economy.

Productions also typically shop local and there’s so much work that goes into creating shows. A mill that’s crafting wood work to create sets can have a hundred people

working, for example, and they’re buying lumber and supplies locally.

Add that to rental fees for locations and equipment, food, gas and a host of other goods and services, and those numbers quickly add up.

4. The city recently toured the SCV with the state’s Film Commission officials. What were the highlights of the tour, and what was the discussion about?

Yes, it was a great opportunity to meet the new Director of the California Film Commission, Collen Bell, give her an overview of production in Santa Clarita and hear her thoughts on the future of production and the next phase of the California Film and Television Rebate Program.

We were also fortunate to have Assemblywoman Christy Smith and Mayor Marsha McLean join us for the tour.

The group had a nice dialogue and then toured Santa Clarita Studios and heard from studio ownership, and even a couple of members from current productions, about what filming in California means to them and their crew. After that, we visited Blue Cloud Movie Ranch for a tour, which is one of our local ranches that has expanded quite a bit in just the last few years.

A lot of the discussion centered around how vital the California Film and Tax Credit program has been in bringing jobs and production back to California.

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 · 11

S E P T E M B E R 2019

THE VOICE OF BUSINESS

ABOUT

SANTA C LAR ITA VAL LE Y

Chamber of Commerce

ADVOCATE | EDUCATE | CONNECT

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.

A LETTER FROM THE CHAIR — “THE CHAMBER’S EVOLUTION” What a year 2019 has been for the Chamber! We would like to thank all our loyal members, you are the heart and soul of the SCV Chamber and we value your involvement and dedication.

I also want to thank our Board of Directors and our new management company, Evolve Business Strategies, which we hired to more effectively and efficiently run the SCV Chamber. The partnership the Board and our management team has created has demonstrated itself to be strong and effective.

Together, we are delivering amazing results for our members. We as a Board are proud of the quality organization we have created, the partnerships we have developed and the professionalism our management team has brought to the SCV Chamber.

As we make our push toward the close of 2019 and look forward to 2020, I wanted to share with you some of what we’ve accomplished this year.

STRENGTHENED ‘THE VOICE OF BUSINESS’ – We’ve successfully ampli-

2019 BOARD OF DIRECTORS

fied our business advocacy efforts with our laser focus on important local, regional and state business issues. We have put the SCV Chamber in the driver’s seat and lead regional coalitions to effectively push for change! Join us on October 4 for the Legislative Leaders

Chair of the Board Nancy Starczyk EXECUTIVE COMMITTEE Hunt Braly Marisol Espinoza Jeffrey Forrest Kevin Holmes Troy Hooper Jill Mellady Dr. Chris Raigosa Chris Schrage BOARD OF DIRECTORS Corrine Barchanowicz Steve Cole Jason Crawford Monica Harrison Brian Higgins Pam Ingram Patrick Moody Andre Lupica Brian O’Connor Dan Revetto Marlon Roa Henry Rodriguez Sandy Sanchez Liz Seelman G. Jesse Smith Dennis Sugasawara Dr. Dianne Van Hook John Vance Dennis Verner Karina Winkler Randal Winter

Forum.

POP-UP BUSINESS EXPO SUCCESS – We took business

networking to a new level with our inaugural Pop-up Biz Expo.

More than 80 businesses and over 250 people participated, creating new connections and business opportunities.

SMALL BUSINESS COUNCIL - Small businesses

are at the core of our Chamber’s membership and are the backbone of our economy.

Starting next month, members will be able to actively participate in this new council which focuses on supporting and growing your small business.

CREATED VALUE-DRIVEN PROGRAMMING – Our programs are all

about creating member value! We re-launched the Lunch & Learn series, upgraded the annual Employment Law Update and launched the all-new Legislative Leaders Forum, to name a few.

KICKING-OFF RETAIL WALKS – This Fall you’ll find the Chamber’s Small Business Council and local elected officials walking retail areas across the SCV connecting with local business owners.

LAUNCHED NEW WEBSITE – Say “Hello!” to your new SCV Chamber! Our new

website shows the benefits of your membership and what we are actively working on for the business community as well as providing business resources and a new CRM system to more efficiently manage Chamber operations and events.

FINANCIAL STABILITY – As a result of sound fiscal management, the Chamber is experiencing its strongest year in history. We have financially secured our organization with a substantial reserve account (AKA rainy day fund) and are beating our 2019 budget projections which has allowed us to create additional programming opportunities for members.

Stay connected with us as we launch into Fall and check out our upcoming value-driven programming opportunitiesono the lineup page.

We’re here working hard for our members and the entire SCV Business Community. It’s never been a better time to be part of the SCV Chamber. Join us!

Onward and upward, Nancy Starczyk Chair of the Board | SCV Chamber of Commerce

BUSINESS COUNCILS

Realty Executives Poole & Shaffery, LLP Southern California Gas Company College of the Canyons Martini Akpovi Partners, LLP Kiwi Hospitality Partners Mellady Direct Marketing Kaiser Permanente LBW Insurance Financial Services Westfield Valencia SCV Water Agency City of Santa Clarita LA Film Locations AAA Companies Re/MAX of Valencia Henry Mayo Newhall Hospital Logix Princess Cruises AT&T Marlon Roa Insurance State Farm Insurance FivePoint Southern California Edison California Institute of the Arts Dennis Sugasawara Financial College of the Canyons Vance Wealth Burrtec Best Western Randal Winter Construction

Government Affairs Council The Government Affairs Council comes together once a month to discuss policy decisions on a local, county, state, and federal level. As a member, you are encouraged to attend a meeting and have your voice heard throughout the Santa Clarita Valley and take a stance on pertinent issues relative to the business community or your industry in particular. The Council encourages members to fill out Action Item Forms, requesting the Chamber to take a position on policy issues.

Small Business Council The Small Business Council focuses on three main objectives: Advises the SCV Chamber on small business related issues and programming and networking opportunities; and supports the Chamber’s “Retail Walks” with elected officials. The Small Business Council also promotes increased membership and participation in the chamber.

Latino Business Alliance Our LBA Council works to promote Latino-owned businesses as well as relevant issues facing our Latino business community.

In addition, the LBA helps to educate businesses on how to enhance a company’s business efforts with Latino consumers and other Latino-owned businesses.

NextSCV NextSCV is our next generation of leaders and the group aims to develop the next leaders of the Santa Clarita Valley through personal and professional development, civic engagement, and network building opportunities that ultimately stimulate local businesses and support the mission of the SCV Chamber.

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S E P T E M B E R 2019

MEMBERSHIP

THE VOICE OF BUSINESS

SA N TA C LAR ITA VAL LE Y

Chamber of Commerce

ADVOCATE | EDUCATE | CONNECT

MEMBER SPOTLIGHTS PREMIER AMERICA CREDIT UNION

P

an exceptional banking experience that places people before profits. As a dedicated community partner, each year we support local organizations that are making a difference in the communities our members, and team members call home.

Founded in 1957, Premier America is one of the nation’s largest credit unions, with more

remier America Credit Union is a full-service financial institution offering an exceptional banking experience with no hoops or crazy fees. At Premier America, we are committed to helping people reach their dreams faster and strengthening local communities. With higher savings rates, lower loan rates, no crazy fees, and no hoops, we offer

F

than 100,000 members and $2.8 billion in assets. With 20 retail branches, Premier America provides financial services to those who live, work, worship or attend school in the Ventura, and Los Angeles counties of California, and the Westchase district of Houston, Texas.

To learn more, visit PremierAmerica.com.

NORTHEAST VALLEY HEALTH CORPORATION

ounded in 1973, Northeast Valley Health Corporation opened its first community health center in the city of San Fernando with a mission to provide quality healthcare that is culturally, linguistically, and economically sensitive to the needs of local residents.

They have since grown to become one of the largest community health centers in the country, providing over 300,000 health care visits to almost 76,000 patients, across its 15 sites located in the San Fernando and Santa Clarita valleys.

The SCV roots were planted in the 1970’s when they were contracted to care for the agricultural workers employed by Boskovich Farms and Bunny-Luv Carrots. They opened the first Santa Clarita based health center in Valencia in 1995 and have

expanded in the community with three additional health centers that include the Santa Clarita Health Center, Rainbow Dental Center in Canyon Country, and their newest site, the Newhall Health Center.

Through these four sites, they are caring for over 17,000 Santa Clarita Valley community members by providing access to medical, dental, behavioral care, health coverage enrollment assistance, health education programs, and access to nutritious foods through the Women, Infants and Childrens (WIC) Program.

Northeast Valley Health Corp. employs 1,000 health care professionals with approximately 300 employees residing in the SCV. Since 2010, Northeast Valley Health Corporation has invested over $5 million in construction projects

Signal file photo

County Supervisor Kathryn Barger presents a check to the Northeast Valley Health Corp. during an event to recognize the Newhall Center. and over $2 million in contracted labor, equipment purchases and facility improvements in the community and is working on expanding their dental operations in the Santa Clarita Valley.

Northeast Valley Health Corporation also actively works with community partners to address the social

determinants of health, such as access to nutritious foods and housing.

Their mission to provide quality health care to all is driven by a vision in which all community members have the opportunity for better health regardless of their socioeconomic circumstances.

NEW MEMBERS HISPANIC HERITAGE CELEBRATION EVENT AT TESORO ADOBE

LEGISLATIVE LEADERS FORUM WEDNESDAY, SEPTEMBER 18, 2019 Time: 5:30P.M. - 8:00P.M. Registration: 5:30P.M. - 6:00P.M. September is National Hispanic Heritage month. In conjunction with our Councils, the Latino Business Alliance and NextSCV, we will be hosting an elevated mixer where we honor the Hispanic heritage that helps make the Santa Clarita Valley.

Join elected officials, business owners, and residents of the Santa Clarita Valley to help celebrate!

Purchase tickets at SCVchamber.com

TITLE SPONSOR

SPONSORS

FOR MORE INFORMATION AND SPONSORSHIP OPPORTUNITIES PLEASE EMAIL HELLO@SCVCHAMBER.COM

We would like to welcome the newest members to the Chamber.

Kathy Watterson Team Schwartz & Associates Insurance Services Yoga Yoga Embrace Your Smile Orthodontics At the Helm Marine Staples Yeager Law APC Bel Air Internet Fostering Youth Independence Platinum Communication Solutions United America Realty

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S E P T E M B E R 2019

THE VOICE OF BUSINESS ADVOCATE | EDUCATE | CONNECT

SANTA C LAR ITA VAL LE Y

Chamber of Commerce

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: CONGRESSWOMAN KATIE HILL WORKING FOR SCV BUSINESSES U.S. Representative Katie Hill invites SCV Chamber leadership to her Community Leader Reception to discuss important issues effecting local SCV businesses. Hill has been proactively working with the SCV Chamber to ensure she is focused on what’s important to our member businesses and working with us as “The Voice of Business.”

CHAMBER ADVOCATES FOR FASTER, MORE ACCESSABLE COMMUTER RAIL On July 25 Victor Lindenheim, chair of the SCV Chamber Transportation Committee, testified at the Metrolink Board of Directors meeting in support of the conclusions of a recent study of the Antelope Valley Line running from Union Station to Lancaster.

The study encourages building several track and siding extensions along the line to increase train volume and speed.

The SCV Chamber’s support aims to initiate construction work at all three stations serving Santa Clarita, which will make the Metrolink line more accessible and convenient for Santa Clarita residents.

CHAMBER BOARD MEMBER APPOINTED TO COUNTY STAKEHOLDER STEERING COMMITTEE

Signal file photo

From left, Marisol Espinosa, G. Jesse Smith, Rep. Katie Hill, Peter Warda of Evolve Business Strategies, SCV Chamber Chair Nancy Starczyk and Hunt Braly during a meeting with Hill to discuss support for Santa Clarita Valley businesses.

CHAMBER ACTIVELY SUPPORTS GRANT FUNDING FOR NEW VISTA CANYON METROLINK STATION With plans for the Vista Canyon Metrolink Station nearing completion, the SCV Chamber is advocating at both state and federal departments to secure necessary grant funding for this vital commuter improvement project.

The SCV Chamber hopes to bring attention to the economic potential of the new rail stop, which anticipates creating 3,000 construction jobs and 4,200 longterm jobs in the area surrounding the new station. This advocacy work is part of the chamber’s larger goal of securing Santa Clarita’s economic future.

CHAMBER EFFORTS REQUIRE ECONOMIC ANALYSIS FOR LA COUNTY SUSTAINABILITY PLAN Last month, the LA County Board of Supervisors voted unanimously to adopt the LA County Sustainability Plan. The adopted vote included the SCV Chamber’s suggestion of analyzing the economic cost and benefits of these strategies to help develop priority actions in the Plan. We believe this information will clarify how this Plan will shape the future economy of LA County and the impacts on jobs in key industries and economic drivers in LA County. This analysis will ensure stakeholders in critical sectors, such as housing, water, and energy production, are included in these conversations.

Hunt Braly, partner with the law firm Poole & Shaffery, was appointed by L.A. County Supervisor Kathryn Barger to the Safe Clean Water Program Watershed Area Committee.

Braly will be participating on the Santa Clara River Steering Committee. As you may recall, these steering committees resulted from the passage of last November’s, Measure W; the impermeable surfaces parcel tax.

He will be helping to develop guidelines and select the prioritization of programs that will be funded through the Measure. Braly serves as Co-Chair of the Chamber Government Affairs Council. The business community is fortunate to have a n SCV Chamber leader representing our Hunt Braly business community.

For more information on the Chamber’s advocacy efforts, visit our website at www.scvchamber.com or attend our monthly Government Affairs Council meetings. Our website contains detailed information on the following: 2019 Legislative Priorities; Public Policy Pillars; and Policy Making Principles.

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

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THE LINEUP SIGNATURE EVENTS

S E P T E M B E R 2019

THE VOICE OF BUSINESS

SA N TA C LAR ITA VAL LE Y

Chamber of Commerce

ADVOCATE | EDUCATE | CONNECT

OCTOBER 4 Legislative Leaders Forum

September 18 Hispanic Heritage Celebration 5:30-8 p.m.

Tesoro Adobe Park, 29350 Avenida Rancho, Valencia September is National Hispanic Heritage month. In conjunction with our Councils, the Latino Business Alliance and NextSCV, we will be hosting an elevated mixer where we honor the Hispanic heritage that helps make the Santa Clarita Valley. Join elected officials, business owners and residents of the Santa Clarita Valley to help celebrate!

3-5:30 p.m.

Valencia Country Club 27330 Tourney Road, Valencia Join the SCV Chamber as we host our inaugural Legislative Leaders Forum with our federal and state elected officials: Congresswoman Katie Hill; state Sens. Henry Stern and Scott Wilk; Assemblymembers Christy Smith and Tom Lackey will be providing updates on this year’s legislation.

OCTOBER 15 Healthcare Forum 7:30 a.m.

College of the Canyons 26455 Rockwell Canyon Road, Santa Clarita This year’s program includes two special presentations by health care field experts. Dietmar Grellman, senior vice president of policy at the California Hospital Foundation, will review health care policy issues and anazlyze potential impacts, and Santiago Munoz, chief strategy officer at UCLA Health, will discuss potential health care programs and services.

OCTOBER 28 Oak Tree Classic BUSINESS AFTER HOURS MIXERS Looking for a way to expand your network? Our monthly Business After 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:

OCTOBER 16 Resurgence IT NOVEMBER 20 Embassy Suites DECEMBER 18 Mercedes Benz

#EMPOWERINGWOMEN – MEMBER EXCLUSIVE 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

SEPTEMBER 12 Kathie Martin—SCV Water Agency

8 a.m.

Valencia Country Club 27330 Tourney Road, Valencia It’s never too soon to build your foursome! The Chamber’s Oak Tree Golf Classic is back in action this October. Join local businesses for a day on the course for some “friendly” competition. Awards will be handed out to the top three, as well as last place! Make sure to start practicing your stroke, you may be lucky enough to win a brand-new car. Not a golfer? Tickets may be purchased for just the cocktail hour and dinner.

LUNCH AND LEARNS – MEMBER EXCLUSIVE Our Lunch & Learns are exclusive MEMBER-ONLY EVENTS. Use your lunch hour to hear about a different service that is offered in the Santa Clarita Valley. Whether it be for your personal need or business, timely information is discussed. Here’s a look at our upcoming Lunch & Learns: REGISTRATION IS REQUIRED—NO WALK INS

SEPTEMBER 10 Insperity OCTOBER 3 AT&T NOVEMBER 7 One True North NOVEMBER 13: Vance Wealth++ For registration and more details for each event, visit:

OCTOBER 10 Dr. Shukan Kanuga—Kidz Dental Care

SCVchamber.com

NOVEMBER 14 Sara Mosleh—Valencia Medical Center

For sponsorship or any other information please email hello@scvchamber.com

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THE VOICE OF BUSINESS

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PHOTO GALLERY

SANTA C LAR ITA VAL LE Y

Chamber of Commerce

ADVOCATE | EDUCATE | CONNECT

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9 Photo Credits: 1-8, Joie de Vivre Photography; 9, Dan Watson | The Signal

1) Rep. Katie Hill meets with business leaders at the Chamber’s Current Affairs Forum event at College of the Canyons. 2) From left: Oakmont of Valencia’s Margie Veis; Oakmont founders Bill and Cindy Gallaher; and SCV Chamber board member G. Jesse Smith at a celebration for Oakmont’s Valencia location. 3) Santa Clarita Valley’s elected officials and business community leaders gather for a ribbon-cutting event hosted by the SCV Chamber of Commerce at Oakmont. 4) Corrine Barchanowicz of Unibail Rodamco Westfield discusses the evolution of retail at NextSCV’s event. 5-6) ResourceMFG recently hosted a grand opening ceremony with the SCV Chamber of Commerce to celebrate its new location in Valencia. 7) Brian and Lindsay Schlick of SchlickArt Photography and Video Studio host a Lunch and Learn event for the SCV Chamber of Commerce. 8) SCV Chamber member Your CBD Store celebrates the opening of a Newhall location. 9) Rep. Katie Hill, D-Agua Dulce, right, chats with Amy Wiese, left, of Kaiser Permanente and Peter Warda of Evolve Business Strategies, during the Community Leader Reception held at Hill’s Santa Clarita District Office.

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ADVERTISING

S E P T E M B E R 2019

THE VOICE OF BUSINESS

SA N TA C LAR ITA VAL LE Y

Chamber of Commerce

ADVOCATE | EDUCATE | CONNECT

2019

October 28

VALENCIA COUNTRY CLUB

TITLE SPONSOR - SOLD DINNER SPONSOR

| $3,500

Logo on social media, eblast and print

LUNCH SPONSOR

28

2019

October

VALENCIA COUNTRY CLUB

REGISTRATION - 8:00A.M. SHOTGUN - 10:00A.M. FOURSOME | $1,200 INDIVIDUAL GOLFER | $350 SPONSORED BY:

Includes Swag bag, Breakfast, Lunch, 19th Hole Cocktail Hour and Awards Dinner

19th HOLE SPONSOR

| $3,000

| $2,500

Logo on social media, eblast and print

Logo on social media, eblast and print

BREAKFAST SPONSOR - SOLD SCORECARD SPONSOR

| $2,000

Logo printed on scorecards, social media, eblast and print

SWAG BAG SPONSOR

| $1,800

AWARDS SPONSOR

Logo printed on swag bags, social media, eblast and print

SHIRT SPONSOR - SOLD

MULLIGAN SPONSOR

HOLE SPONSOR

| $2,000

Logo printed on mulligan vouchers, social media, eblast and print

Signage on tee box

CART SIGN SPONSOR

AREA SIGN SPONSOR

| $1,500

Logo on all carts, social media, eblast and print

| $1,500

Logo on social media, eblast and print

| $500

| $250

Sign on course or green

REGISTER AT:

SCVChamber.com FOURSOME

The Chamber’s 35th Annual Oak Tree Golf Classic is back in action this October. Join local businesses for a day on the course for some “friendly” competition. Awards will be handed out to the top three as well as last place! Make sure to start practicing your stroke, you may be lucky enough to win a brand-new car.

For more information and sponsorship opportunities please email hello@scvchamber.com

| $1,200

INDIVIDUAL GOLFER

| $350

Includes Swag bag, Breakfast, Lunch , 19th Hole Cocktail Hour and Awards Dinner

For more information please email hello@scvchamber.com THE VOICE OF BUSINESS SCVChamber.com

ADVOCATE | EDUCATE | CONNECT

17

S E P T E M B E R 2019

SCV BUSINESS VOICES

ECONOMIC DEVELOPMENT CORPORATION SANTA CLARITA VALLEY

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

LIVEWORKSCV.COM BY THE NUMBERS

BY HOLLY SCHROEDER

President and CEO of the SCV Economic Development Corp.

H

ave you heard about LiveWorkSCV.com, the new resource from the Santa Clarita Valley Economic Development Corp.? LiveWorkSCV.com is a comprehensive, highly visible job board that matches SCV career opportunities with SCV residents who want a job closer to home.

In its first week alone, over 35 companies have posted career opportunities on LiveWorkSCV.com. In addition, over 40

potential candidates have created profiles, over 75 Santa Clarita Valley jobs have been posted and over 40 applications have been submitted. LiveWorkSCV.com is quickly becoming the go-to job board for companies and residents in the Santa Clarita Valley.

And we’re just getting started.

SCVEDC knows the value of hiring local talent and is offering Santa Clarita Valley businesses this resource at no cost until 2020.

SCV residents who are either actively or casually seeking a career in the Santa Clarita Valley

LiveWorkSCV.com Post your job openings today!

can receive automatic notifications of positions that match their qualifications and create a profile that is searchable by hiring managers. Also, job seekers can take advantage of no-cost and low-cost job skills classes offered by SCVEDC in partnership with College of the Canyons to boost their resumes. More information regarding these job skills classes is available on the website.

Visit www.LiveWorkSCV.com and post your open positions today. Or, if you’re seeking a career closer to home, sign up for job

BY THE NUMBERS

75+

40+

35+

Applications have been submitted.

The Santa Clarita Valley Economic Development Corporation (SCVEDC) is a unique, private / public partnership representing the united effort of regional industry and government leaders.

The SCVEDC utilizes an integrated approach to attracting, retaining, and expanding a diversity of businesses in the Santa Clarita Valley, especially those in key industry clusters, by offering competitive business services and other resources.

In the first week alone, things have really taken off! Here are some early stats:

40+

Potential candidates have created profiles or signed up for email alerts to be notified about career opportunities.

alerts and create a profile that allows you to easily apply for a local opportunity.

High-quality, Santa Clarita Valley career opportunities have been posted.

Companies have posted career opportunities in the Santa Clarita Valley.

Econo Watch Santa Clarita Valley

Q2 ’19

Q1 ’19

Q2 2019 Sq Ft

Office Space

10.86%

11.57%

2,752,557

Industrial Space

4.40%

4.30%

23,308,050

Commercial Vacancy Rates

Total Marked Sq. Ft. Vacancy Percentage:

26,060,607

Office Space - as a % of Vacancy

10.56%

10.61%

N/A

Industrial Space - as a % of Vacancy

89.44%

89.39%

N/A

July ’19

June ’19

July ’18

3 53

13 70

4 57

Building Permits New Commercial/Industrial Building Permits Commercial Tenent Improvements/Alterations

Local Company Stock Prices 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)

July ’19 19.65 15.31 47.23 7.81 14.2 52.83 10.53 112.04

June ’19 19.36 19.68 46.55 7.52 14.12 49.68 11.1 113.16

% Change 1.50% -22.21% 1.46% 3.86% 0.57% 6.34% -5.14% -0.99%

Unemployment Rates Santa Clarita Palmdale Lancaster Glendale Los Angeles County State

July ’19 4.8% 6.7% 6.8% 4.6% 5.1% 4.1%

June ’19 4.5% 6.0% 6.4% 4.5% 4.6% 4.2%

% Change 6.67% 11.67% 6.25% 2.22% 10.87% -2.38%

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

July ’19 630,000 409,500 263 81 85 255

June ’19 605,000 451,000 237 73 82 455

July ’18 600,000 379,000 215 90 74 464

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S E P T E M B E R 2019

SHOWBIZ

Continued from page 6

per diem rates and driving distances for crew members, according to the California Film Commission.

“The reason we see so many movie trailers and crews working around the city is because we are in the magic 30-mile zone,” said Mayor Marsha McLean. “Not only do these local productions enhance our economy –they also provide jobs to our residents. In fact, some 6,000 Santa Clarita residents are employed by the entertainment industry.”

While not employed, many businesses and SCV locations directly benefit from local filming, including Ice Station Valencia, Hyatt Regency Valencia, Newhall Refinery and Bridgeport Marketplace.

“Overall, the film industry has been very positive,” said Chris

A massive state-of-the-art sound board sits in a new screening and ADR room at Santa Clarita Studios. PHOTO BY CORY RUBIN / THE SIGNAL Hailstone, Bridgeport Marketplace property owner. “They often make improvements to some of our

properties for a specific shoot they may need. A number of years ago, they painted the bridge at no cost

to the tenants. We do what we can and work with as many film crews as possible, including independent and student crews.”

With the California Film and Television Tax Credit program, which offers tax credits based on qualified expenditures for eligible productions produced in the state, productions are returning to the area — a positive sign that Santa Clarita could continue to see strong film years.

“We’ve been very consistent for the past five years and I think it will continue. A lot of productions are returning to California due to the tax rebate program and we’re the beneficiary of that. We have a lot of California-approved productions that film in Santa Clarita.”

To celebrate the booming, local film scene, the city has planned its annual State of the City event around Santa Clarita’s growing film success on Oct. 24.

RANCHO

Continued from page 8

“Eddie Murphy’s Haunted House,” “Rush Hour 3” and “Men in Tights.”

Commercials for Pods, Michelob, Ford, Subaru, GEICO, American Express, Sam Adams and Honda have filmed at the ranch. It has also served as music video locations for Eminem, Bruno Mars, Dwight Yoakam, Trace Adkins and CeeLo Green.

THE SAND FIRE At 2:10 p.m. July 22, 2016, a fire erupted in the riverbed near Sand Canyon and Soledad Canyon roads.

Called the Sand Fire, it took until August 3 to contain the fire which destroyed 41,432 acres. It cost one life and nearly two dozen homes.

“We’ve been through several fires, so we’re prepared,” Arklin said. Water lines and hydrants run throughout the property and Arklin makes sure his staff is well trained.

“When a fire breaks out, we try to create a defense,” he said.

“In the Sand Fire, we brought in about 30 water trucks and 5 or 6 bulldozers. I don’t know how many friends showed up to help us.” They sprayed water on the property for days before the fire roared into the area.

“We created a barrier to keep the fire back, we fought it off as best we could. There was a lot of luck, but also a lot of what we did saved the

Rancho Deluxe offers a variety of buildings and scenery, including these exterior sets within its Western town.

SIGNAL FILE PHOTO He knows how lucky he is to live property,” said Arklin. and to do business.” It is home The ranch lost trees and brush, where he works. to many people who work in the but no buildings. “I stayed up for “It’s nice to work close to home,” entertainment industry as well as to three days straight fighting the fire he said. “When productions come to several movie ranches. Arklin said before I finally had to take a break,” the ranches complement each other film here, people tell me how happy Arklin said. rather than compete with each other. there are to be close to home and For a month after the fire, Rancho not have to travel to another state, “We try to help each other,” he Deluxe had a crew on scene with said. “We’re all a little different. One or country, to work. That makes me water trucks 24 hours a day. “We ranch has a Spanish town, one ranch feel good, that we’re helping families would switch out drivers every 12 be closer together.” a Western town, one ranch an Iraqi hours,” he said.

Arklin said the City of Santa village. If we don’t have something a Flareups, burning embers and spot production needs, we’ll recommend Clarita and the city’s film office also fires were a constant danger. another ranch, and they do the same helps make life easier on the ranch.

“The city is really good to the film for us.”

LIVING WHERE YOU WORK industry. The film office does a great Arklin said using the family ranch Arklin said the Santa Clarita job,” he said. as a movie ranch helps pay the bills.

Valley is both “a great place to live

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S E P T E M B E R 2019

SCV BUSINESS VOICES

SIX STEPS TO KEEPING A TRADE SECRET SAMUEL R.W. PRICE

Attorney, Poole & Shaffery LLC

W

e often receive calls from companies looking to pursue claims for misappropriation of trade

secrets, usually against former employees or business partners.

Unfortunately, in many situations, the claims have already been undermined by the company’s own failures to take reasonable efforts to protect its trade secrets from disclosure.

Under California law, a trade secret can take the form of just

about anything that confers a competitive advantage and is kept secret in order to maintain that advantage. This includes not only highly technical and complicated information such as chemical formulations, computer software, physical devices, and unpatented inventions, but also more mundane items such

Because Relationships Matter

As The Law Firm for Your Business®, the team at Poole & Shaffery, LLP is interested in the long-term success of your business, not just the issue that brings you in. The firm takes time to learn about you, your people, values and goals, in order to provide your business with the best results.

“It’s very clear that Brian and his team truly care about our business. Their expertise in all areas of business law has helped our company stay focused on our own customers. We know we are in great hands with Poole & Shaffery.”

Chris Angelo - CEO of Stay Green, Inc., an award-winning and fastest-growing landscape company in Southern California

Brian Koegle, Partner at Poole & Shaffery, LLP, and Chris Angelo, CEO of Stay Green, Inc.

661-290-2991 · POOLESHAFFERY.COM SANTA CLARITA | LOS ANGELES | VENTURA COUNTY ORANGE COUNTY | SAN DIEGO

as vendor and customer lists, bidding processes, and financial information.

While business owners can typically identify the information they deem to be proprietary and that gives them a competitive advantage in the marketplace, simply calling it a “trade secret” does not offer protection.

Critically, the trade-secret owner must take affirmative steps — “reasonable efforts” — to maintain the secrecy of the information or else trade secret protection is lost. It’s wellestablished that when an owner publicly discloses a trade secret or discloses it to someone who has no obligation to protect the trade secret’s confidentiality, the trade secret protections are lost.

Reasonable efforts required to protect your trade secret will depend on the nature of the information. Six key steps that all business owners should consider are: Identify your trade secret information Clearly label or identify confidential information Control your confidential information Implement a written trade secret protection policy Require non-disclosure agreements Perform periodic reviews These are, of course, just some of the actions a company should consider taking to protect its trade secrets, and what is “reasonable” will invariably depend on your business and the nature of the information.

For more information about trade secrets from Poole & Shaf fery, visit: pooleshaffery.com/ articles/?Article=1588 Samuel Price is a partner with the law firm of Poole & Shaffery, LLP and practices in the areas civil litigation, representing both plaintiffs and defendants in complex business disputes and commercial litigation; intellectual property litigation; employment litigation; bankruptcyrelated litigation; and construction, construction-defect, and construction defect-related product liability matters.

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WESCO AIRCRAFT ANNOUNCES $1.9B MERGER WITH U.K. COMPANY

BY TAMMY MURGA Signal Staff Writer

V

alencia-based Wesco Aircraft announced Friday it entered into a “definitive merger agreement” to be acquired by an affiliate of Platinum Equity for an estimated $1.9 billion.

The global company, which touts itself as a leading distributor and provider of comprehensive supplychain management services to the global aerospace industry and with its worldwide headquarters on Avenue Stanford in Valencia, will combine with company Pattonair, a provider of supply chain management services for the aerospace and defense industries in the United Kingdom, according to a news release.

Wesco Aircraft shareholders would receive $11.05 per share in cash

under the agreement, which was unanimously approved by its board of directors, according to the company.

“The cash purchase price represents a premium of approximately 27.5% to the 90-day volume weighted average share price for the period ended May 24, 2019, the last trading day prior to media speculation regarding a potential transaction involving Wesco Aircraft,” the news release read.

The transaction is expected to be completed by the end of the year and is subject to Wesco Aircraft shareholder approval, regulatory clearances and other customary closing conditions, according to the company.

Upon the transaction’s completion, “Wesco will become a privately held company and shares of its common stock no longer will

Wesco in Valencia is expected to become a private company at the close of a recently announced deal. PHOTO BY CORY RUBIN / THE SIGNAL be listed on any public market,” the company said in the news release.

The Valencia location employs about 500 people.

KEYING IN ON THE PADLOCK GAME

BY TAMMY MURGA Signal Staff Writer

T

ucked within the Rye Canyon Business Park is Pacific Lock Company, or Paclock, one in a handful of padlock manufacturers in the United States and part of a few left worldwide.

The family-owned and operated business, located at 25605 Hercules St., considers itself a leader in commercial and enterprise security products and the only manufacturer in the world that produces Buy American Act- and Trade Agreement Act-compliant brass, hardened steel and aluminum body padlocks.

“No, there really are not that many padlock manufacturers left in the world. In fact, in the U.S. there are really only about three when you include Paclock,” said Gregory Waugh, president and CEO of Paclock, which manufactures traditional solid and laminated body padlocks, hidden shackle and hockey puck-style locks, transportation and government locks and smart lock solutions.

The company, with only a couple dozen employees operating from a single warehouse, may not perform on a scale as large as its competitors but the family-owned business is

“No, there really are not that many padlock manufacturers left in the world. In fact, in the U.S. there are really only about three when you include Paclock.”

— Gregory Waugh, president and CEO of Paclock

making impressive strides with an innovative line of retail padlocks now available at selected Home Depot stores and its entire product line on Amazon Prime.

Part of what’s taking Paclock to the top of the competition is innovation, as there’s “no real competition nor drive for innovation in the padlock industry,” meaning other companies have found no need to do anything new, said Waugh.

Here’s a look at what Paclock is working on: THE ONE-KEY SYSTEM The company’s Universal Cylinder System, available across 35 Home Depot locations and soon online, allows padlock users to replace the cylinder themselves in the field, meaning consumers can manage the keying of their padlock system.

Consumers of padlocks, such as construction companies or landscapers, are faced with the problem that “the bulk of padlock

solutions cannot be keyed in an intelligent manner,” said Waugh.

“That is to say that if I bought 10 padlocks today, I’d likely have 10 different keys in my hand to unlock those padlocks. This is a nightmare for professional customers,” he added.

Each padlock is made from rustresistant materials like aluminum, brass or stainless steel and the cylinders themselves are considered the first of its kind sold in the retail industry, according to Waugh.

“The idea at Home Depot is that we’ll have the locks there and you can change the cylinders out yourself. I mean, who’s ever taken a padlock apart? You can’t. We’ve developed a line of new, unique ideas where you’ll only need one key,” said Waugh.

A pack of five Universal Cylinder System cylinders runs for $29.97, according to Paclock’s website.

GOING PRIME AND EXPANDING The Paclock team has expressed

its launch with Amazon as a big step in the right direction for the company’s growth.

“We’re very excited,” said Gary Young, Waugh’s father-in-law and founder of the company, which started in 1998 as an importer of padlocks. Paclock changed its focus in 2010 when it began manufacturing U.S.-made products, particularly the body of each padlock, through the use of its computerized machining centers and ultimately improving efficiency.

“The U.S. manufacturing capability not only brought an unsurpassed degree of quality to Paclock’s products, but it also gave Paclock the ability to create new, never before seen, products almost weekly,” said Waugh.

For its list of products, Paclock recently launched on Amazon and is in the process of moving into Prime.

Customers can already find keying and color options, shackle heights and could soon offer laser engraving.

Paclock is also working on Bluetooth-controlled locking devices, said Waugh.

“We like being here and a lot of our employees like being here. This will kind of always be our headquarters for building out new products and ideas,” said Waugh.

21

S E P T E M B E R 2019

SCV BUSINESS VOICES

THE SCV REMAINS IMPORTANT HUB FOR FILMING HOLLY SCHROEDER President & CEO of SCVEDC

“H

ollywood North” has become a common moniker of the Santa Clarita Valley in reference to the large amount of filming that takes place here. And it’s true — there are many TV shows, feature films, music videos and commercials shot in our region.

The Santa Clarita Valley has always been popular with the film industry. Our varied and beautiful terrain, proximity to Los Angeles, location at the edge of the 30 Mile Zone, and our numerous movie ranches and sound stages make it an ideal location for filming.

There is no doubt that SCV is a happening location for filming, and with space at sound stages at a premium, our region has added several more over the past year to accommodate the demand including the expansion of Santa Clarita Studios and the addition of L.A. North Studios in Valencia Industrial Center. These new soundstages bring the region’s total number close to 40.

If you look beyond the twinkle of Tinseltown (North), you will see that the Santa Clarita Valley is also home to a growing number of companies that work in the background to support the film industry. Illumination Dynamics, a leader in providing lighting, grip and power distribution services to the live entertainment industry, announced their plans to relocate from Sylmar to The Center at Needham Ranch. Triscenic Productions which provides transportation and storage solutions for movie studios has expanded multiple times in SCV. Elite Media Technologies, a post-production company that partners with Nexflix and others, recently relocated to the Santa Clarita Valley from Burbank, and Richard Photo Lab, a company that specializes in film and video processing and printing is

expanding to a new, larger facility by the end of the year.

We expect this trend to continue — the Santa Clarita Valley remains one of the most filmed locations in California and the public’s demand for content will continue to drive expansion in the industry. The SCV is a

great location for all businesses, including show business, due to our educated and talented workforce, pro-business environment, commitment to remaining the most business-friendly region in L.A. County, and our convenient location as the gateway to Los Angeles.

The Santa Clarita Valley Economic Development Corporation (SCVEDC) is a unique, private / public partnership representing the united effort of regional industry and government leaders.

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

LiveWorkSCV.com

A new resource to connect SCV talent with SCV jobs.

SCV companies can post jobs for FREE until 2020. Visit LiveWorkSCV.com to get started!

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

S E P T E M B E R 2019

VALLEY INDUSTRY ASSOCIATION 28005 N Smyth Road Drive || Suite Suite 360 122 | Valencia, CA 91355 | 661.294.8088 | www.via.org 28368 Constellation content provided by VIA | prepared by Point of View Communications | 661.257.4440 | POVPR.COM

A D V O C A T E . E D U C A T E . I N N O VA T E .

Marijuana in the Workplace:

What Employers Need to Know Are you a bit dazed on how to handle marijuana in the workplace?

Are You in VIA’s Little Black Book?

The Valley Industry Association hosts the VIA BASH on Saturday, Oct. 19, 2019 at the Hyatt Valencia.

Known for its themed galas and top entertainment, VIA delivers one of the community’s most sought after events.

Although marijuana is now legal in California, it is not legal under federal law. What should businesses do to protect themselves and ensure compliance with state and federal laws?

Join VIA on Tuesday, Sept. 17, 2019 at 11:45 a.m. at the Hyatt Valencia on Town Center Drive for a practical presentation on avoiding potential legal pitfalls.

The celebrated theme for this year’s gala is inspired

by Truman Capote’s Black & White Ball that was held in the fall of 1966. Capote aspired to create an occasion that brought together a diversity of guests from his little black book to create visual unity using the most severe of color palettes: black and white attire.

VIA welcomes Dawn Irizarry, partner in the Los Angeles office of Carothers DiSante & Freudenberger LLP, a California-based labor and employment defense law firm, who will cover the most recent court decisions and changes to the state laws regarding both medical and recreational marijuana. She will address best practices for drug testing, handling employees who are registered users of medical marijuana, and navigating federal contracting ‘drug-free workplace’ rules. Attendees will leave with an understanding of what is required by law for compliance.

Showcasing Business and Industry

Five decades later, VIA resurrects the excitement and anticipation of Capote’s “A Night to Remember” with its own twist on the legendary affair: The VIA Black & White BASH with a splash of VIA signature red.

Reservations are required and seating is limited. Book online at via.org/calendar or call 661.294.8088.

VIA BOARD OF DIRECTORS EXECUTIVE COMMITTEE

Michael P. Garrison

Neil Fitzgerald

Teresa Todd

CPA Treasurer

Princess Cruises

Point of View Communications

Kim Thomson

William S. Hart UHSD

KKAJ, LLP

Chairwoman of the Board

Mike Kuhlman

SCV Relocation Services

Immediate Past Chairman

Myles McNamara

Hillary Broadwater

Comfort Keepers In-Home Care

SOS Entertainment

SCV Water Agency

Mariella Masuda

Hyatt Regency Valencia Thrivent Financial

Nola Aronson

Vice Chair, Programs

Advanced Audiology

Sue Tweddell

Courier-Messenger, Inc.

Vice Chair, Education

J.C. Burnett

Steve Nunez

Mission Valley Bank

City of Santa Clarita

Jason Gibbs

GP Strategies Corporation

Ted Sirotta

Henry Mayo Newhall Hospital

Monica Fawcett

Primerica Financial Vice Chair, Advocacy

Jeff Meyer

BOARD OF DIRECTORS

Six Flags Magic Mountainw

Sponsorships, including little black book sponsors, and individual tickets are available for the VIA BASH by contacting the VIA office at 661-294-8088 or visit www.VIA.org/via-bash.

A-1 Party

Chairwoman Elect

Tim Burkhart

Everyone’s invited to help support the VIA Education Foundation’s privately funded Connecting to Success program offering important workplace readiness skills to high school students. This signature program trains more than 2,500 high school students annually from all area high schools. Little black book sponsorships at $20 each are available, which help send students to the program.

Kathie Martin

Director at Large

QM Design Group

Workforce readiness key to student success

Kim Kurowski

Corporate Secretary

Ed Masterson

As part of the evening’s festivities, VIA honors and showcases businesses within the Santa Clarita Valley by celebrating the diversity and accomplishments of its members. Awards are given to those individuals and members of distinction deserving in one of three categories: Business of the Year, Rising Star, and the Connie Worden-Roberts Volunteer of the Year Award. The second annual VIA Vision and Inspiration Award will be awarded to a local school in recognition of participation in VIA’s Connecting to Success program.

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

TUESDAY, SEPTEMBER 17, 2019 11:45 AM | HYATT REGENCY VALENCIA 24500 Town Center Drive, Valencia

2019 SPEAKER SERIES—Marijuana In The Workplace

TUESDAY, OCTOBER 15, 2019

11:45 AM | HYATT REGENCY VALENCIA 24500 Town Center Drive, Valencia

2019 SPEAKER SERIES

SATURDAY, OCTOBER 19, 2019 6 PM | HYATT REGENCY VALENCIA 24500 Town Center Drive, Valencia

BLACK & WHITE BASH

B ASH

Omar Torres

College of the Canyons

saturday, oct. 19, 2019 hyatt valencia TITLE SPONSOR

Nola Aronson’s Advanced Audiology vip room sponsor

Tweddell & Associates representing Primerica

black tie sponsors

College of the Canyons InsideSCV Magazine Santa Clarita Magazine

SCVTV The Signal Thrivent Financial

white glove sponsors

Back to Health Chiropractic Burrtec Waste Industries, Inc. City of Santa Clarita Comfort Keepers In-Home Care Courier Messenger, Inc. Henry Mayo Newhall Hospital

Mission View Public School Norona Insurance QM Design Group Point of View Communications Southern California Edison SOS Entertainment

Sponsorships & Tickets: www.VIA.org/via-bash

23

S E P T E M B E R 2019

SCV BUSINESS VOICES

BANKING ON TRUST IN SANTA CLARITA TAMRA GURNEY President and CEO of Mission Valley Bank

W

hen it comes to choosing a banking partner, today’s business owners and managers are looking for a relationship that provides them with expertise in their specific area and a bank that is willing to work with them as a trusted adviser to help achieve greater success. Woven into that relationship, businesses seek a bank that demonstrates a tech-savvy, client-focused, communityminded and relationship-driven approach.

It takes a team of trusted advisers who understand a client’s business to develop programs to meet their exact needs. It’s that aspect that gives community banks a distinct advantage over larger institutional banks.

When looking to enter a banking relationship, businesses should seek out banks that have shifted from the traditional product focus to a more client-centric strategy, which tends to be more relevant and engaging while delivering solutions. In return, banks should be willing to cultivate an even deeper knowledge and understanding of their customers so they can tailor offers and services based on a customer’s account activity, needs and preferences.

When selecting a bank, a simple truth to remember is that banks cannot be all things to all people. By the same token, not all banks are created equal nor do they focus on the same core competencies. Businesses need to be sure their bank is a good fit for what is needed to grow and operate their business. Another consideration is the overall client experience.

Lastly, to achieve trust, banks must demonstrate their dedication to a broader purpose. They need to prove they are not just driven by quick profits, but also

by shared values. There is tremendous value in working with a client-focused, relationshipdriven banker that will invest the time necessary to truly get to know a business and understand its unique needs. The path to long-term success is for businesses to develop long-term relationships with bankers who

demonstrate expertise, experience and dedication to their success.

Mission Valley bankers have been recognized by the San Fernando Valley Business Journal as Business Banker-Trusted Advisor each year since the award’s inception in 2011.

Mission Valley Bank is a locallyowned, full service, independent community business bank headquartered in Sun Valley, California with a business banking office in Santa Clarita. For more information visit www.MissionValleyBank. com or call (818) 394-2300.

YOUR SUCCESS IS OUR MISSION

BEHIND EVERY GREAT BUSINESS STORY IS A TRUSTED ADVISOR. Rachel Carrillo Credit Administrative Assistant 2019 Trusted Advisor — Business Banker Client Services Award

Paula Bahamon

Vice President, Business Banking Officer 2018 Trusted Advisor – Business Banker Client Service Excellence

Maria Gonzalez

Electronic Banking Manager 2017 Trusted Advisor – Business Banker Innovation Leadership

Roy Fisher

Senior Vice President Operations Administrator 2016 Trusted Advisor – Business Banker

Janet Shinkle

Vice President Relationship Manager 2015 Trusted Advisor – Business Banker

Lola Forbis

Vice President Relationship Manager 2014 Trusted Advisor – Business Banker

Jahun Smith

Senior Vice President Regional Sales Manager 2013 Trusted Advisor – Business Banker

Bank with a trusted source.

FULL-SERVICE BUSINESS BANKING ACCOUNTS RECEIVABLE LENDING MERCHANT BANKCARD SERVICES COMMERCIAL LENDING EQUIPMENT FINANCING

Marianne Cederlind

Executive Vice President Chief Business Banking Officer 2012 Trusted Advisor – Business Banker

SBA FINANCING M I S S I O N VA L L E Y B A N K . C O M Branches located in:

SAN FERNANDO VALLEY CORPORATE HEADQUARTERS 9116 Sunland Blvd., Sun Valley

818.394.2300

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 420,Torrance

310.432.0290

Tamara Gurney

President & Chief Executive Officer 2011 Trusted Advisor – Business Banker and 2011 Trailblazer

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

S E P T E M B E R 2019

HOW TO KNOW IF IT’S TIME TO REFINANCE

BY TAMMY MURGA Signal Staff Writer

W

ith mortgage rates tumbling down in recent weeks, millions of homeowners could save more than $150 a month from refinancing. But those considering a look at reducing their monthly payment have a few questions to ask themselves before making a decision, according to local financial experts.

“Is now a good time to refinance?

That’s an individual decision and there’s some outside factors to consider,” said Robert Brode, a real estate professor at College of the Canyons.

The goal in a refinancing transaction is to change an old loan for a new and better one to help homeowners’ save money or lower payments, but it comes at a cost.

How long you plan on living in your house, where your credit score stands and what your financial goals look like all affect how refinancing plays out for borrowers.

Here are some factors to consider to help decide whether to jump in or wait on refinancing: WHAT’S THE STATUS ON MORTGAGE RATES? Mortgage applications increased by more than 5% from one week earlier, according to data from the Mortgage Bankers Association.

“The Federal Reserve cut rates as expected last week, but the bigger influence on the financial markets was the beginning of a trade war with China. The result was a sharp drop in mortgage rates, which will likely draw many refinance borrowers into the market in the coming weeks,” Mike Fratantoni, MBA senior vice president and chief economist, said in a Mortgage Bankers Association news release on the data released in August. “The 30-year fixed rate mortgage fell to its lowest level since November 2016, and the drop resulted in an almost 12 percent increase in refinance application volume, bringing the index to a reading over 2,000 - its highest over the same time period.”

The average 30-year fixed-rate mortgage reached 3.6% in midAugust this year and 3.05% for 15-year fixed-rates, according to

While the goal in a refinancing transaction is to change an old loan for a new and better one to help homeowners’ save money or lower payments, there are a number of factors homeowners should consider, according to the experts. SIGNAL FILE PHOTO Freddie Mac. The refinance volume is expected to rise even higher — an indication that homeowners should “lock that rate now. The bottom line is that the best time to refinance is when rates have fallen enough for you to save money,” said Holden Lewis, mortgage expert for NerdWallet.

economist at Zillow.

Tip: For those with a credit score below 720, consider seeking an FHA (Federal Housing Administration) loan as they can be a better deal than private mortgage insurance or conventional loans due to requiring a lower minimum down payments and credit scores, said Lewis.

HOW DOES MY CREDIT PROFILE PLAY A ROLE? For those considering to jump in while rates are low, having an improved credit score since attaining the original mortgage loan will help homeowners save more monthly and break-even quicker.

“There are a number of steps to help prepare for refinancing. As with any loan, borrowers should make sure their credit scores are healthy to obtain better refinance rates,” said Cheryl Young, senior

HOW MUCH WOULD YOU SAVE IF YOU REFINANCE? Mortgage refinancing comes with a price tag, but it’s important to add up all the costs of a refinanced loan to calculate potential savings.

Some of those costs can include an appraisal, fees for a new lender, credit check, legal documents and filings and closing costs. Even with “no closing cost” loans, borrowers could be paying fees through higher interest rates.

Homeowners should also find

“The goal in a refinancing transaction is to change an old loan for a new and better one to help homeowners’ save money or lower payments, but ... How long you plan on living in your house, where your credit score stands and what your financial goals look like all affect how refinancing plays out for borrowers.”

out how long they plan on living in the home. If the plan is to sell the property in the coming years, the loan will not be kept long enough to make it worthwhile. One might also want to consider whether there’s at least a 20% equity in the home, according to financial experts.

“Be sure your finances are in order and that you have some equity in your home. Otherwise, refinancing might cost you more than you could potentially save. Always assess the costs and benefits of refinancing,” said Young.

After obtaining an estimate on costs, find out how long it will take to recover in closing costs. For example, Lewis said, it would take 48 months to break even on $4,800 in closing costs if monthly payments decrease by $100. If you “expect to keep the home for 48 years then you’ll save but if you sell it then you’d lose (money) if you refinance.”

THE TAKEAWAY Mortgage refinancing is encouraged when savings are included. Low interest rates, an improved credit score and keeping a loan for longer periods are signs indicating it’s a good time to cut that monthly expense.

Connecting with a local loan professional can help ease the process for those considering to refinance, according to Nancy Starczyk, with the California Association of Realtors and chairwoman of the Santa Clarita Valley Chamber of Commerce.

“It’s important to talk to loan professionals that can give you both scenarios,” she said, “to know how much to save.”

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 · 25

S E P T E M B E R 2019

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

Jul ’19

Jun ’19

Jul ’18

$630,000 $605,000 $600,000 $409,500 $451,000 $379,000 263 237 215

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

Jul ’19

Jun ’19

Jul ’18

81 85 255

73 82 455

90 74 464

July Sales Acton 07/2019 New Listings . . . . . . . . . . . . . . . . . . . . 16 Total Active Listings . . . . . . . . . . . . . . 69 New Escrows Closed . . . . . . . . . . . . . 16 Median Sale Price . . . . . . . . . . . $520,000

05/2018 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 . . . . . . . . . . . . . . . . . . . . . . . . $580,000

Newhall 07/2019 New Listings . . . . . . . . . . . . . . . . . . . . 23 Total Active Listings . . . . . . . . . . . . . . 49 New Escrows Closed . . . . . . . . . . . . . 34 Median Sale Price . . . . . . . . . . . $530,000

05/2018 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .35 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 . . . . . . . . . . . . . . . . . . . . . . . . $460,000

Agua Dulce New Listings . . . . . . . . . . . . . . . . . . . . . 6 Total Active Listings . . . . . . . . . . . . . . 22 New Escrows Closed . . . . . . . . . . . . . . .2 Median Sale Price . . . . . . . . . . . $725,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .5 . . . . . . . . . . . . . . . . . . . . . . . . $458,000

Saugus New Listings . . . . . . . . . . . . . . . . . . . . 91 Total Active Listings . . . . . . . . . . . . . 130 New Escrows Closed . . . . . . . . . . . . . .82 Median Sale Price . . . . . . . . . . . $599,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 . . . . . . . . . . . . . . . . . . . . . . . . $550,000

Canyon Country New Listings . . . . . . . . . . . . . . . . . . . . 89 Total Active Listings . . . . . . . . . . . . . 121 New Escrows Closed . . . . . . . . . . . . . 75 Median Sale Price . . . . . . . . . . . $552,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .60 . . . . . . . . . . . . . . . . . . . . . . $480,000

Stevenson Ranch New Listings . . . . . . . . . . . . . . . . . . . . 16 Total Active Listings . . . . . . . . . . . . . . 27 New Escrows Closed . . . . . . . . . . . . . 16 Median Sale Price . . . . . . . . . . . $799,900

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 . . . . . . . . . . . . . . . . . . . . . . . . $777,000

Castaic New Listings . . . . . . . . . . . . . . . . . . . . 31 Total Active Listings . . . . . . . . . . . . . . 33 New Escrows Closed . . . . . . . . . . . . . 29 Median Sale Price . . . . . . . . . . . $545,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .29 . . . . . . . . . . . . . . . . . . . . . . . . $565,000

Valencia New Listings . . . . . . . . . . . . . . . . . . . 109 Total Active Listings . . . . . . . . . . . . . 155 New Escrows Closed . . . . . . . . . . . . . 90 Median Sale Price . . . . . . . . . . . $619,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . 122 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120 . . . . . . . . . . . . . . . . . . . . . . . . . . . 105 . . . . . . . . . . . . . . . . . . . . . . . .$574,900

COMMERCIAL REAL ESTATE

HIGHRIDGE CROSSING 28130 - 28166 Newhall Ranch Road

(INDUSTRIAL, OFFICE, RETAIL AND LAND) Retail Buildings

Sq. Ft.

Sale/Lease

Price

GATEWAY VILLAGE 28225 Newhall Ranch Road 28231 Newhall Ranch Road 28233 Newhall Ranch Road 28307 Newhall Ranch Eoad

8090 1500 1500 1275

Lease Lease Lease Lease

$2.50 SF/MO/NNN $3.25 SF/MO/NNN $3.25 SF/MO/NNN $3.25 SF/MO/NNN

COOPER RANCH PLAZA 25170 Rye Canyon Road

2100

Lease

$3.00 SF/MO/NNN

SECO CANYON VILLAGE 27959 Seco Canyon Road 27935 Seco Canyon Road

1600 1210

Lease Lease

$2.50 SF/MO/NNN $2.50 SF/MO/NNN

THE PROMENADE @ TOWN CENTER 27033 McBean Parkway

1695

Lease

$4.25 SF/MO/NNN

DEL RIO CENTER 23001 Soledad Canyon Road 23005 Soledad Canyon Road

1200 1200

Lease Lease

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

1450

Lease

$2.50 SF/MO/NNN

1,200 - 40,000

Lease

Negotiable

PLAZA DEL RANCHO 27674 NEWHALL RANCH ROAD Suite # D 5 SKYLINE PLAZA NWC Plum Canyon/Skyline Ranch Road

REDDY PLAZA (FORMERLY SANTA CLARITA PLAZA) 26811 Bouquet Canyon Road 1,000 - 3,500

Lease

SANTA CLARITA MARKETPLACE 26910 Sierra Highway; Suite # D-2

$1.75 - $2.25 SF/MO/NNN

CENTER POINTE MARKETPLACE 26583 Golden Valley Road CANYON SQUARE 18507 - 18597 Soledad Canyon Road

1,090, 1,825, 2,022, 1,825

Lease

$2.75 SF/MO/NNN

1005

Lease

$2.75 SF/MO/NNN

7,703, 1,292, 975

Lease

$2.00 - $2.50 SF/MO/NNN

Patti Kutschko (Daum Commercial) 661-670-2003 STEVENSON RANCH PLAZA 25802 Hemingway Avenue 25810-25860 Hemingway Avenue

1,200 1,071 - 2,330

Lease Lease

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

Patti Kutschko (Daum Commercial) 661-670-2003, Cole Taylor (Daum Commercial) 661-670-2002 28200 BOUQUET CANYON ROAD Unit A Unit B

3500 900

Lease Lease

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

Casidy Cook (NAI Capital) 818-904-2400 Ext. 1615 PLAZA POSADA 23546 Lyons Avenue 1400 Lease $1.65 SF/MO/NNN 23558 Lyons Avenue 1200 Lease $1.65 SF/MO/NNN Cameron Gray (Daum Commercial) 661-679-2004, Cole Taylor (Daum Commercial) 661-670-2002 LYONS VILLAGE 23242 Lyons Avenue 23226 & 23228 Lyons Avenue

1230 2570

Lease Lease

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

VISTA VILLAGE CENTER 25856 Tournament Road; Unit # K

1446

Lease

$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

1400

Lease

$3.00 SF/MO/NNN

VISTA CANYON Lost Canyon & Sand Canyon

1,200 - 40,000

Lease

Negotiable

CASTAIC VILLAGE CENTER 31810 - 31970 Castaic Road

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

1,000 - 45,000

Lease

Negotiable

1,100 - 10,000

Lease

$3.00 -$3.25 SF/MO/

OLD TOWN NEWHALL PROPERTIES 24357 Main Street 22520 Lyons Ave; Laemmle Theatre Project

1550 2058

Lease Lease

GOLDEN VALLEY PLAZA 26573 Golden Valley Road 26583 Golden Valley Road

783 1005

Lease Lease

TBD TBD

RIVERVIEW PLAZA 19931 Sierra Highway 19935 Sierra Highway 26883 Sierra Highway

1479 2074 1220

Lease Lease Lease

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

STEVENSON RANCH PLAZA 25860 Hemingway Avenue 25836-40 Hemingway Avenue

2330 1,071 - 2,142

Lease Lease

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

LYONS PLAZA 23740 Lyons Avenue

2,000 - 8,500

Lease

$2.00 - $2.50 SF/MO/NNN

NEWHALL CROSSINGS SEC Lyons Avenue & Main Street NNN

John Cserkuti (NAI Capital) 661-705-3551 VALENCIA MART 23154 Valencia Boulevard GRANARY SQUARE 25830-25848 McBean Parkway GOLDEN OAK PLAZA 21515 Soledad Canyon Road CENTRE POINTE MARKETPLACE 26477-26557 Golden Valley Road OLD ORCHARD SHOPPING CENTER 23323 - 23453 Lyons Avenue

1,200 - 10,300

Lease

$1.25 - $2.25 SF/MO/NNN

1,200, 2,800

Lease

$2.50 - $3.50 SF/MO/NNN

4895

Lease

$1.25 - $1.65 SF/MO/NNN

922, 1,022, 1,239

Lease

2,575, 2,280

Lease

$2.00 SF/MO/NNN $1.50 - $3.25 SF/MO/NNN

25710 The Old Road 25710 The Old Road

11,451 4,000 - 11,451

Sale Lease

Not Disclosed $2.00 SF/MO/NNN

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

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

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

SAN FERNANDO PLAZA 23630 Newhall Avenue; Unit C

1000

Lease

$1.50 SF/MO/NNN

SANTA CLARITA LANES PLAZA 21613 Soledad Canyon Road 25057 - 25067 Peachland Avenue 27421 Sierra Highway

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

SUTTER POINT PLAZA 27737 BOUQUET CANYON ROAD Suite # 109 Suite # 112 Suite # 116 Suite # 119 Suite # 123 Suite # 126 Suite # 132/133

Tim Crissman (RE/Max Crissman Commercial Services) 661-295-9300 27630 The Old Road

1,700 – 7,000

Lease

VALENCIA TOWN CENTER 24300 – 24305 Town Center Drive

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 $3.00 SF/MO/NNN

Cody Chiarella (CBRE) 818-502-6730 20655 SOLEDAD CANYON ROAD Suite # 5 Suite # 16 Suite # 24 Suite # 25 SWEETWATER PLAZA 33321 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

Lease

1.75 SF/MO/MG

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540 SANTA CLARITA PLAZA 26111 BOUQUET CANYON ROAD Suite # D003B

3662

Lease

$1.25 SF/MO/NNN

CASTAIC CREEK PLAZA SWC THE OLD ROAD/LIVE OAK ROAD 29435 The Old Road 29465 The Old Road

Lease Lease

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

24777-24890 APPLE STREET 1st Floor Suite # 24876 C

3,000 440

Lease Lease

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

27516 THE OLD ROAD Pad # 1 Pad # 3

2500 3000

Lease Lease

Not Disclosed Not Disclosed

SOLEDAD ENTERTAINMENT CENTER 18710 Soledad Canyon Road

3000

Lease

$2.50 SF/MO/NNN

SIERRA SQUARE 18402 Soledad Canyon Road

829

Lease

$2.00 SF/MO/NNN

1,500 - 8,200

Lease

$1.50 SF/MO/NNN

APPLE VALLEY PLAZA

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

1008 3245

24711 Avenue Rockefeller, Unit C

1560

Sublease

$1.76 SF/MO/FSG

879 576 - 1201

Lease Lease

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

1720 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

2368 7622

Lease Lease

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

6575

Sublease

$1.95 SF/MO/FSG

6077 1610 4520

Sale Sale Sale

$399 SF/$2.4M $410 SF/$660,100 $395 SF/$1.8M

2039 1713 2875 2510 10255

Lease Lease Lease Lease Lease

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

26415 CARL BOYER DRIVE Suite # 220

1231

Lease

$2.85 SF/MO/FSG

SPECTRUM BUSINESS CENTER 28516 Constellation Road

2410

Lease

$1.25 SF/MO/NNN

Sam Glendon (CBRE) 818-907-4616 LYONS VILLAGE 23226-23248 LYONS AVENUE Suite # 216 Suite # 219/220 VALENCIA ATRIUM 28494 WESTINGHOUSE PLACE Suite # 112 Suite # 211 Suite # 303 Suite # 308 TOURNEY PLACE PHASE II 27421 TOURNEY ROAD Suite # 105 Suite # 207 VALENCIA EXECUTIVE PLAZA 27201 TOURNEY ROAD Suite # 115 RYE CANYON BUSINESS PARK 28212 KELLY JOHNSON PARKWAY Suite # 200 Suite # 250 Suite # 165 & # 175 RIVER COURT 25106 AVENUE TIBBITTS Suite # 100 Suite # 101 Suite # 103 Suite # 104 2nd Floor CENTRE POINTE PLAZA

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 OLD TOWN NEWHALL OFFICE 24270 WALNUT STREET 1st Floor 2nd Floor

1000 5694

Lease Lease

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

24262 WALNUT STREET Suite # 1 Suite # 2

325 325

Lease Lease

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

3582

Sale

$418 SF/$1.5M

TOURNEY POINTE 27200 TOURNEY ROAD Suite # 100 Suite # 350 Suite # 410

29679 2785 5081

23822 VALENCIA BLVD. Suite # 200 Suite # 208 Suite # 306 Suite # 306-A Suite # 306-B

1905 2443 2925 1144 1799

$2.00 SF/MO/NNN

1,300 - 2,701

Lease

$1.50 SF/MO/NNN

Lease Lease Lease

$3.00 SF/MO/NNN $1.50 SF/MO/NNN $2.00 SF/MO/NNN

Reena Newhall 661-253-3344

Bruce Powell (Cornerstone Realty Advisors) 661-295-9000 1500 1,500-8,200 2326

Randy Cude (Spectrum Commercial Real Estate) 661-567-1244 BOUQUET SECO PLAZA 26811-A Seco Canyon

808

Lease

$1.50 SF/MO/NNN

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

Office/Commercial Buildings 27413 TOURNEY ROAD

Sq. Ft.

Sale/Lease

Price

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

Kevin Fenenbock (Colliers Int.) 661-253-5204 BANK OF AMERICA TOWER 23929 VALENCIA BOULEVARD Suite # 101 Suite # 415

1427 1750

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 Suites 220/240-3 Suite # 250-3

Lease

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

VALENCIA OAKS

CINEMA PARK 23300 Cinema Drive

150 - 2326

Lease Lease Lease

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

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

18560 Via Princessa 31929 Castaic Road 23300 Cinema Drive

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

Richard Ramirez (CBRE) 818- 907-4639, Craig Peters (CBRE) 818- 907-4616

Ron Berndt (Daum Commercial) 661-670-2000, Patti Kutschko (Daum Commercial) 661670-2003

PLAZA CLARITA 25835 - 25845 Railroad Avenue

Lease Lease

Tim Crissman (RE/Max Crissman Commercial Services) 661-295-9300 1500 2000

31929 CASTAIC ROAD 1st Floor

Suite # 140 Suite # 150

SUMMIT AT VALENCIA 29839 1982 2606 3071 1368 1564 4439 2932 6003 11914 3130 1494 4624 5596

Kevin Fenenbock (Colliers Int.) 661-253-5204, John Erickson (Colliers Int.) 661- 253-5202

REBEL PROFESSIONAL CENTER 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 25060 AVENUE STANFORD Suite # 100 Suite # 155 Suite # 260 26326 Citrus Street

18252 1342 2973 2191

Lease Lease Lease Lease

$2.15 SF/MO/FSG $2.15 SF/MO/FSG $2.15 SF/MO/FSG $2.25 SF/MO/MG

John Erickson (Colliers Int.) 661-253-5202, Chris Erickson (Colliers Int.) 661-253-5207 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 WESTRIDGE EXECUTIVE PLAZA 26650 THE OLD ROAD Suite #105 Suite #200 Suite #203 Suite #206 Suite #300

3060 2399 1892 3211 21720

Lease Lease Lease Lease Lease

$2.75 SF/MO/FSG $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

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

25154 SPRINGFIELD COURT Suite # 170

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 1835 2503

Lease

$2.85 SF/MO/FSG

Lease Lease

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

VTC IV 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 340 Suite # B 130 Suite # B 215 Suite # B 220 Suite # B 225

1346 2186 2206 1088 764

Lease Lease Lease Lease Lease

$1.85 SF/MO/FSG $1.85 SF/MO/FSG $1.85 SF/MO/FSG $1.85 SF/MO/FSG $1.85 SF/MO/FSG

50351

Lease/Sale

$2.85 SF/MO/FSG;

1,459 - 18,531

Lease

$2.75 SF/MO/FSG

Rexford Valencia Business Center 28159 AVENUE STANFORD Unit #110 Unit #250

3388 6431

Lease Lease

$1.97 SF/MO/MG $1.97 SF/MO/MG

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

4486

Lease

$2.65 SF/MO/FSG

RYE CANYON BUSINESS PARK

$1.00 SF/MO/FSG $1.00 SF/MO/FSG

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

Lease Lease

Not Disclosed Not Disclosed

Randy Cude (Spectrum Commercial Real Estate) 661-567-1244 HERITAGE OAK 24961 THE OLD ROAD Suite # 101 Suite # 104

1689 1432

Lease Lease

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

Matt Sreden (Spectrum Commercial Real Estate) 661-567-1243, Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540 21505 CENTRE POINTE PARKWAY Suite #A

3,375 - 6,400

Lease

$2.50 SF/MO/MG

Matt Sreden (Spectrum Commercial Real Estate) 661-567-1243 29021 AVENUE SHERMAN Suite # 101 31519 Castaic Road

2662 - 3,571 1228

Lease Sale

$1.50 SF/MO/FSG $6.72 SF/$825,000

THE LYONS BUILDING 22777 LYONS AVENUE Suite # 105 500 Lease Not Disclosed Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Andrew Ghassemi (Spectrum Commercial Real Estate) 661-567-1241 Canyon Business Center 18335-18345 Sierra Highway Suite # 21 1000 Lease $1.25 SF/MO/MG

Randy Cude (Spectrum Commercial Real Estate) 661-567-1244, Alan DiFatta (Spectrum Commercial Real Estate) 661-567-0012 APPLE VALLEY PLAZA 24777-24890 APPLE STREET 1st Floor Suite # 24876 C

3000 440

Lease Lease

$1.50 SF/MO/NNN $1.25 SF/MO/NNN

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

125 SF - 1000 SF

Lease

Rent withheld

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 Suite # 250 Suite # 165 & # 175

6077 1610 4520

Sale Sale Sale

Not Disclosed Not Disclosed Not Disclosed

2368 7622

Lease Lease

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

1231

Lease

$2.55 SF/MO/FSG

TOURNEY PLACE PHASE II - BUILDING 5 27421 TOURNEY ROAD Suite # 105 Suite # 207 CENTRE POINTE PLAZA

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

$2.30 SF/MO/MG $2.15 SF/MO/MG

Randy Cude (Spectrum Commercial Real Estate) 661-567-1244 28114 Witherspoon Parkway

64,450

Lease

$0.74 SF/MO/NNN

3913

Lease

$1.95 SF/MO/NNN

Nigel Stout (JLL) 818-631-2068

Bruce Powell (Cornerstone Realty Advisors) 661-295-9000 1,588

Sale

$350 SF / $555,800

Kevin Tamura (Daum Commercial) 661-670-2001, Cole Taylor (Daum Commercial) 661670-2002 LYONS PLAZA 23502- 23504 Lyons Avenue

1,320 - 5,710

Lease

$1.85 SF/MO/FSG + J

VALENCIA FINANCIAL CENTER 23734 Valencia Boulevard 28097 Smyth Drive, Suite B

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

PLAZA POSADA 23542- 23560 Lyons Avenue

31905 CASTAIC ROAD 1st Floor 2nd Floor

BOUQUET SECO PLAZA 26781 Bouquet Canyon Rd

Richard Ramirez (CBRE) 907-4639 28212 KELLY JOHNSON PARKWAY Suite 280

Lease Lease

CASTAIC LAKE PLAZA

26415 CARL BOYER DRIVE Suite # 220

Richard Ramirez (CBRE) 818-907-4639 VALENCIA CORPORATE PLAZA 28480 Avenue Stanford $315 SF/$15.9M 28470 Avenue Stanford

860 1510

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

David Solomon (CBRE) 818-907-4628, Matthew Heyn (CBRE) 818-907-4619 24200 MAGIC MOUNTAIN PARKWAY Suite # 120 (can combine suites 120 and 130) Suite # 130 (can combine suites 120 and 130) Suite # 135

25050 AVENUE KEARNY Suite # 108 Suite # 212

Land (Commercial, Industrial & Retail) Acres Ridge Route Highway Ridge Route Highway 21613 Soledad Canyon Road

20 40 43560

Sale

Price

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

Jim Ebanks (Realty Advisory Group) 661-702-8880 x 12, Lauren Hunt (Realty Advisory Group) 661-702-8880 x 18 3840 Crown Valley Road 20521 Roy Drive

113 51,697

Sale Sale

$0.35 SF/$1.7M $19.37 SF/$989,000

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

Randy Cude (Spectrum Commercial Real Estate) 661-567-1244, Alan DiFatta (Spectrum Commercial Real Estate) 661-567-0012

27819 Smyth Drive

Soledad Canyon Road/Camp Plenty NEC Bouquet Canyon Road & Plum Canyon Road NWC Bouquet Canyon/Madrid Road

1871

Lease

$1.85 SF/MO/FSG + J

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

22 1.86 3.71

Sale Sale Sale

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

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

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

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

Sale

$39.00 SF/$9.4M

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

5.5

James Ebanks (Realty Advisory Group Inc.) 661-702-8880 x 12, Lauren Hunt (Realty Advisory Group Inc.) 661-702-8882 x 18 NEWHALL CREEK Railroad Avenue & Wiley Canyon Road 17559 Sierra Highway 28141 Kelly Johnson Parkway

2.76 7.05 19,136 SF

Sale Sale Lease

$18.30 SF/$2.2M $7.33 SF/$2.2M $0.35 SF/MO

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 Centre Pointe Parkway APN# 2836-018-033

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 29003 Avenue Sherman 28777 Witherspoon Pkwy, Suite A (IAC)

Lease/Sale

Price

Lease Sublease

$0.73 SF/MO/NNN $0.70 SF/MO/NNN

68123 53750

Craig Peters (CBRE) 818-907-4616

8098 8241 16339

Lease Lease Lease

$1.20 SF/MO/MG $1.20 SF/MO/MG $1.15/MO/MG

2566 12132 5045

Lease Lease Lease

$1.10 SF/MO/NNN $0.95 SF/MO/NNN $1.10 SF/MO/NNN

46778 24517

Lease Sale

$0.79 SF/MO/NNN $149.00

Craig Peters (CBRE) 818-907-4616 27520 Avenue Hopkins, Unit F 25028 Avenue Kearny 28347 Constellation Road

Richard Ramirez (CBRE) 818-907-6745 28510 W. Industry Drive 25230 Avenue Stanford

Sam Glendon (CBRE) 818-502-6745, Craig Peters (CBRE) 818-502-6795 24830 Avenue Rockefeller

14,281

Lease

$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 28296 Constellation Road 28396 Constellation Road 28396 Constellation Road 26450 Ruether Ave 26370 Diamond Pl 25371 Rye Canyon Road

1706

Lease

$1.30 SF/MO/IG

25020 AVUENUE STANFORD Suite 70 Suite 110

2815 2907

Lease Lease

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

26074 AVENUE HALL Unit 3 Unit 11 Unit 13 28408 Industry Dr 25215 Rye Canyon Road

4511 3118 3070 8300 12024

Lease Lease Lease Lease Lease

$1.15 SF/MO/IG $1.15 SF/MO/IG $1.15 SF/MO/IG $0.98 SF/MO/NNN $0.95/SF/NNN

John Erickson (Colliers Int.) 661-253-5202, Chris Erickson (Colliers Int.) 661-253-5207 27525 NEWHALL RANCH ROAD Unit # 1

11724

Sale

$225 SF/$1.7M

5,831 3,180 3,180 2,153 943 12,500

Sale Lease Sale Lease Lease Sublease

$285 SF/$1.6M $1.10 SF/MO/NNN $291 SF/$925,380 Not Disclosed $1.20 SF/MO/NNN $0.82 SF/MO/NNN

DISCOVERY GATEWAY SPECTRUM PHASE II 28368 CONSTELLATION ROAD Suite # 340

3,770

Sale

$299 SF/$1.1M

SPECTRUM BUSINESS CENTER 28516 Constellation Road

2,410

Lease

$1.25 SF/MO/NNN

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Andrew Ghassemi (Spectrum CommercialReal Estate) 661-567-1241, Matt Sreden (Spectrum Commercial Real Estate) 661-567-1243 1,370

Lease

$2.35 SF/MO/MG

Lease

$0.80 SF/MO/NNN

Chris Jackson (NAI) 818-933-2368, Todd Lorber (NAI Capital) 818-933-2376 28220 Industry Drive

93519

Lease

$0.72 SF/MO/NNN

Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607 28875 Industry Drive 28839 Industry Drive 28851 Industry Drive 28839-51 Industry Drive 27811 Hancock Parkway, Unit A 24715 Avenue Rockefeller 25700-25702 Rye Canyon Road

8,822 SF 15,986 SF 14,256 SF 30,242 SF 54,304 SF 11,025 SF 37,650 SF

Sublease Lease Lease Lease Sublease Lease Sale

$1.09 SF/MO/G $0.87 SF/MO/NNN $0.87 SF/MO/NNN $0.79 SF/MO/NNN $0.72 SF/MO/NNN $1.09 SF/MO/G $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 25161 Rye Canyon Loop 10215

Lease

$0.60 SF/MO/NNN

Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607 BERNARDS CENTRE POINT PARK 26370 Ruether Avenue

2680

Lease

$1.15 SF/MO/MG

24907 AVENUE AVENUE TIBBITTS Unit C

7050

Lease

$1.00 SF/MO/MG

Tim Crissman (ReMax/Crissman Commercial Services) 661-295-9300 173000 134287

Lease Sub-Lease

$0.65 SF/MO/NNN $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 26846 Oaks Ave, Unit F & G, Canyon Country

2000 4000

Lease Lease

$1.05 SF/MO/MG $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 26320 Diamond Place #160

2332 2332

Lease Lease

$1.15 SF/MO/NNN $1.15 SF/MO/NNN

Pamela Verner (SCV Commercial Real Estate Services) 661-714-5271 26541 Ruether Avenue

8,000

Lease

$0.95 SF/MO/MG

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

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

Sq. Ft.

Sale/Lease

Price

16,000 - 209,559

Sale/Lease

TBD

Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607 Gateway V NNN; Sale price undisclosed

50,743-105,047

Lease

VCC; WEST OF I-5/N OF HIGHWAY 126 27788 Hancock Parkway 50930 Lease 27736-27772 Hancock Parkway 2,507 - 16,545 (Showroom) Lease

$0.74 SF SF/MO/

$0.77 SF/MO/NNN $1.30 SF/MO/NNN

Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607 IAC Commerce Center (Phase 2)

7513

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540

28035-28045 Smyth Dr

25061 Avenue Stanford, Suite 110

28545 Livingston Avenue 28454 Livingston Avenue

REXFORD VALENCIA BUSINESS CENTER 28159 AVENUE STANFORD Unit #175 Unit #180 Units #170 & #185

S E P T E M B E R 2019 Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Matt Sreden (Spectrum Commercial Real Estate) 661-567-1243

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)

Future Office Projects MONTICELLO SQUARE (OFFICE & RETAIL) 26701 McBean Parkway office: $3.50 NNN for retail

Sq. Ft.

Sale/Lease

Price

10000

Lease

$2.75 MMM for

VISTA BUSINESS CANYON (OFFICE AND RETAIL)

27651 Lincoln Place

57000

Lease

TBD

TOURNEY PLACE (BUILDING 6) 27335 Tourney Road

45675

Lease

$2.95 SF/MO/FSG

Richard Ramirez (CBRE) 818-907-4639, Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607 25421 Orchard Village Road (Medical)

41,210

Lease/Sale

TBD

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

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WHAT’S BEHIND YOUR MISSING PROFITS? won’t execute need to go to work for your competition.

KEN KELLER SCVBJ Contributor

I

f the employees in your company understand the value they bring to the business, they’ll be more engaged. If any employee is engaged, they are more productive.

A company filled with productive employees will make more money.

This column is not about sharing your financials. It is about why your company is nowhere near as profitable as it could be, and what you can do about what I call your missing profits.

REVENUE GENERATION There are only three ways to improve or grow top-line revenue. The first is to increase the number of customers. The second is to increase the number of transactions and the third is to increase the transaction amount.

The best-led companies have goals, strategies and tactical programs to address each of these drivers simultaneously. It’s easy to fall into the trap of chasing new customers but failing to take action on all three drivers will hinder revenue growth.

EXECUTION: STRATEGIC AND TACTICAL FOCUS Having goals, strategies and plans are wonderful, but unless the action plans are focused on what needs to happen daily, not much will change.

The best-run companies execute and adjust as needed; poorly run companies fail to get things done and wonder why nothing changes.

When creating strategies, it is important to take into account the company’s track record of successful execution. In business, execution is reality and failure to take action exposes what is truly happening, or not happening in the company. My belief is that people who can’t or

GROSS AND NET PROFIT MARGINS This is all about how a company creates and keeps money. A good gross profit margin means that the company delivers its products and services in a disciplined manner.

Having solid net-profit margins means the company is holding down the never ending urge to increase overhead.

Tracking and forecasting margins means that the management team isn’t always looking in the rear view mirror to address the issues of today and tomorrow.

CASH FLOW Simply put, this is the relationship between when money comes in and when it goes out. Cash is king and something that needs to be tracked regularly. Never forget that many companies have gone out of business with a strong revenue stream.

COST STRUCTURE Knowing your cost of goods helps you calculate how to make money.

Understanding the cost structure of your company, both direct and overhead expenses, helps you know where you can keep your money and not spend it. How? It helps you to know what it costs to run your business.

The better run companies educate their employees on how they impact costs. It’s also helpful to teach your staff about how volume, price and cost can impact costs, both from a buying and selling perspective.

All this leads to having employees comprehend and align to the fact that making a profit in business is a challenge.

CUSTOMER SATISFACTION Having exceptional service starts with having exceptional employees.

As the leader, it is your responsibility to help your employees connect the dots between what they need to do to provide excellent service to creating excellent profits. I believe in the concept of “Servant Leadership,” and will state that it is your job, your responsibility, to take care of your employees so they may take care of your customers.

STAFF VOLTAGE: ENGAGEMENT AND ENERGY You can feel it whenever you

visit a place of business: the energy level of those that work there. The voltage reflects not just the energy but the enthusiasm of those on the payroll.

There is a direct correlation between engaged employees that care about your customers and those employees who are just putting in the time.

PRODUCT AND SERVICE QUALITY The quality of what you sell can leverage your margins in a positive way. You want to be known in the customer’s mind as someone who provides value over and above the price, because what you deliver impacts your customer’s success. Also, high quality and value supports your ability to take price increases.

COMPANY INNOVATION This isn’t so much about creating new or new and improved products as it is about simply finding ways to improve how you do business.

Innovation can come into play by reducing the sales cycle; reducing order processing and delivery times, improving how your employees communicate with your customers.

Innovations may cost very little to create or implement but can pay tremendous dividends in customer loyalty.

As the leader of your company, it is your duty to raise awareness that the ability to impact the bottom line is the responsibility of each and every employee you have on the payroll.

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

He 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.

Your business deserves to have a little LYFE Founded in 2004, LYFE NETWORKS is the premier computer solution provider in Southern California.

GIVING BACK TO SCV We aren’t always thankful for the lives we are given. I for one thank SCV and the businesses for giving us a good home for 17 years. Until October 31st, I will do the following: We will offer you two free 1 hour evaluations.

In addition, we will price match your current service contract with the same options at the same price but with exceptional service PLUS give an additional 5% discount on monthly rates.

“We’re Gonna Fix It!”

Managed Computer Support | Data Backup and Recovery Voice over IP | Cabling | Buildout and Design | Consulting Servicing Santa Clarita, Antelope Valley, Los Angeles, and Orange County

30 · 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

S E P T E M B E R 2019

THE LIST: M OVIE R ANCHES , S OUND S TAGES NAME

ADDRESS

PHONE

WEBSITE

CONTACT

ACRES/ # OF STAGES

Avenue Scott Stages

27420 Ave. Scott Santa Clarita, CA 91355

(213) 534-3456

hollywoodlocations.com

Sophie Bennett

2 stages for a total of 78,000 sq ft

Blue Cloud Movie Ranch*

20019 Blue Cloud Rd. Santa Clarita, CA 91350

(661) 510-6873

bluecloud.com

Frank Gardner

250 acres *Movie Ranch Overlay Zone Property

Diamond V Ranch*

28100 Haskell Canyon Rd Santa Clarita, CA 91322

(661) 212-8047

veluzat.com

Marcel Veluzat

50 acres *Movie Ranch Overlay Zone Property

Golden Oak Ranch

19802 Placerita Canyon Rd. Newhall, CA 91321

(661) 259-8717

goldenoakranch.com

Steve Sligh

890 acres 12 proposed stages for a total of 240,000 sq ft

Lifton Institute for Media Arts & Sciences (LIMS)

27567 Fantastic Ln. Castaic, CA 91384

(844) 433-5467

limsla.com

Jimmy Lifton

6 stages for a total of 45,620 sq ft

Melody Ranch Motion Picture Studio

24715 Oak Creek Ave. Newhall, CA 91321

(661) 259-9669

melodyranchstudio.com

Candy Veluzat

22 acres, 3 stages for a total 41,200 sq ft Placerita Canyon Special Standards District Overlay Zone Property No city film permit required;L.A. County Fire approval/permit required

Polsa Rosa Ranch

5726 Soledad Canyon Rd. Acton, CA 93510

(805) 368-9029

polsarosaranch.com

Margie Vodraska

750 acres

Rancho Deluxe*

16030 Placerita Canyon Rd. Santa Clarita, CA 91387

(661) 733-5739

aranchodeluxe.com

Steve Arklin, Jr.

200 acres *Movie Ranch Overlay Zone Property

Rustic Oaks Ranch

23708 La Salle Canyon Rd. Santa Clarita, CA 91321

(661) 510-0712

rusticoaksranch.com

Mike Stuart

42 acres

Sable Ranch/Rancho Maria*

25933 Sand Canyon Rd. Santa Clarita, CA 91387

(661) 252-9751

ranchomariasableranch.com

Derek Hunt

400 acres *Movie Ranch Overlay Zone Properties

Sanna Ranch

9927 1/2 Soledad Canyon Rd, Santa Clarita, CA 91390

(661) 678-5520

no website at this time

Tom Ybarra

64 acres

Santa Clarita Studios

25135 Anza Dr. Santa Clarita, CA 91355

(661) 294-2000

sc-studios.com

Mike DeLorenzo

16 stages with more than 400,000 sq ft

SOS Filmworks/Agua Dulce Movie Ranch, Inc.

34855 Petersen Rd. Agua Dulce, CA 91390

(661) 251-2365

sosfilmworks.com

William Fix

348 acres

Valencia Studios

26030 Avenue Hall Santa Clarita, CA 91355

(513) 702-5110

valenciastudios.com

Susie Burr

6 stages for a total of 73,500 sq ft

SCV CHAMBER ANNOUNCES RETAIL WALKS PROGRAM

BY BRENNON DIXSON Signal Staff Writer

T

he Santa Clarita Valley Chamber of Commerce is launching its Retail Walks program this fall in an effort to connect elected leaders directly with local retail owners across the Santa Clarita Valley.

The Retail Walks program will be driven by the chamber’s Small Business Council, so local retailers can speak on the important issues facing retailers and learn about the support services and opportunities offered by the SCV Chamber, city of Santa Clarita and Los Angeles County “The SCV Chamber has been working to formulate our new Retail Walks program, which will allow chamber members and elected

officials to walk local retail areas throughout the Santa Clarita Valley and meet with shop owners and managers,” Nancy Starczyk, chair of the SCV Chamber board of directors, said in a news release.

The Retail Walks program is scheduled to begin in October, according to chamber officials, and will focus on retail areas in each of the various local communities including Canyon Country, Castaic, Newhall, Saugus, Stevenson Ranch and Valencia.

“We’re looking to do it with the elected officials to get them more connected to the business community,” said Peter Warda, vice president of Evolve Business Strategies.

“It’s to bring them closer to business owners, because small business does make up a good portion of the Santa Clarita Valley.”

The Santa Clarita Valley Chamber of Commerce’s new Retail Walks campaign is being led by the chamber’s Small Business Council.

COURTESY PHOTO JOIE DE VIVRE PHOTOGRAPHY

The idea is that each member of the Small Business Council is matched to an area so they can get a sense of what the business community is thinking and what can be improved.

“We want to keep businesses out here and we want to keep them going so if there’s something that needs to be worked out to make the area more

business-friendly, then we want to hear,” Warda added Monday.

Specific businesses have not been chosen for visits, but the Retail Walks program will likely focus on retail centers like Main Street in Newhall, according to Warda.

Residents should contact the SCV Chamber at hello@scvchamber.com or 661-7026977 for more information.

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AEROSPACE & DEFENSE FORUM TO LAUNCH SCV CHAPTER

BY TAMMY MURGA Signal Staff Writer

L

ocal leaders in aerospace and defense will now have a place to connect and share information about the industry with the launch of the Santa Clarita Valley chapter of the Aerospace & Defense Forum.

“We’re super excited about this and we’re glad to bring an additional level of support to one of our largest industries in the Santa Clarita Valley,” said Holly Schroeder, president and CEO of the SCV Economic Development Corp., which is sponsoring the launch.

The Aerospace & Defence Forum, with seven other chapters located across Southern California, Arizona and Texas, is a leadership community that “provides opportunities for sharing of information, current events, and analysis, mutual support

Certified soldering and cable assembly technicians assemble cable connectors on the manufacturing floor at Cicoil in Valencia. A new forum is being launched by the Santa Clarita Valley Economic Development Corp. PHOTO BY DAN WATSON / THE SIGNAL and encouragement, partnering, innovation, and performance breakthroughs,” according to its website.

The chapter’s first meeting is scheduled for Sept. 19 from 7-9 a.m. at the Dr. Dianne G. Van Hook

University Center at College of the Canyons, located at 26455 Rockwell Canyon Road. The topic in focus is “Human Exploration: From the Moon to Mars,” with Humphrey Price, chief engineer of NASA’s robotic Mars Exploration Program.

The steering committee includes 15 business leaders such as Schroeder, Tom Mundy, president at Superior Thread Rolling; Carol Marinello, president of TA Aerospace; and Rob Gleason, executive director at ITT Inc. The chapter is scheduled to meet on the third Thursday of every month, with upcoming topics to include cybersecurity, supply chain and financing, according to Schroeder.

“There are other forums for engineers to get together and for finance and human relations people but there’s not a place for CEOs and general managers to get together and discuss what it means to run an operation in the aerospace and defense industry,” she added.

For more information visit, scvedc.org/ adf.

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32 · 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

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FOUR QUESTIONS

PAMELA VERNER

development, and parking structure along with several new restaurants, breweries and wine bars have brought opportunities for not only the commercial real estate industry, but the tenants, as well.

Pamela Verner joined SCV Commercial Real Estate in 2007. Her prior experience includes more than 12 years working in escrow handling high volume commercial and residential escrows.

2. Santa Clarita has recently looked at several business-friendly changes, including raising the ceiling for construction to securing better Internet options. How impactful are these changes in your industry?

Access to high-speed internet, increased ceiling height for industrial property, and additional stories for office buildings is important to the growth of our business community, both for recruiting new businesses to the area and to help with the growth of our existing businesses.

More options for high-speed Internet have been something this valley has needed for quite some time. With the recent contract awarded to Crown Castle Fiber LLC, we hope that this will be a huge benefit to our local economy.

1. Your company’s site notes you’ve been involved in the commercial real estate industry for about two dozen years — what significant changes have you noted in the local market in your experience here?

With the city’s attempt to balance housing and jobs, we have seen an increase in industrial parks, office buildings and retail centers.

Most notable have been Centre Pointe and the Commerce Center and more recently the Needham Ranch and Vista Canyon projects. With the continued support, leadership and outreach of the SCV Chamber of Commerce, the Valley Industrial Association and the SCV Economic

PHOTO COURTESY OF SCHLICKART PHOTOGRAPHY AND VIDEO STUDIO Development Corp. there has been increased awareness of our market from industries such as aerospace, bioscience, and manufacturing as well as filming, entertainment and retail.

Old Town Newhall is quickly becoming a destination spot. The new Laemmle Theater, Newhall Crossings

3. What are some of the challenges that exist in the local market, and how are commercial real estate agents working to overcome them?

Our biggest challenges right now are low inventory and high prices.

Both lease rates and sale prices are at an all time high. Vacancy rates, especially in the industrial market, can

be misleading. A few 100,000-squarefoot buildings on the market can make the vacancy rates appear high, when in fact there are few options for smaller users.

Keeping a close eye on inventory, working closely with other commercial real estate brokers, allowing sufficient time to locate a property, and offering creative suggestions for space are some of the ways we help our clients find a property that suits their needs.

4. What do you focus on from a marketing perspective as the SCV’s biggest selling points when you try to bring clients from out of the area to the SCV? The city of Santa Clarita has earned its place as one of the top business-friendly cities due to a vast qualified local workforce, its close proximity to the Los Angeles area and its pro-business environment.

The overall cost of doing business in the city of Santa Clarita significantly lower compared to the City of Los Angeles. In addition, SCV is a great area to raise a family due to its outstanding school system and its ranking as one of the safest cities.

For more information about SCV Commercial Real Estate Services, visit scvcommercial.com, or contact 661-7145271.

JULY HOME SALES FUELED BY LOWEST RATES IN YEARS

BY SANTA CLARITA VALLEY BUSINESS JOURNAL STAFF

A

total of 263 single-family homes changed owners during July, an increase of 22.3% from a year ago and the highest monthly total since June 2018, the Southland Regional Association of Realtors reported.

The total was up 11% from June, and reflected the fact that interest rates on home loans are at their lowest point in more than three years. “Buyers know that rates have been low for months,” said Amanda Etcheverry, the 2019 chair of the Santa Clarita Valley Division of the Southland Regional Association of Realtors. “What’s remarkable is that they appear to be holding steady and in recent weeks dipped even lower, offering buyers an unprecedented window of opportunity. “The low rates offset some of the impact of prices that have risen to a point

“July was the first month to show a drop in the inventory after 13 consecutive monthly increases compared to the prior year. A total of 606 homes and condominiums were listed for sale at the end of July, down 9.8% from a year ago.” where affordability concerns complicate most sales and shrink the pool of prospective buyers at nearly every price point,” she said.

Condominium sales totaled 81 during July, down 10% percent from a year ago, yet up 11% from this June. The median price of condos that changed owners last month came in at $409,500, up 8% from July 2018, yet below the record high of $415,000 that was set this June.

The single-family median price — meaning half sold for more and half

for less — was $630,000. That was up 5% from July 2018, yet was 2% below the record high of $643,000, which came in April 2006. “Good thing low interest rates are giving buyers a strong incentive,” said Tim Johnson, the association’s chief executive officer, “because the local inventory has tightened again after showing signs earlier this year it might grow.”

July was the first month to show a drop in the inventory after 13 consecutive monthly increases

compared to the prior year. A total of 606 homes and condominiums were listed for sale at the end of July, down 9.8% from a year ago.

At the current pace of sales, that total represented a 1.8-month supply, the lowest supply since June 2018.

Pending escrows — a measure of future activity — totaled 357, up 15.9% from a year ago. With a limited inventory, it’s not surprising that there have been few distressed sales. There were zero condominium distressed sales during July and only two foreclosure-related transactions involving single-family homes.

Fully 97.7% of the combined 344 transactions were standard sales involving traditional buyers and sellers.

The Southland Regional Association of REALTORS® is a local trade association with more than 10,300 members serving the San Fernando and Santa Clarita valleys. SRAR is one of the largest local associations in the nation.

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5 SIGNS YOUR CONTRACTOR IS SCAMMING YOU RANDAL WINTER Founder of Randal G. Winter Construction

W

ay too many people get swindled by contractors each year. It’s appalling and it’s unnecessary. Take note of these 10 signs so you can avoid getting scammed by a fraudulent contractor!

1. Provided a low-ball offer If one quote came back much lower than the rest, it’s most likely a scam. The individual who provided the low bid will take the money and run, or they will tack on additional fees during the course of construction.

2. Requested a large upfront deposit Some projects may need a sum of money upfront to buy materials. If the contractor is asking for more than 10 percent of the total cost of the job, beware.

3. Asked for cash payment If your contractor has requested to be paid with cash or they’ve offered an incentive to get you to pay with cash, consider this a warning. Cash means they likely aren’t paying taxes and they likely aren’t paying for insurance.

4. Offered free or discounted material due to excess Many con artists will knock on doors, stating that they just finished work at a neighbor’s house, and they have extra

material that they can install for you for a low price. It’s possible that a reputable contractor might do this. However, it’s unlikely that a reputable contractor would have excess materials because they are usually very careful about estimating their materials.

5. Suggested no-license price-break Do not choose a contractor that does not have a license or insurance. Without insurance, you could be liable for any injuries that may occur on your property. The fees would far outweigh whatever savings you were hoping to enjoy.

When it comes to large construction projects for your home or commercial property, you need to work with someone you can trust.

Randal G. Winter Construction has been serving the Santa Clarita Valley and surrounding communities with reliable, high-quality service and craftsmanship for nearly 40 years.\ We offer architecture, design and planning services that help our customers maximize space, enhance living quarters, improve living conditions, expand working areas, develop open spaces and save energy. If you would like to learn more about finding a good contractor, order a copy of Randy Winter’s book, “How to Select the Right Home or Building Contractor,” which is available on Amazon.

Call Randal G. Winter Construction today for a free consultation at 661-2397173 or visit www.RGWinter.com. CA Contractors Lic No. 395715.

SANTA CLARITA TO PAIR UP BUSINESS LEADERS, THE ARTS

BY SANTA CLARITA VALLEY BUSINESS JOURNAL STAFF Creative Connection, a new city program, is matching 10 arts and culture nonprofit board members with 10 local business executives for the next year in order to better support the arts in Santa Clarita.

Hosted at The MAIN, monthly workshops will support the program and cover a range of topics, including nonprofit governance, board culture, financial sustainability and fundraising.

The workshops will be presented by a variety of subject-matter experts who are leaders in social justice, education, cultural infrastructure, advocacy, communication and policy, according to city of Santa Clarita officials. Jointly participating in the workshops, nonprofit board members will be matched with business executives to network and cross-pollinate ideas for organizational development and capacity building.

Participants in the Creative Connection are invited to monthly sessions that feature presentations, discussions, exercises and networking activities.

The program curriculum is designed to develop leadership and educate fellows in nonprofit board service principles such as executive problem solving, strategy and oversight, according to Carrie Lujan, city of Santa Clarita spokeswoman.

These sessions are designed to deepen participants’ knowledge, empower them to take action, and foster the formulation of strong bonds with other professionals in the city.

Together, both the nonprofit organizations and fellows participate in joint sessions to cover shared topics, network and cross-pollinate ideas for advocacy.

The idea behind the program is “capacity building,” as part of a strategic collaboration between the city of Santa Clarita’s Arts and Events Division and the Arts Commission to implement a leadership training for business executives (fellows) to prepare for board services with arts organizations. Capacity building refers to any improvements that allow an organization to better fulfill its mission.

There are a few objectives, according to city of Santa Clarita officials: enhancing and promoting arts within

The city’s new program for the arts is meant to assist in the management of nonprofit organizations that support the arts in the Santa Clarita Valley. SIGNAL PHOTO the local community; building arts capacity through professional development; collaboratively, improving organizational performance; and management strategies.

The 10-month program recognizes the importance of arts-based partnerships and seeks to strengthen opportunities that allow an organization to

better fulfill their mission.

The curriculum focuses on leadership, planning, coaching, implementation and mobilization of arts advocacy initiatives in the Santa Clarita Valley to strengthen nonprofit arts organizations and to provide professional development opportunities.

34 · 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

S E P T E M B E R 2019

DISCUSSING DIVERSITY, NOT DIVISIVENESS PAUL BUTLER Signal Contributing Writer

O

ne of the many aspects of living in California, which my wife and I enjoy, is the cultural diversity of this beautiful state. We enjoyed this diversity on Saturday evening when we shared dinner with two other couples — each bringing a dish or two representative of our country of origin or cultural heritage. Our hosts were of South Korean descent, and our other friends were Vietnamese and Italian.

Born and raised in England we thought it only fit and proper to bring to the table two quintessentially British dishes — “Toad in the Hole” and “Spotted Dick.” Once our friends stopped giggling, they gave our fare a try. After dinner, we even had a game of “Conkers,” but that’s another story!

Saturday night also reminded me that one of the many aspects we enjoy about living in the United States is that our friends don’t see themselves as Korean, Vietnamese or Italian anymore. Slowly but surely, Gaynor and I don’t see ourselves as English anymore — like our feasting friends, we now all see ourselves as Americans. Yes, we may have been born somewhere else.

Yes, we may have traditions and ways of seeing the world, which are

Saturday night also reminded me that one of the many aspects we enjoy about living in the United States is that our friends don’t see themselves as Korean, Vietnamese or Italian anymore. Slowly but surely, Gaynor and I don’t see ourselves as English anymore — like our feasting friends, we now all see ourselves as Americans. different to those around us, but we’re Americans. Therein lies the essence of this imperfect but wonderful experiment called the United States of America — that from many nations came one, which is what we see in Latin within the Great Seal of the United States: “E pluribus unum.”

In today’s workplace, a hot topic is the issue of cultural diversity and tolerance for all — but I have found when taken to the extreme, it can be incredibly divisive. Why do so many human resource people feel the need to focus on the differences between us? Shouldn’t we be celebrating that which we have in common to get our work done?

On Saturday night, we enjoyed chin-wagging about our place of birth or cultural nuances, but soon the conversation switched to our love of the United States and why we like living in Southern California, especially the city of Santa

Clarita. We spoke about the joys and trials of our respective marriages. We shared stories of the highs and lows of parenting in today’s upside-down and ever-changing world. We laughed. We reminisced.

We spoke of aging parents and lost loved ones. As six individuals, we found we had far more in common than we initially thought.

Human resource departments around the world are the dinner party hosts. They have a duty to create the right environment for all employees to thrive so they can make their very best contribution at work. People are people and all people at work want, is the ability to earn money to provide for the needs and wants of themselves and their families. Of course, we want the workplace to be safe and free from racism, sexism or anything that causes hostility — that’s a given.

Where I believe some human resource officers are overextending their reach is to force-feed some people with food they don’t want to eat — they encourage employees

almost through subtle indoctrination to adhere to a diet of diversity, tolerance and acceptance of other personal choices, which has nothing to do with the work that needs to be done.

On Saturday evening, we had some leftovers partly because there was just too much food but also because not all dishes were appealing to each of us. Coming together to get to know each other better was the purpose of the evening and secondarily it was for the dishes we shared. Likewise, our work is our work and although we need to be cordial and respectful to all, it doesn’t mean we should be forcefed food which doesn’t agree with us.

Paul Butler is a Santa Clarita resident and a client partner with Newleaf Training and Development of Valencia (newleaf-ca.com). The views and opinions expressed in this article are those of the author and do not necessarily represent those of The Signal newspaper. For questions or comments, email Butler at paul. butler@newleaf-ca.com.

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