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
JULY 2019 | VOL.11 | NO.07 | SCVBJ.COM
DRAWN TO
MAKING CHANGE From the Experts:
20
IS YOUR COMPANY RECESSION-PROOF?
28
THE LIST: THE SCV’S LARGEST FIRMS
2 · 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
J U LY 2019
C O N T E N T S COVER STORY
8 A drawing board for ‘Heroes’
NEWS & FEATURES 6 15 21 29
CerraCap Ventures seeds AI startup Nirveda Cognition Finding the right attorney Black ‘N Blue celebrates opening Businesses discusses plan for service tax
REAL ESTATE DATA 16
Residential & Commercial
SPOTLIGHTS
15
3 People, Places and Pictures 26 Four Questions: Mariane Doyle 30 Four Questions: Renee Berlin
SCV BUSINESS VOICES 5 7 11 12 13 15
Patrick Moody, Henry Mayo Newhall Hospital Dr. Kevin Bolder, Audiology Associates A message from TeamLogic IT Holly Schroeder, SCV Economic Development Corp. Ryan Roques, Mission Valley Bank Cecilie E. Read, Poole & Shaffery
Finding the right attorney or law firm to handle your legal matter should always involve asking a few questions. Story on page 15. PHOTO BY DAN WATSON / THE SIGNAL
FROM THE EXPERTS 0 1 20 30 31
SCVEDC: Econowatch Ken Keller: Are you ready for a recession? John Musella: Building up for a strong jobs future Paul Butler: Make a contribution
Providing strategies to help protect what our clients work so hard to build.
21 John Musella of Evolve Business Strategies speaks at the SCV Chamberhosted State of the County event. Our Santa Clarita Valley Chamber of Commerce content starts on page 21. PHOTO BY SCHLICKART PHOTOGRAPHY
Business Insurance Workers’ Compensation Employee Benets
Call Today!
Life, Disability Long Term Care
661.702.6000
Financial Planning
28055 Smyth Dr., Valencia CA 91355 www.LBWinsurance.com CA Insurance License #0785905
High Net Worth Personal Insurance
401(k)
Securities offered through Securities America, Inc., Member FINRA/ SIPC. Financial Advice & Investment Advisory services offered through PFG Advisors. LBW, PFG Advisors, and Securities America are separate entities.
29
SB 522 aims to update California’s tax system by extending the levy to business services such as for lawyers, engineers, hairdressers, designers and architects, among others. Story on page 29. PHOTO BY DAN WATSON / THE SIGNAL
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
J U LY 2019
PEOPLE, PLACES AND PICTURES
1 3
2 4
5
1. Vista Canyon’s water reclamation plant, which is expected to deliver 415 acre-feet of recycled water each year, is an integral part of the development’s conservation strategy. Despite a wet winter, developers say the 185-acre project is steadily progressing. PHOTO BY LORENA MEJIA / THE SIGNAL 2. Branch staff are now available to help Santa Claritans at Logix Federal Credit Union’s newest location at Bridgeport Marketplace. PHOTO COURTESY OF LOGIX 3. GoTribe Fitness in Valencia recently celebrated its grand opening. Check out SignalSCV. com for the full story. PHOTO BY CORY RUBIN / THE SIGNAL 4. Black ‘N Blue is a new entertainment-style lounge and bar destination that replaced EMC Seafood and Raw Bar. It celebrated its grand opening June 17. See page 27 for the story. PHOTO COURTESY OF JOIE DE VIVRE PHOTOGRAPHIE 5. Cameron Morey poses with one of the classic stitch face masks created by his company LightUpMasks. The company has collaborated with public figures like the musical duo The Chainsmokers. PHOTO COURTESY OF CAMERON MOREY. 6. Pilates Pros owner Melanie Rivadeneira stands beside her line of CBD products at the Pop-Up Biz Expo at CalArts. PHOTO BY CORY RUBIN / THE SIGNAL 7. Jorge Lopez speaks to attendees about how to improve company culture at a Valley Industry Association luncheon in June. PHOTO BY LORENA MEJIA / THE SIGNAL
6 7
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
J U LY 2019
July 2019 | Vol. 11 | No. 7
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
ADVERTISERS INDEX
Santa Clarita-based company BioSolar recently announced its first batch of the commercial-grade prototype in 21700 lithium-ion cylindrical cell format. While silicon anodes are not without their drawbacks, the material is being considered for next-generation, highenergy lithium-ion batteries. COURTESY PHOTO
FROM THE EDITOR
DESIGN+BUILD LICENSE B-699132
3
3 1
GARAGE DOOR TO BE REMOVED AND REPLACED W/ 7/8" STUCCO WALL
B
NEW STEAM WALL
(E) ELEVATION - C SCALE 1/4"=1'-0"
3
bath
1
NEW WEEP SCREED
3
bedroom
NORTH
LOUISDESIGNSTUDIO@GMAIL.COM SECTION SCALE 1/4"=1'-0"
EXISTING
BATHROOM KITCHEN/LIVING
36"
80"
SWING
WOOD
144"
80"
SWING
VINYL
(E)ELEVATION - D SCALE 1/4"=1'-0"
DATE
TEMPERED
4 SLIDING DOORS(ONE HINGED)
SD CM
DESCRIPTION
09-19-18
DATE:
DESIGNED BY:
DRAWN BY: GFI
DUAL PANE
R U CT U R A L
OF C A L I F O
CITY CORRECTIONS
PROJECT TITLE:
(N) ELEVATION - C SCALE 1/4"=1'-0"
DOOR SCHEDULE NEW
B
HN
ER
1
2
2
A
JO
REGIST NO.
661-510-7232
FLOOR PLAN SCALE 1/2"=1'-0"
R
NO. 2145
EXP. 12-31-19
ST
REVISIONS
NEW 7/8" STUCCO FINISH TO MATCH EXISTING
2
PROFESSIONA NT HOE L BR E
ED
TE
Studio City, CA 91604
2
CONSULTANT'S STAMP
1
3
IA
1
A
C
1
3
LOUIS-DESIGNSTUDIO.COM
ST
A
24270 WALNUT STREET SANTA CLARITA, CA 91321 C. + 661 510 7232
LOUISDESIGNSTUDIO@GMAIL.COM
(E) ELEVATION - B SCALE 1/2"=1'-0"
R NE
1
Design + Planning + Development
2
(E) ELEVATION - A SCALE 1/4"=1'-0"
Ashley & Sandy Briggs & Mary Ng
C
2
NEW WEEP SCREED
NEW STEAM WALL
GINEER EN
Design Remodeling Additions New Construction Tenant Improvement Accessory Dwelling Units Plans Permitting NEW 7/8" STUCCO FINISH TO MATCH EXISTING
2
The regular Santa Clarita Valley Business Journal reader is sure to notice the magazine is a little bit larger this month. Going forward, as the Business Journal is now the official publication of the SCV Chamber of Commerce, readers can expect to see this robust collection of content, which includes more advocacy, event information and messaging than we’ve ever had before — coming straight from the business community each month. Our new and improved events calendar is a great way to stay informed, if you’re a business owner in the Santa Clarita Valley. The SCV Chamber’s advocacy page is a great way to find out how local industries are reacting to legislation, campaigns and coalitions in order to better the business environment here in the SCV. This month, we’re looking at some promising entrepreneurs in A1.0 very different fields — in self-publishing and in artificial intelligence — and how several attempts at a service tax, the latest being Senate Bill 522, is really an effort to stabilize California’s finances at the cost of another fee that hurts small- to mid-sized business owners. As the SCV Business Journal continues to grow with this new partnership, and we look forward to adding more voices and content for our audience, our focus remains on making sure these pages have the most engaging and informative content possible. RN
1
3
12429 Hortense Street
1
ADU ACCESORY DWELLING UNIT
L O U I S D E S I G N S T U D I O
SPLIT A/C SYSTEM
Audiology Associates, Henry Mayo Newhall Hospital, LBW Insurance, Liberty Building Maintenance and Services, Inc., Louis Design Studio, Lyfe Networks, Mission Valley Bank, Poole & Shaffery, R & R Awards, SCV EDC, TeamLogic IT, VIA
SEPT. 2018
L. Romero
R. Romero
PERMIT NUMBER:
18016-20000-30145 SHEET TITLE:
L O U I S - D E S I G N S T U D I O . C O M
2 4 2 7 0 W A L N U T S T R E E T S A N T A C L A R I T A , C A 9 1 3 2 1
(661) 250-2000
PLAN + ELEVATION + SECTION SHEET NUMBER:
Thank you for reading, Perry Smith, Editor Santa Clarita Valley Business Journal 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.
5
J U LY 2019
SCV BUSINESS VOICES
WHEN TO BE WARY OF DOG BITES PATRICK MOODY Spokesman for Henry Mayo Newhall Hospital
E
very year, 4.7 million people are bitten by dogs, and young children often bear the brunt of those bites. Kids age 5-9 are the most likely to need medical treatment for their injuries. Now a study may offer some crucial guidance if you’re a parent who’s about to add a dog to your family.
take back a toy or snack that a dog has snatched. Tell your child to ask an adult for help. Teach your child to move calmly and slowly around dogs. And be a good role model — do the same yourself. Don’t let your child wrestle with your dog or play aggressive games, such as tug of war.
“
(Researchers) found that pit bulls and mixed breeds pose the highest risk of biting, and do the most damage per bite.”
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 HenryMayo. com.
BREED, SIZE AND SHAPE ALL MATTER The study was designed to find out which specific breeds bit most — and most severely. But because mixed breeds account for a significant portion of dog bites, and because the researchers often didn’t know what breed was involved, they also looked at dogs’ physical traits. Researchers reviewed 15 years of hospital data on dog-related facial trauma in children, as well as studies dating back to 1970. They found that pit bulls and mixed breeds pose the highest risk of biting, and do the most damage per bite. However, head shape and overall size were important factors, as well. The dogs most prone to bite and injure kids had wide and short heads and weighed between 66 and 100 pounds. PROTECT YOUR CHILD Any dog, even sweet-tempered ones, can bite in the wrong circumstances. These tips from the study authors and the American Academy of Pediatrics can help keep your child safe: Never leave a small child alone with a dog. But be aware that many kids get bitten when an adult is in the same room. So unless you can closely supervise a child and dog when you’re nearby, it’s a good idea to separate them with a physical barrier, such as a baby gate. Teach your child never to approach a dog that’s sleeping or eating. And pick a quiet place for dogs to eat — away from where your child plays. Warn your child never to try to Abbey - Business Journal.indd 1
4/22/19 2:43 PM
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
J U LY 2019
CERRACAP VENTURES SEEDS AI STARTUP NIRVEDA COGNITION IN SCV BY TAMMY MURGA Signal Staff Writer
W
hen people traditionally think of the term venture capitalism, Silicon Valley quickly comes to mind, maybe other meccas of business, like L.A., New York and London. However, one pair is continuing work that could one day put the Santa Clarita Valley on the list of homes for major startups. Their journey kicked off in the summer of 2018, when artificial intelligence startup Nirveda Cognition, which builds AI capabilities to interpret information and create research reports fit for a variety of businesses, established its headquarters in the SCV. Costa Mesa-based CerraCap Ventures LLC saw potential in the company and seeded Nirveda in the SCV after relocating the company from Pleasanton, a move that — in the past, at least — was more likely to happen the other way around, according to Saurabh Suri, managing partner of CerraCap. “Just three or four years ago, you would see a lot of companies move out of the Santa Clarita Valley as they scaled up,” he said. “Now, you’re seeing a lot more forming here. You’re seeing a lot more growth.” Another example is Sanguine Biosciences, a technology startup challenging the clinical research model, according to Nirveda CEO Ajay Kapur, who also worked with Suri on a course involving entrepreneurial skills at California Institute of the Arts. “Sanguine began utilizing a relatively unknown space within a Mann Foundation facility ... where it was able to access expensive equipment at virtually no cost,” he said. “With limited startup capital and access to the Mann Foundations resources, Sanguine has gone on to receive roughly $6 million in follow-on funding. “However, once it outgrew the space available to it in Castaic, (it chose) to leave the Santa Clarita Valley and relocate to Sherman Oaks, (e)ffectively providing the San Fernando Valley with the value that $6 million in investment into a startup brings.” That was then, he added. Nirveda is among several startups and
From left, Nirveda CEO Ajay Kapur and Saurabh Suri, managing partner of CerraCap Ventures, teach a cutting edge entrepreneurial course at CalArts, and the two also are working together on new applications for artificial intelligence. SIGNAL FILE PHOTO early-stage companies turning to the manually locate and interpret a dense SCV, and a lot of the growing attrac- amount of information required for back-office processes. tion comes from what they can find “Nirveda has great technology to locally. help businesses be more efficient,” “Nirveda is growing fast,” said Holly Schroeder, president and CEO said local venture capitalist Alan of the SCV Economic Development Lewis, who has played a vital role to Nirveda as an adviser. Corp.. “Here in the SCV, they can In a single platform, the AI firm expand quickly, find talent and avoid utilizes cognitive search, natural the disruption of relocating. It’s a language generation and intelligent great combination.” process automation to help clients The AI startup, founded in 2017, automate end-to-end content-centric is currently in its early stages, but business processes, ultimately wiping it’s already generating revenue and out human error. working with potential marquee The platform can uncover, analyze clients, whom Nirveda cannot yet and transform hidden data, or “dark reveal the names of, Kapur said. Through its AI capabilities, Nirve- data,” for “better decision making, da’s platform augments and replaces while also automating complex, time-consuming, and costly workskilled and semi-skilled business flows for its customers,” while also labor for continuous back-office improving processes over time tasks, which is showing to improve through its continuous learning companies’ costs and productivity. features. Research from the International “Take real estate, for example,” Data Corp. showed that 90% of unstructured content is never analyzed said Kapur. “When you buy a property, you have to go through as traditional AI solutions fail to efso many documents at the city fectively process unstructured data. and county level. There’s a team Companies have no choice but to
of people that read through those documents and that takes hours for employees to do — this is part of why it takes so long to buy a home. By adding AI, we train a machine to do 20 times those applications and review the needed information. “You’ll give the machine a document, and it’ll go through the information and extract all the key pieces and show you where in the document it got the information, so that you can go back and verify what you need. The machine can also continue to learn. That’s the beautiful part about machines.” Nirveda’s focus on machine cognition can benefit a variety of businesses, Kapur said, but the company is currently focusing on real estate, finance and law. While still only in the early stages, Nirveda is “offers the latest technology and the market really needs this. I feel like we will continue to grow our platform,” said Kapur. The AI firm isn’t the first venture for Kapur, who is also associate dean of research and development in digital arts at California Institute of the Arts. In 2015, he co-founded Santa Clarita-based Kadenze, a massive online course provider in the arts and creative technology. More than 40 organizations, including the Sydney Opera House and Google, have partnered with Kadenze to bring students from more than 50 countries unlimited access to curated courses either for free or at an affordable price. Kapur and Suri know that the SCV has become a player in the tech industry and have not only invested in their own projects, but in the local leaders of tomorrow, as well. The duo recently taught a course at CalArts, dubbed “Creative Entrepreneurship,” where top students in the class had the opportunity to pitch their companies to business experts in the area to be furthered mentored for future venture capital competitions. “Like any startup, it’s always hard to find the right people and it takes a certain type of person to run a startup because you have to do everything and you have to be open to learning,” said Kapur. “In Santa Clarita and working with Saurabh and Alan, it’s been incredible. Santa Clarita is an amazing place for bringing companies together.”
7
J U LY 2019
SCV BUSINESS VOICES
FIVE HEALTH CONDITIONS CONNECTED WITH HEARING LOSS KEVIN BOLDER AuD, Audiology Associates
U
ntreated hearing loss has been known to be connected with a number of health conditions, such as heart disease and depression, but a new study shows that accidental injury could be another health concern to add to that list. Using data collected from the National Health Interview Survey between 2007-15, researchers examined accidental injuries among adults. The results showed that those with hearing loss were twice as likely to experience an accidental injury whether it was at home, at work,
in the car, or during a leisure hearing loss. This suggests activity. that those with severe hearing It can be assumed that if problems are more aware of someone does not have their their needs and are able to more full hearing easily identify ability, it will be they One interesting thing when more difficult may come noted in the study for them to spot across danger. is that those with dangers. Ears are The most minor hearing loss also related to important balance. Hearing thing to do if were more likely to loss can create experience accidental you suspect balance difficulties you have a injuries than those and has been problem with with severe hearing associated with your hearing loss.” more incidences is to make an of falling, and appointment therefore, more frequent with a hearing healthcare hospitalization. specialist. They will help provide One interesting thing noted options for treatment and in the study is that those with give you guidance on how to minor hearing loss were more navigate life with hearing loss. likely to experience accidental To schedule a hearing injuries than those with severe consultation, please call
“
Audiology Associates at 661284-1900. Patrice Rifkind, Au.D. and Kevin Bolder, Au.D are two of the best in Santa Clarita and San Fernando Valley. Visit our website at www. AudiologyAssociates.net or stop by our office located at 23838 Valencia Blvd, Suite 100, Valencia, CA 91355. To schedule a consultation to explore this new technology, please call Audiology Associates at 661284-1900. Patrice Rifkind, Au.D. and Kevin Bolder, Au.D are two of the best in Santa Clarita and San Fernando Valley. Visit our website at www.AudiologyAssociates. net or stop by our office located at 23838 Valencia Blvd, Suite 100, Valencia. We are hearing health care excellence.
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
J U LY 2019
A ‘HEROES’ DRAWING BOARD Left: One of the inspirations for David Heredia’s “Heroes of Color” series was the realization that many of the books he read to his children at night often lacked diversity. The observation inspired him to create a series of stories that he now enjoys sharing with his kids.
Right: The creation of the series came from a yearslong creative process that included feedback from his two kids. His daughter was actually the first one to point out that Heredia’s first draft disproportionately represented male characters, which prompted Heredia to create a more balanced list of “Heroes,” which contains 25 men and 25 women.
BY MATT FERNANDEZ AND TAMMY MURGA Signal Staff Writers
W
hen David Heredia took his children to storytime at the library, he couldn’t help but notice that the heroes in all these stories were not ethnically diverse. So, he sought to remedy that by creating his own children’s book. Inspired by the success of his own educational cartoon series “Heroes of Color,” the Santa Clarita resident and first-time author wrote a book for preschool and kindergarten students called “Little Heroes of Color: 50 Who Made a Big Difference,” which will be published by Scholastic on Dec. 26. The book
highlights 50 historical men and women of color from all across the globe. “The animated series is a bit too heavy for preschool children, but I feel that any time you’re trying to teach kids a topic that is heavy, it’s better to introduce it to them while they’re young so that they’re used to it as they get older,” Heredia said. Though he initially got the idea in 2013, Heredia did not begin work on the book until 2015 when a woman he met at a business conference heard about his idea and connected him to someone at Scholastic. When he first pitched the book to Scholastic, his pitch was denied so fast that Heredia thought that it had just bounced back to him. The rejection was discouraging,
and though he began to doubt the quality of his work, his own children were interested in his drawings and the stories behind the historical figures. Heredia then took the next few years to create an interest in the “Heroes of Color” brand and create some legitimacy behind his name. PITCHBLACK His animated series “Heroes of Color” shares the stories he was working on, and was recently a winner of Black Public Media’s PitchBLACK Awards, which included $60,000 to help him continue the project. “I’m really excited to be able to continue the series,” said Heredia, who has worked for Walt Disney Animation, Warner Brothers Animation and DC Collectibles.
“This series is a great opportunity not just to educate, but to elevate and inspire.” Heredia said he plans to use the funds to continue the project, which he would like to see completed as a 12-episode series. Available right now are three, 3-minute pieces featuring: the Harlem Hellfighters, a segregated military unit in World War I; Gaspar Yanga, who led one of the first slave uprisings in colonial Mexico; and Puerto Rican civil rights leader Dr. Antonia Pantoja. Each issue contains colorful illustrations, but the narrations solidify the educational portion of “Heroes of Color.” The father of three said his children helped him shape and develop his project, which has
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 · 9
J U LY 2019
of the book is how previously won awards and even RESEARCH AND PERSPECTIVE colorful it is and he screened at the Black Comic Book The most difficult part of the thinks other children Festival in New York. process for Heredia was the will appreciate That message captivated judges research and writing, especially learning the stories of when making sure that different at the PitchBLACK Awards. the different people industries and cultures were getting The event, held in April, was a equal representation. He did not rely featured in the book. culmination of the 13-week 360 The 7-year-old sees on the internet due to the amount Incubator+, a boot camp-like his father’s success of inaccurate information, and he training, as Heredia called it, for as an inspiration and either purchased books, or went to all creatives to learn how to pitch has begun writing his libraries to do his research. He also broadcast programs, web series own books at home. used his own or virtual reality Heredia has already children as a test projects. As the begun pitching the audience. I can’t tell you how winner of the book at his children’s “My daughter digital media this makes me feel. school and has asked me why category, the It’s just so rewarding. received messages there were so project not only from fans who have It’s hard to put it into few women in received $60,000 already begun to the book, which in funding, it was words because it’s preorder the book. was something also awarded a the most incredible Scholastic invited that I had totally license agreement him to a conference not realized,” he moments in my life for public media said. “Originally, in June to pitch his aside from getting distribution. book in front of I had 10 women Back to the married and having different schools and and 40 men, so David Heredia stands in his office with his son drawing board educators. I went back and kids. I’m excited to see and his new book “Little Heroes of Color: 50 When he next Looking forward, split it so that Who Made a Big Difference” which will be the kind of response pitched the Heredia wants to the book is now published by Scholastic in December. PHOTO BY that children have to book in 2018 continue to use the equal and has MATT FERNANDEZ / THE SIGNAL and included his “Heroes of Color” 25 women and it.” previous media books and animations 25 men. From Heredia said. “It’s hard to put it coverage, his contact at Scholastic to continue to work in schools. a girl’s point of view, that’s really into words because it’s the most He has already started work on a was now interested in meeting to important and what they’re looking incredible moments in my life aside potential sequel to “Little Heroes of at, so it’s important to listen to your discuss a publishing deal. from getting married and having Color,” is preparing to create more kids. I’m excited to see the kind of “I sent the exact same manuscript audience.” episodes of the animated series using response that children have to it.” Heredia’s son, also named David, that I did in 2015, but it was much a $60,000 grant he was recently said he was excited when the first “Little Heroes of Color: 50 Who Made more appealing to them this time sample copies of the book came awarded and is looking into creating a Big Difference” is scheduled to be released around because there was more and at first his friends thought he a toy line based on the “Heroes of by Scholastic on Dec. 26 and can be precredibility behind who I am and had written the book since he and Color” characters. ordered for $10.99 on Amazon.com. To what my mission is,” he said. his father share the same name. The “I can’t tell you how this makes learn more about Heredia and to see some of The initial contract offering younger David said his favorite part me feel. It’s just so rewarding,” his other work, visit heroesofcolor.com didn’t grant Heredia the right to merchandise and animation, and only gave him a royalty that he felt was “offensive,” so he pushed back against the company and said he was comfortable walking away from the deal and self-publishing if he was not granted those rights. His Scholastic contact told him that it was unlikely that his terms would be met due to his status as a first-time author. “You truly have to believe in your product, because it’s going to help you out when you’re negotiating,” Heredia said. “After I did that I got off the phone and thought, ‘Did I just possibly blow the biggest opportunity I have ever had?’ I was a wreck, but I started researching different printing houses. Then I finally got the call from Scholastic that they would agree to all my terms except the triple royalty amount, though they did give a bigger royalty. My contact at Scholastic said that she respected me so much more for David Heredia impressed with his “Heroes of Color” idea at the PitchBLACK competition. fighting for my rights.” PHOTO COURTESY OF JAMES BROOKS
“
10
J U LY 2019
Economic Development Corporation Santa Clarita Valley
26455 Rockwell Canyon Road | UCEN 263 | Santa Clarita, CA 91355 | (661) 288-4400 | www.scvedc.org
LEVEL UP YOUR WORKFORCE WITH TRAINING CLASSES BY HOLLY SCHROEDER
including: distribution and warehouse safety; forklift operation; computing and internet fundamentals; and digital communication in the workplace. California’s legally mandated sexual harassment-prevention training for both non-supervisory and supervisory employees will also be offered. Additional courses will be added later in 2019. Classes will be held at the Learning Center in the AMS Fulfillment facility located at 28624 Witherspoon Parkway, Valencia, to provide easy access to the thousands of workers who are employed in companies in and around Valencia Commerce Center. Anyone 18 years
President and CEO of the SCV Economic Development Corp.
T
he Santa Clarita Valley Economic Development Corp. recently received a grant from Wells Fargo to launch new job skills courses that will provide much needed low-cost and no-cost workforce development training. Courses will be taught by educational and industry professionals from College of the Canyons School of Personal and Professional Learning, Employee Training Institute and the business private sector. Initial summer and early fall offerings reflect training in high demand by businesses in the Santa Clarita Valley,
or older may register and attend. The first classes are filling up so register today! For more information visit: www. scvedc.org/skills or contact the Santa Clarita Economic Development Corporation at (661) 288-4400 or scvedc@scvedc.org. 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.
ADVANCE MY SKILLS Workplace Essentials NO COST & LOW COST CAREER SKILLS CLASSES IN SCV •
Distribution & Warehouse Safety
•
Forklift Operation
•
CA State Mandated Sexual Harassment Prevention Training
•
Computing and Internet Fundamentals
•
Digital Communications in the Workplace
REGISTER TODAY! www.scvedc.org/skills For more information contact: scvedc@scvedc.org | 661.288.4400
Econo Watch Santa Clarita Valley
Q1 ’19
Q4 ’18
Q1 2019 Sq Ft
Commercial Vacancy Rates Office Space
11.57%
12.58%
2,762,130
Industrial Space
4.30%
4.90%
23,277,893
Total Marked Sq. Ft. Vacancy Percentage:
26,040,023
Office Space - as a % of Vacancy
10.61%
10.66%
N/A
Industrial Space - as a % of Vacancy
89.39%
89.34%
N/A
Building Permits
May ’19
New Commercial/Industrial Building Permits Commercial Tenent Improvements/Alterations
5 47
Apr. ’19
May ’18
3 37
1 65
Local Company Stock Prices Bank of Santa Clarita (BSCA) California Resources Corp (CRC) Carnival Corp. (CCL) Mission Valley Bank (MVLY) Six Flags * (SIX) Woodward (WWD) Lennar (LEN)
May ’19 19.45 16.2 51.19 14.76 49.36 108.92 49.66
Apr. ’19 19.33 21.08 54.86 15 53.09 108.90 52.03
% Change 0.62% -23.15% -6.69% -1.60% -7.03% 0.02% -4.56%
Unemployment Rates Santa Clarita Palmdale Lancaster Glendale Los Angeles County State
Apr. ’19 3.8% 5.6% 5.8% 3.8% 4.0% 4.3%
Mar. ’19 4.0% 6.1% 6.4% 4.1% 4.4% 4.3%
% Change -5.00% -8.20% -9.38% -7.32% -9.09% 0.00%
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
May ’19 605,000 390,000 244 103 89 456
Apr. ’19 608,200 410,000 214 38 89.3 441
May ’18 615,000 404,000 226 104 81 325
11
J U LY 2019
SCV BUSINESS VOICES
TEAMLOGIC IT OFFERS SOLUTIONS FOR SCV BUSINESSES
T
eamLogic IT, a national provider of managed IT services and technology support for businesses, recently opened an office in Valencia. The business is owned by Lou and Helen Fournier. TeamLogic IT has been recognized on the Channel Futures MSP 501 Worldwide Ranking of managed services providers for five consecutive years, and is in the top 10% of all MSPs worldwide. It has also been named the number one technology franchise company by Franchise Business Review. “Due to our nationwide presence and hundreds of technicians around the country, we
can offer businesses here more proactive services than most computer support companies,” said Helen, expressing excitement about the opening of their new company. “All of our services are designed to meet business technology needs and help our clients focus on their business while we handle all of their IT-related issues.” Lou’s background includes more than 30 years of professional IT experience. He has held system developer and director roles and most recently vice president of infrastructure solutions architecture for a leading company in the travel and tourism industry. Helen’s background includes more than 15 years in IT service management, risk management, disaster recovery and business continuity.
Prior to her technology career, she spent 18 years in executive leadership roles the financial industry. Companies rely on TeamLogic IT’s managed IT services for proactive IT management to help increase productivity while also gaining better ROI from their technology investments. TeamLogic IT’s comprehensive suite of services includes, managed IT services, outsourced IT support, cybersecurity services, cloud, data backup and recovery, business continuity, mobility services, unified communications, relocation services, supplemental IT support, hardware and software, and network and security assessments. “The combination of being able to provide world-class IT services because of our
nationwide presence, combined with the benefit of local management teams, has allowed TeamLogic IT to experience significant growth over the past several years,” said Dan Shapero, president of TeamLogic Inc. “We are delighted Lou and Helen have joined our network to service the Santa Clarita area.” TeamLogic IT is a national provider of advanced technology solutions for companies of all sizes. Local offices provide clients with the IT support they need to run their businesses more efficiently by leveraging the latest technology solutions including managed IT services, cybersecurity, business continuity, cloud services, mobility solutions, unified communications and consulting and support. For more information, visit www. TeamLogicIT.com.
Managed IT Services for Businesses At TeamLogic IT, we understand the mechanics of business as well as technology. We assess your company’s existing IT systems, troubleshoot issues and anticipate future needs to position your business for success. Our approach to managed IT services focuses on delivering the highest levels of availability and security anytime, anywhere—from user end points such as laptops, desktops and smartphones to servers, virtualization, cloud computing and IT optimization—we cover your entire network both onsite and off. You’ve invested and managed to get your business where it is today. Move forward with The Color of Confidence ®.
TeamLogic IT CALL TODAY FOR A FREE ASSESSMENT! 661.425.0255
27240 Turnberry Lane, #200 Valencia, CA 91355 661.425.0255 hfournier@TeamLogicIT.com TeamLogicIT.com/SantaClaritaCA
12
J U LY 2019
SCV BUSINESS VOICES
ARE YOU READY FOR INDUSTRY 4.0? HOLLY SCHROEDER
W
President & CEO of SCVEDC
ith the rapid adoption of new technologies, every company is a tech company — or at least should be — and those that don’t update
their practices will be quickly left behind. This is especially true for small to mid-sized manufacturers. Perhaps you’ve heard of the terms Industry 4.0 or smart manufacturing? This refers to advanced digital and physical technologies and applications in manufacturing, including additive manufacturing (3D printing),
cybersecurity, advanced materials, modeling, simulation, visualization and immersion, artificial intelligence, robotics, big data, industrial IoT (Internet of Things) and cloud computing. In the SCV, the manufacturing sector continues to grow and is a critical employer, providing nearly 11,500 jobs.
BUSINESS ASSISTANCE Your Santa Clarita Valley Business Advantage ONE-STOP RESOURCE CENTER The Santa Clarita Valley Economic Development Corporation is your single point of contact for all your business needs. From access to tax incentives to workforce training at low or no cost, from expediting business issues resolution to managing local business coalitions, SCVEDC connects your company to the right resources, and provides the solutions to keep your business thriving.
80% of job growth comes from the expansion of existing businesses. We’re here to help you grow! Our first visit to SCVEDC was the real reason we moved here. They are always looking after our best interest.
SCVEDC’s assistance with expediting the development process enabled us to hit our very aggressive construction schedule.
- Melissa Ramirez, Airbolt Industries
- Matthew Shepherd, Scorpion
stillgolden.org
scvedc@scvedc.org
661.288.4400
The International Economic Development Council, or IEDC, released a report about the challenges small to mid-sized manufacturing companies have in adopting Industry 4.0 technologies. The report also provided insight as to what communities can do to support manufacturing companies so they can continue to grow quality jobs and compete in the global economy. The IEDC recommended that communities create maker spaces or “fab labs” and host more seminars for manufacturing companies on specific topics such as computing, robotics, AI or 3D printing. The report also emphasized building pathways to careers in manufacturing with programming in secondary schools and community colleges, and by utilizing apprenticeships and internships. Luckily for companies located in the SCV, all of these recommended programs are available. Through the Strong Workforce Apprenticeship Group, or SWAG — a partnership between College of the Canyons and Goodwill Southern California — companies can build apprenticeship programs to develop a pipeline of talent for their workforce. The SCVEDC recently received a grant from Wells Fargo to launch a job-skills training program that offers employees nocost and low-cost classes, such as digital communications in the workplace and computer and internet basics. All classes will be held in the Valencia Commerce Center and are registering now. Visit www.scvedc.org/skills for more information. The tools you need to get your company ready for Industry 4.0 are available right here in the Santa Clarita Valley. The SCVEDC team is here to help you get connected to the right programs to develop your workforce today, for the future. Contact our Business Assistance team for more information. 661.288.4400 or info@ scvedc.org.
13
J U LY 2019
SCV BUSINESS VOICES
SBA LOANS TO GROW YOUR BUSINESS RYAN ROQUES
I
Vice President and SBA business banker Mission Valley Bank
f you own a small business, now is a great time to talk with your banker about what the Small Business Association has to offer. One common assistance is the Guaranteed Loan Programs, which facilitates debt financing. Rates remain favorable and because the programs are many and varied, and the qualifications for each are specific — so taking the time to speak with an experienced SBA lender to understand more is a logical first step. SBA loan guaranty requirements and practices can change as the government alters its fiscal policy and priorities to meet current economic conditions, making it even more important to work with a lender who can help. When it comes to the purchase, refinance or renovation of commercial real estate, borrowers should take a close look at the SBA 7(a) Loan Program. The SBA 7(a) Loan Program offers borrowers up to 90% financing for the purchase of owner/user commercial real estate, fully amortized with no balloon payments. Owner/ user is defined as a minimum of 51% of total occupancy. With a maximum loan amount of $5 million and terms as long as 25 years for commercial real estate acquisition, construction or refinance, the 7(a) Program could serve as a real solution to many borrowers. These loans can also be used for acquiring fixed assets, such as heavy machinery or other equipment, restructuring current debt, working capital and, in some cases, even be used to fund acquisitions. Qualifying for an SBA loan may be easier than qualifying for other, more traditional forms of financing, as the SBA programs
generally allow for a higher loan to value ratio, longer amortization periods and may even consider the projected income of the business and not just historical cash flows when making a credit decision.
Two resources to help you learn about SBA and other forms of specialized lending are available at sba.gov or MissionValleyBank.com. Ryan Roques is a vice president / SBA business banker at Mission
Valley Bank. Mission Valley Bank is a locally owned, full-service, independent, commercial bank with Preferred SBA Lender status serving the San Fernando and Santa Clarita Valleys. Roques can be reached at 818-255-6282.
YOUR SUCCESS IS OUR MISSION
2018
SBA FINANCING An SBA loan may be the perfect business move to assist with the growth and success of your business, offering a variety of financing options. As an SBA Preferred Lender, Mission Valley Bank knows how to make your SBA loan experience less complicated.
Bank with a trusted source.
• Business Expansion • Working Capital • Business Debt Refinancing/Restructuring • Machinery and Equipment Purchases • Up to 90% Financing for Owner-User Commercial Real Estate Acquisition, Construction or Refinance
CALL US TODAY: 877.394.2306
FULL-SERVICE BUSINESS BANKING ACCOUNTS RECEIVABLE LENDING MERCHANT BANKCARD SERVICES COMMERCIAL LENDING EQUIPMENT FINANCING 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
14 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
J U LY 2019
vALLeY InduStrY ASSocIAtIon 28005 n Smythroad drive| |Suite Suite360 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 At e . e d u c At e . I n n o vAt e .
VIA Award Nominations Open VIA Welcomes Prestigious annual business awards celebrate the diversity and Torres to Board accomplishments of vIA members Nominations are now open for the Valley Industry Association’s 2019 VIA Awards to be presented at the VIA BASH gala on Saturday, Oct. 19, 2019 at the Hyatt Regency Valencia. Nominations close Friday, July 19, 2019. Awards are given to those individuals and members of distinction deserving in one of three categories. The Connie Worden-Roberts Volunteer of the Year Award This is an individual affiliated with VIA and is a member in good standing for a minimum of two years and has demonstrated strong support of the organization through committee involvement or chairmanship, member recruitment, fundraising and/or the creation of increased visibility for the organization. This member will have been an active member of one or more VIA committees for no less than two years and have made major volunteer contributions to the organization. VIA Business of the Year Award This cornerstone VIA member business will have been affiliated with VIA for no less than five years and demonstrated consistent support not only for the organization but to the business community and the Santa Clarita Valley as a whole. VIA Rising Star Award A VIA member for no less than 12 months, this company will have shown substantial new growth and visibility through the development and launch of a new product or service, significant increases in job creation and/or building expansion. To nominate a business or individual based on the award criteria, contact the VIA office at admin@via.org or (661) 294-8088. Applications must be received in the VIA office by Friday, July 19, 2019, so don’t delay.
EvEnt CalEndar
Reservations and payment can be made at www.VIA.org/Calendar or call (661) 294-8088
FRIDAY, JULY 12, 2019 7:30 AM | HyATT VAleNCIA 24500 Town Center Dr., Valencia
The Valley Industry Association announced the appointment of Omar Torres, Associate Vice President of Academic Affairs of College of the Canyons, to its board of directors. Torres replaces Dr. Jerry Buckley, who relocated to Reedley College in central California as its president. “We are grateful to Jerry for his enthusiastic support and the strong leadership he brought to the VIA board of directors over the past few years,” said VIA chairwoman Teresa Todd. “And we’re delighted to have Omar join us on the board and look forward to working with him.”
OMAR TORRES
Torres has spent the last 15 years in higher education within the California Community College system. Prior to his current role, he served as the Dean of Mathematics, Sciences, engineering, Health Professions, and Public Safety. Before entering the field of higher education, Torres worked in Research and Development at The Dow Chemical Company in Freeport, Texas. With a Bachelor’s degree in Chemistry from Texas A&M University and a Master’s degree from UCLA, he is currently finishing his ed.D. in Organizational leadership through the university of la Verne. Torres is a published co-author for two best-selling textbooks on General, Organic, and Biochemistry, as well as Introductory Physical Science. He participates in VIA’s education Committee and Connecting to Success.
Black &White
B AS H
saturday, oct. 19, 2019 hyatt valencia TITLE SPONSOR
GET ACQUAINTED BREAKFAST
Nola Aronson’s Advanced Audiology
TUESDAY, JULY 23, 2019
Tweddell & Associates representing Primerica
11:45 AM | HyATT VAleNCIA 24500 Town Center Dr., Valencia
2019 SPEAKER SERIES STATE OF ThE STATE LEGISLATIVE UPDATE Senator Scott Wilk Assemblymember Christy Smith
TUESDAY, AUGUST 20, 2019 7:30 AM | THe uNIVeRSITy CeNTeR 26455 Rockwell Canyon Rd., Valencia
VIA CEO FORUM
vip room sponsor black tie sponsor College of the Canyons white glove sponsors Back to Health Chiropractic Burrtec Waste Industries, Inc. City of Santa Clarita Comfort Keepers In-Home Care Henry Mayo Newhall Hospital
Norona Insurance QM Design Group Southern California edison SOS entertainment
Sponsorships & tickets: www.VIA.org
S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 15
J U LY 2019
FINDING THE RIGHT ATTORNEY FOR YOUR NEEDS BY SANTA CLARITA VALLEY BUSINESS JOURNAL STAFF
A
ttorneys help people who need legal advice. Finding the right one involves careful consideration of a host of factors. Attorneys can help people at various times in their lives, and much like doctors specialize in particular types of medicine, attorneys also tend to focus on one area of the law. For example, some lawyers might specialize in criminal law, while others may help their clients with estate planning. The largest Santa Clarita-based law firm, Poole & Shaffery, which is mentioned at the top of this month’s list of SCV law firms, for example, has lawyers who specialize in a number of fields helpful to the business community. While employment counseling and real estate litigation are two areas where the firm has seen an increase in demand (which was a factor in the law firm’s recent decision to expand in Ventura County), the firm’s practice areas include business transactions, business and commercial litigation, employment law counseling, employment law litigation, business
succession planning, trust administration, real estate transactions and litigation, trucking and transportation and cyber security, data breach and internet privacy. As choosing an attorney is an important decision — one many people will need to make at least once or twice in their lifetimes — the following tips can help people find an attorney for whatever legal advice they need: Book an initial consultation. Initial consultations are often free of charge, and these meetings often give people a first impression of an attorney before they have to spend any money. Initial consultations are a great opportunity to gauge an attorney’s personality and demeanor, determine his or her experience and even his or her outlook for your particular case. Book consultations with as many attorneys as necessary until you feel comfortable making a decision. Be ready to ask questions. Attorneys should not be the only ones to speak during a consultation. Make a list of general questions and questions specific to your case and don’t hesitate to ask them. Ask about the attorney’s accessibility should he or
Brian Koegle of Poole & Shaffery LLP speaks at a discussion about minimum wage at College of the Canyons’ University Center. There are a number of different legal specialties for the various aspects of business and finance, and a consultation is a good way to ascertain whether a firm is right for you. SIGNAL FILE PHOTO she become your attorney, making sure to determine if the attorney or someone else, such as a paralegal, will be your primary contact during your case. Many people are most comfortable with attorneys to whom they can speak to directly
throughout their case, and that’s an important point to consider for people who may never have needed an attorney in the past. Discuss costs. Attorney fees are See ATTORNEY, page 28
UNTANGLING THE ‘REGULAR RATE OF PAY’ KNOT CECILIE E. READ
Esquire, Poole & Shaffery, LLP
A
common mistake employers make when compensating employees — or knots they fail to untangle — is calculating the regular rate of pay. “Regular rate” is the rate used for calculating an employee’s compensation for overtime and double time. When employees work overtime in California, they’re entitled to one and a half times their regular rate over an 8-hour workday, or
a 40-hour workweek. The regular rate and overtime appear at first to be the easiest aspect of California compensation. It sounds simple, but it’s not. The regular rate is not just a legal term for an hourly rate. The regular rate is a calculation that includes many types of compensation received by an employee. Thus, beyond the employee’s hourly rate, it also includes commissions, non-discretionary bonuses, shift differentials and other variations in pay. If employees are paid only an hourly rate with no added bells and whistles, employees’ regular rate would generally be the same as their hourly rate. Yet, employers often incorrectly categorize payments that
need to be included in the regular rate, such as bonuses, that employers deem discretionary, but are actually productivity bonuses. Another knot to untie is which hourly rate should be paid if employees are paid different rates, such as different rates per business location. Unfortunately, which rate isn’t the right question. If employees are paid different rates in the same week, their regular rate is actually a blended rate of their different hourly rates. It doesn’t matter what the hourly rate was when the overtime accrued as the blended rate still applies to all overtime hours. As with productivity bonuses, there’s a specifically approved formula for determining the blended regular rate. If an employer fails to properly
calculate, not only will overtime (and double time) not be calculated correctly, but the failure could lead to penalties under the Labor Code. Moreover, it may not just be a single employee bringing a claim for unpaid wages, but potentially a class of employees whose regular rate was miscalculated. Then an employer will have a huge problem. Employers should audit their payroll and policies and practices prior to getting into an even bigger tangle. Cecilie E. Read is counsel in the labor and employment practice group at Poole & Shaffery LLP. For more information about Poole & Shaffery, visit PooleShaffery.com or contact 661-290-2991.
16 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
J U LY 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
May ’19
April ’19
May ’18
$605,000 $608,200 $615,000 $390,000 $410,000 $404,000 244 214 226
May ’19
April ’19
SCV Condo Sales SCV Avg. # of Days on Market (SF) SCV Single Family Home Inventory
103 89 456
38 89.3 441
May ’18
104 81 325
May Sales Acton 05/2019 05/2018 New Listings. . . . . . . . . . . . . . . . . . . . . 18 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Total Active Listings. . . . . . . . . . . . . . . 58 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 43 New Escrows Closed . . . . . . . . . . . . . . 17 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Median Sale Price. . . . . . . . . . . $453,000 . . . . . . . . . . . . . . . . . . . . . . . . $580,000
Newhall 05/2019 05/2018 New Listings. . . . . . . . . . . . . . . . . . . . . 40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 Total Active Listings. . . . . . . . . . . . . . . 50 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 New Escrows Closed . . . . . . . . . . . . . . 43 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 Median Sale Price. . . . . . . . . . . $460,000 . . . . . . . . . . . . . . . . . . . . . . . . $460,000
Agua Dulce New Listings. . . . . . . . . . . . . . . . . . . . . . 6 Total Active Listings. . . . . . . . . . . . . . . 20 New Escrows Closed . . . . . . . . . . . . . . .4 Median Sale Price. . . . . . . . . . . $690,000
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 . . . . . . . . . . . . . . . . . . . . . . . . . $458,000
Saugus New Listings. . . . . . . . . . . . . . . . . . . . 113 Total Active Listings. . . . . . . . . . . . . . 140 New Escrows Closed . . . . . . . . . . . . . .69 Median Sale Price. . . . . . . . . . . $565,000
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 85 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62 . . . . . . . . . . . . . . . . . . . . . . . . $550,000
Canyon Country New Listings. . . . . . . . . . . . . . . . . . . . . 89 Total Active Listings. . . . . . . . . . . . . . 119 New Escrows Closed . . . . . . . . . . . . . . 75 Median Sale Price. . . . . . . . . . . $520,000
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 93 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 95 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 60 . . . . . . . . . . . . . . . . . . . . . . $480,000
Stevenson Ranch New Listings. . . . . . . . . . . . . . . . . . . . . 21 Total Active Listings. . . . . . . . . . . . . . . 24 New Escrows Closed . . . . . . . . . . . . . . 18 Median Sale Price. . . . . . . . . . . $780,000
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 . . . . . . . . . . . . . . . . . . . . . . . . $777,000
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 . . . . . . . . . . . . . . . . . . . . . . . . . $565,000
Valencia New Listings. . . . . . . . . . . . . . . . . . . . 127 Total Active Listings. . . . . . . . . . . . . . 163 New Escrows Closed . . . . . . . . . . . . . . 97 Median Sale Price. . . . . . . . . . . $585,000
. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 122 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120 . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105 . . . . . . . . . . . . . . . . . . . . . . . . $574,900
Castaic New Listings. . . . . . . . . . . . . . . . . . . . . 27 Total Active Listings. . . . . . . . . . . . . . . 56 New Escrows Closed . . . . . . . . . . . . . . 24 Median Sale Price. . . . . . . . . . . $549,000
COMMERCIAL REAL ESTATE
28130 - 28166 Newhall Ranch Road
(INDUSTRIAL, OFFICE, RETAIL AND LAND) Retail Buildings
Sq. Ft.
Sale/Lease
Price
GATEWAY VILLAGE 28225 Newhall Ranch Road 8090 Lease 28231 Newhall Ranch Road 1500 Lease 28233 Newhall Ranch Road 1500 Lease 28307 Newhall Ranch Eoad 1275 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 1600 Lease 1210 Lease 27935 Seco Canyon Road
$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 1200 Lease 23005 Soledad Canyon Road 1200 Lease
$1.95 SF/MO/NNN $1.95 SF/MO/NNN
PLAZA DEL RANCHO 27674 Newhall Ranch Road Suite # D 5 1450 Lease
$2.50 SF/MO/NNN
SKYLINE PLAZA NWC Plum Canyon/Skyline Ranch Road 1,200 - 40,000 Lease
Negotiable
REDDY PLAZA (FORMERLY SANTA CLARITA PLAZA) 26811 Bouquet Canyon Road 1,000 - 3,500 Lease $1.75 - $2.25 SF/MO/NNN SANTA CLARITA MARKETPLACE 26910 Sierra Highway; Suite # D-2 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 1,000 - 45,000 Lease
Negotiable
NEWHALL CROSSINGS SEC Lyons Avenue & Main Street 1,100 - 10,000 Lease $3.00 -$3.25 SF/MO/NNN
John Cserkuti (NAI Capital) 661-705-3551 VALENCIA MART 23154 Valencia Boulevard 1,200 - 10,300 Lease
$1.25 - $2.25 SF/MO/NNN
GRANARY SQUARE 25830-25848 McBean Parkway 1,200, 2,800 Lease
$2.50 - $3.50 SF/MO/NNN
GOLDEN OAK PLAZA 21515 Soledad Canyon Road 4895 Lease
$1.25 - $1.65 SF/MO/NNN
CENTRE POINTE MARKETPLACE 26477-26557 Golden Valley Road 922, 1,022, 1,239 Lease OLD ORCHARD SHOPPING CENTER 23323 - 23453 Lyons Avenue 2,575, 2,280 Lease HIGHRIDGE CROSSING
$2.00 SF/MO/NNN $1.50 - $3.25 SF/MO/NNN
1,090, 1,825, 2,022, 1,825 Lease
$2.75 SF/MO/NNN
CENTER POINTE MARKETPLACE 26583 Golden Valley Road 1005 Lease
$2.75 SF/MO/NNN
CANYON SQUARE 18507 - 18597 Soledad Canyon Road 7,703, 1,292, 975 Lease
$2.00 - $2.50 SF/MO/NNN
Patti Kutschko (Daum Commercial) 661-670-2003 28200 BOUQUET CANYON ROAD Unit A 3500 Lease Unit B 900 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 23558 Lyons Avenue 1200 Lease
$1.65 SF/MO/NNN $1.65 SF/MO/NNN
Cameron Gray (Daum Commercial) 661-679-2004, Cole Taylor (Daum Commercial) 661670-2002 LYONS VILLAGE 23242 Lyons Avenue 1230 Lease 23226 & 23228 Lyons Avenue 2570 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 25710 The Old Road 25710 The Old Road
11,451 4,000 - 11,451
Sale Lease
Not Disclosed $2.00 SF/MO/NNN
Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Randy Cude (Spectrum Commercial Real Estate) 661-567-1244 OLD TOWN NEWHALL PROPERTIES 24357 Main Street 1550 Lease 22520 Lyons Ave; Laemmle Theatre Project 2058 Lease MNN
$2.00 SF/MO/MG $2.25 - $3.00 SF/MO/
GOLDEN VALLEY PLAZA 26573 Golden Valley Road 783 Lease 26583 Golden Valley Road 1005 Lease
TBD TBD
RIVERVIEW PLAZA 19931 Sierra Highway 1479 Lease 19935 Sierra Highway 2074 Lease 26883 Sierra Highway 1220 Lease
$2.00 SF/MO/NNN $2.00 SF/MO/NNN $3.25 SF/MO/NNN
STEVENSON RANCH PLAZA 25860 Hemingway Avenue 2330 Lease 25836-40 Hemingway Avenue 1,071 - 2,142 Lease
$2.25 SF/MO/NNN $2.25 SF/MO/NNN
LYONS PLAZA 23740 Lyons Avenue 2,000 - 8,500 Lease THE VINE CASTAIC LAKE 31709 Castaic Road 4952 Lease 31725 Castaic Road 1063 Lease
$2.00 - $2.50 SF/MO/NNN $1.00 SF/MO/NNN $1.00 SF/MO/NNN
31729 Castaic Road 31731 Castaic Road 31735 Castaic Road 31743 Castaic Road 31749 Castaic Road 31759 Castaic Road 31765 Castaic Road
1220 1742 1077 1216 1400 1450 1422
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
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
SUTTER POINT PLAZA 27737 BOUQUET CANYON ROAD Suite # 109 Suite # 112 Suite # 116 Suite # 119 Suite # 123 Suite # 126 Suite # 132/133
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
Tim Crissman (RE/Max Crissman Commercial Services) 661-295-9300 27630 The Old Road
1,700 – 7,000
VALENCIA TOWN CENTER 24300 – 24305 Town Center Drive
997 – 8,565
Lease Lease
$2.20 -$3.50 SF/MO/NNN
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 # 165 & # 175 Suite # 24 Suite # 25
700 1622 3032 1833
Lease Lease Lease Lease
$1.95 SF/MO/NNN
SWEETWATER PLAZA 33321 Agua Dulce Canyon Road
750
Lease
1.75 SF/MO/MG
$1.75 SF/MO/NNN $1.75 SF/MO/NNN
SANTA CLARITA PLAZA 3662
Lease
$1.25 SF/MO/NNN
1500 2000
Lease Lease
$0.99 SF/MO/NNN $0.99 SF/MO/NNN
CASTAIC CREEK PLAZA
APPLE VALLEY PLAZA 24777-24890 APPLE STREET Suite # 24876 C
Lease Lease Sale
Price $2.65 SF/MO/FSG $2.65 SF/MO/FSG $480 SF/19.5M
Richard Ramirez (CBRE) 818- 907-4639, Craig Peters (CBRE) 818- 907-4616 24711 Avenue Rockefeller, Unit C
1560
Sublease
$1.76 SF/MO/FSG
Sam Glendon (CBRE) 818-907-4616 28338 CONSTELLATION ROAD Suite # D 1/900
6640
Lease/Sale
$2.20 SF/MO/FSG $289.00 SF
Doug Sonderegger (CBRE) 818-907-4607, Craig Peters (CBRE) 818-907-4616 CENTRE POINTE BUSINESS PARK 26340 DIAMOND PLACE Suite # 100 Suite # 110 Suite # 120
2200 4794 2000
Lease Lease Lease
Not Disclosed Not Disclosed Not Disclosed
Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540 LYONS VILLAGE 23226-23248 LYONS AVENUE Suite # 216 Suite # 219/220
879 1201
Lease Lease
$1.75 SF/MO/MG $1.75 SF/MO/MG
1720 1510 2270 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 1163 2875 2510 10255
Lease 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 $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
$1.50 SF/MO/NNN
28494 WESTINGHOUSE PLACE Suite # 112 Suite # 303 Suite # 306 Suite # 308 27421 TOURNEY ROAD Suite # 105 Suite # 207 VALENCIA EXECUTIVE PLAZA 27201 TOURNEY ROAD Suite # 115 RYE CANYON BUSINESS PARK
Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540
SWC THE OLD ROAD/LIVE OAK ROAD 29435 The Old Road 29465 The Old Road
1008 3245 40559
Sale/Lease
TOURNEY PLACE PHASE II
VALENCIA TOWN CENTER
26111 BOUQUET CANYON ROAD Suite # D003B
27413 TOURNEY ROAD Suite # 140 Suite # 150 28310 Kelly Johnson Parkway
Sq. Ft.
VALENCIA ATRIUM Negotiable
Cody Chiarella (CBRE) 818-502-6730, Doug Marlow (CBRE) 818-502-6707, David Solomon (CBRE) 818-907-4628 24510 TOWN CENTER DRIVE Suite # 102 VTC I Suite # 110 VTC III Suite # 170 VTC III Suite # 190 VTC III
Office/Commercial Buildings
440
Lease
$1.25 SF/MO/NNN
28212 KELLY JOHNSON PARKWAY Suite # 200 Suite # 250 Suite # 165 & # 175 RIVER COURT 25106 AVENUE TIBBITTS Suite # 100 Suite # 101 Suite # 102 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
27516 THE OLD ROAD Pad # 1 Pad # 3
2500 3000
Lease Lease
Not Disclosed Not Disclosed
SOLEDAD ENTERTAINMENT CENTER 18710 Soledad Canyon Road 18836 Soledad Canyon Road
3000 1208
Lease Lease
$2.50 SF/MO/NNN $2.50 SF/MO/NNN
SIERRA SQUARE 18402 Soledad Canyon Road
24270 WALNUT STREET 1st Floor 2nd Floor
1000 5694
Lease Lease
$2.25 SF/MO/MG $2.25 SF/MO/MG
829
Lease
$2.00 SF/MO/NNN
24262 WALNUT STREET Suite # 1 Suite # 2
325 325
Lease Lease
$2.08 SF/MO/GROSS $2.00 SF/MO/GROSS
Randy Cude (Spectrum Commercial Real Estate) 661-657-1244 31703 Castaic Road
3582
Sale
$418 SF/$1.5M
Ron Berndt (Daum Commercial) 661-670-2000, Patti Kutschko (Daum Commercial) 661-670-2003 CINEMA PARK 23300 Cinema Drive
150 - 2326
Lease
$1.75 - $2.50 SF/MO/NNN
Reena Newhall 661-253-3344 PLAZA CLARITA 25835 - 25845 Railroad Avenue
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
Bruce Powell (Cornerstone Realty Advisors) 661-295-9000 18560 Via Princessa 31929 Castaic Road 23300 Cinema Drive
1500 1,500-8,200 2326
Randy Cude (Spectrum Commercial Real Estate) 661-567-1244 THE VINE AT CASTAIC LAKE 31709-31725 31749 31759 31731 31735 31675
1,603 - 7,235 1216 1216 1743 1077 1422
Lease Lease Lease Lease Lease Lease
$1.50-2.00 SF/MO/NNN $2.00 SF/MO/NNN $2.00 SF/MO/NNN $2.00 SF/MO/NNN $2.00 SF/MO/NNN $2.00 SF/MO/NNN
Randy Cude (Spectrum Commercial Real Estate) 661-567-124, Alan DiFatta (Spectrum Commercial Real Estate) 661-567-0012 BOUQUET SECO PLAZA 26811-A Seco Canyon
808
Bruce Powell (Cornerstone Realty Advisors) 661-295-9000
Lease
$1.50 SF/MO/NNN
OLD TOWN NEWHALL OFFICE
Tim Crissman (RE/Max Crissman Commercial Services) 661-295-9300 TOURNEY POINTE 27200 TOURNEY ROAD Suite # 100 Suite # 350 Suite # 410
29679 2785 5081
Lease Lease Lease
Negotiable $2.65 SF/MO/FSG $2.65 SF/MO/FSG
Lease Lease Lease
$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
$2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG
Kevin Fenenbock (Colliers Int.) 661-253-5204 VALENCIA OAKS 23822 VALENCIA BLVD. Suite # 200 Suite # 208 Suite # 306
1905 2443 2925
Kevin Fenenbock (Colliers Int.) 661-253-5204 BANK OF AMERICA TOWER 23929 VALENCIA BOULEVARD Suite # 101 Suite # 415
1427 1750
Kevin Fenenbock (Colliers Int.) 661-253-5204 SUMMIT AT VALENCIA 27202, 27220 & 27240 TURNBERRY Suite # 100 Suite # 110 Suite # 110/120
29839 2856 5911
Suite # 120 Suite # 210 Suite # 220 Suite # 240 Suite # 250
3055 12195 1866 1494 5596
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
Kevin Fenenbock (Colliers Int.) 661-253-5204, John Erickson (Colliers Int.) 661- 253-5202 24801 PICO CANYON ROAD Suite # 301 2741 Lease Suite # 102 3032 Lease Suite # 300 3811 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 18252 Lease Suite # 155 1342 Lease Suite # 260 2973 Lease 26326 Citrus Street 2191 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 25134 Rye Canyon Loop 4483 Lease
$1.80 SF/MO/NNN $2.50 SF/MO/NNN
Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607 WESTRIDGE EXECUTIVE PLAZA 26650 THE OLD ROAD Suite #105 3060 Lease Suite #200 2399 Lease 21720 Lease Suite #300
$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 3251 Lease Suite # 140 3484 Lease Suite # 170 2073 Lease 2470 Lease Suite # 200 3733 Lease Suite # 240 (can combine suite 240 and 295) Suite # 250 2870 Lease 3083 Lease Suite # 295 (can combine suite 240 and 295) 2221 Lease Suite # 320
$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 1535 Lease
$2.85 SF/MO/FSG
25360 MAGIC MOUNTAIN PARKWAY Suite # 270 (can combine suites 270 and 280) 1835 Lease 2503 Lease Suite # 280 (can combine suites 270 and 280)
$2.85 SF/MO/FSG $2.85 SF/MO/FSG
David Solomon (CBRE) 818-907-4628, Matthew Heyn (CBRE) 818-907-4619 VTC IV 24200 MAGIC MOUNTAIN PARKWAY Suite # 120 (can combine suites 120 and 130) 4169 Lease Suite # 130 (can combine suites 120 and 130) 1446 Lease Suite # 135 1753 Lease
$2.25 SF/MO/NNN $2.25 SF/MO/NNN $2.25 SF/MO/NNN
VALENCIA PARK EXECUTIVE CENTER $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
Richard Ramirez (CBRE) 818-907-4639 VALENCIA CORPORATE PLAZA 28480 Avenue Stanford 50351 Lease/Sale $315 SF/$15.9M 28470 Avenue Stanford 1,459 - 18,531 Lease
$2.85 SF/MO/FSG; $2.75 SF/MO/FSG
Craig Peters (CBRE) 818-907-4616, Richard Ramirez (CBRE) 818-907-4639 27441 Tourney Road, Suite 100
4486
Lease
$2.65 SF/MO/FSG
Lease Lease
$1.00 SF/MO/FSG $1.00 SF/MO/FSG
Randy Cude (Spectrum Commercial Real Estate) 661-567-1244 HERITAGE OAK 24961 THE OLD ROAD Suite # 101 1689 Lease Suite # 104 1432 Lease
$2.25 SF/MO/MG $2.25 SF/MO/MG
VALENCIA TOWN CENTER IV 23822 W. VALENCIA BLVD Suite # 201 1271 Lease
$2.50 SF/MO/FSG
CENTRE POINTE 21064 Centre Pointe Parkway 3500 Lease
$2.25 SF/MO/MG
Matt Sreden (Spectrum Commercial Real Estate) 661-567-1243, Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540 29021 AVENUE SHERMAN Suite # 101 2662 Lease 31519 Castaic Road 1228 Sale
$1.65 SF/MO/FSG Not Disclosed
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 # 8 1600 Lease Suite # 21 1000 Lease
$1.10 SF/MO/MG $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 Suite # 24876 C 440 Lease
$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
Pamela Verner (SCV Commercial Real Estate Services) 661-714-5271
Office/Medical Buildings 25775 McBean Parkway 25880 Tournament Road
Sq. Ft.
Sale/Lease
Price
1,201 - 6,682 1,043 – 4,559
Lease Lease
$2.76 SF/MO/NNN Negotiable
Cody Chiarella (CBRE) 818-502-6730 PLAZA POSADA MEDICAL CENTER 25050 Peachland Avenue 800 - 1,837 Lease
$1.95 SF/MO/NNN
Cameron Gray (Daum Commercial) 661-679-2004, Cole Taylor (Daum Commercial) 661-670-2002 RYE CANYON BUSINESS PARK 28212 KELLY JOHNSON PARKWAY Suite # 200 6077 Sale Suite # 250 1610 Sale Suite # 165 & # 175 4520 Sale
$399 SF/$2.4M $410 SF/$660,100 $395 SF/$1.8M
27421 TOURNEY ROAD Suite # 105 2368 Lease Suite # 207 7622 Lease
$2.60 SF/MO/NNN $2.60 SF/MO/NNN
CENTRE POINTE PLAZA 26415 CARL BOYER DRIVE Suite # 220 1231 Lease
$2.85 SF/MO/FSG
Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Andrew Ghassemi (Spectrum Commercial Real Estate) 661-567-1241, Matt Sreden (SPECTRUM Commercial Real Estate) 661-567-1243 28114 Witherspoon Parkway
64,450
Lease
$0.74 SF/MO/NNN
Nigel Stout (JLL) 818-631-2068 BOUQUET SECO PLAZA 26781 Bouquet Canyon Rd 3913 Lease
$1.95 SF/MO/NNN
Bruce Powell (Cornerstone Realty Advisors) 661-295-9000
Land (Commercial, Industrial & Retail) Acres Sale Ridge Route Highway Ridge Route Highway 21613 Soledad Canyon Road
20 40 43560
Sale Sale Sale
Price
$.37 SF/$325,000 $.33 SF/$575,000 TBD
Tim Crissman (RE/Max Crissman Commercial Services) 661-295-9300
Richard Ramirez (CBRE) 907-4639 LYONS PLAZA 23502- 23504 Lyons Avenue 1,320 - 5,710 Lease
1510 1416
TOURNEY PLACE PHASE II - BUILDING 5
David Solomon (CBRE) 818-907-4628, Douglas Marlow (CBRE) 818-502-6707 25115 AVENUE STANFORD Suite # A 340 1346 Lease Suite # B 130 2186 Lease Suite # B 215 2206 Lease Suite # B 220 1088 Lease Suite # B 225 764 Lease
Suite # 212 Suite # 215
28541 Witherspoon Parkway
5.51
Sale
$39.00 SF/$9.4M
$1.85 SF/MO/FSG + J
Jim Ebanks (Realty Advisory Group) 661-702-8880 x 12, Lauren Hunt (Realty Advisory Group) 661-702-8880 x 18
VALENCIA FINANCIAL CENTER 23734 Valencia Boulevard 1,523 - 2,105 Lease 28110 Avenue Stanford, Suite A 2120 Lease electric 28097 Smyth Drive, Suite B 1645 Lease
$2.10 SF/MO/FSG + J $1.25 SF/MO/MG +
3840 Crown Valley Road 20521 Roy Drive
$2.45 SF/MO/FSG + J
Randy Cude (Spectrum Commercial Real Estate) 661-567-1244, Alan DiFatta (Spectrum Commercial Real Estate) 661-567-0012
PLAZA POSADA 23542- 23560 Lyons Avenue 450 - 1,070 Lease
$1.75 SF/MO/NNN
Cameron Gray (Daum Commercial) 661-679-2004, Cole Taylor (Daum Commercial) 661670-2002 27819 Smyth Drive
1871
Lease
$1.85 SF/MO/FSG + J
Cameron Gray (Daum Commercial) 661-679-2004, Patti Kutschko (Daum Commercial) 661-670-2003 REBEL PROFESSIONAL CENTER 25050 AVENUE KEARNY Suite # 102 860 Lease Suite # 108 860 Lease
$1.85 SF/MO/FSG $1.00 SF/MO/FSG
Soledad Canyon Road/Camp Plenty NEC Bouquet Canyon Road & Plum Canyon Road NWC Bouquet Canyon/Madrid Road
113 51,697
22 1.86 3.71
Sale Sale
Sale Sale Sale
$0.35 SF/$1.7M $19.37 SF/$989,000
$2.60 SF/$2.5M $25.00 SF/$2.0M $30.00 SF/$4.9M
John Z. Cserkuti (NAI Capital) 661-705-3551 SWC SOLEDAD CANYON RD/GOLDEN VALLEY RD Valley Business Center 1.19 Sale $29.00 SF/$1.5M 1.9 Sale $29.00 SF/$2.4M Valley Business Center Valley Business Center 2.29 Sale $27.00 SF/$2.7M Valley Business Center 2.67 Sale $27.00 SF/$3.1M Valley Business Center 3.86 Sale $26.00 SF/$4.4M Valley Business Center 4.96 Sale $27.00 SF/$5.8M
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 · 19
J U LY 2019 Valley Business Center
6.15
Sale
$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
Ron Berndt (Daum Commercial) 661-670-2000 28541 Witherspoon Parkway
5.5
Sale
$39.00 SF/$9.4M
James Ebanks (Realty Advisory Group Inc.) 661-702-8880 x 12, Lauren Hunt (Realty Advisory Group Inc.) 661-702-8882 x 18 NEWHALL CREEK Railroad Avenue & Wiley Canyon Road 2.76 Sale 17559 Sierra Highway 7.05 Sale
Unit 11
3118
Lease
Unit 13
3070
Lease
$1.15 SF/MO/IG $1.15 SF/MO/IG
28408 Industry Dr
8300
Lease
$0.98 SF/MO/NNN
25215 Rye Canyon Road
12024
Lease
$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
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
8,822 SF
Sublease
$1.09 SF/MO/G
28839 Industry Drive
15,986 SF
Lease
$0.87 SF/MO/NNN
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
28851 Industry Drive
14,256 SF
Lease
$0.87 SF/MO/NNN
28839-51 Industry Drive
30,242 SF
Lease
$0.79 SF/MO/NNN
2836-018-033
27811 Hancock Parkway, Unit A
54,304 SF
Sublease
$0.72 SF/MO/NNN
24715 Avenue Rockefeller
11,025 SF
Lease
$1.09 SF/MO/G
25700-25702 Rye Canyon Road
37,650 SF
Sale
$158 SF/$5.95M
5.29
Sale
$18.30 SF/$2.2M $7.33 SF/$2.2M
Not Disclosed
Yair Haimoff (Spectrum Commercial Real Estate) 8180-579-8540 23600 Sierra Highway 23568 Sierra Highway 23638 Sierra Highway
10.28 6.14 33,785
Sale Sale Sale
$14.29 SF/$6.4M $22.42 SF/$6.0M $17.75 SF/$599,999
Randy Cude (Spectrum Commercial Real Estate) 661-567-1244, Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540
Industrial Buildings 29003 Avenue Sherman
68123
Lease/Sale
Price
Lease
$0.73 SF/MO/NNN
Craig Peters (CBRE) 818-907-4616 REXFORD INDUSTRIAL CENTER 28159 AVENUE STANFORD Unit #175 8098 Lease Unit #180 8241 Lease Units #170 & #185 16339 Lease
$1.20 SF/MO/MG $1.20 SF/MO/MG $1.15/MO/MG
Craig Peters (CBRE) 818-907-4616 28110 Avenue Stanford; Unit C 28110 Avenue Stanford; Unit D 28110 Avenue Stanford; Units C & D 28347 Constellation Road 27520 Avenue Hopkins, Unit F
5720 5456 11,176 5045 2566
Lease Lease Lease Lease Lease
$0.90 SF/MO/NNN $1.00 SF/MO/NNN $0.90 SF/MO/NNN $1.10 SF/MO/NNN $1.10 SF/MO/NNN
Richard Ramirez (CBRE) 818-907-6745 24830 Avenue Rockefeller 25230 Avenue Stanford
14281 24517
Lease Sale
$0.90 NNN $149.00
Sam Glendon (CBRE) 818-502-6745, Craig Peters (CBRE) 818-502-6795 24830 Avenue Rockefeller
15,537
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
Nigel Stout (JLL) 818-631-2068
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 28545 Livingston Avenue
173000
Lease
$0.65 SF/MO/NNN
28454 Livingston Avenue
134287
Sub-Lease
$0.65 SF/MO/NNN
Chris Jackson (NAI Capital) 818-933-2368,Todd Lorber (NAI Capital) 818-933- 2376 26841 RUETHER AVENUE Suite # D 1130 Lease
$1.15 SF/MO/IG
Ron Berndt (Daum Commercial) 661/670-2000 26763 Oak Avenue
13,408
Sale
Not Disclosed
Cole Taylor (Daum Commercial) 661-670-2002, Kevin Tamura (Daum Commercial) 661-670 -2001 28035 Smyth Drive 3888 Sale $285 SF/$1.1M
Cole Taylor (Daum Commercial) 661-670-2002, Cameron Gray (Daum Commercial) 661-670 -2004 26846 Oaks Ave, Unit G, Canyon Country
2000
Lease
$1.05 SF/MO/MG
26846 Oaks Ave, Unit F & G, Canyon Country
4000
Lease
$1.00 SF/MO/MG
Ross Thomas (Delphi Businbess Properties) 818-780-7878 x 104, Chris McKenzie (Delphi Business Properties) 818-780-7878 x 121 26320 Diamond Place #160
2332
Lease
$1.15 SF/MO/NNN
$255 SF/$1.6M
Pamela Verner (SCV Commercial Real Estate Services) 661-714-5271
Kevin Tamura (Daum Commercial) 661-670 -2001, Ron Berndt (Daum Commercial) 661-670-2000 28365 - 28369 Constallation Road 34,115 SF (19,687 -14,428) Sale $175 SF/$6.0M
Randy Cude (Spectrum Commercial Real Estate) 661-567-1244
29021 Avenue Sherman; Front Unit 101
6100
Sale
Kevin Tamura (Daum Commercial) 661-670-2001, Jerry Sackler (Daum Commercial) 213-270-2267 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 7513 Sale
$225 SF/$1.7M
$1.15 SF/MO/NNN $1.15 SF/MO/NNN
CENTRE POINTE BUSINESS PARK 26340 DIAMOND PLACE Suite #100 2,200 Lease Suite # 110 4,794 Lease 2,000 Lease Suite # 120 DISCOVERY GATEWAY SPECTRUM 28296 Constellation Road 5,831 Sale 28396 Constellation Road 3,180 Lease 25371 Rye Canyon Road 12,500 Sublease
8,000
Lease
Not Disclosed Not Disclosed Not Disclosed $285 SF/$1.6M $1.10 SF/MO/NNN $0.82 SF/MO/NNN
Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540 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
$1.50 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
$0.95 SF/MO/MG
VALENCIA INDUSTRIAL CENTER 24932 AVENUE KEARNY Suite # 2 5375 Lease
$1.15 SF/MO/MG
Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Randy Cude (Spectrum Commercial Real Estate) 661-567-1244, Andrew Ghassemi (Spectrum Commercial Real Estate) 661-567-1241
Major Industrial Projects
Sq. Ft.
Sale/Lease
THE CENTER AT NEEDHAM RANCH SWQ of Newhall Avenue/Sierra Highway 16,000 - 209,559 Sale/Lease
CENTRE POINTE BUSINESS PARK 26450 RUETHER AVENUE Suite # 101 2250 Lease Suite # 202 2089 Lease
26541 Ruether Avenue
Price TBD
Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607 Gateway V
50,743-105,047
Lease
$0.74 SF SF/MO/NNN; Sale price undisclosed
VCC; WEST OF I-5/N OF HIGHWAY 126 27788 Hancock Parkway 50930 Lease
$0.77 SF/MO/NNN
2,507 - 16,545 (Showroom) Lease
$1.30 SF/MO/NNN
27736-27772 Hancock Parkway
Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607 IAC Commerce Center (Phase 2)
50,000 - 216,320
Lease
$TBD SF/MO/NNN
29040 AVENUE VALLEY VIEW; WEST OF I-5/N OF HIGHWAY
John DeGrinis, SIOR 818-618-6955, Patrick DuRoss, SIOR 818-219-8903, Jeff Abraham, SIOR 310-880-7403 (Newmark Knight Frank)
Future Office Projects
Sq. Ft.
Sale/Lease
MONTICELLO SQUARE (OFFICE & RETAIL) 26701 McBean Parkway 10000 Lease office: $3.50 NNN for retail
Price $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
Lease
$1.30 SF/MO/IG
25020 AVUENUE STANFORD Suite 70 2815 Lease Suite 110 2907 Lease
Richard Ramirez (CBRE) 818-907-4639, Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607
$1.30 SF/MO/IG $1.30 SF/MO/IG
25421 Orchard Village Road (Medical)
25061 Avenue Stanford, Suite 110
1706
26074 AVENUE HALL Unit 3 4511 Lease
$1.15 SF/MO/IG
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
20 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
J U LY 2019
ARE YOU READY FOR A RECESSION?
KEN KELLER
I
SCVBJ Contributor
t’s been the longest economic growth run in the history of the country, but these good times won’t last forever. I put economic downturns into the same category as earthquakes: you know one will hit someday, so advance preparation is essential. When it does happen, you may or may not be impacted, and you won’t know the severity of the event, the financial impact or how
long it will take you to recover and get things back to normal, or to whatever the new normal is. Recently the topic of a downturn in the economy came up at a Strategic Advisory Board meeting I facilitate, and the takeaway in terms of recommended preparations were invaluable; allow me to share them. The first thing is to have your company finances in order. Make sure that your debt is paid off; if not, make certain it is manageable. There was a suggestion made that business lines of credit should also be secured; locked down, in case they are needed. Along those same lines, your accounts receivable needs to be reviewed and managed. Now is
Your business deserves to have a little LYFE Founded in 2004, LYFE NETWORKS is the premier computer solution provider in Southern California.
SUMMER 2019 SPECIAL Summer in LA is here, and I am sure everyone is ready for vacation! The perfect time to have your network evaluated. Thought about switching your computer support provider? We will offer you a free 1 hour evaluation. In addition, we will price match your current service contract with the same options at the same price but with exceptional service!
“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
the time to implement or update collections policies: slow payers in the good times could easily become no payers in tough times. This may cause your company to lose relationships as you tighten down your willingness to give credit. I have long held the belief that a company should always be reviewing its client (and vendor/ supplier) lists for upgrading. Second, determine your own leading indicators. Too many of us listen to the Federal Reserve mumbling about rising or falling interest rates; we also give too much credence to what Fortune 500 companies are doing. If Lyft or Uber have a bad day, does that really matter? Or that Boeing has some serious issues with a certain model of their 737 plane; how does that impact your business on a day-to-day basis? The answer is simple for most of us: It doesn’t. The airways are filled with this smoke (and smog) with the most significant impact to blur the vision of what is important to a business owner or CEO. That’s why it is critical to learn what the trip wires are in your own industry. There are two that everyone can use that work fairly well as indicators. The first is accounts receivable; if the average days outstanding rises, this is a flashing yellow light. The second is customer reorders (or renewals); if they start to disappear, especially from long-term customers, it’s a flashing red light. If I owned a restaurant, as an example, things like foot traffic, average ticket value; the number of meals served and coupon redemption count would be important metrics to monitor. If I heard that a competitor was growing; looking for more space and people, I would want to know the reasons behind the expansion. Likewise, when a company downsizes staff and gives up physical space, I would want
to know if this was a financial move to reduce costs or a strategic pivot prior to a major event such as a merger, being acquired or in preparation for entrance into new markets or rapid growth. All of this leads to my third point: people. In a growing economy, there are more opportunities for your people to leave you for what they consider to be greener pastures. See my column from last month on that subject. In a shrinking economy, if you are forced to lay people off for economic reasons, you need to have a plan in place before you need it. I recommend to my clients that they need to have a people strategy in place during both good times and bad. If you have people on the bubble; people who you can run your business without, it is probably better that they be let go when times are good for the simple reason that they will find a new job much easier. Likewise, to be better prepared for a downturn, you should have what I call your “lay off list” ready along with whatever other tools you are going to use, such as reducing hours, eliminating overtime, freezing raises and putting a hold on new hires and so forth. The last downturn, The Great Recession, is for many a distant memory, which all the more reason to be prepared and to be ready for the next economic slowdown. Because it is coming. 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.
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 · 21
J U LY 2019
THE VOICE OF BUSINESS ADVOCATE | EDUCATE | CONNECT
ABOUT
SA NTA C L A R I TA VA L L E Y
Chamber of Commerce
The Santa Clarita Valley Chamber of Commerce is the largest business membership organization in the Santa Clarita Valley representing more than 65,000 member employees. The Chamber serves as “The Voice of Business” working as the SCV’s leading business advocacy organization in the third largest city in the County of Los Angeles. Founded in 1923, the Chamber works to advocate for, educate and connect the business community. CHAMBER MANAGEMENT LETTER – VALUE-DRIVEN Friends,
2019 CHAIR NANCY STARCZYK - Realty Executives
EXECUTIVE COMMITTEE HUNT BRALY - Poole & Shaffery, LLP MARISOL ESPINOZA - Southern California Gas Company JEFFREY FORREST - College of the Canyons KEVIN HOLMES - Martini Akpovi Partners, LLP TROY HOOPER - Kiwi Hospitality Partners JILL MELLADY - Mellady Direct Marketing DR. CHRIS RAIGOSA - Kaiser Permanente CHRIS SCHRAGE - LBW Insurance Financial Services
BOARD OF DIRECTORS CORRINE BARCHANOWICZ - Westfield Valencia STEVE COLE - SCV Water Agency JASON CRAWFORD - City of Santa Clarita MONICA HARRISON - LA Film Locations BRIAN HIGGINS - AAA Companies PAM INGRAM - RE/MAX of Santa Clarita ANDRE LUPICA - Logix PATRICK MOODY - Henry Mayo Newhall Hospital BRIAN O’CONNOR - Princess Cruises DAN REVETTO - AT&T MARLON ROA - Marlon Roa Insurance
There hasn’t been a better time to be a member of the SCV Chamber of Commerce. Over the last two years we have worked hard to put the Chamber on solid financial footing and to reimagine the entire organization from top to bottom to best meet the needs of a modern business community. As a result, our membership is growing, our advocacy program is robust and our programs to connect and educate businesses are providing great value to our membership. Today, we are focused on creating value-driven programing for our members. While our annual signature events such as the Employment Law Update, State of the County and Awards and Installation Gala continue to be sold out events, we are creating new programming to meet targeted needs of our business community. Last fall, we launched a Health and Wellness Forum to create an opportunity for our healthcare community to get the latest information on important topics such as single payer. The Forum targeted company CEOs, human resource directors and benefits managers. This year, we’re bringing the Forum back on Oct. 15, 2019 to focus on current topics. As the Chamber continues to evolve, we are focused on providing value to our members. It’s our “value-driven” philosophy. We will be unveiling additional new programs and areas of excellence to best meet the needs of our business community and provide unparalleled value. We have also launched our new website at www.scvchamber.com to clearly demonstrate our value proposition and programming offerings. Please check it out. The SCV Chamber is proud to be of service to our business community. We represent more than 65,000 member employees in the third largest city in LA County. Please let us know how we can continue to provide you with value-driven programming. Sincerely, Ivan Volschenk Evolve Business Strategies — Representing the SCV Chamber of Commerce
HENRY RODRIGUEZ - State Farm Insurance
BUSINESS COUNCILS
SANDY SANCHEZ - FivePoint
GOVERNMENT AFFAIRS COUNCIL
LIZ SEELMAN - Southern California Edison
DR. DIANNE VAN HOOK - College of the Canyons
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.
JOHN VANCE - Vance Wealth
LATINO BUSINESS ALLIANCE
DENNIS VERNER - Burrtec
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.
G. JESSE SMITH - California Institute of the Arts DENNIS SUGASAWARA - Dennis Sugasawara Financial
KARINA WINKLER - Holiday Inn Express RANDAL WINTER - Randal Winter Construction
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.
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
MEMBERSHIP
J U LY 2019
Chamber of Commerce
MEMBER SPOTLIGHT
Henry Mayo Hospital to Open New Patient Tower in September The new $164 million patient tower at Henry Mayo Hospital is scheduled to open in September for patients to move into the new tower, which will feature all private patient rooms with private bathrooms, three new medical/surgical units with 30 beds in each unit, and two nursing stations on each floor. Additionally, the new Center for Women and Newborns will be located on the tower’s second floor. “Our goal is to provide the patients in our community with a modern, amenity-rich healing environment for their care,” said Jonathan Miller, Vice President of Clinical Support and Facility Planning. All the new patient rooms will be private, “which we haven’t had in the past,” he said. “When hospitals were built in the 70s and 90s, they were mostly built for double-occupancy. Patients, more and more, are consumers of health care and they have certain expectations, just as they would for other services they purchase. Hospitals need to meet those expectations by making sure we are providing a clean and comfortable environment that is highly conducive to the healing process.” The all-new Center for Women and Newborns is fully modern and takes up the entire second floor of the building. It will consist of 22 private pre- and post-partum rooms, seven labor and delivery rooms, and two dedicated surgical suites for C-sections. Another new feature in the Center for Women and Newborns will be a new obstetrics emergency department. “The concept there is that we will have 24-hour coverage by an obstetrician who is here on site, so when an expecting mother suspects she’s going into labor and needs to come to the hospital, she can come directly to our obstetrics emergency department instead of our regular emergency room if the situation warrants,” said Miller. The new patient tower will also feature numerous amenities that haven’t been offered in the past, including modern entertainment systems for the patients, and visiting hours that enable family members and loved ones to visit 24 hours a day, 7 days a week. A new café and dining area for visitors and family members that features an outdoor seating plaza where guests can sit outside underneath umbrellas is also included in the building. Special design aspects of the outdoor plaza include a garden and a surrounding mural painted by wellknown local artist Frank Rock. The next big milestone for the new patient tower will be the granting of a certificate of occupancy by the state’s healthcare building authority. After that, staff can go into the building to train and develop their competencies by learning about all the new equipment, paths of travel and different work flows that are changing. The SCV Chamber looks forward to celebrating with long-time member, Henry Mayo Hospital, on the opening of their new patient tower this Fall.
THE VOICE OF BUSINESS
SA NTA C L A R I TA VA L L E Y
ADVOCATE | EDUCATE | CONNECT
NEW MEMBERS Applied General Agency Black ‘N Blue COMPASS Desert Haven Enterprises, Inc Exer More Than Urgent Care feedSCV, Inc Infinity Wealth Management Insperity J&M Events Kalakeke Pacific Island Dance Company Kidz Dental Care SCV Luther Rufus Massage Envy Valencia One True North INC Pacific Western Bank Pilates Pros+ Pineapple Express Santa Clarita City Towing Inc Smart Clinic Urgent Care Valencia Medical Center WhiteStar USA
WELCOME NEW NEXTSCV LEADERSHIP The Santa Clarita Valley Chamber of Commerce is proud to welcome the new leadership team for our young professional’s business council, NextSCV. Chris Schrage of LBW Insurance will lead NextSCV as Chair. Schrage also serves on the Executive Committee of the SCV Chamber’s Board of Directors. “NextSCV has been one of our strongest business councils within the Chamber having provided hands-on leadership training for 40 young professionals over the last two years, as well as learning and networking opportunities for more than 400 future leaders.” said Nancy Starczyk, Chair of the SCV Chamber Board of Directors. Returning members of the steering committee include: Sharlene Duzick - Henry Mayo Fitness Monica Faucet - City of Santa Clarita Peter Warda - Evolve Business Strategies The Chamber is proud to welcome new leadership steering committee members: Jerrod Ferguson - Vance Wealth Todd Hopkins - RE/Max of Valencia Taylor Kellstrom - Junior Chamber of Commerce (JCI) Lindsay Schlick - SchlickArt and Photography For more information on NextSCV, please contact us at hello@scvchamber.com
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 · 23
J U LY 2019
THE VOICE OF BUSINESS ADVOCATE | EDUCATE | CONNECT
SA NTA C L A R I TA VA L L E 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 state-wide issues that have direct impacts on our local businesses. Here’s a look at how the Chamber has been advocating for business this year ADVOCATING IN SACRAMENTO FOR SCV BUSINESSES The SCV Chamber met in the State Capitol with legislative leaders, the Governor’s Office of Business & Economic Development, and the California Chamber of Commerce to advocate on issues pertinent to Santa Clarita Valley Businesses. The Chamber’s delegation was led by Chair of the Board, Nancy Starczyk, and Government Affairs Council Co-Chairs, Hunt Braly of Poole & Shaffery and G. Jesse Smith of CalArts.
COALITIONS JOINED As part of our advocacy efforts, the SCV Chamber has joined the following coalitions to support our business community:
Chamber members were welcomed by Assemblywoman Christy Smith and held personal conversations with Speaker of the Assembly Anthony Rendon and Assemblymember Sabrina Cervantes, Chair of the Committee on Jobs and the Economy. We were also joined in a roundtable discussion by Senator Bob Hertzberg, Senator Henry Stern and Assemblywoman Christy Smith. The Chamber’s advocacy session included a lunch meeting at the California Chamber of Commerce with Executive Vice President of Government Relations, Jennifer Barrera. Topics discussed included jobs, economic development, homelessness, water, land use, and independent contractors. Following the Chamber’s advocacy roundtable discussions with legislative and state-wide business leaders, the Chamber delegation joined the annual KHTS Radio Sacramento Bus Trip for additional briefings with Sen. Scott Wilk, Assemblyman Tom Lackey and other government agencies.
LEGISLATIVE ACTIONS
The Chamber’s Government Affairs Council is active in reviewing local, regional and statewide legislation and proposals. The following are issues and legislation the Chamber has actively taken a position on to be The Voice of Business for the Santa Clarita Valley:
SUPPORTING BILLS Job Creation Overlay Zone (City of Santa Clarita) Assembly Bill 5 - Stop the Misclassification of Workers (with proposed amendments) Assembly Bill 71 - Employment Standards: Independent Contractors and Employees Assembly Bill 1809 - Disable Veterans Business Enterprise Assembly Bill 873 - California Consumer Privacy Act: Personal Information Assembly Bill 846 - California Consumer Privacy Act: Customer Loyalty Program Assembly Bill 1564 - California Consumer Privacy Act: Consumer Request for Disclosure Method Assembly Bill 782 - CEQA Exemptions for Land Conservation Acquisition Assembly Bill 533 - Income Tax Exemption for Water Rebates Assembly Bill 25 - California Consumer Privacy Act: Clarify Business Compliance with Consumer Request Assembly Bill 874 - California Consumer Privacy Act: Publicly Available Information Assembly Bill 1146 - California Consumer Privacy Act: Exemption Related to Privacy Related to Vehicle Information Assembly Bill 1416 - California Consumer Privacy Act: Businesses Collection and Disclosure of Consumer Information Senate Bill 753 - California Consumer Privacy Act: Definition of Sale Senate Bill 621 - Expediting CEQA Review for Affordable Housing Projects Senate Bill 744 - CEQA Exemptions and Judicial Review for State Funded Homeless Housing Projects Senate Bill 669 - Safe Drinking Water Trust
OPPOSING BILLS Assembly Bill 161 - Mandating Electronic Receipts Assembly Bill 441 - Underground Water Storage Assembly Bill 1568 - Withholding Transportation Funds for missing Housing Production Goals Senate Bill 561 - California Consumer Privacy Act: Consumer Remedies
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
THE LINEUP
J U LY 2019
THE VOICE OF BUSINESS
SA NTA C L A R I TA VA L L E Y
Chamber of Commerce
ADVOCATE | EDUCATE | CONNECT
SIGNATURE EVENTS
JULY 11 Patriots Luncheon 11:30 a.m. - 1:30 p.m. Hyatt Regency Valencia | 24500 Town Center Drive, Valencia, CA
Join us as we salute our local veterans for their leadership in our business community and dedicated service to America at our annual Patriots Luncheon. This spectacular event is a great opportunity for our business community to come together and honor those who have given our country so much.
September 18
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:
JULY 17 Valencia Acura AUGUST 21 Oakmont of Valencia OCTOBER 16 Resurgence IT Hispanic Heritage Celebration NOVEMBER 20 Embassy Suites
5:30 p.m. - 8:00 p.m. Location: TBA
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!
OCTOBER 15 Healthcare Forum 7:30 a.m. College of the Canyons | 26455 Rockwell Canyon Road, Santa Clarita, CA
For the second year, our Corporate Medical Partners have come together to host a Healthcare Forum, featuring experts in the medical field that will discuss a variety of topics. You will also have the chance to visit different healthcare vendors and seek vital information for your everyday needs.
OCTOBER 28 Oak Tree Classic 8:00 a.m. Valencia Country Club | 27330 Tourney Road, Valencia, CA
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.
#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
JULY 18 Amy Wiese—Kaiser Permanente AUGUST 8 Marisol Espinoza—SoCal Gas SEPTEMBER 12 Kathie Martin—SCV Water Agency OCTOBER 10 Dr. Shukan Kanuga—Kidz Dental Care NOVEMBER 14 Sara Mosleh—Valencia Medical Center
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
JULY 25 SchlickArt Photography & Video AUGUST 14 Vance Wealth SEPTEMBER 10 Insperity OCTOBER 3 AT&T For more information and registration details for each of our events, go to:
SCVchamber.com For sponsorship or any other information please email hello@scvchamber.com
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
J U LY 2019
THE VOICE OF BUSINESS ADVOCATE | EDUCATE | CONNECT
1
4
PHOTO GALLERY
SA NTA C L A R I TA VA L L E Y
Chamber of Commerce
2
3
5
7
6
8
1. Henry Rodriguez recently celebrated eight years with a grand re-opening of the Henry Rodriguez State Farm Insurance office. Courtesy Joie de Vivre Photographie 2. Kathryn Barger present ZOE International with a check. Courtesy SchlickArt Photography and Video Studios 3. Barger is joined on stage by Dr. Jonthan Sherin, director of Los Angeles County Department of Mental Health, and Sachi Hamai, chief executive officer of Los Angeles County. Courtesy SchlickArt Photography and Video Studios 4. Embrace Your Smile grand opening. Courtesy Joie de Vivre Photographie 5. From left, L.A. County Supervisor Kathryn Barger speaks with Mark Pestrella, director of Los Angeles County Department of Public Works, and Amy Bodek, director of Los Angeles County Department of Regional Planning at the State of the County event hosted by the SCV Chamber of Commerce. Courtesy SchlickArt Photography and Video Studios 6. Claudia Dunn-Martinez UCLA, area marketing and community outreach manager, speaks at the State of the County Courtesy SchlickArt Photography and Video Studios
7. D’Wilfri DanceArt and Entertainment grand opening. Courtesy Joie de Vivre Photographie 8. Painting with a Twist grand opening. Courtesy Joie de Vivre Photographie
26 · S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L
ADVERTISING
J U LY 2019
SA NTA C L A R I TA VA L L E Y
Chamber of Commerce
THE VOICE OF BUSINESS ADVOCATE | EDUCATE | CONNECT
THE SANTA CLARITA VALLEY CHAMBER OF COMMERCE, IN PARTNERSHIP WITH THE CITY OF SANTA CLARITA, IS PROUD TO ANNOUNCE THE HONOREES FOR THE NINTH ANNUAL PATRIOTS LUNCHEON: AN EVENT HONORING LOCAL VETERANS FOR THEIR SERVICE TO OUR NATION AND LEADERSHIP IN OUR BUSINESS COMMUNITY.
The 2019 honorees (listed alphabetically) are: • • • •
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 REGISTER AT:
SCVChamber.com 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 THE VOICE OF BUSINESS ADVOCATE | EDUCATE | CONNECT
• • •
Mario Aquilani, U.S. Army – World War II Ronald Boudreaux, U.S. Army – Vietnam War Jack Crawford, U.S. Army – Vietnam War David Jackson, U.S. Army – Operation Desert Shield/Storm, Operation Iraqi Freedom Michael Reyes, U.S. Army – Operation Iraqi Freedom Toshiaki Watanabe, U.S. Army – Korean War Gretchen Zovak, U.S. Army Intelligence – Operation Desert Shield/Storm, Bøllebank UN Mission
“We are proud of this year’s honorees, having been selected from a large pool of excellent community nominations,” said Nancy Starczyk, chair of the board of directors for the SCV Chamber of Commerce. “The Patriots Luncheon recognizes veterans who have not only sacrificed for this country, but also serve our Valley’s business community.” Veterans were nominated by both chamber members and local residents and then selected by a committee composed of veterans and business leaders. “The luncheon is a truly unique opportunity to show our respect for those whose service at the community and national level brings so much good into our lives: service that sometimes goes unrecognized,” said Ivan Volschenk, managing partner at Evolve Business Strategies. “We hope community members consider spending the afternoon with us as we honor the impact of these extraordinary individuals.” The event will be held on Thursday, July 11, 2019 beginning at 11:30 a.m. at the Hyatt Regency Valencia. Tickets and sponsorships are available on the Chamber’s website at www.scvchamber.com. This year’s title sponsor is Andy Gump. Additional sponsors include the City of Santa Clarita, FivePoint, Princess Cruises, Wells Fargo, Bayless Manufacturing, The Signal, KHTS Hometown Station, Chiquita Canyon, American Family Funding, Supervisor Kathryn Barger, Eternal Valley Memorial, SCV Veteran’s Memorial Inc., FastFrame, Homes4Families, College of the Canyons, Westfield Valencia and Santa Clarita Veteran Services Collaborative.
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 · 27
J U LY 2019 FOUR QUESTIONS
MARIANE DOYLE Mariane Doyle is the director of career technical and adult education for the William S. Hart Union High School District, which educates approximately 22,000 junior high and high school students in the Santa Clarita Valley. The district also offers educational classes through the Golden Oak Adult School. 1. Please describe what your role entails for the William S. Hart Union High School District? I oversee all of the career pathways and college and career readiness activities in the district as well as our adult education program. Career and College Readiness is the overarching department and it includes efforts like career technical academies, pathways, and after-school classes that often include an online component that now uses Canvas, the online learning management system used by all of the community colleges in California and many California State Universities including Northridge. In addition, we support career
2. Could you please talk about your background and how it helps in your position?
PHOTO BY DAN WATSON / THE SIGNAL exploration and college preparatory efforts like freshman and junior high seminar, the college and career fair, parent university, and all of the career education classes in our junior high schools. The adult school, Golden Oak, is part of the career and college readiness department and supports these efforts by providing adult students with coursework to learn English, acquire basic skills, obtain a high school diploma or equivalency certificate, and earn short-term career certifications to become a certified medical assistant, certified pharmacy technician, or certified phlebotomist, all at a public post-secondary institution! Most of our classes are free and the career certifications are very low cost.
I have pursued careers in private industry, as well as in education, and the combination of my skills is what led me here. Starting with a career in hospitality that culminated in a director of marketing and sales position, and then transitioning to software development where I worked as a product analyst, quality assurance technician and technical writer, I learned early and quickly how to succeed in the business world. With bachelor’s and master’s degrees in English, I became a teacher first in high school with 10th-grade English and business classes, and then in higher education as an adult education English as a second language teacher, before becoming full-time faculty in English at Morgan State University in Baltimore. I later transitioned to K-12 administration in career technical education and earned my Ph.D. in Educational Leadership and Higher Education, and am currently teaching part-time at California State University, Northridge in the Educational Leadership and Policy Studies Department’s Ed.D. program. 3. What are some of the most popular offerings for Hart District families from the William S. Hart Union High School District Pathways program? We offer 31 distinct kinds of pathways with a total of 76 pathways offered districtwide. The most popular of these include video production, photography, medical science, sports medicine and the culinary arts.
In addition, we offer unique pathways like construction, automotive, engineering and computer science, among many more. 4. What types of partnerships and information does the district use to stay current on the needs of the business community, to make sure the classes are relevant? We are close partners with College of the Canyons and work closely together on our career pathways as well as through our adult education consortium, Gateway SCV. I also create the Business Collaborative meeting that brings together Hart District business partners, government representatives and members of the community on a quarterly basis to address the workforce needs of the community and report on the district’s efforts. In addition, I work closely with the Valley Industry Association and the SCV Chamber of Commerce to ensure we have a presence with our business community. On an annual basis, we hold an advisory night where business partners provide direct input into the curriculum of each career pathway and we discuss state and federal labor market data, as well as completion data for each high school pathway. Through their input, business partners really drive the development, sustainability, and relevance of each of our pathways; we really can’t exist and serve our purpose of creating a robust future workforce without them! For more information about the Hart District’s CTE program, visit PathwayToMy Future.org.
NEW RESTAURANT, LOUNGE REPLACES EMC SEAFOOD BY TAMMY MURGA Signal Staff Writer
V
alencia Town Center visitors may have noticed a white banner announcing the opening of Black ‘N Blue, a new entertainment destination replacing EMC Seafood & Raw Bar. The restaurant and lounge promises to bring features such as a large 360-degree bar, games and gourmetstyle food menu with what owners called “a Los Angeles feel.” “Black ‘N Blue will be more of an entertainment venue,” said Lee Kan, general partner of Zao Brands, which owns the new restaurant, The Bunker Hill, Wokano and other eateries across Southern California. “Santa Clarita doesn’t have good
entertainment areas, so I want to bring this all under one roof. Restaurants offer a two-hour experience. I want to offer four hours.” Kan revealed EMC, which opened August 2018, had struggled to stay in business due, in part, to its location. “One of the challenges that we have in Valencia is that it’s a very saturated area. There’s lots of restaurants and not enough eaters,” he said. “We have nine other locations for EMC that are performing well, but this one did not, unfortunately.” To offer something different to the area, Kan said the project will offer a 50-seat bar with “regular cocktails on one side and higher-end drinks like scotch and whiskey on the other,” as well as a section for billiards, wine tasting, a lounge patio
Black N’ Blue on Town Center Drive coming soon after EMC’s closure. PHOTO BY DAN WATSON / THE SIGNAL with fire pits and live music. Black ‘N Blue will also offer a formal dining experience with a limited menu geared toward serving smaller plates, as well as some EMCinspired dishes due to popularity. “The food will complement the
drinks, as opposed to the other way around,” said Kan. Black ‘N Blue is located at 24300 Town Center Drive, Suite 110. Business hours are expected to run from 4 p.m. to 2 a.m.
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
J U LY 2019
THE LIST: L argest L aw F irms COMPANY
2018# ATTORNEYS
2018 FULL-TIME COMPENSATION SUPPORT STAFF
YEAR EST.
TOP LOCAL EXECUTIVE
CONTACT INFO 25350 Magic Mountain Pkwy. 2nd Floor, Santa Clarita, 91355 (661) 290-2991 www.pooleshaffery.com
Poole & Shaffery LLP
20
38
Retainer or hourly
1998
John Shaffery Managing Partner
ReapeRickett Law Firm
11
8
Hourly
1992
James Reape Senior Managing Partner
25152 Springfield Ct., Ste 100, Valencia, 91355 (661) 288-1000 www.divorcedigest.com
Owen Patterson and Owen
7
22
Contingency
1977
Richard A. Patterson, Esq. /Susan Owen, Esq./ Greg Owen, Esq.
23822 W. Valencia Blvd. Ste. 303, (661) 799-3899 www.opolaw.com
Donahoe & Young LLP
6
9
Depends
1999
Mark T. Young
25152 Springfield Ct. #345, Valencia, 91355 (661) 259-9000 www.donahoeyoung.com
Law offices of C. Ray Carlson
4
5
Contigency
1984
Ray Carlson
27951 Smyth Drive, Ste 101, Valencia 91355 (661) 294-0044 www.craycarlson.com
The Bridgeford Law Office
4
5
Contingency
1999
Mark Bridgeford
25060 Avenue Stanford, # 285, Valencia, 91355 (661) 775-9300 www.bridgefordlaw.com
Diamond & Associates
4
3
Retainer or hourly
2001
Mr. David Diamond
28005 Smyth Dr. #190, Valencia, 91355 (661) 295-4646 www.losangeles-criminalattorney.com
The Werner Law Firm
3
10
Varies
1975
L. Rob Werner
27433 Tourney Rd. Ste. 200 Valencia, 91355 (661) 252-9022 www.wernerlawca.com
Markson Pico LLP
3
1
Depends
Brett Markson and Timothy Pico
27240 Turnberry Ln. #200, Valencia, 91355 (661) 775-0877 www.marksonpico.com
The Law Offices of Wax and Wax
2
10
Depends
Gordon Lee
27201 Tourney Rd. #200-B, Valencia, 91355 (661) 255-9585 www.waxlawfirm.com
Kanowsky and Associates
2
3
Hourly
Mr. Carl Kanowsky Senior Partner
26481 Summit Cir., Santa Clarita 91350 (661) 290-2656 www.kanowskylaw.com
McNamara Law Firm
2
5
Retainer or hourly
Jane McNamara
28212 Kelly Johnson Pkwy. #110, Valencia, 91355 (661) 287-3260 www.janemcnamara.com
Gharibian & Oliver Attorneys
1
2
Retainer or hourly
Paulette Gharibian & April Oliver
25350 Magic Mountain Pkwy. #240, Valencia, 91355 (661) 254-4100 www.gocallaw.com
ATTORNEY
Continued from page 15
not immaterial, no matter how serious a case might be. Attorney fees vary widely, and professional legal advice is often expensive, especially when cases are complex and lengthy. Expect to sign a contract regarding fees before an attorney begins working on your case. Many attorneys will provide cost estimates, so get those in writing. Seek recommendations. As noted, many people require the services of an attorney at least once in their lifetimes. So don’t hesitate to ask family, friends or coworkers for recommendations. Word-of-mouth can be a great way to find a reliable, trustworthy attorney.
1996
2010
Attorneys should not be the only ones to speak during a consultation. Make a list of general questions and questions specific to your case and don’t hesitate to ask them. Employment law and educating the community’s business owners and managers on the topic is one area where the firm has taken a leading role in the Santa Clarita Valley. Brian Koegle, a partner at Poole & Shaffery, frequently leads discussions about legal updates that are
relevant to management, administration and operations. At a forum at the Hyatt Regency Valencia earlier this, for example, Koegle touched on topics such as time-keeping regulations, #MeToo issues and the potential challenges surrounding the rules for
independent contractors. Among the best practices for business owners that Koegle discussed at the forum include: Performing an annual audit of employment practices, policies and procedures; updating the employee handbook to reflect law changes; maintaining written job descriptions for every category of employment; updating wage claim release language, obtaining employment practices liability insurance coverage. Tammy Murga and Metro Creative Content contributed to this report.
J U LY 2019
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 · 29
STATE, SCV BUSINESS LEADERS WEIGH IN ON SB 522 BY TAMMY MURGA Signal Staff Writer
L
egislative efforts to tax services have once again resurfaced in California with Senate Bill 522, but state and local business leaders say adoption could increase costs to businesses and residences, including those located in the Santa Clarita Valley. The bill, introduced by Sen. Bob Hertzberg, D-Van Nuys, in February, would make legislative findings to update California’s tax system by extending the levy to business services. SB 522 is essentially a statement of intent without the specifics about what services would be taxed, but concern has been expressed that this could mean a tax on lawyers, accountants, architects, engineers and hairdressers. This isn’t the Los Angeles legislator’s first try at the concept of a business service tax. Last year, SB 993 extended sales tax to services, such as those provided by consultants and accountants, to offset what Hertzberg believed as benefits to businesses in federal tax reform. The 2018 bill, however, failed to advance. The overall intent of related legislation is to “modernize and restructure the state’s tax system” to help reduce budget volatility, maintain California’s progressivity in the tax code and create steady revenue growth under the realities of the state’s 21st-century economy. Although efforts have been repeatedly obstructed, John Musella, whose companies like The Musella Group and Evolve Business Strategies provides management services for the SCV Chamber of Commerce and other large name companies, said adding more taxes is not a solution for restructuring the Graphic designer Geraldine Jouvin works on her computer at Small Dog Creative in Santa Clarita. Small and midsized businesses could feel the pinch if this effort, which is aimed at making the state’s tax revenue less volatile, is successful. SIGNAL FILE PHOTO
Construction workers continue progress at the site of new parking structure at Vista Canyon. SB 522 aims to “restructure” California’s tax system, which include an additional tax burden on business services in industries such as construction. PHOTO BY LORENA MEJIA / THE SIGNAL a tax on labor and put California from sales and use taxes on goods. state’s tax system. “You don’t increase the burden businesses at a competitive In 1950, sales and use taxes made on businesses by adding more taxes up 61% of the state general fund, and disadvantage. and call it a ‘restructure,’” he said. “These problems put California today accounts for 30%, while per“Businesses in California do not companies at a competitive sonal income tax accounted for 12% need another tax. We are one of the disadvantage, place a burden on percent 69 years ago and 70% today, highest-taxed states in the country small businesses in particular,” the according to Hertzberg’s office. and it’s hard enough to do business report states, “and result in higher This tax structure has resulted in the state that we don’t need costs for consumers.” in boom-and-bust cycles as another tax for service providers.” In the SCV, Kaye said the cost of income of the state’s top earners In the SCV, he added, housing would particularly be at risk can dramatically fluctuate. A implementing a levy on business should a service tax be applied. CalChamber-backed up study services would “hurt drastically “California already has a high cost revealed that such a business service because we have a lot of small of living and people can’t afford to tax would not significantly improve businesses and companies providing a volatile cycle — the ultimate intent live closer to their jobs,” he said. “If a variety of services. I’m a smallyou apply, for example, a 5% tax on behind the tax legislation. business owner and this would mean business services, it would increase The study, titled “Analysis of pay bookkeeper services and all the cost of a house by 3%. Sales Taxes on Business Services services you pay as a small business. “The reason is that there are lots of in California,” was conducted by Anytime you take more money from Encia Advisors and sponsored services like architects and engineers, people, it hurts the economy.” lots of services that would be taxed by the California Foundation California has moved from an and rolled into the homes. When you for Commerce and Education, a economy based on agriculture and add that much cost to a house, you nonprofit think tank affiliated with manufacturing to a service-based automatically making it less affordCalChamber. economy, resulting in state tax able to a certain number of people. If the tax applied to all business revenues heavily dependent on We’re very concerned about that.” services and would not affect personal income taxes rather than Other areas affected would include economic activity, volatility would the construction of schools, roads fall by 18%, the study found. and key infrastructure, Kaye added. “The state has a very volatile Although efforts to pass system, which is true, and the service Hertzberg 2018 bill failed, Governor tax is said to reduce volatility,” Gavin Newsom has expressed said Loren Kaye, president of openness to updating California’s the foundation. “We found that tax system and spoke about the that’s not the case. It wouldn’t possibility when presenting the meaningfully reduce volatility and January budget. that’s the main justification.” SB 522 is currently pending awaitThe report also argues that a ing discussion in the Senate Rules business service tax would increase costs across economic sectors, create Committee.
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
J U LY 2019
FOUR QUESTIONS
RENEE BERLIN Renee Berlin is the current chair for the City of Santa Clarita’s Planning Commission. She has an extensive background in planning projects, and she recently discussed that and the role with her city in this interview with the Santa Clarita Valley Business Journal. 1. Could you briefly describe your professional background and what your role with Metro entailed, as Senior Executive Officer in Countywide Planning? I have over 35 years’ of public service experience in transportation planning, working with Caltrans and Metro. Additionally, I have a B.A. in Urban Studies from Washington University in St. Louis and a master’s degree in Urban Planning from UCLA. At Caltrans, I held a variety of roles in the Public Transit section, Ridesharing unit, Transportation Planning and Transportation modeling section, and
OPENING A NEW BUSINESS?
THE SIGNAL CAN HELP! We will help you publish your Fictictious Business Name or D.B.A. If you have already filed with the County Clerk, we can publish immediately. We are adjudicated for LOS ANGELES COUNTY. FOR MORE INFO, PLEASE CALL:
(661) 287-5569 dba@signalscv.com
priorities that served as the basis for the development of the Measure M (2016 half cent Transportation Sales Tax) Expenditure Plan.
their Governmental Affairs Department. At Metro, my career in Transportation planning spanned managing highway, arterial, public transit, and Goods Movement projects. ... My last position with Metro prior to my retirement in 2016 was senior executive officer in the Countywide Planning Department. In this role, I was responsible for environmentally clearing Metro’s major transit corridor projects including the Orange Line Busway Canoga Extension to Chatsworth, the Crenshaw/ LAX Line and Purple Line (Westside Subway) currently under construction and the Airport Metro Connector Station (LAX station) to name a few. ... Additionally, in working with the 89 jurisdictions throughout the county, we completed the Mobility Matrices which identified local transportation
2. What piqued your interest in serving as a member of the Santa Clarita Planning Commission? I always wanted to become involved with the City government, but commuting to downtown Los Angeles and attending night and weekend meetings didn’t leave me the time. With my retirement, I now have the time. I firmly believe that if you are to be involved, you need to be truly committed and spend the time understanding the issues to ensure that appropriate, responsible decisions are made. I applied for the City’s Planning Commission because with my Planning education, experience, knowledge and ability to work with others, I felt I could bring a fresh, unique perspective to the commission. 3. How did your experience as someone involved in planning at the countywide level impact or influence your role in serving as chair of the Planning Commission for the city? Through my work at Caltrans and Metro, I learned that partnerships, relationships, a broad perspective, as well as the ability to listen to all voices is most important. To work in a collaborative and professional manner with staff, partners and the public are key. It is also important that all have a voice, and that issues are addressed to the extent that they can be, which certainly holds true
at the local level. My role as the Chair of the Planning Commission is to facilitate discussion to ensure that decisions on projects and programs have been fully vetted with City staff and the public, that they meet environmental requirements, and are consistent with the General Plan and Unified Development Code. 4. Santa Clarita is in the midst of an ambitious plan with Santa Clarita 2020. What are some of the responsibilities that come with being a member of the Planning Commission during this; and what part do you most enjoy about the role? I feel it is the Planning Commission’s responsibility to ensure that projects are approved based on sound environmental analysis that complies with the California Environmental Quality Act (CEQA), takes public input into consideration, fits into the built environment, reduces Greenhouse Gas emissions and is responsible, smart and sustainable. What I enjoy most about being on the Planning Commission is travelling around the City visiting project sites, meeting people, listening to their thoughts allows me to work in a collaborative manner. I appreciate the time that City staff spends on each application and the work my fellow Commissioners put in. Most importantly, I enjoy being a part of the city’s continued effort to create a vibrant, safe and great city to call home.
BUILDING UP FOR A STRONG JOBS FUTURE BY JOHN MUSELLA, Partner, Evolve Business Strategies
T
he Santa Clarita City Council is considering the approval of a Jobs Creation Overlay Zone, or JCOZ, which would streamline development processes and raise the allowable height of office buildings to five stories. As our business community continues to grow with new business attraction and local expansions, it’s vital for the City of Santa Clarita to provide appropriate development opportunities that meet current and future needs of business.
The city continues to be ranked as one of the most business-friendly in California, and the Job Creation Overlay Zone will further that reputation, and help open the doors for more businesses to locate here with high-quality jobs. As noted at the 2019 SCV Economic Outlook event in March, economic and real estate experts expressed the need for increased building height as a notable change in market demand. The JCOZ will help create a level of confidence for business owners when looking to locate in Santa Clarita which makes us a more competitive destination for businesses to locate. In addition to the chamber supporting the proposed JCOZ, the SCV Chamber Board of Directors further discussed, and supports, the need for
the city to seriously consider increasing the allowable number of stories for office buildings to six stories and establish an equivalent height for industrial buildings, as well. Businesses who can provide highpaying, high-quality jobs in Santa Clarita need the ability to build larger corporate offices. Now is the time to ensure our planning efforts help create more high-quality jobs in the City of Santa Clarita. Providing these opportunities will continue to make Santa Clarita one of the most business-friendly cities in the state of California. John Musella is a partner with Evolve Business Strategies which manages the operations of the SCV Chamber of Commerce. Musella is a resident of Santa Clarita and also a past chair of the SCV Chamber of Commerce.
S A N TA C L A R I TA VA L L E Y B U S I N E S S J O U R N A L · 31
J U LY 2019
MAKE A CONTRIBUTION PAUL BUTLER Signal Contributing Writer
L
Great leaders want to make a contribution by investing in people. Rather like a good gardener, they understand the life is in the seed and their job is to create the most optimal conditions for the garden to grow.
ast night, I had the honor of facilitating a leadership seminar for the SCV Jaycees, also known as the Junior Chamber International’s Santa you manage people, you’re sadly Clarita Valley chapter. mistaken. People innately do not For those of you who haven’t like to be managed. We manage heard of them, they are a things and we lead people. People leadership and civic organization are open to our leadership if they for people between the ages of 18 trust us. and 40. Trust is the commodity between I encouraged the Jaycees to people. consider the contribution they The thing with things is they want to make as a leader. See, don’t think. Humans are four dimediocre managers don’t think mensional — the body, the heart, about giving — they think about the mind and the spirit or the soul. taking. Conversely, great leaders ‘Things’ are just one dimensional think of others, much more than — the physical. For example, the they think of themselves. air conditioning system needs to When I look back and consider be managed and controlled. Great the people I worked for prior to leaders understand how to bring starting our own business, I can out the very best in people — clearly see two types of boss — to get them fired up on all four mediocre managers and great cylinders. leaders. Great leaders want to make Management is an industrial age a contribution by investing in term, when the primary asset value people. Rather like a good garof organizations was machines they understand the life is in Don’t settle fordener, advertising and other capital. We’re now in the seed and their job is to create SCVage’ jobsthe just what we call the your ‘information moston-line. optimal conditions for or the ‘knowledge worker’ age — the garden to grow. where the primary asset value of Great leaders take time to ask organizations is the intellectual the opinion of others and in doing property created through, and by, so; they are tapping into the inteltalented people. lectual capacity of their people — The trouble is, some supervisors the mind.your Call now to advertise try and manage as if it’s still the They invest time to ensure employment opportunities. people are placed in positions industrial age. where their passion for their work Management by its very661.287.5569 nature SKYBOX can flourish — the heart. TEXT is about control. Ifyprevitire@signalscv.com you think
See your ad in PRINT and on our WEBSITE
Don’t settle for advertising your SCV jobs just on-line.
They’re keen to inspire people to consider the legacy they want to leave — the difference they want to make to improve matters — this could be the spirit or the soul at work. Great leaders ensure they’re creating the right environment for their people to thrive and influence matters to make sure that people are rewarded and looked after well — that’s the physical dimension. Great leadership is very similar to being a good gardener. My father-in-law in England is a wonderful gardener. I remember a couple of summers back, visiting and walking around his garden that’s been tenderly loved and nurtured for nearly six decades now, and commenting on the beauty and orderliness of the gardens. My father-in-law made a rather profound statement that stuck with me. He said: “Paul, the life is in the seed. My job as the gardener is to tend the garden. Sometimes, I have to move plants. Sometimes, they need more water. Sometimes they need me to provide a stilt to support their
growth. On occasion, a plant may need more time in the sun or less. I have to constantly weed though because left alone, decay creeps in. My contribution is to tend the garden so it doesn’t decay.” Peter Drucker, the late eminent Austrian professor who served at the Claremont colleges for many years, said something similar about the human condition within the gardens of the workplace: “The only things that evolve by themselves in an organization are discordance, disharmony and distrust — great leaders set out to create and sustain an intentional culture.” So, thank you Jaycees — I was reminded last night of the noble, honorable responsibility to manage yourself and to lead others well. I hope I spoke into some timeless, objective and universal principles last night that will encourage you for many years to come in your contribution as a leader — not only in your workplaces but also your homes, and within the communities you choose to serve. 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.
Awards • Plaques • Trophies
Acrylic Awards - Cast Bronze - Thermoplaques - Corporate Awards - Retirement Awards Employee of the Month Recognition - Engraving - Laser/Glass Etching - Industrial Labeling
See your ad in PRINT and on our WEBSITE . 100 YEARS
SignalSCV com
Call now to advertise your employment opportunities. 661.287.5569 SKYBOX TEXT yprevitire@signalscv.com 100 YEARS
Voted Best Awards Shop in the SCV
661.259.5067
23003 Soledad Cyn. Rd., Saugus
sales@rrawards.com RRAWARDS.COM
EMPLOYMENT LAWS HAVE CHANGED FOR 2019 It is extremely difficult for businesses to comply with California’s ever-changing employment laws. Call today for a review of your employment policies and procedures.
Minimize Your Risk of Exposure Today! Poole & Shaffery, LLP’s employment law services include: ■
Employment Agreements
■
Insurance
■
Employment Practices
■
Confidentiality Agreements
■
Severance Agreements
■
Family Medical Leave Act, California
■
OSHA Compliance/Violations
■
Employment Handbooks
■
Regulatory Compliance
■
Unfair Competition/Trade Secrets
■
Workforce Reductions
■
Wage/Hour Law Compliance
■
Terminations
Family Rights Act, and related leaves
Call 855-997-7522 today to schedule your consultation!
Santa Clarita 25350 Magic Mountain Parkway, Second Floor | Santa Clarita, CA 91355 855-997-7522 · POOLESHAFFERY.COM
SANTA CLARITA | LOS ANGELES | VENTURA COUNTY ORANGE COUNTY | SAN DIEGO