Long Beach Office Building Sells for M

Long Beach Office Building Sells for $86M

The property was 92% leased, with more than 50% government tenants. A 410,920-square-foot tower in downtown Long Beach known as the Shoreline Square has sold for $85.5 million.Shoreline Square Holdings purchased the 20-story property from Parallel Capital Partners....
Local Oil Companies Look to Fight Drilling Bans

Local Oil Companies Look to Fight Drilling Bans

Debra Montalvo Layton said setbacks would impact all Signal Hill Petroleum wells. With crude oil prices at a seven-year high and nearing $100 per barrel, it would seem like boom times for local oil-producing companies. In the past when oil prices hit these...

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