Issuu

SANTA CLARITA VALLEY February 2019 | Vol. 11 | No. 02 | SCVBJ.com

Healthy investment: How outreach programs impact our community

Coming soon: More beds, resources p. 10 5 Sheets to improve your business p. 20

The List: Just stopping by? Where to stay p. 27

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F E B R UA RY 2019

CONTENTS COVER STORY

6 Investing in community health

NEWS & FEATURES

8 Community partnerships in action 10 Patient tower coming soon 12 Business news updates

REAL ESTATE DATA 14

Residential & Commercial

SCV BUSINESS VOICES 5 7 9 11 18 19 21 25

Confidential Data Mission Valley Bank SCV Economic Development Corp. Henry Mayo Newhall Hospital Audiology Associates Kaiser Permanente Heritage Sierra Medical Group Poole & Shaffery

SCV BUSINESS SERVICES 3 1 23 26 27

UCLA dermatologist Dr. Emily Newsom on skin cancer awareness. PHOTOS COURTESY HENRY MAYO

SCV Chamber of Commerce Valley Industry Association SCVEDC The List: SCV hotels

FROM THE EXPERTS 0 2 22

Ken Keller: Make a difference with five sheets of paper Paul Butler: Worth more than 9 cents

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10 The Tower is coming soon. PHOTO BY DAN WATSON / THE SIGNAL Business Insurance Workers’ Compensation Employee Benets

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12 Santa Clarita’s Workwell program offers much more than just benefits. PHOTO BY TAMMY MURGA / 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

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PEOPLE, PLACES AND PICTURES

2 1

3 4

5 6 7 1. Amputees from left, Sherry Puga and Alan Cronin, listen as William Holmes shares his story during a break at the Adaptive Journeys: An Amputee Support Group at Henry Mayo and Fitness Center. The group is part of a number of outreach programs conducted by our local health care providers, which are discussed in more detail on page 6. 2. Apollo’s Barber Shop VIP Lounge in Valencia to close January due to rent hike and challenges faced by new state employment laws. Chase Monroa among the barbers affected by changes. See page 26 for more information. 3. CBRE recently announced an expansion of operations by Santa Clarita Studios, which added to its growing impact on the local economy by leasing renovated industrial space in Valencia. 4. Gary Questa, of Canyon Country, samples one of the numerous varieties of beer available at the self-serve beer bar at Tomato Joes Pizza & Taps, which is one of the newer offerings in Santa Clarita’s culinary scene. Check SignalSCV.com for the latest on new businesses in the SCV. 5. Santa Clarita officials recently celebrated the widening of the Newhall Ranch Road Bridge, as one of its city-improvement projects. 6. The Subaru dealership on Santa Clarita’s Auto Row is now closed, and expected to be a Porsche dealership by the end of the year. 7. In what comes as no surprise to those who commute from the Santa Clarita Valley to work, the to-and-from rush-hour commute was recently named as the sixth-worst slog to the office in the nation. PHOTOS 2 and 6 BY TAMMY MURGA / THE SIGNAL. PHOTOS 1, 4, 5 and 7 BY DAN WATSON / THE SIGNAL. PHOTO 3 COURTESY PHOTO.

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F E B R UA RY 2019

February 2019 | Vol. 11 | No. 2

EDITORIAL

EXECUTIVE STAFF

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

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

PUBLISHER

ADVERTISING DIRECTOR Brad Lanfranco blanfranco@signalscv.com

ADVERTISING MULTIMEDIA ACCOUNT EXECUTIVES Roni Charlton, Maureen Daniels, Toni Sims, Peter Smith

ART/PRODUCTION PRODUCTION MANAGER Doña Uhrig

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April Vicchrilli, program manager transition planning (left) and Jenn Castaldo, RN, vice president and chief nursing officer, discuss the progress of construction as they tour the new Henry Mayo Newhall Hospital Patient Tower in Valencia. PHOTO BY DAN WATSON / THE SIGNAL

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FROM THE EDITOR “At least you’ve still got your health.” The expression often draws a smile, but there’s so much truth to the saying. After all, without it, no matter your amount of success or wealth, not much else matters. But that’s easy to take for granted — unless things go wrong. And then, it becomes all-important. In the Santa Clarita Valley, we are blessed to have a number of great health care options, led by Henry Mayo Newhall Hospital and Kaiser Permanente, organizations that not only realize that, but spends tens of millions of dollars each year to support preventative programs, informational outreach and also low- and no-cost health clinics and facilities that serve those in need. In looking at all of this support systems in place, it’s important to remember that not only will we all need some of their services at one point or another in our lives, but also that a proactive approach to managing our health not only keeps us alive much longer and improves quality of life, but also has a significant impact on our economic health, as well as the health of our future generations. So as the winter winds down and we look forward to spring, we keep this in mind and hope you enjoy our look at how these providers positively impact the Santa Clarita Valley, as well as a healthy and happy 2019. Enjoy and thanks for reading, Perry Smith, Editor Santa Clarita Valley Business Journal Santa Clarita Valley Business Journal (a Signal publication), © 2018, 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.

F E B R UA RY 2019

SCV BUSINESS VOICES

WHERE BUSINESSES NEED TO PROTECT PRIVACY STEVE STURGEON

Owner/ founder of Conﬁdential Data Destruction

he need for the destruction of confidential materials was brought into greater focus with the Health Insurance Portability and Accountability Act, or HIPAA. While the act brought about serious changes to how such materials are handled, there are some misconceptions on how you should address the information. Probably the most common HIPAA misconception is that it requires the destruction of protected health information, or PHI. It doesn’t. Nowhere in any of the five HIPAA rules does it say a word about data destruction, particle size or anything about how or where PHI has to be destroyed.

What it says is that covered entities are required to prevent unauthorized access to PHI. That’s it. But even with such a vague directive, it was enough to get health care organizations to outsource their data destruction. The U.S. Department of Health and Human Services (HHS) gave some direction. Its expectation regarding destruction came when asked for an example of what was meant by “physical safeguards to prevent unauthorized access.” The example they provided, completely separate from the law itself, was “for instance, the destruction of discarded PHI.” Still destruction was not specifically required by the law. In fact, a few years ago,

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a consultant in the Midwest caused some trouble when he convinced health care organizations they did not have to shred at all. He took the position that recycling was enough because, if done with some control, it still prevented unauthorized access to PHI. Eventually, that trend died, although there are still some health care organizations relying on recycling instead of destruction for security. Now, you might think the Health Information Technology for Economic and Clinical Health (HITECH) amendment to HIPAA added a destruction requirement. It did not. HITECH did, however, add the Health Data Breach Notification provisions, stating that if there was a

security breach, the authorities, media, and patients must be notified. Further, it stated that improperly discarded paper and electronic equipment containing PHI would be considered a security breach. HHS later issued guidance that said encrypted or wiped hard drives and paper that was made practicably unreadable would not be considered a security breach when discarded. Like every other data protection law on the books, HIPAA is based on the reasonableness principle. Steve Sturgeon is the founder of Confidential Data Destruction, which has been keeping business data in the Santa Clarita Valley and beyond secure since 2007.

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F E B R UA RY 2019

PARTNERSHIPS CREATE COMMUNITY IMPACT BY TAMMY MURGA Signal Staff Writer

Left: Kaiser Permanente leadership at grand opening event of Santa Clarita Medical Offices 2. Pictured from left are James Lau, MD, Nolan Chang, MD, Stephen DeVita, MD, Christian Raigosa, MD. PHOTOS COURTESY KAISER PERMANENTE

esides great customer service, sales and marketing, investing in one’s community falls under the recipe for a successful business. The impact garnered by giving back can result in both tangible and intangible benefits to a business. When it comes to the Santa Clarita Valley’s health care industry, Kaiser Permanente and Henry Mayo Newhall Hospital have established themselves as the area’s leading providers, much of which officials attribute to how they provide for the community. Whether talking about the area’s longest-serving health care provider or the nation’s largest health care consortium, these entities have seen direct results and major benefits to the Santa Clarita Valley through their efforts to work with others to expand local outreach, programs and services. KAISER PERMANENTE Since opening its doors in Santa Clarita in 1994, Kaiser Permanente has built a strong base and support system in the SCV, with a team of more than 120 physicians and about 230 employees. Its expansion to help save patients the drive to the San Fernando Valley and provide specialty care services became a reality earlier in 2018, when the healthcare provider opened the new Santa Clarita Medical Office 2. “Kaiser Permanente’s expansion in Santa Clarita helps to build a strong, robust community infrastructure and advocacy for good health and health services,” Santa Clarita Valley Chamber of Commerce CEO

Right: Kaiser Permanente presented a check to the Boys and Girls Club of Santa Clarita for $10,000 for their 2018 grants program.

John Musella said during the ribboncutting event in February. The new building was designed to enable improved connectivity with physicians using advanced technology, such as video consultations, remote check-ins via the Kaiser app and push notifications to avoid the waiting room. This is a form of community investment that “ensures the city of Santa Clarita to be a leader in supporting a healthy community and a healthy economy,” Troy Hooper, 2018 chairman of the Chamber said. Offering a new space for expanded specialty care services falls within

UCLA dermatologist Dr. Emily Newsom educates the public on skin cancer at the Cancer Awareness and Resource Expo at College of the Canyons. PHOTO COURTESY HENRY MAYO

a large network that directly impacts the community. Grants and outreach programs also play a big role. Dr. Stephen DeVita, assistant area medical director at Kaiser and SCV resident, said that as a nonprofit healthcare provider, its mission is to deliver high-quality, affordable services, “but the overall vision is to make the community healthier.” Besides services and health plans, DeVita said planting grants in areas with needs is one way to create a stronger, healthier community. In 2018, more than $62 million was given to organizations such as Samuel Dixon Family Health Center for a diabetes prevention program, the Boys & Girls Club of SCV to fund healthy lifestyle activities and Carousel Ranch for its equestrian therapy and physical exercise activities for children with special needs. Kaiser also provides financial support by sponsoring a series of programs and events throughout the year that promotes a healthy lifestyle, according to hospital spokeswoman Chelsi Schriver. Among those include the city of Santa Clarita’s Final Mile Marathon Challenge, where staff has worked with more than 2,000 elementary and middle school students over the course of two months to complete the marathon. For the 2016 Special Olympics World Games, the health

care provider offered medical care for athletes, as well as sponsoring events such as the Healthy Families & Youth Sports Festival, LA84 swim meets and the Santa Clarita Marathon’s Kid’s Fitness Challenge. To prepare today’s youth as tomorrow’s leaders, DeVita said topics such as healthy eating, literacy, bullying, conflict management and STD prevention are offered at local school districts through Kaiser’s educational theatre program, which offers free assemblies, parent workshops and materials. “Giving back in all these ways goes with our philosophy and that’s how do we really deliver great care?” said DeVita. “We have to walk the talk.” HENRY MAYO Much like Kaiser Permanente, Henry Mayo is a not-for-profit community hospital known for its diverse list of services and strong system of physicians with expertise in more than 70 specialties. The hospital and trauma center also supports investing in its community through new facilities. Set to open in 2019, Henry Mayo will add up to 142 patient beds, medical and surgical rooms, private rooms with restrooms and a Women’s Services Unit to meet the growing needs of See HEALTH, page 8

F E B R UA RY 2019

SCV BUSINESS VOICES

SBA LOANS TO GROW YOUR BUSINESS HECTOR PALOMARES

Vice President and SBA portfolio manager at Mission Valley Bank

s we launch into 2019, now may be the time to consider financing for your business. Interest rates remain favorable, making financing an attractive option to help you take your business where you want it to go in the coming year. This is particularly true if you are a small business owner. Because the programs are many and varied — and the qualifications for each are specific — take the time to ask your banker about SBA financing. Working with an experienced lender to understand more about how the SBA programs work is a logical first step. It is important to understand that the SBA does not make loans directly to small businesses. Rather, the SBA sets the guidelines for these loans, which are then made by the SBA’s lending partners. When a business applies for an SBA loan, it is actually applying for a commercial loan that is structured according to SBA requirements. SBA loan guaranty requirements and practices can change, therefore, you can’t rely on past policy when seeking assistance in today’s market. 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 percent 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 percent 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. Again, SBA 7(a) loans can be

used by qualifying borrowers to purchase or renovate or refinance real estate. These loans can also be used for acquiring fixed assets, restructuring current debt, working capital and in some cases, can even be used to fund the acquisition of a new business.

SBA 7(a) loans and other types of specialized lending make it possible for qualified businesses to get the financing they need, often times with much more flexible terms than more conventional loan options. Hector Palomares is the vice

president and SBA portfolio manager at Mission Valley Bank, a locally-owned, full-service, independent, commercial bank with Preferred SBA Lender status serving the San Fernando and Santa Clarita Valleys. Hector can be reached at (818) 394-2329. MissionValleyBank.com.

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HEALTH Continued from page 6

the SCV population. The new building is estimated to care for about “hundreds of thousands,” or about 10,000 patients per year, according to Roger Seaver, Henry Mayo president and chief executive officer. “For over 40 years, Henry Mayo has been on a journey to provide outstanding patient care for our community,” said Don Kimball, chairman of the Henry Mayo Board of Directors, at the groundbreaking

F E B R UA RY 2019

event in late 2016. “This new tower will allow us to expand our health care services and provide an even better experience for our patients.” As a not-for-profit organization, Patrick Moody, director of public relations and community engagement, said the team at Henry Mayo understands the importance of giving back in a variety of ways, not only in hospital services and in providing financial assistance to uninsured patients. “A lot of what we do to give back is around education and awareness to empower people to take the steps

UCLA dermatologist Dr. Emily Newsom educates the public on skin cancer at the Cancer Awareness and Resource Expo at College of the Canyons.

Henry Mayo organizes several classes and conferences for the general public including an educational session on the proper protocol for diagnosing and treating concussions. PHOTOS COURTESY HENRY MAYO

necessary to improve their own health,” he said. “We consider a nonprofit hospital is not just to care for those here, but to keep people healthy so they can lead healthy lives.” To offer the right services needed by the community, Henry Mayo invests in conducting thorough health assessments every three years, including the creation of a plan to address each need. In 2016, the study revealed 10 significant health needs, which included access to health care, cancer, asthma and mental health and diabetes.

With diabetes listed among the top five, Moody said the hospital launched a prevention program last year intended for prediabetic individuals to learn how to modify their lifestyle. For heart disease, Henry Mayo offers cardiovascular programs and hosts heart health fairs where people can have their glucose tested, meet with experts and even sign up for the annual Santa Clarita Heart Walk. The same goes for cancer, where the public has access to multiple free events to learn, for example, genetic risk factors and dietary changes to help prevent cancer. See HEALTH, page 24

WHERE HENRY MAYO, KAISER INVEST IN THE COMMUNITY BY TAMMY MURGA Signal Staff Writer

nvesting in the Santa Clarita Valley community is part of the area’s main healthcare providers’ shared mission to offer high-quality services and create healthier generations. Henry Mayo Newhall Hospital and Kaiser Permanente bring to members of the community a wellrounded offering, such as healthrelated classes and events, outreach programs, grants and sponsor programs that promote a healthy lifestyle. “As the largest nonprofit integrated health care system, Kaiser has a social mission to improve the health of our members and the communities we serve,” officials said in a statement.

KAISER PERMANENTE Kaiser offers an impressive community benefits grants program, investing more than $62 million on a yearly basis in local organizations that focus on health or to help them meet a healthy goal. Here is a list of recipients:

• Michael Hoefflin Foundation

• Northeast Valley Health Corporation • Samuel Dixon Family Health Center • Santa Clarita Valley Senior Center • SCV Youth Project

• Boys & Girls Club of Santa Clarita Valley, Bridge to Home

• Single Mother’s Outreach

• Carousel Ranch

• WeSPARK Cancer Support Center

• Child & Family Center • Domestic Violence Center of Santa Clarita • Foundation of Children’s Dental Health • Grandparents as Parents • Habitat for Humanity SF/SCV • Los Angeles Retarded Citizens Foundation

• Special Olympics SCV

HENRY MAYO NEWHALL HOSPITAL Henry Mayo’s impact on the SCV community is felt in many ways including its wide range of educational and training opportunities, many of which are free of cost. These are some of the hospital’s partnerships and events: • Santa Clarita Valley

• Economic Development Corporation

• College of the Canyons for the Cancer Awareness and Resource Expo, or CARE SCV • The American Heart • Association for the “Little Hats, Big Hearts” event to raise awareness of heart disease • The Red Cross for blood drive opportunities • The William S. Hart Union High School District for an athletic training program • Programs and events • Santa Clarita Heart Walk • Community Heart Health Fair • Healthcare Hero Program • Breast Cancer Awareness Month Gift of Life 

F E B R UA RY 2019

SCV BUSINESS VOICES

JOIN US FOR THE 2019 ECONOMIC OUTLOOK CONFERENCE ON MARCH 14 HOLLY SCHROEDER President & CEO of SCVEDC

re you wondering where to get a sneak peek into the economy of the Santa Clarita Valley, the state of California, the nation and the world? Does your company rely on accurate and up-to-date demographic data for the region? Are you interested in how growth and development will shape Santa Clarita in 2019 and beyond? If you answered yes! to any of these questions, you need to attend our 2019 Economic Outlook Conference. The Economic Outlook Conference, scheduled for March 14, features speakers that will help business leaders prepare for the future. Designed to provide attendees with an economic analysis and outlook for the coming year, the conference will include national, state and global perspectives, but will focus primarily on the trends and issues associated with the SCV and the surrounding business community. With the Santa Clarita Valley on the cusp of so much growth, this year’s theme is “Santa Clarita Valley – Leading in an Age of Innovation.” We have a fantastic speaker lineup – each will share their expert take on the SCV. Our featured economist is Mark Schniepp from the California Economic Forecast, which provides economic analysis and forecasting for a wide range of clients, including businesses, non-profits, cities, regional organizations, colleges and universities. Schniepp will provide a forecast for the Santa Clarita Valley, along with state, national and global trends. Another featured speaker is Ravi S. Rajan, President of California Institute of the Arts, who will discuss the importance of the arts to create proximity and place, and our need to harness creativity in the next generation in order to propel strong

communities. We are also pleased to announce that Lewis Horne, Divisional President of CBRE, will be addressing technology and innovation trends in real estate and the workplace and how they affect how we live and work. Finally, Emile Haddad,

Chairman and CEO of FivePoint, will share details of buildout of Newhall Ranch, one of the most environmentally sustainable master-planned communities in the nation, now under construction in the western portion of the Santa Clarita Valley. We invite all business leaders

to join us at the event Thursday, March 14 at the Hyatt Regency in Valencia. Registration begins at 1:30 p.m. with a cocktail reception afterward. To purchase tickets, or for more information about the 2019 Economic Outlook, visit www.scvedc. org/outlook or call (661) 288-4400.

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HOSPITAL OFFICIALS EXCITED FOR NEW RESOURCES IN 2019 BY BRENNON DIXSON Signal Staff Writer

Left: April Vicchrilli, program manger transition planning, left, and Jenn Castaldo, RN, vice president and chief nursing officer, center, walk past murals near the lobby of the Henry Mayo Newhall Hospital Patient Tower.

hen Henry Mayo Newhall Hospital broke ground on its new patient tower in October 2016, hospital leaders envisioned a building that would meet the growing health care needs of the Santa Clarita Valley community. Construction crews can be seen hustling up and down the six-story, 160,000-square-foot patient tower trying to avoid the steel beams, crisscrossing wires and exposed ventilation ducts that dot the premises working to make it a reality. As they bustle to finish the work that must be done before the building can open to patients, hospital officials are excited about its opening scheduled for summer 2019. Travel up the construction elevator to the second floor and — at this time next year — you’ll be standing in the Center for Women and Newborns, which will feature nearly 30 added beds, two dedicated cesarean section operating rooms and much more, said Jenn Castaldo, the hospital’s vice president and chief nursing officer who cited the renovation to the hospital’s maternity services as one of the more important upgrades underway at the Henry Mayo Newhall Patient Tower. “Certainly, one of the most important things for the hospital and our community is our upgrade to our women’s services,” Castaldo said, because it’s vital for expecting mothers to experience childbirth in an environment that promotes healing, wellness and is really focused on family centered care, which is what the improvements will provide.

Right: Construction continues at the new Henry Mayo Newhall Hospital Patient Tower in Valencia. PHOTOS BY DAN WATSON / THE SIGNAL

Every aspect of the new patient tower will feature accommodations that aim to increase the level of comfort experienced by a patient, expecting mother or their family, Castaldo said. “Most patients when they are expecting to deliver a child really think about the comfort and amenities,” Castaldo said. “That’s what we want to provide, so it’s really more like a spa, healing, warm environment,” where laboring women can forget that they’re in a hospital setting. Soft lighting, labor and delivery monitors that allow women to ambulate on-the-move or in the shower are some of the technological upgrades coming to the patient tower,

Jenn Castaldo, RN, vice president and chief nursing officer, left, and April Vicchrilli, program manger transition planning, examine one of the birthing suites.

according to hospital staff. This means some women will now be able to grab a sandwich in the expanded cafeteria area or have the chance to monitor their baby wirelessly while they perform everyday tasks like showering, Castaldo said, adding the hospital will still be able to ensure that patients get the quality emergency services, sophisticated technology and highest levels of hospital care during a patient’s stay. The blood bank on the first floor will be a vital service for all patients and programs housed in the tower, according to Castaldo, and the 30 new licensed medical and surgical units will feature overnight sleep accommodations so family members can stay by their loved one’s side. The hospital will also have its very first OB-ED, which will be used to deliver a high level of emergency care should an unlikely event occur, Castaldo said. “Every minute counts when an infant is struggling,” which is why it’s helpful to have the services in such a close and adjacent proximity. “It’s really about bringing that birthing — and suite — experience into the acute care setting so that you have the beauty of them both,” Castaldo said. “You’ll have the highgrade technology that you’d need if

there’s an emergency situation,” but you’ll also have the serenity, freedom and choice that families look for when deciding where they will host their birthing experience, she added. The best part is patients won’t even know that most of the emergency care exists within the setting because it’s functioning in the background, Castaldo said. “And that’s the whole point, right? Women don’t want to worry about this stuff in labor and we want that to be the furthest thing from their mind, as well,” which is why the hospital is investing so much into the wellness experience. “They may never want to leave. It’s going to be so lovely,” Castaldo said, mentioning the lotion bar and other amenities that will be available. “But we also really want to hear from the women of our community so we can see what other types of things patients may want. It’s all about pampering and privacy and making families are part of the experience.” It’s the little details that count, Castaldo said. “There has been a great deal of thought and care put into that when constructing this facility.”

F E B R UA RY 2019

SCV BUSINESS VOICES

WHY HONESTY IS YOUR BEST POLICY PATRICK MOODY

Spokesman for Henry Mayo Newhall Hospital

ost of us are less than completely honest with our doctors, according to a new study. The study found that 60 percent to 80 percent of those surveyed admitted to withholding information that could be important to their health during doctor visits. It’s hard to admit we’re not living a healthy lifestyle. So it’s no surprise to find that many of us are not completely truthful about our diets and the amount of exercise we’re getting. But when are patients least likely to be forthright? Some people tend not to speak up when they disagree with a doctor’s advice. Others admit that they stay quiet when they don’t understand directions given by their doctor. WHAT HOLDS US BACK FROM BEING COMPLETELY HONEST? A majority of people say that they don’t want to be judged or lectured by their doctors. Additional reasons include: not really wanting to hear how bad their health behaviors are; feeling embarrassed; not wanting the doctor to think they are a difficult patient; and not wanting to take too much of the doctor’s time. HONESTY IS THE BEST POLICY Doctors don’t always get the information they need, which lends credence to the conventional belief that doctors may need to adjust what patients tell them. For example, a doctor might want to include doubling a patient’s report of alcohol use and cutting in half the amount of reported exercise. But misleading your doctor can bring serious health consequences. Your doctor needs to know what you’re eating and

what medication you’re taking in order to help you with health problems. They need to understand your symptoms, thoughts and feelings to make proper diagnoses and treatment recommendations.

Now that we know the common reasons why many people are not completely honest about their health, let’s vow to start off our New Year right by telling our docs the whole truth. It could really help in the long run.

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.

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F E B R UA RY 2019

SANTA CLARITA’S WORKWELL PROGRAM OFFERS MORE THAN JUST BENEFITS BY TAMMY MURGA Signal Staff Writer

aid vacation time? Check. Health insurance? Check. Retirement plan? Check. There’s no doubt that the city of Santa Clarita offers its employees a stable benefits package. But with many more companies improving their focus on perks, the city has revamped a program that’s helping its staff in more direct and effective ways. Listed under additional employee benefits, the city offers WorkWell, a program that strives to “create a productive and performance-driven workplace by helping employees reach their personal health and fitness goals.”The program offers informational and interactive sessions that focus on four major points: financial wellness, stress reduction, exercise programs and healthy eating. Experts in different fields are invited to lead information sessions on each focus point, which rotates every quarter from January to December, to share their knowledge, said Joe Oerum, clerk and contract services manager with the city, who co-chairs the program. A WorkWell committee, with subcommittees for each topic, meet monthly and strategize what will be offered to staff depending on their needs and goals. “(WorkWell) got revamped about two years ago to better work with employees’ input,” said Michael

Last years winning team, Get Rec’d, proudly poses at the Wellness Kickball Tournament. PHOTO BY TAMMY MURGA / THE SIGNAL Villegas, management analyst for administrative services and co-chair of the program. After hearing back from multiple participants, WorkWell leaders have held information sessions on how to save for retirement, operated weightloss challenges and healthy cookoffs. Local businesses donate their time to lead activities. Ryan Arditty with The Brandolino Group and Keith Renno with WinTrust Mortgage have recently collaborated. One of the most successful sessions was on how to buy a house, which resulted in a handful of employees receiving the keys to their very first home. “I had been considering buying a home for some time,” said project technician Christine Saunders. “After attending a workshop hosted by WorkWell to learn more about the home l-buying process, I felt like I had a much better understanding

of the steps I would need to take to move forward. It definitely gave me the confidence boost I needed to take the plunge.” In June, WorkWell partnered with Afterburn Fitness and organized a fitness challenge to help employees not only set a goal but keep their healthy habits building throughout the journey. “After the challenge was complete, I didn’t want to stop because I was feeling better and more confident in my ability to keep up with the regulars at the gym,” said Evelyn Glasgow, an administrative analyst with the city. “Seven months later and 20 pounds lost, I still get up at 3:30 a.m., Monday through Friday, to work out.” WorkWell’s success stems from the testimonials by those who participate, said Villegas. “It’s a good program and it is also self-funded. We raise money through sponsorship

and businesses.” Employees also partake in golf and softball tournaments for some friendly competition. But these company outings don’t just benefit Santa Clarita staff. “On top of helping employees reach their goals, we send out surveys to select a nonprofit to support them,” said Oerum. “Any items or donations that we collect goes to benefit a local organization.” In September, more than 150 city staff traded a day at the office for a game of kickball, gathering donations that benefitted the Domestic Violence Center of SCV. Bridge to Home has also received help from WorkWell participants and this year, employees have selected the SCV Youth Project as the nonprofit of choice, according to Oerum. “Whether it’s time, money or needed items like water, food or socks for organizations like Bridge to Home, we give back,” he said. Volunteering or giving back, a nontraditional perk, has become increasingly popular among several companies. An October study by Robert Half International Inc. showed that offering time for volunteer activities was among the top five perks that workers wanted. “We learn each year what works and what doesn’t and what staff wants to learn about,” said Oerum. “Overall, though, everyone benefits from WorkWell, whether it’s a 45-minute lunch session or a kickball tournament.” 

SCV ECONOMIC DEVELOPMENT CORP. TO LEAD VIA LUNCHEON BY TAMMY MURGA Signal Staff Writer

he Valley Industry Association is celebrating the new year with its first luncheon of 2019 on Jan. 29, featuring one of the Santa Clarita Valley’s corporations dedicated to attracting and growing the local business industry. Starting at 11:45 a.m. at the Hyatt Regency Valencia, the event will bring together business leaders to learn about the SCV Economic Development Corp. Holly Schroeder, president and CEO of the

SCVEDC, is scheduled as the keynote speaker for the luncheon event. “We are very excited to have [Schroeder],” said Kathy Norris, VIA president and CEO. “The event will be a good refresher to remind businesses of all the services that the SCVEDC provides.” The event will aim to highlight incentives, cost-saving programs and other services the SCVEDC offers. Schroeder will also share information on some of the companies that are expanding the SCV. “Growth is in our future and this presentation will give you the inside

scoop on who, where and when,” reads a prepared statement released by VIA on the upcoming event. According to the SCVEDC, a major function of their work is “to monitor the diverse issues facing businesses in our region and provide support to companies as they work through these issues.” The corporation offers in-person business assistance, networking opportunities, and workshops and seminars with experts in topics critical to business success. Most recently, SCVEDC and attorneys with Poole and Shaffery, LLP, made available to

Holly Schroeder, president and CEO of the SCV Economic Development Corp. PHOTO BY TAMMY MURGA / THE SIGNAL the public its SCV Minimum Wage Report.  To reserve a spot and purchase tickets for the January luncheon, visit 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 · 13

F E B R UA RY 2019

SCV CHAMBER OF COMMERCE PRESENTS THE BENEFITS OF MEMBERSHIP Membership in the SCV Chamber enables your business to take advantage of the vast network and inﬂuence of our organization. Our more than 1,000 members range from independently-owned businesses to multi-national corporations. • NETWORKING Business After Hours Mixer – Binge Networking – Breakfast Before Business – Lunch N Learn

BUSINESS AFTER HOURS

MIXER

Westfield Valencia Town Center

Come check out the new interior renovations beginning at Westﬁeld Valencia Town Center with the Center’s management team members as they host the SCV’s premiere monthly business networking event.

• ADVOCACY State of the County - Government Affairs Council - Current Affairs Forum • PROMOTION Business & Community Guide - Weekly/Monthly Newsletters - Website Advertising - Promotional Ceremonies - SCV BizExpo

Wednesday, February 20, 2019 5:30 - 7:30 p.m. — The Canyon Club 24201 Valencia Blvd. | Santa Clarita, CA 91355

• EDUCATION Leadership SCV - Health & Wellness Forum • COMMUNITY Patriots Luncheon - Awards & Installation Gala

The Chamber is proud to congratulate the following local businesses and community leaders: Business of the Year: Kaiser Permanente Entrepreneurial Spirit: Scorpion Rising Star: Three Leaves Volunteer Service Award: Pam and Dennis Verner Public Service Award: Captain Robert Lewis LATINO BUSINESS ALLIANCE The Latino Business Alliance (LBA) 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 efforts with Latino customers and businesses.

www.nextscv.com The SCV Chamber’s young professionals business council, NextSCV, aims to develop the next generation of leaders in the Santa Clarita Valley through personal and professional development, civic engagement and network building opportunities that ultimately stimulate local business and support the mission of the SCV Chamber of Commerce.

2019 BOARD OF DIRECTORS

• INNOVATION The Chamber Institute - Strategic Partnerships Programming

THE VOICE OF BUSINESS | 28494 Westinghouse Place | #114 | Santa Clarita, CA 91355 (661) 702-6977 | www.scvchamber.com Content provided by the SCV Chamber

Chair of the Board Nancy Starczyk

Realty Executives

EXECUTIVE COMMITTEE Hunt Braly Marisol Espinoza Jeffrey Forrest Kevin Holmes Troy Hooper Jill Mellady Dr. Chris Raigosa Chris Schrage

Poole & Shaffery, LLP Southern California Gas Company College of the Canyons Martini Akpovi Partners, LLP Kiwi Hospitality Partners Mellady Direct Marketing Kaiser Permanente LBW Insurance Financial Services

BOARD OF DIRECTORS Corrine Barchanowicz Steve Cole Jason Crawford Monica Harrison Brian Higgins Pam Ingram Patrick Moody Andre Lupica Brian O’Connor Marlon Roa Henry Rodriguez Sandy Sanchez Liz Seelman G. Jesse Smith Dennis Sugasawara Dr. Dianne Van Hook John Vance Dennis Verner Karina Winkler Randal Winter

Westﬁeld Valencia SCV Water Agency City of Santa Clarita LA Film Locations AAA Companies Re/MAX of Valencia Henry Mayo Newhall Hospital Logix Princess Cruises Marlon Roa Insurance State Farm Insurance FivePoint Southern California Edison California Institute of the Arts Dennis Sugasawara Financial College of the Canyons Vance Wealth Burrtec Best Western Randal Winter Construction

scvChamber.com

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

F E B R UA RY 2019

RESIDENTIAL REAL ESTATE

Source: Santa Clarita Valley Economic Development Corporation

Housing Stats - Santa Clarita Valley

December’18

November’18

December ’17

SCV Median Home Value SCV Median Condo Value SCV Home Sales

$560,000 $560,000 $580,000 $360,000 $390,000 $345,500 178 188 208

December ’18

SCV Condo Sales 83 SCV Avg. # of Days on Market (SF) 91 SCV Single Family Home Inventory 537

November ’18

67 83 485

December’17

90 88 257

December Sales Acton 12/2018 12/2017 New Listings. . . . . . . . . . . . . . . . . . . . . . 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 Total Active Listings. . . . . . . . . . . . . . . 40 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 New Escrows Closed . . . . . . . . . . . . . . . 3 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 Median Sale Price. . . . . . . . . . . $485,000 . . . . . . . . . . . . . . . . . . . . . . . . $499,900

Newhall 12/2018 12/2017 New Listings. . . . . . . . . . . . . . . . . . . . . . 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 Total Active Listings. . . . . . . . . . . . . . . 30 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 New Escrows Closed . . . . . . . . . . . . . . . 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 Median Sale Price. . . . . . . . . . . $650,000 . . . . . . . . . . . . . . . . . . . . . . . . $445,000

Agua Dulce New Listings. . . . . . . . . . . . . . . . . . . . . . 0 Total Active Listings. . . . . . . . . . . . . . . 18 New Escrows Closed . . . . . . . . . . . . . . .1 Median Sale Price. . . . . . . . . . . $915,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 0 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2 . . . . . . . . . . . . . . . . . . . . . . . . . $505,000

Saugus New Listings. . . . . . . . . . . . . . . . . . . . . 21 Total Active Listings. . . . . . . . . . . . . . . 88 New Escrows Closed . . . . . . . . . . . . . .27 Median Sale Price. . . . . . . . . . . $583,500

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 69 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 36 . . . . . . . . . . . . . . . . . . . . . . . . $505,000

Canyon Country New Listings. . . . . . . . . . . . . . . . . . . . . 23 Total Active Listings. . . . . . . . . . . . . . . 72 New Escrows Closed . . . . . . . . . . . . . . 36 Median Sale Price. . . . . . . . . . . $555,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 79 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 65 . . . . . . . . . . . . . . . . . . . . . . $484,000

Stevenson Ranch New Listings. . . . . . . . . . . . . . . . . . . . . . 2 Total Active Listings. . . . . . . . . . . . . . . 13 New Escrows Closed . . . . . . . . . . . . . . . 8 Median Sale Price. . . . . . . . . . . $735,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9 . . . . . . . . . . . . . . . . . . . . . . . . $744,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 25 . . . . . . . . . . . . . . . . . . . . . . . . . $535,000

Valencia New Listings. . . . . . . . . . . . . . . . . . . . . 32 Total Active Listings. . . . . . . . . . . . . . . 85 New Escrows Closed . . . . . . . . . . . . . 132 Median Sale Price. . . . . . . . . . . $695,000

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 63 . . . . . . . . . . . . . . . . . . . . . . . . $540,000

Castaic New Listings. . . . . . . . . . . . . . . . . . . . . . 7 Total Active Listings. . . . . . . . . . . . . . . 38 New Escrows Closed . . . . . . . . . . . . . . 19 Median Sale Price. . . . . . . . . . . $475,000

COMMERCIAL REAL ESTATE

(INDUSTRIAL, OFFICE, RETAIL AND LAND) Retail Buildings

Sq. Ft.

Sale/Lease

Price

GATEWAY VILLAGE 28225 Newhall Ranch Road 8,090 Lease 28231 Newhall Ranch Road 1,500 Lease 28233 Newhall Ranch Road 1,500 Lease 28307 Newhall Ranch Eoad 1,275 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 2,100 Lease

$3.00 SF/MO/NNN

SECO CANYON VILLAGE 27959 Seco Canyon Road 1,600 Lease 27935 Seco Canyon Road 1,210 Lease

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

THE PROMENADE @ TOWN CENTER 27033 McBean Parkway 1,695 Lease

$4.25 SF/MO/NNN

DEL RIO CENTER 23001 Soledad Canyon Road 1,200 Lease 23005 Soledad Canyon Road 1,200 Lease

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

PLAZA DEL RANCHO 27674 NEWHALL RANCH ROAD Suite # D 5 1,450 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

CENTRE POINTE MARKETPLACE 26477-26557 Golden Valley Road 922, 1,022, 1,239 Lease

$2.00 SF/MO/NNN

OLD ORCHARD SHOPPING CENTER 23323 - 23453 Lyons Avenue 2,575, 2,280 Lease

$1.50 - $3.25 SF/MO/NNN

HIGHRIDGE CROSSING 28130 - 28166 Newhall Ranch Road 1,090, 1,825, 2,022, 1,825 Lease

$2.75 SF/MO/NNN

CENTER POINTE MARKETPLACE 26583 Golden Valley Road 1,005 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 3,500 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 1,400 Lease 23558 Lyons Avenue 1,200 Lease

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

Cameron Gray (Daum Commercial) 661-679-2004, Cole Taylor (Daum Commercial) 661-670-2002 LYONS VILLAGE 23240 Lyons Avenue 1,230 Lease 23226 & 23228 Lyons Avenue 2,570 Lease Vista Village Center 25856 Tournament Road; Unit # K 1,446 Lease 25864 Tournament Road; Unit # A 2,736 Lease 25864 Tournament Road; Unit # B - C 2,526 Lease

$1.75 SF/MO/NNN $2.00 SF/MO/NNN $1.50 SF/MO/NNN $1.50 SF/MO/NNN $1.50 SF/MO/NNN

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

SANTA CLARITA MARKETPLACE 26910 Sierra Highway; Suite # D-2 1,400 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

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

Negotiable

OLD TOWN NEWHALL PROPERTIES 24357 Main Street 1,550 Lease 22520 Lyons Ave; Laemmle Theatre Project 2,058 Lease

$2.25 - $3.00 SF/MO/MNN

GOLDEN VALLEY PLAZA 26573 Golden Valley Road 783 Lease 26583 Golden Valley Road 1,005 Lease

TBD TBD

RIVERVIEW PLAZA 19931 Sierra Highway 1,479 Lease 19935 Sierra Highway 2,074 Lease 26883 Sierra Highway 1,220 Lease

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

NEWHALL CROSSINGS SEC Lyons Avenue & Main Street 1,100 - 10,000 Lease

25710 The Old Road

$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 4,895 Lease

$1.25 - $1.65 SF/MO/NNN

11,451

Sale

STEVENSON RANCH PLAZA

Not Disclosed

$2.00 SF/MO/MG

25860 Hemingway Avenue 25836-40 Hemingway Avenue

2,330 1,071 - 2,142

Lease Lease

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

LYONS PLAZA 23740 Lyons Avenue 2,000 - 8,500 Lease

$2.00 - $2.50 SF/MO/NNN

THE VINE CASTAIC LAKE 31709 Castaic Road 4,952 Lease 31725 Castaic Road 1,063 Lease 31729 Castaic Road 1,220 Lease 1,742 Lease 31731 Castaic Road 1,077 Lease 31735 Castaic Road 1,216 Lease 31743 Castaic Road 1,400 Lease 31749 Castaic Road 1,450 Lease 31759 Castaic Road 1,422 Lease 31765 Castaic Road

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

SAN FERNANDO PLAZA 23630 Newhall Avenue; Unit C 1,000 Lease

$1.50 SF/MO/NNN

SANTA CLARITA LANES PLAZA 21613 Soledad Canyon Road 43,046 Ground Lease 6,960 Sale 25057 - 25067 Peachland Avenue 27421 Sierra Highway 28,059 Sale

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

$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

Lease

VALENCIA TOWN CENTER 24300 – 24305 Town Center Drive 997 – 8,565 Lease

Negotiable $2.20 -$3.50 SF/MO/NNN

Cody Chiarella (CBRE) 818-502-6730, Doug Marlow (CBRE) 818-502-6707, David Solomon (CBRE) 818-907-4628 VALENCIA TOWN CENTER 24510 TOWN CENTER DRIVE Suite # 102 VTC I 1,006 Lease Suite # 110 VTC III 997 Lease Suite # 160 2,011 Lease Suite # 170 VTC III 2,472 Lease Suite # 190 VTC III 1,706 Lease

$3.50 SF/MO/NNN $3.50 SF/MO/NNN $3.00 SF/MO/NNN $3.00 SF/MO/NNN $3.00 SF/MO/NNN

Cody Chiarella (CBRE) 818-502-6730 20655 SOLEDAD CANYON ROAD Suite # 5 700 Lease Suite # 24 3,032 Lease Suite # 42 990 Lease Suite # 25 1,833 Lease

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

SWEETWATER PLAZA 33321 Agua Dulce Canyon Road 750 Lease

1.75 SF/MO/MG

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540 SANTA CLARITA PLAZA $1.25 SF/MO/NNN

$0.99 SF/MO/NNN 0.99 SF/MO/NNN $2.50 SF/MO/NNN

APPLE VALLEY PLAZA 24777-24890 APPLE STREET Suite # 24872 3,500 Lease

$1.75 SF/MO/NNN

27516 THE OLD ROAD Pad # 1 2,500 Lease Pad # 3 3,000 Lease

Not Disclosed Not Disclosed

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

3,582

Sale

$418 SF/$1.5M

Ron Berndt (Daum Commercial) 661-670-2000, Patti Kutschko (Daum Commercial) 661670-2003 CINEMA PARK 23300 Cinema Drive 150 - 1,300 Lease

$1.75 SF/MO/NNN

Reena Newhall 661-253-3344 23340 Cinema Drive Unit 5/6

2,655 SF

Lease

$1.50 SF/MO/NNN

Bruce Powell (Cornerstone Realty Advisors) 661-295-9000 LYONS BUSINESS CENTER 22916 Lyons Avenue 12,614 Sale

$198 SF/$2.5M

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Andrew Ghassemi (Spectrum Commercial Real Estate) 661-567-1241 23334 Valencia Blvd

1,000

Lease

Office/Commercial Buildings

Sq. Ft.

Sale/Lease

Price

28159 AVENUE STANFORD Suite # 228 1,070 Lease

$1.95 SF/MO/MG

27413 TOURNEY ROAD Suite # 140 1,008 Lease Suite # 160 1,200 Lease 28310 Kelly Johnson Parkway 40,559 Sale

$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 27907 Smyth Drive

1,560 3,308

Sublease Sale

$17.6 SF/MO/FSG $295 SF/$975,860

Sam Glendon (CBRE) 818-907-4616 28338 CONSTELLATION ROAD Suite # D 1/900 6,640 Sale

$295.00 SF/$1.96M

Doug Sonderegger (CBRE) 818-907-4607, Craig Peters (CBRE) 818-907-4616 UMALI OFFICE CENTER 22621 LYONS AVENUE Suite # 201 559 Lease 361 Lease Suite # 202

$2.08 SF/MO/FSG $2.08 SF/MO/FSG

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540 LYONS VILLAGE 23226 - 23248 LYONS AVENUE Suite # 216 879 Lease 1,201 Lease Suite # 219/220

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

THE LYONS BUILDING 22777 LYONS AVENUE Suite # 105 500 Lease

Not Disclosed

VALENCIA ATRIUM 28494 WESTINGHOUSE PLACE Suite # 112 1,720 Lease Suite # 209 1,290 Lease Suite # 303 1,510 Lease Suite # 306 2,270 Lease Suite # 308 1,290 Lease Suite # 314 1,510 Lease

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

TOURNEY PLACE PHASE II 27421 TOURNEY ROAD Suite # 105 2,368 Lease Suite # 207 7,622 Lease

$2.80 SF/MO/NNN $2.80 SF/MO/NNN

27201 TOURNEY ROAD Suite # 210 1,530 Lease 31519 Castaic Road 1,228 Sale

$2.85 SF/MO/FSG Not Disclosed

RYE CANYON BUSINESS PARK 28212 KELLY JOHNSON PARKWAY Suite # 200 6,077 Sale Suite # 250 1,610 Sale Suite # 165 & # 175 4,520 Sale

$450 SF/$2.7M $450 SF/$724,500 $450 SF/$1.8M

TOURNEY PLASE PHASE II 27433 TOURNEY ROAD Suite # 200 2,331 Lease

$2.65 SF/MO/FSG

25106 AVENUE TIBBITTS Suite # 100 2,039 Lease Suite # 101 1,713 Lease Suite # 102 1,163 Lease Suite # 103 2,875 Lease Suite # 104 2,510 Lease 2nd Floor 10,255 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

Yair Haimoff (Spectrum Commercial Real Estate) 818- 579-8540, Andrew Ghassemi (Spectrum Commercial Real Estate) 661-567-1241, Matt Sreden (Spectrum Commercial Real Estate) 661-567-1243 OLD TOWN NEWHALL OFFICE 24270 WALNUT STREET 1st Floor 1,000 Lease 2nd Floor 5,694 Lease

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

24262 WALNUT STREET Suite # 1 325 Lease Suite # 2 325 Lease

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

Tim Crissman (RE/Max Crissman Commercial Services) 661-295-9300 TOURNEY POINTE

$1.45/SF/NNN

Pamela Verner (SCV Commercial Real Estate Services) 661-714-5271 PLAZA CLARITA 25835 - 25845 Railroad Avenue 1,300 - 2,701 Lease

$3.00 SF/MO/NNN

RIVER COURT

CASTAIC CREEK PLAZA SWC THE OLD ROAD/LIVE OAK ROAD 29435 The Old Road 1,500 Lease 2,000 Lease 29465 The Old Road Canyon Center Corner 16507 Soledad Canyon Road 766 Lease

Lease

VALENCIA EXECUTIVE PLAZA

SOLEDAD PLAZA

26111 BOUQUET CANYON ROAD Suite # D003B 3,662 Lease

1,500

Randy Cude (Spectrum Commercial Real Estate) 661-567-1244 REXFORD VALENCIA INDUSTRIAL CENTER

SUTTER POINT PLAZA 27737 BOUQUET CANYON ROAD Suite # 109 1,031 Lease Suite # 112 1,020 Lease 1,040 Lease Suite # 116 894 Lease Suite # 119 1,079 Lease Suite # 123 850 Lease Suite # 126 Suite # 132/133 1,095- 2,191 Lease

18560 Via Princessa

$2.50 SF/MO/NNN

27200 TOURNEY ROAD Suite # 100 29,679 Lease Suite # 410 5,081 Lease

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

Kevin Fenenbock (Colliers Int.) 661-253-5204 VALENCIA OAKS 23822 VALENCIA BLVD. Suite # 200 1,905 Lease Suite # 204 962 Lease Suite # 208 2,443 Lease Suite # 306 2,925 Lease

$2.35 SF/MO/FSG $1.95 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG

Suite # 280 (can combine suites 270 and 280)

Kevin Fenenbock (Colliers Int.) 661-253-5204 23929 VALENCIA BOULEVARD Suite # 415 1,750 Lease SUMMIT AT VALENCIA $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG $2.35 SF/MO/FSG

Kevin Fenenbock (Colliers Int.) 661-253-5204, John Erickson (Colliers Int.) 661- 253-5202 EXECUTIVE CENTER VALENCIA 25600 RYE CANYON ROAD Suite #105 1,743 Lease 1,250 Lease Suite # 210

$1.50 SF/MO/MG $1.50 SF/MO/MG

Kevin Fenenbock (Colliers Int.) 661-253-5204 24801 PICO CANYON ROAD Suite # 201 1,346 Lease 1,439 Lease Suite # 102 1,593 Lease Suite # 103 2,741 Lease Suite # 301 2,763 Lease Suite # 210/203 Suite # 102/103 3,032 Lease Suite # 300 3,811 Lease

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

Kevin Fenenbock (Colliers Int.) 661-253-5204 28212 KELLY JOHNSON PARKWAY Suite # 110 2,699 Sale Suite # 280 1,588 Sale

$1,215,550/$450 SF $674,900/$425 SF

25060 AVENUE STANFORD Suite # 100 18,252 Lease 1,732 Lease Suite # 145 Suite # 155 1,342 Lease 2,405 Lease Suite # 160 4,268 Lease Suite # 250 Suite # 260 2,973 Lease

$2.15 SF/MO/FSG $2.15 SF/MO/FSG $2.15 SF/MO/FSG $2.15 SF/MO/FSG $2.15 SF/MO/FSG $2.15 SF/MO/FSG

25031 AVENUE STANFORD Suite # 100 1,818 Lease

$1.25 SF/MO/IG

PARAGON BUSINESS CENTER 24730 Avenue Tibbitts, Suite # 100 700 Lease 2,191 Lease 26326 Citrus Street

$1.75 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 7,687 Lease 4,483 Lease 25134 Rye Canyon Loop

$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 #100 5,081 Lease Suite #105 3,060 Lease Suite #110 4,709 Lease Suite #300 21,720 Lease

$2.85 SF/MO/FSG $2.75 SF/MO/FSG $2.75 SF/MO/FSG $2.65 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 3,251 Lease Suite # 140 3,484 Lease 2,073 Lease Suite # 170 2,470 Lease Suite # 200 3,733 Lease Suite # 240 (can combine suite 240 and 295) Suite # 250 2,870 Lease 3,083 Lease Suite # 295 (can combine suite 240 and 295) 2,221 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 6,125 Lease

$3.05 SF/MO/FSG

David Solomon (CRRE) 818-907-4628, Douglas Marlow (CBRE) 818-502-6707 THE COMMONS AT VALENCIA GATEWAY 25124 SPRINGFIELD COURT Suite #200 12,058 Sublease 3,260 Sublease Suite #250 Suite #260 3,380 Sublease Suite #270 4,800 Sublease Suite #200-270 22,850 Sublease

Lease

$2.85 SF/MO/FSG

VTC IV $2.50 SF/MO/FSG

Kevin Fenenbock (Colliers Int.) 661-253-5204 27202, 27220 & 27240 TURNBERRY Suite # 100 29,839 Lease 2,856 Lease Suite # 110 5,911 Lease Suite # 110/120 3,055 Lease Suite # 120 Suite # 210 12,195 Lease Suite # 220 1,866 Lease Suite # 240 1,494 Lease Suite # 250 5,596 Lease

2,503

David Solomon (CBRE) 818-907-4628, Matthew Heyn (CBRE) 818-907-4619

BANK OF AMERICA TOWER

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

Richard Ramirez (CBRE) 818-502-4639, Craig Peters (CBRE) 818-907-4616 GATEWAY PLAZA 25350 MAGIC MOUNTAIN PARKWAY Suite # 350 1,535 Lease

$2.85 SF/MO/FSG

25360 MAGIC MOUNTAIN PARKWAY Suite # 270 (can combine suites 270 and 280) 1,835 Lease

$2.85 SF/MO/FSG

24200 MAGIC MOUNTAIN PARKWAY Suite # 120 (can combine suites 120 and 130) 4,169 Lease 1,446 Lease Suite # 130 (can combine suites 120 and 130) Suite # 135 1,753 Lease

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

David Solomon (CBRE) 818-907-4628, Douglas Marlow (CBRE) 818-502-6707 VALENCIA PARK EXECUTIVE CENTER 25115 AVENUE STANFORD Suite # A 202 2,219 Lease Suite # A 318 1,720 Lease Suite # A 340 1,346 Lease Suite # A 202, A 204, & A206 7,076 Lease Suite # B 121 737 Lease

$1.75 SF/MO/FSG $1.90 SF/MO/FSG $1.75 SF/MO/FSG $1.75 SF/MO/FSG $1.75 SF/MO/FSG

Richard Ramirez (CBRE) 818-907-4639 VALENCIA CORPORATE PLAZA 28480 Avenue Stanford 50,351 Lease/Sale $315 SF/$15.9M 1,459 - 8,616 Lease 28470 Avenue Stanford

$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 27441 Tourney Road, Suite 140

4,486 445

Lease Lease

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

Richard Ramirez (CBRE) 907-4639 LYONS PLAZA 23502- 23504 Lyons Avenue 1,320 - 5,710 Lease

$1.75 SF/MO/FSG + J

VALENCIA FINANCIAL CENTER 23734 Valencia Boulevard 1,100 - 1,523 - 2,105 Lease 28110 Avenue Stanford, Suite A 2,120 Lease electric 28097 Smyth Drive, Suite B 1,645 Lease

$2.45 SF/MO/FSG + J

PLAZA POSADA 23542- 23560 Lyons Avenue 450 - 1,070 Lease

$1.65 SF/MO/NNN

$2.10 SF/MO/FSG + J $1.50 SF/MO/MG +

Cameron Gray (Daum Commercial) 661-679-2004, Cole Taylor (Daum Commercial) 661-670-2002 27819 Smyth Drive 1,871 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 # 103 1,004 Lease Suite # 206B 350 Lease Suite # 212 1,510 Lease 1,416 Lease Suite # 215

$1.85 SF/MO/FSG $1.50 SF/MO/FSG $1.75 SF/MO/FSG $1.75 SF/MO/FSG

Randy Cude (Spectrum Commercial Real Estate) 661-567-1244 HERTITAGE OAK 24961 THE OLD ROAD Suite # 104 1,432 Lease

$2.25 SF/MO/MG

RYE CANYON BUSINESS PARK 28412 Constellation Road 350 Lease

Not Disclosed

Matt Sreden (Spectrum Commercial Real Estate) 661-567-1243 LYONS BUINESS CENTER 22916 LYONS AVENUE Suite # 101 340 Lease Suite # 103 340 Lease Suite # 104 340 Lease Suite # 1C 667 Lease Suite # 4B 415 Lease Suite # 201 340 Lease Suite # 202 340 Lease Suite # 204 340 Lease Suite # 209 340 Lease

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

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540, Alan DiFatta (Spectrum Commercial Real Estate) 661-567-0012 AVENUE SHERMAN BUSINESS PARK 29021 AVENUE SHERMAN Suite # 101 2,662 Lease

$1.65 SF/MO/FSG

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 # 7 1,400 Lease Suite # 13 1,400 Lease Suite # 14 1,400 Lease

$1.07 SF/MO/MG $1.07 SF/MO/MG $1.07 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 # 24872 3,500 Lease

$1.75 SF/MO/NNN

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

Office/Medical Buildings 25775 McBean Parkway 25880 Tournament Road

Sq. Ft.

Sale/Lease

Price

1,201 - 6,682 1,043 â€“ 4,559

Lease Lease

$2.76 SF/MO/NNN Negotiable

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

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 Î‡ 17

F E B R UA RY 2019 25050 Peachland Avenue

800 - 4,000

Lease

$1.95 SF/MO/NNN

Cameron Gray (Daum Commercial) 661-679-2004, Cole Taylor (Daum Commercial) 661-670-2002

$450 SF/$2.7M $450 SF/$724,500 $405 SF/$1.8M

TOURNEY PLACE PHASE II 27421 TOURNEY ROAD Suite # 105 2,368 Lease Suite # 207 7,622 Lease

$2.80 SF/MO/NNN $2.80 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 SMYTH COMMERCE CENTER 27905 Smyth Drive 2,160 Lease

$1.50 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 43,560

Sale Sale Sale

Price

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

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

5.51

Sale

$39.00 SF/$9.4M

Jim Ebanks (Realty Advisory Group) 661-702-8880 x 12, Lauren Hunt (Realty Advisory Group) 661-702-8880 x 18 23600 Sierra Highway 23658 Sierra Highway

10.28 6.14

Sale Sale

$14.29SF/$6.4M $22.42 SF/$6.0M

Randy Cude (Spectrum Commercial Real Estate) 661-567-1244 Soledad Canyon Road/Camp Plenty NEC Bouquet Canyon Road & Plum Canyon Road NWC Bouquet Canyon/Madrid Road

22.0 1.86 3.71

Sale Sale Sale

$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 Valley Business Center 1.90 Sale $29.00 SF/$2.4M 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 6.15 Sale $26.00 SF/$6.9M Valley Business Center

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

1.40

Sale

$8.00 SF/$500,000

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

1.70

Ground Lease

5.50

Sale

$225 SF/$1.7M

$1.15 SF/MO/NNN

Yair Haimoff (Spectrum Commercial Real Estate) 818-579-8540 SPECTRUM BUSINESS CENTER 28446 Constellation Road 3,563 Sale 28446 Constellation Road 3,563 Lease

$290 SF/$1.0M $1.05 SF/MO/NNN

DISCOVERY GATEWAY SPECTRUM 28296 Constellation Road 5,831 Sale

$285 SF/$1.6M

VALENCIA INDUSTRIAL CENTER 24932 AVENUE KEARNY Suite # 1 5,375 Lease 3,500-5,000 Lease 28381 Constellation Road

$1.05 SF/MO/MG $0.80 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 28372 Constellation Road 3,180 Lease $0.95 SF/MO/NNN 25570 RYE CANYON ROAD Unit #H 2,500 Lease Unit #B 2,000 Lease

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

25040 AVENUE TIBBITTS Unit #L 2,880 Lease

$1.10/SF/IG

21170 CENTRE POINTE PARKWAY Unit #220 1,963 Lease

$1.10/SF/IG

26911 RUETHER AVENUE Unit #Q 1,180 Lease 25215 Rye Canyon Road 12,024 Lease

$1.15/SF/IG $0.95/SF/NNN

John Erickson (Colliers Int.) 661-253-5202, Chris Erickson (Colliers Int.) 661-253-5207 27525 NEWHALL RANCH ROAD Unit # 1 11,724 Lease

$0.80 SF/MO/NNN

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

93,519

Lease

$0.72 SF/MO/NNN

Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607 SOUTHERN CALIFORNIA INNOVATION PARK 25161 Rye Canyon Loop 10,215 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 2,680 Lease

$1.15 SF/MO/MG

24907 AVENUE AVENUE TIBBITTS Unit C 7,050 Lease

$1.00 SF/MO/MG

Tim Crissman (ReMax/Crissman Commercial Services) 661-295-9300 28545 Livingston Avenue 28454 Livingston Avenue

173,000 134,287

Lease Sub-Lease

$0.65 SF/MO/NNN $0.65 SF/MO/NNN

$0.17 SF/MO/NNN

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

$39.00 SF/$9.4M

26841 RUETHER AVENUE Suite # D 1,130 Lease

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

7,513

CENTER POINTE BUSINESS PARK 26450 RUETHER AVENUE Suite # 108 2,153 Lease

RYE CANYON BUSINESS PARK 28212 KELLY JOHNSON PARKWAY Suite # 200 6,077 Sale 1,610 Sale Suite # 250 4,520 Sale Suite # 165 & # 175

Suite #110

$1.15 SF/MO/IG

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

Ron Berndt (Daum Commercial) 661/670-2000

NEWHALL CREEK Railroad Avenue & Wiley Canyon Road 2.76 Sale 17559 Sierra Highway 7.05 Sale

Cole Taylor (Daum Commercial) 661-670-2002, Cameron Gray (Daum Commercial) 661-670 -2004

$18.30 SF/$2.2M $7.33 SF/$2.2M

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 16166 Sierra Highway 2.55 Sale $6.83 SF/$759,000

28035 Smyth Drive 26846 Oaks Ave, Unit G, Canyon Country 26846 Oaks Ave, Unit F & G, Canyon Country

3,888 2,000 4,000

Sale Lease Lease

$285 SF/$1.1M $1.05 SF/MO/MG $1.00 SF/MO/MG

Alan DiFatta (Spectrum Commercial Real Estate) 661-567-0012

Ross Thomas (Delphi Businbess Properties) 818-780-7878 x 104, Chris McKenzie (Delphi Business Properties) 818-780-7878 x 121 26330 Diamond Place #180 2,364 Lease $1.15 SF/MO/NNN 26330 Diamond Place #140 3,478 Lease $1.15 SF/MO/NNN

2836-018-033

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

5.29

Sale

$10.84 SF/$2.5M

Yair Haimoff (Spectrum Commercial Real Estate) 8180-579-8540 23638 Sierra Highway

33,785.00

Sale

$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 25041 Anza Drive 27420 Avenue Stanford, Unit D 29003 Avenue Sherman

8,352 68,833 68,123

Lease/Sale

Price

Lease Lease Lease

$0.90 SF/MO/NNN $0.68 SF/MO/NNN $0.73 SF/MO/NNN

Craig Peters (CBRE) 818-907-4616 26245 Technology Drive

60,068

Lease

$0.70 SF/MO/NNN

Doug Sonderegger (CBRE) 818-907-4607 28110 Avenue Stanford; Unit C

5,720

Lease

$0.90 SF/MO/NNN

Major Industrial Projects

Sq. Ft.

Sale/Lease

Price

27,940, 50,743

Lease

$0.74 SF - $0.79 SF/

50,743, 88,752

Lease

$0.72 SF - $0.74 SF/

VCC; WEST OF I-5/N OF HIGHWAY 126 27788 Hancock Parkway 50,930 Lease 27736-27772 Hancock Parkway 5,242 - 15,726 (Showroom) Lease IAC Commerce Center (Phase 1) 56,106 - 216,320 Lease

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

Gateway V MO/NNN Gateway V MO/NNN

VCC; WEST OF I-5/N OF HIGHWAY 126

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

Richard Ramirez (CBRE) 818-907-6745

Future Industrial Projects

VISTA BUSINESS PARK 28305 Livingston Avenue 167,990 Lease

SWQ of Newhall Avenue/Sierra Highway $0.67 SF/MO/NNN

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

6,100

Sale

$255 SF/$1.6M

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 Kevin Tamura (Daum Commercial) 661-670-2001, Jerry Sackler (Daum Commercial) 213-270-2267 28358 CONSTALLATION ROAD Suite # 620 5,202 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

$0.75 - $0.75 - $0.78 SF/MO/

NNN

Sq. Ft.

Sale/Lease

Price

16,000 - 209,559

Sale/Lease

TBD

Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607, Richard Ramirez (CBRE) 818-907-4639

Future Office Projects

Sq. Ft.

Sale/Lease

VTC SQUARE 26701 McBean Parkway 10,000 Lease

Price TBD

VISTA BUSINESS CANYON (OFFICE AND RETAIL) 27651 Lincoln Place 57,000 Lease TBD 27335 Tourney Road 45,675 Lease $2.95 SF/MO/FSG Richard Ramirez (CBRE) 818-907-4639, Craig Peters (CBRE) 818-907-4616, Doug Sonderegger (CBRE) 818-907-4607 NOTE: Parties interested in further information should contact the listing broker(s) or SCVEDC at 661-288-4400 or scvedc@scvedc.org

F E B R UA RY 2019

SCV BUSINESS VOICES

REVOLUTIONARY HEARING AID NOW COMES IN CUSTOM-FIT KEVIN BOLDER AuD, Audiology Associates

or many, hearing aids make a life-changing difference. It’s estimated that 48 million Americans have some form of hearing loss, and the majority of those individuals could benefit from hearing aids. Like any other technology, hearing aids have made significant advancements to offer a better listening experience. While hearing aids of the past would simply amplify sound, today’s hearing aids do much more. The Oticon Opn is a groundbreaking hearing aid that has opened up a new

world of options for the user. The Opn is different from other hearing aids because it does not rely on directionality. Directionality is when the hearing aid focuses on one sound source and eliminates others. However, the Opn can quickly process multiple sounds at once. This allows you to hear better in crowded environments, such as restaurants and parties. The Opn offers a variety of features for the modern hearing aid user including tinnitus therapy, internet connectivity and rechargeable options. Now,

it even comes in custom-fit options! These five in-the-ear designs are perfect for users who prefer comfort and discretion. A professional takes an impression of your ear, and then a hearing aid is custom-made for you based on the replica of your inner ear. This line even features an invisible-in-canal option, which is Oticon’s smallest hearing aid ever. Hearing aids have made big leaps in the past few years. If you are unfamiliar with today’s hearing aids — or haven’t tried them out in a while — it’s time

to schedule a consultation. Your hearing health care professional can go over your options with you and help you determine the type of technology that is best for your needs. To schedule a hearing aid consultation today, please call Audiology Associates at (661) 284-1900. 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.

F E B R UA RY 2019

SCV BUSINESS VOICES

PREVENTION IS BEST WAY TO FIGHT HEART ATTACKS CHELSI SCHRIVER

Public affairs representative for Kaiser Permanente

ardiovascular disease is one of the most costly diseases for employers — annual health care expenses for just one employee with heart disease average nearly $19,000. Employees with heart conditions also miss an average of eight workdays per year. The traditional health care system is designed to detect acute medical problems which are more expensive to treat. However, if your employees receive the appropriate preventive care at the right time, it could reduce heart attacks by up to 63 percent. To be proactive, doctors, nurses

and pharmacists need to work together — sharing information, tracking member’s progress and supporting your employees. Compared to other health plans, employees under our care get more higher quality care: screenings, the appropriate medications, health promotion and education, and care management teams helping members at risk for heart disease stay healthy. It keeps costs down and your employees healthier. HEART DISEASE CAUGHT EARLY Our doctors are prompted to ask members about risk factors for heart disease, such as smoking or lack of exercise, at every routine office visit. And Kaiser

Permanente HealthConnect automatically informs our caregivers when members are due for preventive care screenings. We can schedule them — and sometimes perform them — on the spot, even if they’re not related to that day’s office visit. AVOID COSTLY HOSPITALIZATIONS Since our caregivers work together to provide and monitor preventive care and followup for patients, they’re able to provide a personalized level of care that helps employees stick with preventive care programs, follow recommended treatment plans, and miss less work. Evidence shows that a coordinated team approach to cardiac

care reduces hospitalizations for patients with heart disease. MORE PRODUCTIVE EMPLOYEES 80 percent of members who participated in our online chronic care management program said their health improved — saving $2,148 in projected productivity per year per participant. NO REFERRALS REQUIRED Members at risk for cardiac disease are automatically enrolled in our award-winning disease management programs at no additional charge.

For more tips on heart health visit kp.org/heart and follow us on Twitter at @kppanoramacity.

Health plans that ﬂex with your business. Whether you’re hiring a few more employees or opening offices across the country, we understand the importance of being ﬂexible. That’s why we offer health plan options that can change with your needs. Learn more at kp.org/ choosebetter.

Choose Better. Choose Kaiser Permanente.

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

F E B R UA RY 2019

MAKE A DIFFERENCE WITH JUST FIVE SHEETS OF PAPER employee received a merit increase in pay in conjunction with the appraisal. Why is all of this important? If you have one or more employees, those people are your company. These are the people that deliver SCVBJ Contributor whatever it is your company sells. f you take a look at the desks The second piece of most business owners, of paper is the “Big CEOs and entrepreneurs, Opportunity List.” you’ll see stacks of paper, files, The items on this sheet repbooks, magazines, knick knacks, resent the future projects post-it notes, a coffee cup, a computer monitor with a keyboard and of the company that will a printer nearby, a name plate and a provide an expanded client base, new products, new business card holder. markets, internal improveDespite all this clutter, every ments and it should also leader needs to be aware of the describe the “big, hairy, most important pieces of paper that audacious goal” for the belong on their desk. company. The most important piece of The items on this piece paper is the organizational chart of the company. If such a chart doesn’t of paper should be prioritized and a single person exist, it needs to be created. This document shows the reporting struc- should be assigned the responsibility, with approture within the company, a diagram priate authority, for moving filled with boxes and lines. Within the boxes are the names and titles of each project forward to a the people. The lines show reporting completion date. The third paper is the reverse of structure. the “Big Opportunity List” — it’s This is a critialso the “Unfincal piece of paper Some of us will do our ished Business because it visually List.” There isn’t lays out the orgajobs well and some a company on nization. It serves the planet that as a reminder will not, but we will doesn’t have to the person in outstanding issues charge that they all be judged on one from the past that have established need to be identia hierarchy of thing: the result.” fied, addressed management; a — Vince Lombardi and resolved. business structure. All too often The leader should these issues are buried because not “jump the chart” and interfere no one wants to deal with them. with the day-to-day operations of However, once they are put on a list, a department or the actions of an prioritized in order of importance, employee without talking to the assigned to someone to deal with manager in charge beforehand. and discussed at least once a month, To make the organizational chart resolution is likely to take place. more useful, the leader should write The fourth page that should be next to each name on the chart the found on the leaders’ desk is the last time a formal performance apdaily cash flow report. The cash praisal was given to the employee. flow report is akin to an individual’s Next to that date, in a different blood pressure and temperature; it color ink, it should be noted if the

KEN KELLER

“

provides a quick review of the financial health of the firm. The cash flow report simply states the current bank balances, what additional monies are expected to be received that day; what payments are expected to clear that day and the expected cash on hand at the end of the day. If cash on hand is increasing, things are good. If not, the leader needs to start investigating as to why payments are coming in slow and what is taking place with payables. Leaders understand cash flow but don’t often realize the importance of tracking it every single day. Having a laser beam focus will soon become part of the company culture and will raise the level of awareness of employees about how important cash on hand is to the well being of the company. The final piece of paper that I recommend belonging on the leader’s desk is a summary of the business goals for the year. This sheet should

have all of the current year goals highlighted; broken down by month, by department. Every department should have between three and five concrete goals to accomplish before the end of the year. NFL legend coach Vince Lombardi is credited as saying, “Some of us will do our jobs well and some will not, but we will all be judged on one thing: the result.” The leader that takes the time to create and use these five important tools is going to be focused and will be almost guaranteed to have a successful year.  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 The Signal.

F E B R UA RY 2019

SCV BUSINESS VOICES

HERITAGE

Sierra Medical Group

NEW LAWS AFFECT HEALTH CARE COVERAGE BY SIGNAL STAFF

hile many Americans believe the opportunity to improve their health insurance coverage has passed, some Santa Clarita Valley residents may still be able to change their health insurance plans until as late as March, according to a recent interview with a representative from Heritage Sierra Medical Group of Santa Clarita. The recent question-andanswer session offered helpful information for those who might need to know their options for enrollment in one of the most important expenses anyone can incur — their health insurance. The information is critical to get out there, because it might give more options to those enrolled in plans who are over the age of 65. “The annual enrollment period is the time of the year when people with Medicare can change their plans,” according to Pat Salas from Heritage Sierra, which has offices located on McBean Parkway in Valencia. “The annual enrollment period starts every year on Oct. 15 and ends on Dec. 7 — with the changes in insurance coverage becoming effective Jan. 1,” Salas said. However, there is a new enrollment period — called OEP or open enrollment period — that Medicare beneficiaries could use. “99 percent of elderly don’t know this is available for them,”

Salas said, but 2019 will feature a new period that will allow those with Medicare Advantage Plans to make changes or to improve upon their existing coverage options. The open-enrollment period will run from Jan. 1 through March 31, 2019, according to Salas. “And anybody with a medicare Advantage plan qualifies,” so traditionally people over 65 are eligible. “It existed a long time ago and then it went it away and now it’s been brought back,” Salas said, adding that it works in a really simple way. “Basically, you have those three months to make one change to your current coverage, and whatever you choose, takes effect the next month and then you’re stuck with that until Dec. 31, 2019,” Salas said. “Then the Annual Enrollment Period starts again on Oct. 15 and the cycle restarts.” Things can be confusing with Medicare, because there’s a lot of options out there for patients who qualify, Salas said, “but for more information, they can call us and happily find the answers to their questions.” To contact Pat Salas or Heritage Sierra in Santa Clarita, call (661) 452-6550.

YOUR HEALTH IS IMPORTANT HAVING THE RIGHT PLAN EVEN MORE!

GET AN EXPERT OPINION

AT NO COST

TO REVIEW YOUR

COVERAGE

VISIT OUR MEDICARE RESOURCE CENTERS HERITAGE SIERRA HERITAGE SIERRA MEDICAL GROUP, VALENCIA MEDICAL GROUP, PALMDALE 25775 McBean Parkway Ste 100 39115 Trade Center Drive Valencia, CA 93555 Palmdale, CA 93551 HERITAGE SIERRA MEDICAL GROUP, LANCASTER 44469 10th St West Lancaster, CA 93534

Hablamos español! CALL NOW! Monday to Friday | 8am-6pm

(661) 452-6550

Calling this number will direct you to a licensed agent. SBHIS represents various Medicare Advantage Plans (MA), Medicare Supplements, and Prescription Drug Plans (PDPs) with Medicare contracts. Enrollment in these plans depend on contract renewal. This information is available for free in other languages. Please contact our customer service at 1-888-838-1136, TTY 711; (Toll Free) Monday - Friday 8am - 6pm. A sales person will be present with information and applications. For accommodations of persons with special needs at sales meetings call 1-888-838-1136, TTY 711 (Toll Free) Monday- Friday 8am - 6pm

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

F E B R UA RY 2019

WORTH MORE THAN 9 CENTS PAUL BUTLER Signal Contributing Writer

o help get our children through college without debt, my wife, Gaynor, and I took on part-time jobs to help pay for college. I teach college on a Monday in Los Angeles and my wife works a couple of hours everyday with adults with learning disabilities — she oversees their work, rolling silverware at a local restaurant before it opens for business. They get paid just 9 cents per roll but their contribution is priceless. Gaynor has shared countless stories about these very “special” people. In turn, their stories have profoundly taught me lessons that we can all learn for the workplace. Out of respect for their privacy, I’ll just use the first letter of their names. “K” always arrives before they open the doors. He walks to work, come rain or shine. He is very focused. “K” has never been absent from work. He doesn’t like idle chatter. Everyday he tries to do more than he did yesterday. The world says he has autism. My wife says he’s incredibly gifted. Can you imagine if every employee thought and behaved like him? “A” is so caring — he loves to love, and loves being loved. If my wife has to correct him for anything, he apologizes profusely and keeps repeating how much his parents love him. Can you imagine if every employee apologized when they messed up? I wonder how many of the problems we see in the workplace are because people didn’t feel as loved by their parents as “A” does? As parents, we have a noble and honorable responsibility to love on our children. Hurt people often hurt others. It’s not surprising to me to see an increase in workplace violence with the decline in effective marriages and so many broken homes. “D” is a big ball of fun. He is always joyful — always optimistic and a real encourager of others. “D” can sense if the early morning kitchen staff are uptight

or angry. He always wants to calm them down and cheer them up. Gosh, could our broken working world need more “D’s”? He has Down syndrome but my wife insists he has “Up syndrome” as he lifts everyone up. “N” is by far the quietest of the group. She doesn’t say much. “N” inspects her work very, very carefully. She is fixated on quality over quantity and doesn’t care if she makes less money for rolling fewer napkins. “N” believes the most important thing is spotless silverware, not her paycheck. Imagine if we had more employees like “N” — whose work standard we can rely upon and whose focus, is on the quality of their work rather than their paycheck. “G” has been blessed with the talent of leadership — he rallies the group along. He is very solution-minded. He sees possibilities, not barriers. The

average workplace could significantly benefit from leaders of such high character and high competence as “G”. He thinks about others much more than himself — what a radical idea for a leader, to think of others more than self. I’d like to boast on my wife, Gaynor, for a few sentences. When she first started overseeing this group, they were nowhere near as much of a team as they are now. They didn’t speak to each other. They had to be reminded of each other’s names everyday. They weren’t interested in each other. I’d like to humbly suggest my wife has been the glue that’s bonded them together. She works alongside them and helps them where necessary. She doesn’t talk down to them but rather, she looks up to them. When Gaynor speaks about these people, her face shines and her eyes get watery. Imagine if all supervisors cared as much about their direct reports as Gaynor does.

Our “normal” working world could learn so much from a field trip out to this local restaurant where a group of five individuals, labeled as “disabled” in the eyes of this fallen world, work together for about two hours every day for six days a week before most people are even awake. So next time you unwrap your silverware, think about them— chances are here in “Awesometown” your napkin was rolled by “special” people just like them. They inspire me to be a better employee, leader and business owner; even a better human being generally — how about you?  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.

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

F E B R UA RY 2019

28005 NNSmyth Smyth Drive Drive | Suite 122 134||Valencia, Valencia,CA CA91355 91355| |(661) (661)294.8088 294-8088 | www.via.org | content Content provided by VIA 28005 CoNteNtPREPARED prepAreD byBYpoINt of VIew CommuNICAtIoNS 661.257.4440 | poVpr.Com CONTENT TERESA TODD/POINT OF VIEW COMMUNICATIONS

Advoc At e . educ At e . InnovAt e .

Why Join

VIA?

7 TOP

vIA knows working professionals have many choices when selecting between the various business organizations in the Santa clarita valley. each serves a distinct purpose and vital role in the overall health and vitality of the community. But when someone asks, “Why vIA?” the simple answer is “Why not vIA?” With membership at the heart of the organization, creating value is an ongoing focus. Members receive special member rates for programs, training and events, and discounts on sponsorships at vIA-branded signature events. Perhaps more importantly, members can realize a competitive advantage in developing business within the area’s industrial centers. Since 1981, vIA has collaborated with regional organizations to form strategic partnerships that expand its focus and networking capabilities. By strengthening areas of influence, vIA, at times, has reached beyond the valley’s borders to create greater value for members. It makes good business sense to allocate limited marketing dollars where you get the most “bang for your buck”. depending on the size of your business or organization, vIA membership can be about $1 per day.

REASONS TO JOIN VIA TODAY

1. Visibility.

vIA members who attend events and participate in business-related activities maintain visibility with business professionals in the community. The more others know about your business, the better informed they are on ways to support your company.

2. Access to Community Leaders and Elected Officials.

Whether volunteering to serve on a committee or attending specific events where business and elected leaders are likely to be, you’ll find yourself in situations where you can identify and meet decision makers face-to-face.

3. Ongoing Training, Education & Professional Development.

vIA offers leadership training for members through its Leadership Academy and sales training through the Sales Academy. vIA offers additional training and education periodically throughout the year on a variety of topics.

4. Networking.

From seminars, monthly luncheons, the annual vIA Bash gala, membership referrals and various business committees, there’s ample ways to meet new contacts, referrals and people who can help you with ideas and additional ways to increase the visibility and goals of your company.

5. Low cost advertising opportunities.

Whether you have a large or small marketing budget, vIA offers a wide range of affordable advertising options and sponsorship packages to fit almost every budget.

6. Advocacy.

vIA researches, lobbies and routinely discusses with local and regional government units, politicians and the media issues that are relevant to the needs, goals, and challenges of the business community.

7. Credibility.

As a member of vIA, your business will be viewed as a reputable and professional organization that is connected to its business community.

Event Calendar Reservations and payment can be made at www.vIA.org/calendar or call (661) 294-8088

Tuesday, Feb. 19, 2019 11:30 AM | HYATT REGENCY VALENCIA, 24500 town center dr., valencia

2019 sPeaKeR seRIes

“100 Years ~ The Signal Story” FRIday, Feb. 22, 2019 7:30 AM | THE CENTRE, 20880 centre Pointe Pkwy, Santa clarita

Get acquainted breakfast ThuRsday, Feb. 28, 2019 6 pM | SALT CREEK GRILLE, 24415 town center dr., valencia

Cocktails and Conversations vIa LunCheon daTes 2019 TuESdAY, JANuARY 29 TuESdAY, FEbRuARY 19 TuESdAY, MARCH 19 TuESdAY, ApRIL 9 TuESdAY, MAY 21 TuESdAY, JuNE 18

TuESdAY, JuLY 16 TuESdAY, SEpTEMbER 17 TuESdAY, OCTObER 15 TuESdAY, NOVEMbER 19 TuESdAY, dECEMbER 17

VIA BOARD OF DIRECTORS

To learn more about membership, contact Kathy Norris at (661) 294-8088 or visit www.VIA.org.

CHAIRWOMAN OF THE BOARD

BOARD OF DIRECTORS

Point of view Communications

nola aronson’s advanced audiology

Teresa Todd

EXECUTIVE COMMITTEE

Ed Masterson

Immediate Past Chairman sos entertainment

Tim Burkhart

Vice Chair, Programs six Flags Magic Mountain

Hillary Broadwater Vice Chair, Events QM design Group

Dr. Jerry Buckley

Vice Chair, Education College of the Canyons

Michael P. Garrison, CPA, MAcc Treasurer KKaJ, LLP

Kim Thomson

Corporate Secretary sCv Relocation services

Myles McNamara Director at Large Comfort Keepers

Nola Aronson J.C. Burnett

Courier-Messenger, Inc.

Denise Covert

City of santa Clarita

Mike Kuhlman

William s. hart union high school district

Kathie Martin

sCv Water agency

Mariella Masuda

hyatt Regency valencia

Brian Schlick schlickarts

Ted Sirotta

henry Mayo newhall hospital

Sue Tweddell

Primerica Financial CEO/PRESIDENT

Kathy Norris

valley Industry association

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

HEALTH Continued from page 8

The hospital also targets the youth through programs like athletic training, where partnerships with the William S. Hart Union High School District allows for trainers to offer care and education at all six high schools, a service that arose as a result of a growing concern over sports-related concussions. MEASURING RETURN ON INVESTMENT With a generous amount of activity toward the community, from building new facilities to offering a myriad amount of free educational

F E B R UA RY 2019

classes and events, how do health care providers know the worth and effectiveness of their investments? Measuring a business’ return on investment can help determine success over time and cancel out the guesswork on future decisions. For Henry Mayo, Moody said the hospital is working on improving the way it measures its effectiveness on programs and services offered, such as conducting phone interviews with community leaders to better focus on the areas with greatest needs. “The problem we have is that the data we receive includes the San Fernando Valley,” he said. “We get additional (tools) to get Santa Clarita

Kaiser Permanente partners and sponsors several events that promote a healthy lifestyle, including the Santa Clarita Marathon Final Mile Challenge. PHOTO COURTESY KAISER PERMANENTE

Henry Mayo hospital partners with the American Heart Association for their ‘Little Hats, Big Heart’ event to raise awareness on heart disease. PHOTO COURTESY HENRY MAYO

Valley data so that gives us a better snapshot of our community.” Kaiser Permanente their ROI for grants and business by returning to the overall question, said DeVita. “Are we continuing to go on our path toward our vision? That’s only going to happen with changing the

Please join the Valley Industry Association To Celebrate

The

Signal Story

A Century of Excellence

way we deliver health care,” he said. Examining how each decision is made, such as investing in the latest technology to offer convenience and efficiency, will result in the best return on investment, DeVita said, “for all in the health care industry.”

The Signal has carried the banner of responsible community journalism in the Santa Clarita Valley.

Hyatt Regency Valencia 24500 Town Center Drive, Valencia, 91355 Tuesday, February 19th, 2019

Check in 11:30, Program begins at 11:45 $50 Per Person

F E B R UA RY 2019

SCV BUSINESS VOICES

IN 2019, I RESOLVE TO … DAVID POOLE, ESQ.,

Partner at Poole & Shaffery

ith apologies to those who feel that they can’t handle one more thing that needs fixing, let me suggest a few legal risks that are worthy of your attention in 2019:

protected by, where appropriate, patents, trademarks, copyrights, nondisclosure agreements and company practices to ensure that trade secrets are properly maintained; and company succession planning including agreements covering owners and key personnel and IN

related estate planning.

excuses. Have a great 2019.

For self-assessment of additional areas that may need attention, please click on this link to go to our firm’s “California Corporation & Limited Liability Company Checklist.” Now is the time, no more

David Poole is a partner in the law firm of Poole& Shaffery, LLP. He specializes in civil litigation with a focus in the areas of complex business disputes, labor and employment, real property and environmental law.

CELEBRATION

T WENT Y

YEARS

EMPLOYMENT LAW

a review of and any necessary update to your Employee Handbook to address all the recent changes in the law; a review of the job descriptions and actual job performed by anyone who is categorized as an exempt employee; a review of the status of any “independent contractors” who you use, to determine if they meet the new requirements to allow then to be so classified; and a review with your insurance broker of your Employment Practices Liability Insurance policy to assess the adequacy of coverage terms and limitations. If you want to do a quick self-assessment of additional areas that may need attention, please click on this link to go to our firm’s California Employer Checklist at PooleShaffery.com CORPORATE/LIMITED LIABILITY COMPANY OPERATIONS

all corporate organizational records including articles of incorporation, bylaws, minutes of required annual meetings, director’s meetings, and annual reports to ensure that they are in order and provide adequate protection from anyone who would try to “pierce the corporate veil” and get at your individual assets; all required company filings including Fictitious Business Name Statements, Statement of Information for Secretary of State, appropriate IRS and FTB filings if it intends to be taxed as an S Corporation; all company intellectual property to determine if it is

We’re proud to be the law firm for your business.

igh-quality representation is our priority and it has been since 1998. In fact, we believe it’s our personal, hands-on attention, usually only afforded by smaller firms, that has allowed us to grow in size and capability. However, it is truly you, our amazing clients, we have to thank. You chose us and trusted us. In return, we have had the honor and privilege of resolving issues, providing legal guidance and successfully representing you in a variety of processes, transactions, litigations and more. Without your faith in us, we would not be where we are today. We look forward to another 20 years with clients like you!

Poole & Shaffery, LLP is a full service business law firm offering its clients services in: • Employment Counseling and Litigation • Corporate and Business Transactions and Litigation • Cyber Security, Data Breach & Internet Privacy • Regulatory Compliance and Corporate Governance • Business Succession and Estate Planning • Trust Administration

Santa Clarita 25350 Magic Mountain Parkway, Second Floor Santa Clarita, CA 91355

(661) 290-2991 | www.pooleshaffery.com Producing results for our clients throughout California

Santa Clarita | Los Angeles | San Francisco | San Diego | Orange County

F E B R UA RY 2019

ECONOMIC DEVELOPMENT CORPORATION SANTA CLARITA VALLEY

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

SCV’S MUST-ATTEND BUSINESS EVENT — THE 2019 ECONOMIC OUTLOOK FORECAST BY HOLLY SCHROEDER

President and CEO of the SCV Economic Development Corp.

o you have your ticket for the 2019 Economic Outlook Forecast? This year’s event, from 2-5 PM on March 14 at the Hyatt Regency in Valencia, is sure to sell out. Early-bird pricing is only available through February 8, 2019 so don’t delay! The theme is Santa Clarita Valley — Leading in an Age of Innovation and you won’t want to miss our fantastic speaker line-up. As our region grows, the Santa Clarita Valley has the unpresented opportunity to be a leader in building a community that continues to be a great place to live, work and play for generations to come. Speakers include: Emile Haddad, Chairman and Chief Executive Officer of FivePoint Holdings, LLC who will share the inside scoop on Newhall Ranch, one of the most environmentally sustainable, master-planned

communities in the nation. Lewis Horne, Divisional President of CBRE who will address technology and innovation trends in real estate and the workplace and how they affect how we work and live. Ravi Rajan, President of California Institute of the Arts who will discuss the importance of the arts to create proximity and place, and our need to harness creativity in the next generation in order to propel strong communities. Dr. Mark Schniepp, Director of California Economic Forecast who will provide a forecast of the Santa Clarita Valley, along with State, National and Global trends.

As always, the Economic Outlook will include an in-depth look into our national and local economies. This is the only event that provides a detailed economic forecast at the local level. A limited number of sponsorships are still available. Outlook sponsors receive reserved seating, ad space in our Economic Outlook Book, recognition across our social media channels, and event recognition. Early-bird, general admission tickets are $95 when purchased through February 8, and include admission to the event, plus a take-away e-book filled with presentation information and forecast data which attendees can refer to throughout the year. Printed

copies of the Outlook Forecast Book are available for $25. We fully anticipate that this event will sell out so purchase your tickets today. For more information or to register visit www.scvedc.org/outlook. 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.

Econo Watch Santa Clarita Valley

Q3 ’18

Q2 ’18

Q3 2018 Sq Ft

Ofﬁce Space

15.90%

16.50%

2,597,256

Industrial Space

6.80%

6.90%

23,444,628

Commercial Vacancy Rates

Total Marked Sq. Ft. Vacancy Percentage 26,041,884 Ofﬁce Space - as a % of Vacancy

9.97%

9.78%

N/A

Industrial Space - as a % of Vacancy

90.03%

90.22%

N/A

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

Dec. ’18

Nov ’18

Dec. ’17

1 33

4 35

4 17

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)

Dec.’18 17.75 17.04 49.3 14 55.63 74.29 39.15

Nov ’18 19.75 23.94 60.29 15.5 61.36 83.68 42.73

% Change -10.13% 28-82% -18.23% -9.68% -9.34% -11.22% -8.38%

Unemployment Rates Santa Clarita Palmdale Lancaster Glendale Los Angeles County State

Nov ’18 4.5% 6.5% 7.0% 4.3% 4.6% 4.1%

Oct ’18 5.7% 6.5% 6.8% 4.5% 4.7% 4.1%

% Change -4.26% 0.00% 2.94% -4.44% -2.13% 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

Dec. ’18 600,000 363,000 132 71 96 90

Nov ’18 560,000 390,000 188 67 89 159

Dec. ’17 580,000 345,000 90 208 90 233

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 Î‡ 27

F E B R UA RY 2019

The List: S ANTA C LARITA V ALLEY H OTELS R ANK

HOTEL NAME

# ROOMS

YEAR BUILT

BUSINESS-RELATED ACCOMODATIONS AND CONTACT

CONTACT INFORMATION

Hyatt Valencia

244

1998

Top to bottom renovation in 2018. 12,000 square feet of flexible indoor function space, including 8 ballrooms. Amenities: valet, business center, pool, fitness center, mini market and free Wi-Fi. New full-service restaurant, Greater Pacific.

24500 Town Center Dr., Valencia (661) 799-1234 www.valencia.hyatt.com

Hilton Garden Inn Valencia Six Flags

152

2007

Four conference/ballrooms. $13.95 restaurant buffet. Amenities: free Wi-Fi, mini fridge, microwave, business center, pool, fitness center.

27710 The Old Rd., Valencia (661) 254-8800 www.hiltongardeninn3.hilton.com

Embassy Suites Valencia

146

2007

Renovated in 2017. 4,456 square feet of flexible meeting room space. Amenities: free Wi-Fi, business center, fitness room and pool Complimentary evening reception and made-to-order breakfast.

28508 Westinghouse Pl., Valencia (661) 257-3111 www.embassysuites3.hilton.com

Courtyard Valencia

140

2007

Boardroom for up to 10 people and meeting room for up to 50. Onsite catering available, plus restaurant and bar for breakfast and dinner. Free Wi-Fi and business center. Other amenities: heated outdoor pool, whirlpool and fitness center.

28523 Westinghouse Pl., Valencia (661) 257-3220 www.marriott.com/bursc

Hampton Inn Santa Clarita

128

1987

Currently one meeting room for up to 30 people, which will become a boardroom after renovation is completed. Free Wi-Fi, parking, breakfast, fitness room and pool.

25259 The Old Rd., Newhall (661) 253-2400 www.hamptoninn3.hilton.com

Rodeway Inn Magic Mountain Area

120

1989

Free Wi-Fi and continental breakfast. Outdoor pool, laundry facilities and pet-friendly.

31558 Castaic Rd., Castaic (661) 295-1100 www.choicehotels.com

Holiday Inn Express Valencia

118

2002

Two meeting rooms available for up to 50 people. Complimentary hot breakfast buffet. Free Wi-Fi, business center, outdoor pool, whirlpool and fitness center.

27513 Wayne Mills Pl., Santa Clarita (661) 284-2101 www.ihg.com

La Quinta Inn & Suites Santa Clarita

112

2006

Free parking, Wi-Fi and breakfast buffet. 100% pet friendly and 100% nonsmoking. Outdoor, heated pool open year-round.

25201 The Old Rd., Stevenson Ranch (661) 295-1111 www.laquintasantaclaritastevensonranch.com

Extended Stay America Hotel

104

2000

Free Wi-Fi and grab-and-go breakfast. Fully equipped kitchen and on-site guest laundry available.

24940 W. Pico Canyon Rd., Valencia (661) 255-1044 www.extendedstayamerica.com

Comfort Suites

100

1997

Free hot breakfast, weekday newspaper and Wi-Fi. Amenities: Business center, outdoor heated pool and whirlpool, fitness center.

25380 N. The Old Rd., Stevenson Ranch (661) 254-7700 www.choicehotels.com

Residence Inn Santa Clarita

1997

Boardroom for up to 8 people, 5 meeting spaces for up to 150 people. Full kitchens in suites. Pet friendly. Free Wi-Fi, parking, breakfast, heated outdoor pool, whirlpool and fitness center. Shuttle service within 5 miles.

25320 The Old Rd., Santa Clarita (661) 290-2800 www.marriott.com

Fairfield Inn Santa Clarita

1997

Shared meeting space with Residence Inn. Free Wi-Fi, parking, breakfast, outdoor pool, whirlpool. On-site coin-op laundry and pet friendly.

25340 The Old Rd., Santa Clarita (661) 290-2828 www.marriott.com

Days Inn Castaic

N/A

Free Wi-Fi, breakfast, business center and laundry facilities.

31410 Castaic Rd., Castaic (661) 295-1070 www.daysinn.com

Santa Clarita Motel

N/A

Free Wi-Fi.

N/A

Travelodge

N/A

Free breakfast and Wi-Fi.

N/A

Super 8 Motel

N/A

Free breakfast and Wi-Fi. Pet friendly.

N/A

The

Please join the Valley Industry Association To Celebrate

The Signal has carried the banner of responsible community journalism in the Santa Clarita Valley.

Tuesday, February 19th, 11:45 Hyatt Regency Valencia - $50 pp

Signal

Story

A Century of Excellence

T:10.13 in

TOGETHER WE ARE

A CALIFORNIA

RESOURCE California Resources Corporation salutes the Boys & Girls Club of Santa Clarita

Valley for 50 years of dedicated service to the youth in the community. We thank you and your volunteers for providing local kids and teens with a place to learn, grow and belong, and for guiding them toward a great future. Happy Anniversary!

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PoweringCalifornia.com

CLIENT: CRC

HEAD: CALIFORNIA RESOURCE

CRC.com

PUB: SANTA CLARITA VALLEY BUSINESS JOURNAL