Pasadena-based Alexandria Real Estate Equities Inc. has purchased an office building in Palo Alto from Stanford University for $115.2 million, according to a report by the San Jose Mercury News. The deal for the 100,000 square-foot Class A office building at 3... More »
Men’s Wearhouse in Pasadena will remain open despite a bankruptcy filing last week by the store owners, Tailored Brands. Tailored Brands is closing 500 stores as it restructures in bankruptcy, including the nearby Jos. A. Bank, which is located on South Lake A... More »
As most U.S. banks suffered losses due to the coronavirus pandemic, Pasadena-based Green Dot Corp. reported total operating revenues of $316.2 million for the second quarter of 2020, up from $278.3 million in the second quarter of 2019, a 12 percent increase. ... More »
Old Pasadena Management District (OPMD) is proud to announce the commUNITY campaign, featuring an upbeat, radiant sun to symbolize that even in the face of unbelievable hurdles, the Old Pasadena business district continues to shine. A cohesive campaign of post... More »
As America celebrates National Black Business Month, Pasadena leaders say Black business owners have not flourished due to a number of unresolved issues, including a lack of support, systemic racism and divisions in the Black community. Black business owners a... More »
Workers have completed construction of a new 16-unit project consisting of two townhomes to be sold to qualifying low-income home buyers at roughly half their market values. Decker Court, with nine homes, and Gill Court, with seven, is a project by the nonprof... More »
Wescom Credit Union has filled three Vice President positions over the last quarter, continuing its mission to help Southern Californians build better financial lives and to exceed member expectations across all aspects of its business. “We are happy to welcom... More »
The founder and CEO of a Pasadena company backed by billionaire Bill Gates and working to replace fossil fuels with sunlight has been named to Fast Company magazine’s list of the “Most Creative People in Business 2020,” the publication announced Tuesday. Bill ... More »
Green Coast Pet, a Pasadena-based manufacturer of pet cannabidiol (CBD) supplements and treat products, has partnered with Astro to give retailers a buy five get one free loyalty program on its CBD oils for pets. “Ever since we have launched our CBD oil line, ... More »
A Pasadena-based finance company popped the cork Tuesday on a new credit card designed specifically for wine aficionados. Vertical Finance’s new Grand Reserve World Mastercard allows customers to earn extra rewards points shopping at wineries, wine clubs and w... More »
According to new projections, a third of the nation’s restaurants could be shuttered by the start of the new year. The closures are predicted to bring the restaurant industry’s steady growth to a halt for the first time in two decades, according to restaurant ... More »
One Pasadena men’s clothing store will close and another’s fate is unknown. On Sunday, Tailored Brands, owners of Men’s Wearhouse and Jos. A. Bank became the latest casualty of the novel coronavirus. The company announced it will close the Jos. A. Bank store o... More »
