A shopping center that housed Santa Clarita’s Kmart location for more than four decades has been sold to a new owner. SRS Real Estate Partners announced Monday the completion of a $27.5 million sale for a value-add retail property on 12.6 acres at 23126-23170 Valencia Boulevard. SRS Capital Markets represented the seller, a Los Angeles-based investor. CBRE represented the buyer, ...

Samsung, the newest international company to set up shop in Santa Clarita, is creating an audio research and development lab in Valencia. They are hiring engineers to staff the lab and hope to have a grand opening by June.