PennyMac Corporate Headquarters to Relocate From Moorpark to Thousand Oaks

At yesterday's "State of the City" address at Cal Lutheran, City of Thousand Oaks Mayor Al Adam shared the news that Moorpark financial services provider PennyMac is moving its corporate headquarters from Moorpark to Thousand Oaks, along with about 300 jobs. Earlier this year, PennyMac inked a deal for 60,466 sq ft of space at 3043 Townsgate Road in Westlake Village.

PennyMac Financial Services, Inc. trades on the New York Stock Exchange under symbol PFSI. More information at www.pennymacusa.com.

The Mayor also indicated that China based Herri Holdings Corp is in the process of building out an 88,000 sq ft pharmaceutical manufacturing facility at 2300 Corporate Center Drive in Thousand Oaks.

We were also reminded that Easton Baseball/Softball will be relocating from its current Van Nuys location to Thousand Oaks when its current lease ends in 2016. Its CEO noted in video footage that Easton has outgrown its current space and looks forward to moving to the Conejo Valley, with its great local baseball/softball tradition. According to an August Pacific Coast Business Times article, Easton's new headquarters at 3500 Willow Lane, Thousand Oaks will entail 90,000 sq ft and will include a 15,200 sq ft indoor training facility where new products will be developed.

And lastly, we heard about the first ever NCAA national championship in Ventura County history earned on November 21st by the California Lutheran University Women Regals Volleyball Team. The 9th ranked Regals topped 6th ranked Wittenberg University of Ohio 25-23, 25-18, 25-16 in their third NCAA title game appearance. More at www.clusports.com/volleyball/news/11980.