$1-Rent Retail Space + CA's Most Expensive Home Sale: CA Business News
CALIFORNIA — From retail space in one SoCal city available for just $1 per month to how one facility's closure cost 400 people their jobs, a lot is going on in California business news this week.This week, California's record for the most expensive home ever sold, previously held by Beyonce and Jay-Z, was broken. After 55 years in business on Sunset Boulevard, Arby's restaurant, with its landmark 10-gallon hat sign, is shutting down.One SoCal couple is paying $5,100 a month to live out their California dream in a trailer on the beach. Check out the highlights of this week in California business news on Patch:$1 Rent? Storefronts Available For Pennies In This SoCal CityA SoCal city is offering small businesses retail space for a mere $1 per month.$5,100 A Month For A Trailer? Inside One Couple's California DreamThe pair wanted to live in Laguna Beach, so they renovated a less than 1,000-square-foot aluminum-sided trailer, the owner wrote for CNBC.Major Company Abruptly Closes IE Facility, Over 400 Jobs LostThe state received notice in recent days that the center would close, with the job losses effective Aug. 15.Grateful Dead House For Sale In Bay Area, Priced At $2.7MThe 106-year-old home where Jerry Garcia named the Grateful Dead is on the market.CA's Most Expensive Home Sale Ever: Malibu Estate Shatters RecordJay-Z and Beyoncé previously set the state real estate record. Now, their new neighbor in Malibu has snatched that title.More restaurant news:OC Filipino Restaurant Survives Hate-Fueled Vandalism, Finds SupportHollywood Arby's Closes After 55 Years On Sunset BoulevardMore business news:Stoneridge Mall Opening 4 New Stores2 New Stores Open In City CenterThe Wave Offering Free Tickets For Adults FridayManhattan Beach EV Maker Files For BankruptcyAnother Hotel Proposed For Old Town TemeculaThe article $1-Rent Retail Space + CA's Most Expensive Home Sale: CA Business News appeared first on Across California, CA Patch.
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