California
INDUSTRY UPDATES
Transcat, Inc., a leading provider of accredited calibration services, cost control and optimization services, and distribution and rental of value-added professional grade handheld test, measurement and control instrumentation, announced via press release that it has acquired privately held Martin Calibration Inc.
Los Angeles-based Verde Bioresins Inc. agreed to be acquired by Nxu Inc. from Humanitario Capital for $16.2 million on Oct. 23.
Business
Denny’s, one of many fast-casual chains struggling with higher costs and changing consumer demand, says it’s closing about 150 restaurants.
Food
Mark the next special occasion with a reservation at one of these top picks from the most recent 101 Best Restaurants guide.
Commercial Real Estate
Industrial developer CapRock Partners sold West Valley Logistics, a 270,000-square-foot warehouse in Walnut, to Pleaser USA Inc. for $100 million, or $370 per square foot.
Bill Addison writes about one restaurant lunch during a disastrous week in Los Angeles. Plus, a rundown of the Food team’s full coverage of the wildfires.
Restaurant critic Bill Addison and columnist Jenn Harris rank the 101 best restaurants in Los Angeles.