DOWNTOWN LOS ANGELES
On Track: Aecom Technology Corp., a downtown L.A.-based engineering services company, has been awarded a final design contract for the Denver Regional Transportation District’s North Metro Rail Line. Aecom will be working on the first two segments of the rail line, an 18-mile commuter rail corridor. Financial terms of the deal were not disclosed.
Open for Business: Pahl & McCay, a San Jose-based business law firm, has opened an L.A. office. The firm’s new outpost is at 6500 Wilshire Blvd., just east of San Vicente Boulevard.
Industrial Property: Binex Logistics has purchased a Torrance industrial property for $7.8 million from a private investor. The 57,766-square-foot building, at 19515 S. Vermont Ave., is part of the Pacific Gateway Center and includes 14,804 square feet of office space.
WEST LOS ANGELES
Insurance Deal: Sonoma Risk Insurance Agency LLC, a West L.A. insurance services firm, has been acquired by Alteris Inc., a Boston insurance company. Sonoma Risk will continue to operate as a separate entity. Alteris is a subsidiary of Argo Group International Holding Ltd. in Hamilton, Bermuda. Financial terms of the deal were not disclosed.
Medical Partnership: Surgery Center of the Pacific and Surgery Center of Santa Monica have reached a deal to combine operations by the end of the year and provide outpatient care from one Santa Monica location under the name Surgery Center of the Pacific. In addition, Saint John’s Health Center in Santa Monica plans to acquire an ownership interest in the new center, which will be aligned with the recently announced Chan Soon-Shiong Center for Sports Sciences. Surgery Center of the Pacific, at 1508 Arizona Ave., is an affiliate of Sovereign Healthcare and is owned in partnership with almost two dozen physicians. Surgery Center of Santa Monica, at 2121 Wilshire Blvd., is an affiliate of Surgical Care Affiliates and is owned in partnership with more than a dozen physicians. The new center will operate at the Wilshire address.
Back in Business: Brentwood Art Center, which has been offering instructional art classes for 41 years, has reopened and began offering classes Oct. 1. The center has been restructured as a non-profit in order to pursue broader funding opportunities.
New Office: Technomedia Solutions LLC, an Orlando, Fla.-based audiovisual and other entertainment production services, has opened a second L.A.-area office to be nearer to studio clients. Technomedia’s new outpost, at 1756 Flower St., will be overseen by Jeff Garner. The firm already has an office in Santa Monica.
SAN FERNANDO VALLEY
New Name: Kassabian Development Inc., an Encino architectural firm, has changed its name to Kassabian Design Build. The firm was founded by principal Diko Kassabian.
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