Unibail-Rodamco-Westfield (URW)  has missed the deadline to pay off a $195 million loan in connection with Santa Clarita’s Valencia Town Center Mall.  The loan, which was a CMBS loan provided by UBS and Barclays, was reportedly due to be paid off this month by the URW company, according to a Trepp report.  According to the Real Deal, a new site ...

The Canyon Santa Clarita announced Wednesday it will be closing down due to a dispute with the Westfield Valencia Town Center and the “inability to operate under existing conditions.”   The Canyon Santa Clarita made their decision to close after management at the Valencia Town Center installed bathroom’s above the Canyon that flooded the venue causing over $1 million in damage, ...

A felony vandalism suspect was arrested Tuesday evening after he allegedly punched several vehicles causing damage in Santa Clarita.  On Tuesday evening, deputies responded to Bouquet Canyon Road and Urbandale Avenue in Saugus regarding a vandalism call, said Deputy Natalie Arriaga, spokesperson for the Santa Clarita Valley Sheriff’s Station.   “It was reported a male adult was hitting multiple vehicles,” Arriaga ...

Sears Holdings Corporation officials announced Monday that the company has filed for bankruptcy and is looking for a buyer to shoulder its debt. Don’t miss a thing. Get breaking KHTS Santa Clarita News Alerts delivered right to your inbox. “The company expects to move through the restructuring process as expeditiously as possible and is committed to pursuing a plan of reorganization in ...

The Kmart location on Valencia is closing and the last day of operations is November 19, an official confirmed Thursday. Don’t miss a thing. Get breaking KHTS Santa Clarita News Alerts delivered right to your inbox. Sears, which owns Kmart, announced the closures today in a statement on its website, and to employees, according to a store official at the Valencia location. ...

Westfield Valencia Town Center officials reported that Baby Jesus was found inside the mall at Sears in Santa Clarita

Shoppers have already begun to line up outside the Best Buy on Bouquet Canyon Road. Best Buy opens at 6 p.m. on Thanksgiving this year. Jessica Valdez, the first person in line, said that Black Friday has been a tradition in her family for eight years.