Retail market heats up again in Santa Barbara, San Luis Obispo counties
The Tri-Counties are finally seeing some retail leasing action again, with everybody from large national chains to local mom-and-pop shops penning deals on spaces. It’s an encouraging sign that the economy is truly on the upswing.
In Santa Barbara, national clothing retailer Love Culture announced that it has signed a 10-year lease on 7,000 square feet at La Cumbre Plaza and will open in July. Meanwhile, other national and local firms are making moves on prime retail space on State Street.
“Generally, retail is picking up and we’re encouraged across the board,” said Anne Singleton, La Cumbre’s vice president of leasing.
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