Radius Commercial Real Estate Group recently listed two industrial/office buildings totaling 27,200 square feet at 749 and 759 Ward Drive in Santa Barbara. One 17,200-square-foot building is available for a 58 cent-per-square-foot lease until October 2016 when the owner will begin a $2 million-plus renovation. Both buildings will be ready in early 2017, according to Read More →
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A Buellton hotel project recently secured $14 million to start construction. The Los Angeles-based real estate investment company Lowe Enterprises Investors gave a $13.99 million construction loan to Ocean Park Hotels, a hotel construction company in Monterey, to fund building a Hampton Inn and Suites at 600 McMurray Road. The three-story, 99-unit property that will Read More →
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John Madonna plans to transform 111 acres in San Luis Obispo into a $500 million mixed-use project that caters to the city’s aging population. The proposed Froom Ranch project includes a continuing care retirement community (CCRC) that offers 350 residential units for seniors, 150,000-350,000 square feet of commercial retailers for its residents, 200 apartments and Read More →
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Several high-end specialty grocers are interested in a 3-acre lot in downtown Santa Barbara. The space at 301 E. Yanonali St., where StoneYard Building Materials currently operates, is available for lease, Pamela Scott told the Business Times. Scott is an agent at the Santa Barbara-based commercial real estate company Lee & Associates. The proposed project Read More →
