The company signed leases collectively valued at more than $21 million in 2013, according to Hayes Commercial Group, and is now downtown Santa Barbara’s largest private-sector tenant.
After several false starts over the years, the Fess Parker family is moving forward with revised plans for its second waterfront hotel in Santa Barbara, one of a few hotel developments in the city that could see progress in the New Year.
The family of late actor and developer Fess Parker has submitted initial concept drawings to the Historic Landmarks Commission for the property on Cabrillo Boulevard. The Parkers told the Business Times that they are moving forward with plans for an upmarket, boutique inn, which would be located next to the 360-room Fess Parker DoubleTree Resort.
Spencer’s Fresh Markets in the Laguna Village Shopping Center in San Luis Obispo is closing at the end of January and will be replaced by two new stores, according to the business and mall management.
Three recent commercial property sales totaling $20 million cap several years of investment and a burst of development in Santa Barbara’s Funk Zone area.
By Marlize van Romburgh / Friday, December 13th, 2013 / Columns, Real Estate / Comments Off on Camarillo retail center’s new owners plot big improvements
The buyer of the Camarillo Plaza shopping center was a joint venture between Peter Cohen of Cardinal Equities LLC and a Beverly Hills-based family partnership.
Westlake Village-based LTC Properties, Goleta-based Deckers Outdoor Corp. and Move Inc., whose headquarters are in the Bay Area but has most of its employees in Westlake Village, were on a yearly ranking produced by UC Davis. Each year, the school surveys publicly traded companies in the state to find which have the most women among their boards of directors and highest paid executives.
