Scaling up: Cloud computing firm expands to double its space
RightScale is taking over 26,000 square feet of space in downtown Santa Barbara.
Why developers are building new homes in the region again
A few homebuilders are cautiously tiptoeing off the sidelines and putting new single-family inventory on the market.
Construction heating up at giant Santa Maria greenhouse project
Windset Farms is building a gigantic hothouse in Santa Maria.
Lawsuits question foreclosure system
A Westlake Village attorney is asking a judge to rip up a homeowner’s mortgage and strike down the legal framework the lending industry uses to foreclose on notes that have been sliced, diced and sold so many times that it’s impossible for borrowers to tell who owns them.
SLO investors band together, save historic hotel property
The Granada Hotel building in downtown San Luis Obispo has been purchasedby a group of local investors.
Deal in the works for smaller anchor at SLO’s Prefumo Creek
A deal is in the works for the 36,000-square-foot junior anchor spot at San Luis Obispo’s Prefumo Creek Commons shopping center. The San Luis Obispo Chamber of Commerce said the retailer filling that space is Dick’s Sporting Goods, a national chain. Lee & Associates Central Coast broker Clarice Clark — who represents the landlord — Read More →
Ventura real estate investor is thinking big in Texas market
Dick Fausset is partying in Texas like it’s 1999. The California real estate investor and his Ventura-based firm, Fausset Neely, recently sold a 104,500-square-foot shopping center in Amarillo, Texas, for $4.4 million — twice as much as they paid for the property in 1998. The sale follows a year of scooping up more than 300,000 Read More →
