Tri-county commercial real estate activity likely to grow in 2017
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Caffeinated growth: French Press to open in Goleta
French Press owners Julia and Todd Mayer opened their first location in downtown Santa Barbara in 2009.
Former Raytheon property in Goleta sells for $2.8M
Once home to aerospace and defense firm Raytheon, the industrial building at 5756 Thornwood Drive in Goleta has new owners, and improvements are on the way.
Camarillo industrial buildings sell for $54.5M
A $54.5 million deal for two industrial buildings in Camarillo is one of the biggest transactions to hit the South Coast real estate market this year. The Mission Oaks Corporate Center, home to Deckers and Addison Behavioral Resources warehouses, was recently sold by a joint venture between Rexford Industrial and Dune Real Estate Partners to Read More →
Montecito property sells for $13M
Montecito’s Coast Village Road continues to be a hot spot for commercial real estate investment as the Coast Village Plaza recently traded hands for $13 million in off-market deal. The property is home to Giovanni’s, UPS Store, Sequel Salon, DaniBoy, The Tennis Shop, Riviera Smiles, Norvell Bass Cleaners, Richie the Barber and Scoops Gelato, among Read More →
More deals, development in South Coast CRE pipeline
When you’re serving up steak and eggs for nearly 300 people the market must be doing well joked Brad Frohling, principal for Radius Commercial Real Estate and event moderator for the firm’s 7th annual Radius Real Estate & Economic Forecast breakfast. The event was held at Fess Parker’s Double Tree Resort & Hotel in Santa Read More →
Large hotel sales lead the way in South Coast CRE recovery
The commercial real estate recovery along the South Coast remained bumpy in the first half of the year, according to the latest report from Hayes Commercial Group.
