Montecito buildings sell for $10.2M
A prominent Montecito retail building has been sold to an unnamed local investor for $10.2 million. The 13,778-square-foot retail property building at 1046 to 1054 Coast Village Road houses tenants such as Starbucks, Von’s Pharmacy, Blenders in the Grass, Boutique Antoinette and Occhiali Fine Eyewear. Clarice Clark, president of Lee & Associates, handled the transaction Read More →
Deckers to double retail stores in race for revenue
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His vision was 20/20: UCSB sunglasses venture raises $181K
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RiverPark theaters spark $8M dispute
The dissolution of California’s redevelopment agencies has left the developers of RiverPark in Oxnard wondering where to send an $8 million check. In a lawsuit filed Nov. 26, Ventura County Superior Court, the project’s developer, Shea Properties, allege that a dispute has broken out over $8 million they promised to pay in a deal to Read More →
Middle-class retailers are being squeezed out of the shopping scene
A pre-holiday walk up and down State Street in Santa Barbara gives a pretty good cross section of what’s happening in retail stores across the nation.
Retail leads South Coast CRE recovery as office market lags
The lackluster office space market could throw a wrench in the recovery.
Malls investing millions signal Ventura County retail rebound
Mall operators are investing millions of dollars to attract tenants ahead of the expected retail rebound.
