Camarillo industrial properties sell for $54.5 million
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.
Developers forecast a long cycle for hotel investments
Tourism activity in wine country and an influx of foreign visitors are driving the interest of developers from inside and outside the Tri-Counties.
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 →
South Coast housing demand drives demolition of State Street hotel
Plans to bulldoze a profitable hotel on Upper State Street in Santa Barbara are moving forward as pent-up demand for housing means South Coast developers can price middle-market condos in the $1 million range.
Cheers to 100 years: Jordano’s kicks off centennial celebration
Jordano’s kicked off a year-long run-up to its 100th birthday celebration at its biannual food show.
Big firms check in to Santa Barbara hotel boom
A Philadelphia company’s $41.7 million purchase of Hotel Oceana in Santa Barbara signals that large out-of-town investors are betting on a major boom in South Coast tourism.
South Coast golfers trod parched courses amid drought
Some of the greens on the South Coast are starting to look a little brown as regional golf courses cut back on watering amid California’s worsening three-year drought.
