Hospitality Update
Hotels continue to be the hot commodity in Santa Barbara! Recently sold hotels include Hotel Californian (~$130M), Hotel Indigo (~$19M),...
Year-End Review
A RECORD YEAR FOR SALES, A RECOVERY YEAR FOR LEASING With momentum building each quarter, 2021 proved a banner year for commercial sales,...
2021 Q3 Market Report
• Year-to-date commercial sales dollar volume (excluding hotels) is up 48% compared to 2020, with most of the activity in Q2 and Q3. •...
Retail + Restaurant Update
Athleta (pronounced Ath-letta) is the first national retailer to sign a lease on State Street in over 15 months. The activewear brand is...
The Goodland
In one of the largest transactions of the year, the 105K SF Apeel Sciences headquarters at 71 S Los Carneros sold to a local investment...
Heard It Through The Grapevine
A wine-drenched game of musical chairs is happening in SantaBarbara. Try to follow this - Pali Wine Co just purchased 205 Anacapa Street...
Owner-User Takeover
Owner-users, unlike investors, purchase properties for their own use. The current low interest rate environment and favorable lending...
Q2 2021 Market Report
GOOD NEWS, BAD NEWS The “good news, bad news” for South Coast commercial real estate is this: recovery from the economic impact of the...
Something Sweet
Alessia Patisserie + Cafe officially opened this week at 134 E Canon Perdido St, next to Handlebar Coffee! It's been a long time coming...
Setting the Stage
Local venues are rolling out their 2021 schedules and grand re-openings! The Santa Barbara Bowl will kick off on August 21st with...