Two relocations, one from Santa Barbara to Goleta and the other within the same building, have led to subleases recently signed at 5383 Hollister Avenue in Goleta.
TMC Communications subleased 8,263 sf of office space from Global Power Supply. TMC willl move there from its current headquarters at 820 State Street in downtown Santa Barbara. Francois DeJohn and Kristopher Roth of Hayes Commercial Group represented Global Power Supply in the transaction.
Global Power Supply subleased 4,872 sf of office space from AT&T and will move its headquarters within the building. Francois DeJohn and Steve Hayes of Hayes Commercial Group represented all parties in the transaction.
“These two deals are characteristic of the current office leasing market, in which medium sized tenants are taking advantage of current rental rates and the array of spaces available to find a better fit for their businesses,” said Francois DeJohn of Hayes Commercial Group.
TMC Communications, established in 1997, is a national telecommunications company providing a full range of voice, data and next generation telecom services to small, medium and large sized businesses across the country. The company is in the process of being acquired by Globalinx and will continue to operate on the South Coast at 5383 Hollister Avenue.
Global Power Supply is an international supplier of high quality electric power equipment, offering an extensive array of new, new surplus, and reconditioned equipment for utility, industrial, and commercial applications. They are headquartered in Goleta.