-
Hayes Commercial brokers sweep Costar Power Broker awards for 2024 and Q4
March 6, 2025 -
Redwire Space Enterprises leases 42,600 SF R&D building for Goleta expansion
June 21, 2024 -
Steve Hayes moving on after more than four decades in commercial real estate
June 17, 2024 -
Caitlin Hensel and Dylan Ward named Partners at Hayes Commercial
January 16, 2024 -
Santa Barbara Public Market Evolves with a Local Art Exhibition and New Restaurants
July 26, 2023 -
Commercial Sales Update
June 5, 2023 -
Dream Team: Hayes Commercial Group celebrates 30 years as a Santa Barbara real estate brokerage
April 25, 2023 -
AppFolio office building in Goleta sold for $13.9 million
May 24, 2022 -
The Santa Barbara Public Market evolves under new ownership as Shalhoob’s opens for business
March 24, 2022 -
194,625 SF industrial/R&D campus in Goleta purchased by Majestic Asset Management
March 21, 2022 -
Foodbank of Santa Barbara County buys 77,900 SF warehouse/office property in Goleta
October 6, 2021 -
Historic Lobero office building in Santa Barbara sold to local investor
May 6, 2021 -
66,384 SF office/R&D campus in Goleta purchased by Majestic Asset Management
May 5, 2021 -
Commercial market summary by Francois DeJohn (video)
February 19, 2021 -
SoCal-based venture acquires Goleta tech campus for $61 million
January 15, 2021 -
Majestic Asset Management expands Cremona Drive campus in Goleta with $13M acquisition
December 17, 2020 -
Goleta industrial building sold by Majestic Asset Management
June 15, 2020 -
Montana Avenue Capital Partners purchases AppFolio campus in Goleta
January 29, 2020 -
2019 Q4 Industrial Leasing: Goleta is very active while Santa Barbara and Carp are stifled by low vacancy
January 16, 2020 -
2019 Q4 Retail Leasing: Easing vacancy on State Street amid robust leasing in Santa Barbara
January 14, 2020 -
2019 Q4 Office Leasing: Goleta is (still) on a roll
January 11, 2020 -
2019 Q4 Commercial Real Estate Sales: Record volume tops $500 million
January 10, 2020 -
Majestic Asset Management acquires two office/R&D buildings in Goleta
January 2, 2020 -
2019 Q3 Office Leasing: Goleta’s office market maintains momentum
October 16, 2019 -
2019 Q3 Commercial Sales: Record volume of office sales
October 15, 2019 -
SB Housing Authority purchases 1.34-acre property near upper State Street
September 3, 2019 -
Montecito’s Old Firehouse building sold
August 29, 2019 -
Local investor acquires 106,000 SF office/R&D building in Goleta
August 21, 2019 -
Tech company Honey Science moves and expands in downtown Santa Barbara
April 22, 2019 -
Tech companies are on the move in downtown Santa Barbara as Invoca and Well Health Inc expand
February 20, 2019 -
CenCal Health purchases 60,225 SF building in Santa Barbara, leases 22,392 SF in Goleta
February 19, 2019 -
Northrop Grumman’s 83,479 SF facility in Goleta sold to local investor
February 14, 2019 -
Rob Adams joins Hayes Commercial Group
January 11, 2019 -
RAF Pacifica purchases 11 acres in Cabrillo Business Park from Sares-Regis
December 17, 2018 -
Mixed-use Santa Barbara waterfront property sold to local investor
November 5, 2018 -
CRE Outlook for 2018 – Liam Murphy
February 21, 2018 -
Fresh look and new tenants unveiled at Coast Village Plaza ribbon cutting
October 27, 2017 -
Renaud’s and Empty Bowl are both coming to Coast Village Plaza
October 5, 2017 -
Downtown “flagship” Starbucks building sold to local investor
October 4, 2017 -
Standing Tall: Liam Murphy is now a partner with Hayes Commercial Group
September 8, 2017 -
TrackR is growing and going (back) to Goleta
August 29, 2017 -
Hayes Commercial brokers sale of Allergan building in Goleta
May 22, 2017 -
Remodeled Coast Village Plaza welcomes Juice Ranch to tenant mix
April 10, 2017 -
Santa Barbara’s iconic Granada Tower purchased by local investor
March 22, 2017 -
Bluewater Grill Coming to Santa Barbara
December 2, 2016 -
Renovations underway at Montecito’s Coast Village Plaza
September 13, 2016 -
Procore expands HQ campus on Carpinteria bluffs
September 8, 2016 -
Hayes Commercial brokers assume new roles on board of CALM
July 29, 2016 -
Cafe del Sol building purchased by Magic Castle founder
June 16, 2016 -
Restaurant/bar space at Montecito Inn available for lease
March 18, 2016 -
The Mill is fully leased with artisanal tenants
January 20, 2016 -
Make Myself at Home: Iconic Granada Tower
January 14, 2016 -
Q4 leases fill CKE campus in Carpinteria
January 5, 2016 -
Paseo Nuevo Space leased to San Francisco retailer
January 4, 2016 -
Former Natural Café property sold to owner-user
December 17, 2015 -
Five Office tenants fill remodeled 801 Garden St
December 1, 2015 -
Amazon Store Opens in Isla Vista offering same-day pickup
November 23, 2015 -
For Release Iconic Linden Ave restaurant building sold, now for lease
July 23, 2015 -
LA investor makes record purchase in Carpinteria
June 23, 2015 -
Arts & Letters Café building in Santa Barbara sold after 20 years
June 4, 2015 -
Seek Thermal, Inc moves, expands in Goleta
June 3, 2015 -
Christos Celmayster and Kristopher Roth are now partners with Hayes Commercial Group
March 24, 2015 -
Downtown Carpinteria property sold to local investors
December 19, 2014 -
Goleta industrial building sold to local investors
December 15, 2014 -
Montecito’s Coast Village Plaza sold
October 30, 2014 -
Landmark Summerland building
September 8, 2014 -
Developer buys 80-acre site in Orcutt
August 11, 2014 -
Granada Tower fully leased after Peritus deal
July 7, 2014 -
Peritus Asset Management takes 4th floor of the Granada Tower
July 7, 2014 -
Landmark “Raytheon” building sold in off-market transaction
June 12, 2014 -
Samy’s Camera relocates to State Street location
May 21, 2014 -
Trophy Goleta office building sold to local investor
May 13, 2014 -
Hayes Commericial Group completes largest commercial sale of 2013
January 14, 2014 -
State Street retail transaction sets high mark for 2013
January 8, 2014 -
Sanford opens tasting room in downtown Santa Barbara
December 16, 2013 -
PathPoint to move programs to downtown Santa Barbara
December 12, 2013 -
Kristopher Roth picked for 40 under 40
September 30, 2013 -
Trampolines Unimted to open flagship “Jump Club” and HQ in Santa Barbara
July 30, 2013 -
Midyear Retail Outlook
July 15, 2013 -
Liam Murphy named Katherine Harvey Fellow
June 25, 2013 -
Griplock Systems finds new headquarters in Carpinteria
June 19, 2013 -
Optimism reigns at ICSC’s RECon in Las Vegas
May 22, 2013 -
Hertz to open new location to serve Santa Barbara
April 29, 2013 -
Santa Barbara welcomes new office concept with “Workzones”
March 27, 2013 -
Local investor buys “Venoco Building” on Carpinteria bluffs
March 18, 2013 -
Rincon Technology buys Santa Barbara building
March 4, 2013 -
Paul Dargan gives his namesake pub a permanent home
February 27, 2013 -
Yoga studio opening on the Mesa
January 31, 2013 -
Award winning chef brings a slice of Naples to State Street
January 28, 2013 -
Bank of Manhattan expands to downtown Santa Barbara
December 19, 2012 -
Paul Bradford joins Hayes Commercial Group
December 4, 2012 -
HCG Year- End Review
December 2, 2012 -
State Street retail building purchased by local business
October 8, 2012 -
32-Unit Mesa apartment property sold
September 17, 2012 -
City of Santa Barbara to auction land on Milpas Street
July 5, 2012 -
Hayes Commercial brokers report from ICSC’s RECon in Las Vegas
May 22, 2012 -
The Blue Owl opens daytime eatery in downtown Santa Barbara
May 21, 2012 -
Jewelry by Gauthier to bring unique creations to Santa Barbara
April 5, 2012 -
Green mixed-use project at UCSB nears completion
April 2, 2012 -
MultiProbe buys 18,673 sf prperty in Santa Barbara
March 1, 2012 -
Hayes Commercial earns spot on the list of top brokerages
February 22, 2012 -
Twenty four 7 moving leases 20,400 sf in Goleta
December 12, 2011 -
Nova Sensors leases 12,719 sf building in Buellton
October 25, 2011 -
Price, Postel & Parma renews lesase downtown
August 22, 2011 -
Santa Barbara accounting firm makes a move downtown
July 14, 2011 -
Investors buy 70,000 sf office building in Goleta
June 23, 2011 -
29,000 sf leased at Castilian Tech Center
June 9, 2011 -
Boulder entrepreneur gives State Street some fasion “Savvy”
June 7, 2011 -
Hayes Report: ICSC’s RECon 2011
May 27, 2011 -
RightScale doubles size of headquarters in Santa Barbara
May 10, 2011 -
Local Entrepreneurs bring “Legacy” to Montecito
May 2, 2011 -
Yardi Systems continues expansion in Goleta
April 6, 2011 -
Liam Murphy joins Hayes Commercial Group
March 29, 2011 -
Carpinteria chocolate shop expanding to Santa Barbara
February 24, 2011 -
Allied Waste expands headquarters in Santa Barbara
February 8, 2011 -
Santa Barbara Asset Management moves to State Street
January 18, 2011 -
Local non-profit buys historic Victorian
December 14, 2010 -
TMC Communications moving to Goleta
December 6, 2010 -
Maps.com picks University Business Center
November 29, 2010 -
Montecito cupcake shop to open in Santa Barbara
November 8, 2010 -
Pacific Wealth Strategies moves to La Torre Building
October 29, 2010 -
Hayes Commercial Group moving downtown
October 25, 2010 -
Closed Deal: Plum Goods brings eco-friendly products to State Street downtown
September 27, 2010 -
Christos Celmayster named to 40 Under 40 class for 2010
September 23, 2010 -
Closed Deal: Tracy Porter to open retail store on State Street
September 13, 2010 -
Closed Deal: lynda.com buys 6410 Cindy Lane
August 31, 2010 -
Closed Deal: 330 State Street leased for new restaurant
August 17, 2010 -
Closed Deal: US Bank Leases S.B. Location
July 23, 2010 -
Closed Deal: Nasif Hicks Harris & Co. moves to the La Torre Building
July 9, 2010 -
Closed Deal: 515 State Street Sold to Local Investor
June 15, 2010 -
Closed Deal: Santa Barbara Business Center Fully Leased
June 1, 2010 -
Closed Deal: Hayes Commercial completes largest lease of 2010
May 24, 2010
Hayes Commercial brokers sweep Costar Power Broker awards for 2024 and Q4
Costar recently announced its annual and quarterly Power Broker awards to honor brokers who represented clients in the top sales and lease transactions in Santa Barbara County. Hayes Commercial brokers…
Redwire Space Enterprises leases 42,600 SF R&D building for Goleta expansion
The deal leaves Majestic’s 213,000 SF “Engage” campus fully leased Redwire Space Enterprises will increase its Goleta footprint to nearly 90,000 SF after leasing 326 Bollay Drive, a 42,600 SF…
Steve Hayes moving on after more than four decades in commercial real estate
After a successful 43-year career in commercial real estate, Steve Hayes is retiring from the business and from his namesake brokerage of 31 years. He leaves a legacy of team-focused leadership, integrity, skillful deal-making, and enduring friendships with clients, colleagues, and competitors alike.
Caitlin Hensel and Dylan Ward named Partners at Hayes Commercial
Hayes Commercial Group has added two Partners to its ranks, welcoming Caitlin Hensel and Dylan Ward as principals. Both were existing Associates with the firm. They join current Partners Greg…
Santa Barbara Public Market Evolves with a Local Art Exhibition and New Restaurants
Since purchasing the Santa Barbara Public Market at 38 W Victoria St in December 2021, Travis Twining and the Winn-Twining family have been making moves to help the South Coast’s…
Commercial Sales Update
The commercial sales during April and May demonstrate that Q2 will surpass Q1 for dollar volume and, perhaps, transactions. Below is a chart showing sales volume and transactions by quarter…
Dream Team: Hayes Commercial Group celebrates 30 years as a Santa Barbara real estate brokerage
SANTA BARBARA, CA – Thirty years ago this month, commercial real estate broker Steve Hayes left a large firm to start a private brokerage with colleague John Blair. They set…
AppFolio office building in Goleta sold for $13.9 million
GOLETA, California — One of the three buildings in the Appfolio headquarters campus, 50 Castilian Drive, was purchased by an investor for $13.9 million. The leasehold interest sale was of…
The Santa Barbara Public Market evolves under new ownership as Shalhoob’s opens for business
In December 2021, Marge Cafarelli, the owner and founder of the Santa Barbara Public Market sold the building and the business to a local team led by Travis Twining. As…
194,625 SF industrial/R&D campus in Goleta purchased by Majestic Asset Management
A six-building industrial / R&D campus on 11.9 acres in Goleta was purchased in an off-market transaction by Majestic Asset Management. The asset was part of a portfolio of commercial properties managed by The Towbes Group.
Foodbank of Santa Barbara County buys 77,900 SF warehouse/office property in Goleta
GOLETA, CA—The Foodbank of Santa Barbara County purchased a 77,900 SF warehouse/office property at 80-82 Coromar Dr in Goleta for its own use. The price for the off-market sale was…
Historic Lobero office building in Santa Barbara sold to local investor
SANTA BARBARA, CA — The Lobero Building at 924 Anacapa St in downtown Santa Barbara was recently purchased by a local investment group. The 41,000 SF five-story office building is…
66,384 SF office/R&D campus in Goleta purchased by Majestic Asset Management
GOLETA, CA – A three-building, 66,384 square-foot office/R&D/industrial campus in Goleta was recently purchased in an off-market transaction by Majestic Asset Management. The asset was part of a portfolio of…
Commercial market summary by Francois DeJohn (video)
Francois Dejohn presented a summary and outlook of the South Coast commercial real estate markets at the SBAOR webinar. Here is the video.
SoCal-based venture acquires Goleta tech campus for $61 million
In an off-market transaction, the 165,905-square-foot tech office campus was purchased by Irvine-based Shopoff Realty Investments and Praelium Commercial Real Estate in a joint venture. The sellers were Montana Avenue…
Majestic Asset Management expands Cremona Drive campus in Goleta with $13M acquisition
GOLETA – In an off-market transaction, Majestic Asset Management, Inc recently purchased 120 Cremona Drive, a 58,000 square-foot multitenant office/R&D building in Goleta. The seller was EastGroup Properties. The closing…
Goleta industrial building sold by Majestic Asset Management
June 15, 2020 GOLETA – An 11,200 square-foot industrial building in Goleta was recently sold in an off-market transaction by Majestic Asset Management. The buyer was an unnamed owner-user based…
Montana Avenue Capital Partners purchases AppFolio campus in Goleta
GOLETA – An affiliate of Montana Avenue Capital Partners, LLC (“MAC”) purchased the three-building campus at 50, 70, and 90 Castilian Drive in Goleta, California for approximately $35,725,000. The property,…
2019 Q4 Industrial Leasing: Goleta is very active while Santa Barbara and Carp are stifled by low vacancy
In industrial leasing, Goleta ran dramatically counter to the rest of the South Coast, yielding a record-high 36 transactions, while Santa Barbara and Carpinteria both had record-low transaction counts of…
2019 Q4 Retail Leasing: Easing vacancy on State Street amid robust leasing in Santa Barbara
Santa Barbara Retail It was a busy year for retail leasing in Santa Barbara, amounting to 69 retail transactions, the highest count in 10 years. However, the heavy deal volume…
2019 Q4 Office Leasing: Goleta is (still) on a roll
Goleta Office Leasing In 2019, the Goleta office leasing market maintained its trajectory of high demand and leasing activity, coupled with absorption of available space. At year-end, the vacancy rate…
2019 Q4 Commercial Real Estate Sales: Record volume tops $500 million
The South Coast commercial sales market soared into uncharted territory in 2019, as dollar volume (excluding hotel property) exceeded $500 million, surpassing the next highest annual total by $140 million….
Majestic Asset Management acquires two office/R&D buildings in Goleta
GOLETA – Majestic Asset Management, Inc has purchased two office/R&D buildings on adjacent parcels in Goleta for $24.25 million. The buildings total 133,299 square feet on 8.17 acres. Based in…
2019 Q3 Office Leasing: Goleta’s office market maintains momentum
South Coast office leasing has been robust in 2019, especially in Goleta where momentum from record volume in 2018 has carried forward to the present. Achieved rents have also ascended…
2019 Q3 Commercial Sales: Record volume of office sales
Through three quarters of 2019, South Coast sales continue to reflect a more selective posture from investors, while owner-users have assumed a prominent role, enabled by favorable financing. Dollar volume…
SB Housing Authority purchases 1.34-acre property near upper State Street
SANTA BARBARA – The Housing Authority of the City of Santa Barbara recently purchased a 1.34 acre property at 200 N La Cumbre Rd in Santa Barbara, a few blocks…
Montecito’s Old Firehouse building sold
MONTECITO, CA – The Old Firehouse building at 1486 East Valley Rd in Montecito was purchased by an unnamed investor with ties to the Santa Barbara area. The sale price…
Local investor acquires 106,000 SF office/R&D building in Goleta
GOLETA, CA – In the South Coast’s highest-value commercial sale to date in 2019, the 106,309 square-foot building on 6.9 acres at 6300 Hollister Ave in Goleta was just purchased…
Tech company Honey Science moves and expands in downtown Santa Barbara
SANTA BARBARA – Tech company Honey Science recently subleased two adjoining buildings totaling 18,792 square feet of office space in the center of downtown Santa Barbara. The newly constructed buildings,…
Tech companies are on the move in downtown Santa Barbara as Invoca and Well Health Inc expand
SANTA BARBARA – Software company Invoca recently leased the 27,773 square foot building at 419 State St in downtown Santa Barbara. The move marks significant expansion from the firm’s former 14,746…
CenCal Health purchases 60,225 SF building in Santa Barbara, leases 22,392 SF in Goleta
GOLETA, CA – CenCal Health, the publicly-sponsored health plan that provides comprehensive health coverage to Medi-Cal beneficiaries, recently purchased the 60,225 square foot office building at 4050 Calle Real in…
Northrop Grumman’s 83,479 SF facility in Goleta sold to local investor
GOLETA, CA — 600 Pine Ave in Goleta was recently sold to a local buyer. The entire 83,479 square foot building is leased by Northrop Grumman Innovation Systems (formerly Orbital ATK)…
Rob Adams joins Hayes Commercial Group
SANTA BARBARA – Rob Adams joined Hayes Commercial Group as a Broker Associate, effective January 1. Rob’s 18-year background as a commercial broker, residential builder, and CCIM has equipped him…
RAF Pacifica purchases 11 acres in Cabrillo Business Park from Sares-Regis
Developer to build approximately 145,000 SF of premium flex/R&D and office space The transaction consisted of five parcels of fully entitled commercial land totaling approximately 11.36 acres at the Cabrillo…
Mixed-use Santa Barbara waterfront property sold to local investor
SANTA BARBARA, CA – A local investor has purchased 18 Anacapa St, a mixed-use property in Santa Barbara’s “Funk Zone” neighborhood, listed for $8,950,000. The three-story building totals 13,215 square…
CRE Outlook for 2018 – Liam Murphy
Liam Murphy gave a 10 minute commercial real estate outlook for 2018 to the Santa Barbara Association of Realtors on February 15. Here is a YouTube link to his speech…
Fresh look and new tenants unveiled at Coast Village Plaza ribbon cutting
MONTECITO, CA – Coast Village Plaza at 1187 Coast Village Rd in Montecito was the site of a celebration and ribbon-cutting ceremony this afternoon. Nearly 100 people attended the event,…
Renaud’s and Empty Bowl are both coming to Coast Village Plaza
MONTECITO, CA – The major renovation of Coast Village Plaza at 1187 Coast Village Rd in Montecito, which has been underway during the past year, is scheduled for completion in…
Downtown “flagship” Starbucks building sold to local investor
SANTA BARBARA, CA. One of downtown Santa Barbara’s best-located and longest-held commercial properties, 800 State St, was just sold to a local investor. The property received multiple offers and sold…
Standing Tall: Liam Murphy is now a partner with Hayes Commercial Group
A Westmont College alumnus and full-time commercial broker for nine years, Liam Murphy has become a partner with Hayes Commercial Group in Santa Barbara. He joined the firm in 2011. Murphy has a wealth…
TrackR is growing and going (back) to Goleta
Homecoming After starting TrackR in a Goleta garage eight years ago, founders Chris Herbert and Christian Smith are returning to the Good Land, this time to a nearly 39,000 sf officebuilding with about 100 of their closest…
Hayes Commercial brokers sale of Allergan building in Goleta
The 105,257 SF office/R&D building at 71 S Los Carneros Rd in Goleta has been purchased by a local investment team. Francois DeJohn and Steve Hayes of Hayes Commercial Group represented the seller in the transaction,…
Remodeled Coast Village Plaza welcomes Juice Ranch to tenant mix
MONTECITO, CA – As Montecito’s Coast Village Plaza nears completion on its extensive makeover, another tenant has joined its dynamic mix. Juice Ranch, a local juice shop with locations in…
Santa Barbara’s iconic Granada Tower purchased by local investor
SANTA BARBARA, CA – The commercial portions of the Granada Tower at 1216 State St, downtown Santa Barbara’s most visible landmark and site of the historic Granada Theatre, were recently…
Bluewater Grill Coming to Santa Barbara
Bluewater Grill press release: Santa Barbara, California (Nov. 15, 2016) Bluewater Grill will bring a blend of locally caught sustainable seafood, monthly chef’s tastings and neighborhood wine and happy hours…
Renovations underway at Montecito’s Coast Village Plaza
MONTECITO, CA – After nearly two years of preparation and permitting, extensive renovations just broke ground at the 20,000 square-foot retail and office center at 1187 Coast Village Road in…
Procore expands HQ campus on Carpinteria bluffs
CARPINTERIA, CA – Since it began relocating its headquarters to the Carpinteria bluffs three years ago, Procore Technologies has seen both its business and footprint grow dramatically. Since August of 2013, the…
Hayes Commercial brokers assume new roles on board of CALM
SANTA BARBARA – Two brokers with Hayes Commercial Group have been contributing their talents and personal time to CALM (Child Abuse Listening Mediation), a non-profit organization providing child abuse prevention and treatment programs…
Cafe del Sol building purchased by Magic Castle founder
SANTA BARBARA – The restaurant property at 30 Los Patos Way, currently the Montecito Event Center and previously known as Café del Sol, has been purchased by the founder of the famous…
Restaurant/bar space at Montecito Inn available for lease
The landmark Montecito Inn at the east end of Coast Village Road is seeking a new tenant for its 2,513 square-foot restaurant & bar. The space, located at 1295 Coast…
The Mill is fully leased with artisanal tenants
Santa Barbara’s newest adaptive reuse project is now home to eight tenants. Liam Murphy and Greg Bartholomew of Hayes Commercial Group represented the owners, Darrell and Kirsten Becker of Becker…
Make Myself at Home: Iconic Granada Tower
I have a slight fear of heights. My kids might argue that it’s more than just a slight fear. They’ve seen me panic in years past when they got too…
Q4 leases fill CKE campus in Carpinteria
CARPINTERIA, CA – Two fourth quarter leases at 6307 Carpinteria Ave have left the 119,695 square-foot office campus, also home to CKE Restaurants (Carl’s Jr.), fully leased. The nine-acre oceanfront…
Paseo Nuevo Space leased to San Francisco retailer
SANTA BARBARA- The space recently occupied by So Good Jewelry has just leased to a company that will open a footwear store. This prime retail storefront next to the Paseo…
Former Natural Café property sold to owner-user
GOLETA- A prominent restaurant building in Old Town Goleta, known for being the home of The Natural Café, has sold to a new owner. The same family had owned 5892…
Five Office tenants fill remodeled 801 Garden St
SANTA BARBARA- The Spanish-style building located at 801 Garden St has now been fully leased to a mix of office tenants. Greg Bartholomew and Steve Hayes of Hayes Commercial Group…
Amazon Store Opens in Isla Vista offering same-day pickup
ISLA VISTA- Amazon recently opened a physical store at 6533 Trigo Rd in Isla Vista. This addition to the student-dense community is a pick-up and return center where students and…
For Release Iconic Linden Ave restaurant building sold, now for lease
CARPINTERIA – Home to one of Carpinteria’s beloved family restaurants, 699 Linden Ave has been purchased by a local investor. Tony’s restaurant closed for business after the family decided to…
LA investor makes record purchase in Carpinteria
CARPINTERIA – The highest value commercial sale ever recorded in Carpinteria just closed at 6303-6309 Carpinteria Ave. Montana Avenue Capital Partners, LLC (“MAC”) – a Santa Monica investment, management, and…
Arts & Letters Café building in Santa Barbara sold after 20 years
SANTA BARBARA – The building that has been home to the Arts & Letters Café and Sullivan Goss Art Gallery for 20 years was purchased by a local investor/entrepreneur. The…
Seek Thermal, Inc moves, expands in Goleta
GOLETA- Seek Thermal, Inc. leased 10,200 square feet at 111 Castilian Drive in Goleta, California to expand its business. Specializing in the consumer market for thermal imaging, Seek Thermal is…
Christos Celmayster and Kristopher Roth are now partners with Hayes Commercial Group
Christos Celmayster and Kristopher Roth, two of the Santa Barbara area’s most prolific commercial real estate brokers, are now partners with Hayes Commercial Group. Both were existing associates with the…
Downtown Carpinteria property sold to local investors
A pair of local investors have purchased 764 & 784 Maple St, located on the corner of Maple and 8th Streets in downtown Carpinteria. The property consists of two houses…
Goleta industrial building sold to local investors
Once home to Raytheon, the industrial/R&D building at 5756 Thornwood Dr in Goleta has been purchased by a local investor for $2,815,000. The 20,800 SF building was originally developed as…
Montecito’s Coast Village Plaza sold
A landmark retail and office property in the heart of Montecito’s lower village has changed ownership in an off-market deal and will remain locally owned by Montecito residents. Known as…
Landmark Summerland building
Summerland, CA – One of the most recognizable buildings on Summerland’s commercial corridor has been purchased by a local investor in an off-market transaction. The sale price of more than…
Developer buys 80-acre site in Orcutt
Orcutt, CA – Local investment group Bradley Ventures, LLC recently acquired an 80-acre site in northern Santa Barbara County called Key Site 30. Better known as Bradley Village, this project…
Granada Tower fully leased after Peritus deal
By Staff Report. Pacific Coast Business Times. Santa Barbara-based Peritus Asset Management recently signed a long-term lease for the entire fourth floor of the Granada Tower, making the building fully…
Peritus Asset Management takes 4th floor of the Granada Tower
Pacific Coast Business Times. Santa Barbara – The entire fourth floor of the Granada Tower – a 3,528 sf Class A office space – has been leased by Peritus Asset…
Landmark “Raytheon” building sold in off-market transaction
GOLETA, CA – Once owned by Raytheon, the 102,066 square foot office building at 1 S. Los Carneros Rd in Goleta has been purchased by an unnamed owner-user in an…
Samy’s Camera relocates to State Street location
SANTA BARBARA – A popular and longtime retail fixture in downtown Santa Barbara, Samy’s Camera will relocate to a high-profile location on State Street in July. After ten years on…
Trophy Goleta office building sold to local investor
Goleta, CA – An unnamed local investor has purchased 6550 Hollister Ave, one of the elite office properties in the Santa Barbara area. The 39,875 square foot building is located…
Hayes Commericial Group completes largest commercial sale of 2013
Goleta, CA – In the highest priced commercial sale of 2013 for southern Santa Barbara County, an owner-user purchased three office buildings, 7414, 7416 and 7418 Hollister Ave, in Goleta….
State Street retail transaction sets high mark for 2013
Santa Barbara, CA – The building that is home to Blush restaurant, a prominent downtown eatery and bar, traded hands on the final day of 2013, setting the high mark…
Sanford opens tasting room in downtown Santa Barbara
Sanford Winery has opened a new tasting room in La Arcada at 1114 State Street in Santa Barbara. Sanford chose the arts and entertainment district of upper downtown, with the…
PathPoint to move programs to downtown Santa Barbara
Santa Barbara, CA —- PathPoint, a local nonprofit organization, is combining and moving its South Santa Barbara County programs downtown to 902 Laguna Street in early 2013. Founded in 1964,…
Kristopher Roth picked for 40 under 40
Hayes Commercial Group broker Kristopher Roth was selected to the “40 under 40” feature for 2013 in the Pacific Coast Business Times. The prestigious group includes professionals from Santa Barbara,…
Trampolines Unimted to open flagship “Jump Club” and HQ in Santa Barbara
Santa Barbara-based Trampolines Unlimited Inc. has manufactured a wide variety of custom trampolines, vaulting boards and foam pits for gymnastics clubs, private homes and the entertainment industry since 1975. In…
Midyear Retail Outlook
In the first half of 2013, local home values began increasing and showing solid appreciation over 2012. This trend, combined with lower levels of household debt, should fuel the “wealth…
Liam Murphy named Katherine Harvey Fellow
The Santa Barbara Foundation has announced its selections for the 2013-2014 Katherine Harvey Fellows, an 18-month leadership development program. The program’s 15 participants are young professionals, ages 25 to 45,…
Griplock Systems finds new headquarters in Carpinteria
CARPINTERIA, CA – Griplock Systems, a global leader in cable suspension products, has leased 11,259 SF of space at 1132 Mark Ave in Carpinteria for its new headquarters. The company…
Optimism reigns at ICSC’s RECon in Las Vegas
LAS VEGAS — Optimism reigns at RECon 2013 as retailers, developers, lenders and brokers converge on Las Vegas for the retail real estate industry’s biggest annual global event. With consumer…
Hertz to open new location to serve Santa Barbara
SANTA BARBARA, CA – Hertz Corporation, one of the world’s largest equipment rental businesses and the world’s largest airport general use car rental brand, recently leased retail space for a…
Santa Barbara welcomes new office concept with “Workzones”
SANTA BARBARA – Want to work downtown? Join the club. Paseo Nuevo is now home to Santa Barbara’s first co-working club. The central location is the ideal venue for workzones,…
Local investor buys “Venoco Building” on Carpinteria bluffs
CARPINTERIA, CA – One of the elite office properties in Southern California, the 50,955 square-foot building on the bluffs at 6267 Carpinteria Ave., was just purchased by local investor Victor…
Rincon Technology buys Santa Barbara building
The “owner-user” trend from 2012 has continued into this year, with many South Coast businesses buying properties for their own use. One notable example was the recent purchase of the…
Paul Dargan gives his namesake pub a permanent home
Dargan’s Pub & Restaurant has been a beloved fixture of downtown Santa Barbara for more than 15 years. Recently the pub’s owner, Paul Dargan, ensured that his business will have…
Yoga studio opening on the Mesa
The completely redeveloped multi-use building on the prominent corner of Cliff Drive and Meigs Road welcomes a new yoga studio to its second level. Mesa Hot Yoga will be opening…
Award winning chef brings a slice of Naples to State Street
SANTA BARBARA – Sure, everyone loves pizza. But for Chef Glenn Cybulski, pizza is a passion that drives his professional life and has led him to more than 100 culinary…
Bank of Manhattan expands to downtown Santa Barbara
Santa Barbara welcomes Bank of Manhattan to the city’s financial district in the heart of downtown. The bank’s mortgage division will now occupy 2,455 sf at 1004 Santa Barbara St,…
Paul Bradford joins Hayes Commercial Group
An experienced business person with strong roots in the Santa Barbara community, Paul Bradford has joined Hayes Commercial Group as a Broker Associate. Paul has a broad range of experience…
HCG Year- End Review
Hayes Commercial Group has released its Year-end Review of South Coast commercial real estate. To receive an advance copy of future quarterly reports, use subscribe feature at the bottom of…
State Street retail building purchased by local business
If you have gold jewelry collecting dust or some leftover euros from a trip abroad, Paul Brombal can help. His family-owned business of 30 years, currently located at a storefront…
32-Unit Mesa apartment property sold
2012 has been marked by an increase in sales of 20+ unit apartments on the South Coast. There have been 6 such properties sold so far this year, compared to…
City of Santa Barbara to auction land on Milpas Street
The City of Santa Barbara will sell the property located at 20 S. Milpas Street in a sealed bid auction on July 19, 2012. The 10,890 square foot parcel, which…
Hayes Commercial brokers report from ICSC’s RECon in Las Vegas
LAS VEGAS — With consumer confidence and spending both on the rise, commercial brokers that focus on retail property are hopeful that the long post-recession hangover is finally lifting from…
The Blue Owl opens daytime eatery in downtown Santa Barbara
Not only did entrepreneur/chef Cindy Black realize that downtown Santa Barbara needed a place for late-night and post-clubbing grubbing, she met the need in style with gourmet creations at an…
Jewelry by Gauthier to bring unique creations to Santa Barbara
Over the past 20 years, Scott Gauthier has become one of the most renowned and recognized high-end jewelry designers in the country. Soon his award-winning work will be on display…
Green mixed-use project at UCSB nears completion
This fall, UCSB students will have the opportunity to live in a brand new, luxury building designed by world-renowned architects. More importantly, it’s a block from campus and has an…
MultiProbe buys 18,673 sf prperty in Santa Barbara
MultiProbe has purchased the buildings that house its headquarters at 819 Reddick St and 425 N. Milpas St in Santa Barbara. The company had been leasing the buildings and made…
Hayes Commercial earns spot on the list of top brokerages
Hayes Commercial Group has been named one of Southern California’s top brokerage houses by Real Estate Forum magazine. Hayes Commercial was one of 15 honorees and the only Santa Barbara-based…
Twenty four 7 moving leases 20,400 sf in Goleta
Specializing in moving and storing valuable furniture, art, antiques and classic automobiles, Twenty Four 7 Moving Specialists Inc. has grown into a thriving business purely on word of mouth. The…
Nova Sensors leases 12,719 sf building in Buellton
Solvang-based camera electronics company, Nova Sensors, is relocating its headquarters to 760 McMurray Rd in Buellton, California. The company leased a 12,719 sf building, which offers a mixture of professional…
Price, Postel & Parma renews lesase downtown
Venerable Santa Barbara law firm will remain in Freitas Building California’s oldest law firm, Price, Postel & Parma LLP, just renewed its lease for 15 years in the four-story Freitas…
Santa Barbara accounting firm makes a move downtown
As one of the oldest full-service public accounting firms on California’s Central Coast, McGowan Guntermann has witnessed the transformation of downtown Santa Barbara over the decades. Later this summer, the…
Investors buy 70,000 sf office building in Goleta
In the South Coast’s largest commercial sale of 2011, an investment group has acquired 301 Mentor Drive, a 70,282 sf office building in Goleta. The two-story building, which was listed…
29,000 sf leased at Castilian Tech Center
Two South Coast companies have leased a significant portion of the available space at the Castilian Tech Center, an office and research park near the intersection of Hollister Avenue and…
Boulder entrepreneur gives State Street some fasion “Savvy”
Savvy on State is the newest fashion retailer to enter the State Street scene in Santa Barbara. Owner Erica Dahl brings this fresh and exciting concept from Boulder, Colorado where…
Hayes Report: ICSC’s RECon 2011
This week the International Council of Shopping Centers (ICSC) hosted the world’s largest real estate trade show in Las Vegas, and according to Hayes Commercial Group both the activity and…
RightScale doubles size of headquarters in Santa Barbara
Santa Barbara-based cloud computing company RightScale has just leased new corporate headquarters at 402 E. Gutierrez St., a 26,336 sf space that is nearly twice the size of the company’s…
Local Entrepreneurs bring “Legacy” to Montecito
Entrepreneurs Nancy and William Kimsey have opened a new shop at 1137 Coast Village Road, next to Lilly and Peregrine Gallery. Previously, the 845 square foot space was home to…
Yardi Systems continues expansion in Goleta
One of the South Coast’s most successful companies, Yardi Systems, continues to grow into the buildings surrounding its headquarters in Goleta. The software company just completed a lease for 15,563…
Liam Murphy joins Hayes Commercial Group
Commercial broker Liam Murphy is now the newest associate with Hayes Commercial Group. Liam has held his real estate license since 2004 and has focused on real estate full-time since…
Carpinteria chocolate shop expanding to Santa Barbara
Santa Barbara chocolate lovers will soon have a new place to get their fix as the proprietors of Chocolats du Calibressan have leased an 830 sf storefront downtown. The space,…
Allied Waste expands headquarters in Santa Barbara
Allied Waste Services, a solid waste and recycling company, has leased 14,140 sf of industrial space at 734 & 740 Cacique Street in Santa Barbara. The space is adjacent to…
Santa Barbara Asset Management moves to State Street
Santa Barbara Asset Management is moving its headquarters from 200 E. Carrillo Street to a more central location at 820 State Street, on the fifth floor of the historic El…
Local non-profit buys historic Victorian
A Santa Barbara Victorian building that was repurposed for offices in the 1980s has been purchased by an undisclosed non-profit organization. The 2,419 SF building on a 7,000 SF lot…
TMC Communications moving to Goleta
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…
Maps.com picks University Business Center
Online map retailer Maps.com has elected to remain in its Goleta headquarters, a 10,225 sf space at 120 Cremona Drive in University Business Center. The company renewed its lease there…
Montecito cupcake shop to open in Santa Barbara
Building on the success of the Whodidily Cupcake shop at 1150 Coast Village Road, owners Wendy and Dave Jones will soon bring their fantastic array of cupcakes to the heart…
Pacific Wealth Strategies moves to La Torre Building
Santa Barbara-based wealth management firm Pacific Wealth Strategies Group has moved its offices from 3 W. Carrillo Street to the La Torre Building located at 104 W. Anapamu Street in…
Hayes Commercial Group moving downtown
After seven years on upper State Street, Hayes Commercial Group has outgrown its current space and is moving to larger offices downtown. The new location is 222 E. Carrillo Street…
Closed Deal: Plum Goods brings eco-friendly products to State Street downtown
Plum Goods, a Santa Barbara based store for eco-friendly products and gifts, has just leased a storefront on the coveted 900 block of State Street. Proprietor Amy Cooper will open…
Christos Celmayster named to 40 Under 40 class for 2010
Each year the Pacific Coast Business Times selects forty outstanding professionals from Santa Barbara, San Luis Obispo and Ventura Counties and honors them with the 40 Under 40 award. Cited…
Closed Deal: Tracy Porter to open retail store on State Street
A nationally renowned designer will soon be opening a new retail store in downtown Santa Barbara. Tracy Porter designs and sells women’s clothing, home décor, furnishings and jewelry. The 2,047…
Closed Deal: lynda.com buys 6410 Cindy Lane
AUGUST 31, 2010 – CARPINTERIA, CA. When online software training company lynda.com began moving its headquarters from Ventura to Carpinteria last year, few would have predicted the positive impact the…
Closed Deal: 330 State Street leased for new restaurant
After starting three successful Santa Barbara restaurants, Tom and Adam White are preparing to launch a fourth in the spring of 2011. The Whites, who own and operate Santa Barbara…
Closed Deal: US Bank Leases S.B. Location
U.S. Bank, the fifth largest commercial bank in the nation, has just leased 5,708 SF at 936 State Street for a new branch location. This is the largest retail lease…
Closed Deal: Nasif Hicks Harris & Co. moves to the La Torre Building
One of Santa Barbara’s most prominent accounting firms has found a new location downtown. Nasif Hicks Harris & Co., a firm which has served over a thousand local businesses since…
Closed Deal: 515 State Street Sold to Local Investor
In another indication of renewed interest in downtown retail property, 515 State Street has been purchased by an unnamed local investor. The property was listed for $2,850,000, received multiple offers,…
Closed Deal: Santa Barbara Business Center Fully Leased
The largest office complex in Santa Barbara is now 100% leased. Hayes Commercial Group represented the Santa Barbara Business Center in its lease of more than 6,000 square feet of…
Closed Deal: Hayes Commercial completes largest lease of 2010
Inogen, Inc. signed the largest commercial lease on the South Coast in 2010, renewing their 38,851 SF space at 326 Bollay Drive in Goleta. Inogen produces respiratory devices for home…