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PacBiz Times: Procore to sublease blufftop building in Carpinteria
August 24, 2022 -
PacBiz Times: Yardi family buys landmark Santa Barbara Riviera property
July 28, 2022 -
Noozhawk: SB Council Votes to Hire $780,000 Consultant to Come Up with Plan for State Street
July 27, 2022 -
PacBiz Times: Raytheon’s hiring spree takes flight with 200 new Goleta jobs
June 24, 2022 -
Noozhawk: Santa Barbara Council Discusses Commercial Vacancy Tax
May 29, 2022 -
PacBiz Times: New arrival on Santa Barbara tech scene starts biz-tech group
March 28, 2022 -
PacBiz Times: Goleta industrial park sells in one of area’s biggest recent deals
March 26, 2022 -
Noozhawk: Longboards, Harbor Restaurants in Santa Barbara Have New Owners
March 8, 2022 -
Coast Village Association Moves Forward with CBID Plans
February 23, 2022 -
PacBiz Times: Lower State Street becoming a billionaire’s row for hotel owners
February 13, 2022 -
PacBiz Times: Banks closed thousands of branches in 2021 and tri-county banks were no exception
February 12, 2022 -
Independent: Santa Barbara’s Commercial Real Estate Is Red Hot
February 11, 2022 -
Independent: Santa Barbara Public Market Sold to Local Buyers for over $10 Million
January 7, 2022 -
PacBiz Times: Santa Barbara Public Market sold to local buyer
January 6, 2022 -
The Santa Barbara Update
August 27, 2021 -
PacBiz Times: Nordstrom building conversion could lead to glut of Santa Barbara office space
August 6, 2021 -
The Post-Pandemic State of Santa Barbara Office Space
June 24, 2021 -
Former Macy’s Building Being Converted to Offices in Downtown Santa Barbara
March 16, 2021 -
Noozhawk: SB Council Allows Coast Village Assoc. Assessment District to Move Forward
March 4, 2021 -
PacBiz Times: Real estate experts forecast a 2021 comeback in some sectors, but not all
December 31, 2020 -
News-Press: Majestic Asset Management purchases building
October 13, 2020
August 24, 2022
PacBiz Times: Procore to sublease blufftop building in Carpinteria
Procore is subleasing one of the buildings at its campus overlooking the ocean in Carpinteria, according to a listing with Hayes Commercial Group. The 50,000-square-foot building, located at 6267 Carpinteria…
July 28, 2022
PacBiz Times: Yardi family buys landmark Santa Barbara Riviera property
One of the crown jewels of Santa Barbara commercial real estate has changed ownership from one prominent South Coast family to another. Riviera Park, which housed the original buildings of…
July 27, 2022
Noozhawk: SB Council Votes to Hire $780,000 Consultant to Come Up with Plan for State Street
A $780,000 consultant from Seattle will try to come up with a plan to fix Santa Barbara’s State Street. The City Council voted unanimously, 7-0, to hire MIG Inc., but…
June 24, 2022
PacBiz Times: Raytheon’s hiring spree takes flight with 200 new Goleta jobs
Raytheon Technologies is greatly expanding its presence in Southern California, including filling 200 new jobs in at its Goleta operation. In total, Raytheon will be adding 1,000 jobs the Southern…
May 29, 2022
Noozhawk: Santa Barbara Council Discusses Commercial Vacancy Tax
Santa Barbara is leaning toward a possible commercial vacancy tax on property owners who neglect their buildings. It was one of the several proposals and ideas that came out of the…
March 28, 2022
PacBiz Times: New arrival on Santa Barbara tech scene starts biz-tech group
Peter Sullivan and his wife had dreamt of moving to Santa Barbara for a decade. Last year, that dream became a reality, when Sullivan and wife — along with his…
March 26, 2022
PacBiz Times: Goleta industrial park sells in one of area’s biggest recent deals
An Agoura Hills-based real estate investment company purchased a six-building industrial/research and development campus in Goleta in an off-market transaction for $50.7 million. In a news release, Hayes Commercial Group…
March 8, 2022
Noozhawk: Longboards, Harbor Restaurants in Santa Barbara Have New Owners
The Harbor Restaurant and Longboard’s Grill on Stearns Wharf were sold to an entity known as Santa Barbara Harbor Restaurant Inc., for an undisclosed amount.
February 23, 2022
Coast Village Association Moves Forward with CBID Plans
Earlier this month, 94 property owners on Coast Village Road received a formal petition for the proposed Coast Village Community Benefit Improvement District (CBID), an idea brought forth by the…
February 13, 2022
PacBiz Times: Lower State Street becoming a billionaire’s row for hotel owners
Two high-profile Santa Barbara hotels were acquired by billionaires in 2021, according to Hayes Commercial Group’s recently released South Coast market report. Diane Hendricks purchased the 75-room Hotel Santa Barbara…
February 12, 2022
PacBiz Times: Banks closed thousands of branches in 2021 and tri-county banks were no exception
Cari Shore, a senior vice president and director of community banking at Montecito Bank & Trust, started working in the banking industry 30 years ago. Since then, she said, there…
February 11, 2022
Independent: Santa Barbara’s Commercial Real Estate Is Red Hot
If there was any doubt that commercial real estate sales have not yet recovered from the pandemic recession, a recent report released by Santa Barbara’s Hayes Commercial Group certainly proves…
January 7, 2022
Independent: Santa Barbara Public Market Sold to Local Buyers for over $10 Million
The city’s premier open-space food hall — Santa Barbara Public Market, nestled at the edge of downtown on the corner of Chapala and Victoria streets — was recently sold to…
January 6, 2022
PacBiz Times: Santa Barbara Public Market sold to local buyer
With goals of bringing new energy and some new investments, two local families have purchased the Santa Barbara Public Market and an adjacent space in downtown Santa Barbara. The market…
August 27, 2021
The Santa Barbara Update
Caitlin Hensel’s summary of Santa Barbara’s recent CRE activity:
• A wine-drenched game of musical chairs
• Owner-user takeover
August 6, 2021
PacBiz Times: Nordstrom building conversion could lead to glut of Santa Barbara office space
The Nordstrom building in downtown Santa Barbara is in the final steps before it sells, and the new owner is looking to turn the upper floors into new office space,…
June 24, 2021
The Post-Pandemic State of Santa Barbara Office Space
For a while there, and for obvious reasons, Santa Barbara’s office-space market was ice cold. Companies had no idea how or when the pandemic would end, so they deferred on…
March 16, 2021
Former Macy’s Building Being Converted to Offices in Downtown Santa Barbara
The former Macy’s building in downtown Santa Barbara will be transformed into office space, the Hayes Commercial Group announced Monday. Located at 701 State St., the 132,500-square-foot building in the Paseo Nuevo shopping mall will…
March 4, 2021
Noozhawk: SB Council Allows Coast Village Assoc. Assessment District to Move Forward
Coast Village Road is cruising. The Santa Barbara City Council voted 7-0 on Tuesday to approve an ordinance that will allow the Coast Village Association the opportunity to form a…
December 31, 2020
PacBiz Times: Real estate experts forecast a 2021 comeback in some sectors, but not all
The Pacific Coast Business Times asked several local real estate brokers how they see the commercial markets in San Luis Obispo, Santa Barbara and Ventura counties developing in the coming…
October 13, 2020
News-Press: Majestic Asset Management purchases building
Majestic Asset Management purchased a 175,211 square-foot office campus in Goleta last week. Located at 7414-7418 Hollister Ave., the three-building, 14.6-acre campus has primarily been occupied by software companies over…