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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
January 10, 2020
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….
January 2, 2020
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…
October 16, 2019
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…
October 15, 2019
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…
September 3, 2019
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…
August 29, 2019
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…
August 21, 2019
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…
April 22, 2019
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,…
February 20, 2019
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…
February 19, 2019
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…
February 14, 2019
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)…
January 11, 2019
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…
December 17, 2018
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…
November 5, 2018
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…
February 21, 2018
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…
October 27, 2017
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,…
October 5, 2017
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…
October 4, 2017
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…
September 8, 2017
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…
August 29, 2017
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…
May 22, 2017
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,…