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2021 Q4 Retail Leasing Update
January 9, 2022 -
Independent: Santa Barbara Public Market Sold to Local Buyers for over $10 Million
January 7, 2022 -
2021 Q4 Industrial Leasing Update
January 7, 2022 -
PacBiz Times: Santa Barbara Public Market sold to local buyer
January 6, 2022 -
2021 Q4 Report
January 1, 2022 -
Foodbank of Santa Barbara County buys 77,900 SF warehouse/office property in Goleta
October 6, 2021 -
2021 Q3 Report
October 1, 2021 -
The Santa Barbara Update
August 27, 2021 -
PacBiz Times: Nordstrom building conversion could lead to glut of Santa Barbara office space
August 6, 2021 -
2021 Q2 Commercial Sales Update
July 15, 2021 -
2021 Q2 Office Leasing Update
July 12, 2021 -
2021 Q2 Retail Leasing Update
July 9, 2021 -
2021 Q2 Industrial Leasing Update
July 6, 2021 -
2021 Q2 Report
July 1, 2021 -
The Post-Pandemic State of Santa Barbara Office Space
June 24, 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 -
2021 Q1 Report
April 1, 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 -
Commercial market summary by Francois DeJohn (video)
February 19, 2021
January 9, 2022
2021 Q4 Retail Leasing Update
In many ways it was a year of economic recovery for the local retail sector. Taxable retail sales on the South Coast rebounded to 2019 levels, according to midyear reporting…
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 7, 2022
2021 Q4 Industrial Leasing Update
Goleta’s industrial market established new highs for gross absorption (260,000 sf) and consideration ($18.8 million) in 2021, including nine leases larger than 10,000 sf. Four transactions totaling 47,000 sf at 30 S La…
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…
January 1, 2022
2021 Q4 Report
Quarterly review and forecast covering leasing and sales of commercial real estate – including office, industrial, and retail – for the South Coast of Santa Barbara County.
October 6, 2021
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…
October 1, 2021
2021 Q3 Report
Quarterly review and forecast covering leasing and sales of commercial real estate – including office, industrial, and retail – for the South Coast of Santa Barbara County.
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,…
July 15, 2021
2021 Q2 Commercial Sales Update
Following a lull in the first quarter, commercial sales transactions accelerated somewhat in Q2, while dollar volume got a boost from a few high-value investment sales. Overall, the market is…
July 12, 2021
2021 Q2 Office Leasing Update
The “future of the office” has been a hot topic as experts speculate what impact remote work has on how—and how much—office space will be used going forward. Now that…
July 9, 2021
2021 Q2 Retail Leasing Update
Overall, the South Coast retail market has proved surprisingly resilient during the pandemic. Transactions at midyear are just 3% below the pre-COVID 5-year average. The number of available spaces has…
July 6, 2021
2021 Q2 Industrial Leasing Update
National surveys report that industrial has been the commercial property type least impacted by the pandemic, and this has proved true on the South Coast as well. Whereas the local…
July 1, 2021
2021 Q2 Report
Quarterly review and forecast covering leasing and sales of commercial real estate – including office, industrial, and retail – for the South Coast of Santa Barbara County.
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…
May 6, 2021
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…
May 5, 2021
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…
April 1, 2021
2021 Q1 Report
Quarterly review and forecast covering leasing and sales of commercial real estate – including office, industrial, and retail – for the South Coast of Santa Barbara County.
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…
February 19, 2021
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.