2026 Commercial Real Estate Market Report
The numbers behind the Central Coast market.
Published quarterly, the Radius Commercial Real Estate Market Report delivers original market insights, transaction trends, and expert analysis to help clients understand changing market conditions.
- $361M 2026 Q1 South Coast Commercial Sales Volume (Record)
- 3.2% 2026 Q1 Retail Vacancy Rate, Santa Barbara
- 9.24% 2026 Q1 Downtown State Street Perceived Vacancy Rate
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Businesses, investors, institutions, and property owners across California's Central Coast.
Services
Yes, we can handle that.
Leasing
No two spaces, no two tenants are alike. Landlords have unique needs too. Radius brokers are passionate about matching the right people with the right property. Because a good lease is more than the sum of square feet or triple-nets. It’s a cornerstone for your success.
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Commercial Sales
Perhaps it’s a shiny new asset to bolster your portfolio. Maybe it’s running your business in a building you own. Whatever you aspire to, you need brokers with skill, resources and a proven record to carefully guide you in the successful sale or purchase of your commercial property.
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Multifamily
Low vacancy, attractive rents… just two reasons many favor Multifamily property on the Central Coast. Radius remains the go-to choice in this competitive space, from unearthing off-market gems for eager investors, to helping sellers cash in at the right time for the greatest reward.
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Radius Ranch, Vine & Ag
Agricultural property is distinctly different from other real estate, requiring a keen understanding of how to value current and potential use. Positioning a sale takes preparation, patience. With rolled sleeves, our Radius specialists in the field will map your clearest path to success.
Learn MoreFeatured Listings
900 Airport Rd
Airport/ Transportation CenterLight IndustrialSpecial Purpose
In the News
FAQ
The Central Coast market, answered.
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What does Radius Commercial Real Estate do?
Radius Commercial Real Estate helps clients buy, sell, and lease commercial property across California’s Central Coast. The team works across property types, including office, retail, flex, industrial, multifamily, and agricultural real estate, representing property owners, investors, tenants, and buyers throughout each stage of a transaction. Whether a client is searching for space, evaluating an investment, or preparing to sell, Radius provides local market knowledge and hands-on guidance to help move the process forward.
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What areas does Radius serve?
Radius focuses on California’s Central Coast, serving Santa Barbara, Ventura, and San Luis Obispo counties. The firm maintains offices in both Santa Barbara and Ventura, giving brokers direct, on-the-ground knowledge of local submarkets as well as a broad regional view. Our clients can count on Radius agents for a deep understanding of local market fundamentals and current conditions throughout the Central Coast.
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Does Radius represent landlords, tenants, buyers, and sellers?
Yes. Radius represents landlords, tenants, buyers, and sellers, adapting its approach based on which side of a transaction a client is on. For property owners, that often means marketing available space, screening prospective tenants, or positioning a property for sale. For tenants and buyers, it means identifying suitable properties, negotiating terms, and helping evaluate whether a location or investment fits a client’s needs.
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How long has Radius been in business?
Radius has operated in Santa Barbara since 2002, giving the firm more than two decades of experience in Central Coast commercial real estate. Many of our agents have been active in the local market even longer, having built their careers here well before Radius was founded. That length of time in the region matters for clients, since it means brokers have worked through multiple market cycles and built long-term relationships with property owners, tenants, and other professionals across Santa Barbara, Ventura, and San Luis Obispo counties.
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How do I search current listings?
Current Radius listings for lease and for sale are searchable directly on the Radius website. Clients can filter
by property type, size, and location to narrow results down to spaces that fit specific needs, whether that’s
office, retail, industrial, multifamily, or agricultural property. New listings are coming to market weekly, so it’s
a good idea to bookmark our search page to stay informed on the most current sale and lease opportunities.
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