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radiuscommercial21 hours ago
Big hospitality sale in West Beach! The Franciscan Inn & Suites @thefranciscanhotel — a 53-key boutique hotel in Santa Barbara’s coveted West Beach neighborhood — has officially sold. • Pocket listing, originally offered at $24.5M • Sold to a well-established Santa Maria-based hotel group that also owns another West Beach property • ~$2.4M in recent capital improvements by prior ownership The Golis Team @golisteam — Steve Golis @stevegolis , Jack Gilbert, and Aneta Jensen @anetajensenrealestate of Radius Commercial Real Estate — spearheaded the transaction, co-listed with Austin Herlihy and team at Colliers Santa Barbara @colliers_sb . Off-market hospitality transactions require trusted relationships, discretion, and precision execution. Proud of the collaboration that brought this one across the finish line. #SantaBarbara #HotelInvestment #HospitalityRealEstate #CRE #OffMarket
radiuscommercial4 weeks ago
A packed room. Big insights. 🔥 @pgamb805 Paul Gamberdella delivered a deep dive into Santa Barbara’s commercial real estate market — past, present, and what’s coming next. Vacancy rates, leasing & sales trends, hot locations, adaptive reuse projects, and bold predictions for the year ahead — all at the @sbrealtors Santa Barbara Association of Realtors Market Update. With @homesinsb Calcagno & Hamilton Group, @alievansrealty Ali Evans Realty, and @jonathanstandring of @beachsidepartners Beachside Partners. 📍 Cabrillo Pavilion
radiuscommercial1 month ago
South Coast #cre market shows selective, disciplined and top-weighted sales performance. @radiuscommercial releases Q4 2025 year-end market report. For insights, analysis and forecasts, CLICK LINK IN BIO TO DOWNLOAD THE REPORT. #santabarbara #commercialrealestate #credata

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23

2025 Q4 South Coast
Commercial Sales

$76.3M

2025 Q4 South Coast
Commercial Sales Volume

15.66%

2025 Q4 Downtown State Street
Vacancy Rate of Available Storefronts