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04/23/08

April 23, 2008

Radius Group Commercial Real Estate Leases Downtown Retail Building with Significant Shell Improvements

Santa Barbara, CA – 4/23/08

Radius Group Commercial Real Estate is pleased to announce that El Paso Import Company, a vintage style furniture store, has leased 3,785 square feet at 127 W Canon Perdido, Suite C, in downtown Santa Barbara.  Brad Frohling and Scott Glenn of Radius Group, represented the lessor, additionally Brad Frohling represented the lessee as well in this transaction.

Formerly The Opportunity Shop, 127 W. Canon Perdido, is a 12,310 square foot retail building located one block from Paseo Nuevo and State Street.  The new owners are extensively improving and renovating the building by upgrading the restrooms, parking lot, paint, electrical, store retail entrances, extensive floor work and opening of various walls. The landlord has divided this retail building into three suites of which El Paso Imports will be occupying one third.  For information on the remaining 4,972 and 3,553 square foot suites, please contact Brad Frohling or Scott Glenn at Radius Group.    The longstanding furnishing company, known as El Paso Imports has been in two other locations in Santa Barbara for almost 20 years. This furniture company imports and manufactures unique furnishings from around the world with 18 different locations. For more information about El Paso Imports Company visit www.elpasoimportco.com.

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