California Commercial Real Estate News
Pacific Coast Business Times: SB Volkswagen to close
The Santa Barbara Volkswagen dealership at 630 Chapala St. plans to close, according to Gene Deering of Radius Commercial Real Estate. While …
Santa Barbara News-Press: Chamber honors top local business leaders
The Santa Barbara Region Chamber of Commerce awarded two businesses, one nonprofit organization, and a businesswoman and businessman who were particularly …
Pacific Coast Business Times: Macy’s closings in Tri-Counties sign of shopping shift
Macy’s will close two underperforming tri-county stores in Santa Barbara and Simi Valley, signaling a continued shift in shopping habits and …
Pacific Coast Business Times: Tri-county commercial real estate activity likely to grow in 2017
The prospect of looming interest rate hikes will likely spur more activity in the tri-county commercial real estate market, CRE experts …
Santa Barbara News-Press: Macy’s to close Paseo Nuevo store; 67 other locations also to be shut down
In a massive structural change, Macy's announced plans Wednesday to close 68 stores early this year, including its store in downtown …
KEYT: Historic changes coming to Santa Barbara amidst uncertain economic future
Local economic leaders have been watching both sweeping development projects and personal finances in the South Coast area for months as …
Noozhawk: Santa Barbara’s State Street Sees Uptick in Vacancies Amid Changing Retail and Consumer Landscape
In addition to the lights, decorations and holiday spirit, locals doing their holiday shopping along Santa Barbara’s State Street may have …
Pacific Coast Business Times: Tri-Counties trying to boost trade with China
Many tri-county companies are looking to up their investment in China, which could bolster the more than $3 billion in trade …
Pacific Coast Business Times: Rabobank exiting downtown for new spot on upper State
Rabobank will move its downtown Santa Barbara office at the corner of Carrillo and Anacapa streets to the former Citibank location …
Pacific Coast Business Times: Lowe’s Landed
Lowe’s Home Improvement recently signed a 20-year lease for its first Santa Maria location at the Enos Ranch project at Highway …
Pacific Coast Business Times: Oxnard apartment complex sells for $30.7 million
A 168-unit multifamily development in Oxnard was purchased for $30.7 million. Los Angeles-based real estate investment firm JRK Property Holdings acquired the …