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Statistically, first quarters tend to produce the fewest sales of the year. However 2016 got off to a solid start with 24 commercial sales during the first three months. To put it into perspective, first quarters over the past 18 years have averaged just 15 sales.
Furthermore, the 24 commercial deals closed during Q1 2016 represents the most prolific first quarter since 2011…
Leasing Summary
As predicted, Santa Barbara’s office vacancy remained flat at 3.6% at the end of the first quarter of 2016, still below the 16-year average of 4.7% vacancy…
Recent News
Noozhawk: Santa Barbara Commission Sides with Institution Ale Over Controversial Neon Sign
Institution Ale co-owner Shaun Smith stands near his Santa Barbara brewery’s controversial neon sign. (Joshua Molina / …
The Independent: Institution Ale Gets to Keep the Neon
Institution Ale's Ryan Smith and son Shaun Smith at the family's new State Street location. Photo: Paul …
Radius Insight: Q2 2019 Market Report
Summary of market insights and analysis from Q2 2019 South Coast commercial sales and leasing activity: Download the complete report here …