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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
California Commercial Real Estate News Roundup 2019
We put together a list of transactions, lease highlights, and development projects around California's commercial real estate market. The list also …
Pacific Coast Business Times: Demand Decreases Goleta Office Vacancies
Commercial brokers in Santa Barbara County are putting money in the bank, Ventura County brokers are waiting for some big deals …
Pacific Coast Business Times: Simi Valley’s Farmers complex to be redeveloped with housing
The massive Farmers Insurance Office Complex in Simi Valley, which has been vacant since 2013, will become a mixed-use development called …