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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 2021
We put together a list of transactions, lease highlights, and development projects around California's commercial real estate market. The list also …
Noozhawk: Brian Johnson: 20 Years of Realtors Disaster Relief
The Realtors Relief Foundation (RRF) marked its 20th anniversary this week. Within hours of the Sept. 11, 2001 terrorist attacks, the National Association of Realtors began… Read more »
Noozhawk: Brian Johnson: The Evolution of Retail Continues
Retail has been hurting for a number of years but the pandemic really drove home that point. During the initial days of… Read more »