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The second quarter of 2017 came to a close with 18 sales, considerably short of the first quarter’s strong haul of 31 transactions which was the strongest first quarter we have seen in the last 18 years. This brings the first half of the year to 49 total deals. That said, the first half of the year was only 4 transactions shy of tying 2014 for the most prolific first half we have ever recorded…
Leasing Summary: Large Allergan building sublease shrinks Goleta’s industrial vacancy rate
…Goleta (as expected) experienced a major drop in industrial vacancy, plummeting from 3.8% in Q1 to a low of 0.9% in Q2, matching Santa Barbara’s vacancy rate. With this drop we saw a positive absorption of 28.6% over last quarter. The drop in vacancy is largely attributable to the 105,257 SF sublease at 71 S. Los Carneros Rd. by the biotech firm Apeel Technology, Inc…
Recent News
Radius Partners with Leading CRE Marketing Firm to Launch Reimagined Website
Santa Barbara commercial brokerage Radius Commercial Real Estate recently announced the launch of its completely re-imagined and re-tooled website www.radiusgroup.com. Partnering …
Pacific Coast Business Times: Radius lands top sale; CBRE earns No. 1 lease
In what turned out to be the largest brokered sale in the Tri-Counties for 2018, the $76 million sale of the …
Radius Insight: Q4 2018 Market Report
Sales numbers down. Market sees some adjustments, remains steady. As we predicted in our reporting during the year, the total number of …