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As many have probably noticed, sleepy Santa Barbara has an unusual amount of development projects either underway or breaking ground soon. We have seen a backlog of moth-balled projects — some of which have been 20+ years in the making — which are now moving forward as a result of an improving economy, available financing and political will.
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Leasing Summary
The South Coast leasing market has enjoyed a stable and healthy pace in 2015 with most average gross lease rates up slightly and vacancy mainly in the single digits.
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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 …