Santa Barbara mixed-use property sells for $56.2 million

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Santa Barbara mixed-use property sells for $56.2 million

By Staff Report / Thursday, January 3rd, 2019 / Comments Off on Santa Barbara mixed-use property sells for $56.2 million

The Marc, an 89-unit multifamily and retail property in Santa Barbara, was recently purchased for $56.2 million by IPA — a division of Marcus & Millichap. (courtesy photo) Los Angeles-based Realty Center Management recently purchased an 89-unit multifamily luxury complex with a retail component in Santa Barbara called, The Marc, for $56.2 million. Institutional Property…

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