San Luis Obispo holds its own in commercial real estate market
While San Luis Obispo was busy weighing the pros and cons of a possible Target or an Ernie Dalidio development, Lee & Associates released its commercial real estate update, which showed that vacancy is actually down 33 percent from a year ago. The commercial vacancy rate for San Luis Obispo County is relatively small at Read More →
Read More →South Coast needs a path for recovery
Up until the crash in the global financial markets last September, it looked like the South Coast region of the Tri-Counties would escape the recession largely unscathed. That turns out not to have been the case. And now the stretch of coast from Carpinteria to Goleta is in danger of losing its status as Read More →
Read More →Region loses reputation as safe haven for jobs
The Tri-Counties have historically faired well in bad times, but the latest unemployment figures released by the U.S. Labor Department show that California’s budget woes and the nationwide recession may have finally begun to catch up to the region. While the highest unemployment rate in the Tri-Counties is in Ventura County, Santa Barbara and San Read More →
Read More →Tuning in profits
The raucous public debate over health care reform has given shares of Camarillo-based Salem Communications a healthy 375 percent boost. Salem owns a nationwide network of Christian and conservative talk radio stations. Opponents of health care reform have spent millions to get their message out to just such an audience, and investors seem to think Salem Read More →
Read More →Riding it out
Tri-county surf shops have taken quite a beating during the past year’s storm of changing retail trends, poor surfing conditions and a down economy. Now they’re looking for new ways to ride it out. Doug Yartz, owner and manager of Goleta-based surf shop Surf Country, could only sum up his store’s sales performance in one Read More →
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