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Deal puts Haggen on fast grocery store track

By   /  Friday, January 2nd, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Deal puts Haggen on fast grocery store track

Haggen, a grocery store chain out of the Pacific Northwest, is set to takeover 146 Albertsons and Safeway stores in California, Nevada and Arizona, 20 of which are located in the Tri-Counties.

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High bar set for 2015 in tri-county CRE markets

By   /  Friday, January 2nd, 2015  /  Columns, Latest news, Real Estate, Top Stories  /  Comments Off on High bar set for 2015 in tri-county CRE markets

With the chapter closed on 2014, real estate brokers in the Tri-Counties have some significant benchmarks to compete with in 2015.

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Caffeinated growth: French Press to open in Goleta

By   /  Tuesday, December 23rd, 2014  /  Latest news, Real Estate, Restaurants, Small Business, South Coast, Top Stories  /  Comments Off on Caffeinated growth: French Press to open in Goleta

French Press owners Julia and Todd Mayer opened their first location in downtown Santa Barbara in 2009.

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Albertsons & Safeway to sell 168 stores before merger is approved

By   /  Friday, December 19th, 2014  /  Banking & Finance, Latest news, Real Estate, Restaurants, Top Stories, Tri-County Economy  /  1 Comment

The divestiture of the stores is part of another deal to secure FTC clearance for Albertons to acquire Safeway in a $9.2 billion deal. That transaction, which the companies are calling a merger, was announced in March and is expected to close in January.

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LTC Properties raises $24.5M through sale of shares

By   /  Friday, December 19th, 2014  /  Banking & Finance, Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura County  /  Comments Off on LTC Properties raises $24.5M through sale of shares

According to company filings, LTC will use the proceeds of the sale to pay down outstanding debt on its unsecured credit line, fund acquisitions and current development pipeline and for general corporate purposes.

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The Shopping Center Group makes West Coast retail play

By   /  Friday, December 19th, 2014  /  Columns, Latest news, Real Estate, Top Stories  /  Comments Off on The Shopping Center Group makes West Coast retail play

Atlanta-based retail real estate firm The Shopping Center Group recently opened its first West Coast office in Santa Barbara.

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Kimpton sold to UK hotel group in $430M deal, Miramar delayed

By   /  Tuesday, December 16th, 2014  /  Latest news, Real Estate, South Coast, Top Stories, Tourism  /  Comments Off on Kimpton sold to UK hotel group in $430M deal, Miramar delayed

The deal is touted as a move to accelerate growth of the new company’s brands in the U.S., particularly in Europe and Asia, where demand for boutique brands is on the rise.

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