Upper State Street office building sells for $10 million
The building anchored by Citibank at 3757 State St. in Santa Barbara has been sold for just shy of $10 million, marking the largest sale of an office property on upper State Street since 2005, according to brokers behind the deal. The buyer and seller were not disclosed. The 20,000-square-foot building, which retains a long-term Read More →
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The boulevard is back: Thousand Oaks retail corridor sees new life
In the three years since Thousand Oaks approved a development plan for Thousand Oaks Boulevard, a bustling downtown district has taken shape along what was once a drive-by stretch of aging strip malls.
Read More →Developers buy land from city for Thousand Oaks industrial complex
Martin Teitelbaum and Hugh Cassar have launched a joint venture called Conejo Merchant to develop an industrial and commercial condominium complex at the site.
Read More →Funk Zone the new ‘700 Club’ as CRE investors pay premiums
Four properties in the area fetched a whopping $700 per square foot when they recently changed hands.
Read More →New Tahitian Apartments in IV sells for $14M
The New Tahitian Apartments, a 63-unit building in Isla Vista, has been sold to an investor in the region for $14.3 million. The deal is the largest sale of a multi-family property on the South Coast so far this year, according to a news release from Santa Barbara-based Radius Commercial Real Estate & Investments, which Read More →
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