Santa Barbara firms team up to buy Avila Beach hotel project
The project, which has not yet started to wind its way through what will likely be a lengthy entitlement process, is the second investment by Somera Management and Postcard Properties in south SLO County.
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Developer’s vision for upscale Shoppes at Westlake takes hold
The 243,500-square-foot Shoppes at Westlake Village center is now 75 percent pre-leased, four months ahead of a ribbon-cutting.
Read More →Editorial: Housing affordability another issue in pension debate
Part of the drive for higher and higher public benefits stems from the fact that housing affordability in our coastal zones is a chronic problem.
Read More →Investor snaps up Sonos R&D facility in largest deal in 7 years
A 47,000-square-foot property in Santa Barbara that music equipment maker Sonos leases for its world research and development headquarters has been sold for a reported $17.2 million after being listed for $21.5 million.
Read More →Developers back out of deal to buy Santa Maria parcels from Limoneira
Two housing developments in Santa Maria are back on the market after a potential buyer backed out of an $8.3 million deal with Limoneira Co.
Read More →Nipomo oil refinery fight bubbles over
A fight over expansion at an oil refinery near Nipomo has taken shape, with the source of new oil and a potential clash between federal and county regulation of railroads emerging as key issues.
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