SLO Spencer’s to close, be replaced by Grocery Outlet
Spencer’s Fresh Markets in the Laguna Village Shopping Center in San Luis Obispo is closing at the end of January and will be replaced by two new stores, according to the business and mall management.
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In the Zone: Investors cash out on redevelopment projects
Three recent commercial property sales totaling $20 million cap several years of investment and a burst of development in Santa Barbara’s Funk Zone area.
Read More →Camarillo retail center’s new owners plot big improvements
The buyer of the Camarillo Plaza shopping center was a joint venture between Peter Cohen of Cardinal Equities LLC and a Beverly Hills-based family partnership.
Read More →Investors happy to pay retail for prime shopping properties
There were no Black Friday markdowns on prime retail buildings in the Tri-Counties. In recent weeks, two high-profile retail properties have changed hands in deals totaling more than $31 million.
Read More →HomeGoods signs $3.4M lease in SLO
Retail chain HomeGoods has signed a 10-year lease valued at $3.4 million at the Irish Hills Plaza in San Luis Obispo. It will replace OfficeMax in the 20,059-square-foot space.
Read More →Marshalls building on State Street sells for $14.3M
The Marshalls-occupied building at 900 State St. in downtown Santa Barbara has been sold for $14.3 million in an all-cash off-market deal, marking a 43 percent premium over the last time the property changed hands.
Read More →Target store in Westlake Village takes aim at mid-2014 opening
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