Budding trend: Region’s growers count on locavore movement
The $176 million tri-county cut-flower industry is hoping to woo Valentine’s Day shoppers, who are expected to spend $1.8 billion nationwide this year on blooms for their sweethearts.
Read More →Told Corp. closes three-for-one deal as large tenants expand
Camarillo-based Told Corp., one of the most prolific developers in the Tri-Counties, recently closed a three-way deal that added another industrial property to its portfolio and allowed it to retain two important tenants.
Read More →Resonant’s $13.8M IPO sets stage for push into iPhones
Resonant’s planned initial public offering is small at $13.8 million, but there’s a chance that the Santa Barbara-based company’s development deal with a major supplier to Apple’s iPhone and every other mobile handset-maker could become very large, very quickly.
Read More →Cruise control? Thirty ships slated to call on Santa Barbara in 2014
When 30 cruise ships float into Santa Barbara’s harbor this year, several will have poor-to-failing environmental grades. And all the ships will carry passengers that, on average, spend about a quarter of what day-trippers and overnight tourists do.
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 →Remodels abound as South Coast hotels focus on keeping up appearances
The area has seen a boom in hotel remodels and renovations recently, with upgrades to Hotel Santa Barbara and Fess Parker’s DoubleTree Resort, among others.
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