Editorial: Don't squeeze the customers
On the list of problems that might plague a commercial business district, a fight over parking might be one of the best. After all, if the idea of charging or imposing new restrictions gets any traction, it’s because the area is attracting too many customers for all of them to park conveniently. But even if Read More →
Editorial: How the South Coast can get its own Target
Someday, there will actually be a Target store on the South Coast. It’s just too bad it won’t occur in time to help either tax-poor cities or the growing numbers of job seekers in the worst economic times since the Great Depression. In case you missed a flurry of news over the July 18 weekend, Read More →
Muscle car supplier could have region
In what may be the largest lease deal in the Tri-Counties to date this year, Dynacorn International leased 98,952 square feet of industrial space at 4030 Via Pescador in Camarillo. The seven-year lease is valued at more than $3.8 million, according to NAI Capital’s Ventura County office, which represented the lessee. Dynacorn, a wholesaler of Read More →
Big deals on State Street
Santa Barbara’s State Street signed its largest downtown retail lease on July 23, with U.S. Bank snagging 5,708 square feet for a new location. The deal comes the same day that 700 State St., the former home of Left at Albuquerque, sold for an undisclosed amount. The U.S. Bank lease at 936 State St. is Read More →
Sale of State St. building second-largest this year
Santa Barbara’s State Street saw its second largest retail sale this year as the former home of Left at Albuquerque was sold. Although the terms of the sale were not disclosed, the 5,753-square-foot building at 700 State St. was listed for $4.1 million. Broker Michael Chenoweth of Radius Group represented the owner and Mike Heisheima Read More →
