The Pintard Group announced that it will be opening a full-service property management division in Santa Barbara.
“Throughout my career in commercial real estate, I have been asked many times to also manage client properties,” said CEO Dave Pintard in a news release.
The company has more than 40 years of experience in leasing, investments, syndication and ground-up development in Santa Barbara County.
Pintard also reported that two rare industrial spaces near the Santa Barbara downtown on Cota Street have become available.
The industrial units can be rented month to month and the compound features a gated entry and 10 parking spaces, said Pintard.
The first unit is a 900-square-foot office and assembly friendly space that can be used for corporate operations and in-house production.
The second unit is 12,000 square feet and is entirely industrial, complete with a large roll-up door. Each unit is equipped with a private restroom.
The lease rate for both units is $2 per square foot plus fees and taxes.
HARVEST AT LIMONEIRA
The housing development known as Harvest at Limoneira, which will have homes, apartments, schools, parks and trails, has announced that its sales pavilion and model homes will be open and available for viewing by the first quarter of 2019, according to a news release from Limoneira.
Grading for the 3 million gallon lower tank site is almost complete as are the improvements to Padre Lane, which include a sewer and water line.
The installation of trees and bushes around the perimeter, major progress towards the first grading milestone, and the complete haul off of all orchard grindings are expected to be completed this week.
OXNARD BUILDING SOLD
A two-story building in an unincorporated area of Oxnard has been sold by Craig Lieberman of Apartment Investment Specialists for $1.9 million to an unnamed buyer.
The building is about 100 feet from the beach and was built in 1976. There are four large two-bedroom, two-bathroom units that are each 1,046 square feet and one larger, 1,300-square-foot, two-bedroom-plus-den unit that faces the beach.
Residents of Valentine Court Apartments are finally able to return home for the holiday season after the completion of a major renovation started by Peoples’ Self-Help Housing over the summer.
The 35-unit complex underwent several upgrades, including energy efficiency updates, new paint, appliance installations and an expansion of the community building. The building has a laundry facility, a lounge, a recreation room and a common kitchen.
“We have really been looking forward to unveiling the improved and renovated Valentine Court complex to our residents and neighbors,” said John Fowler, president and CEO of Peoples’ Self-Help Housing, in a news release. “The upgrades not only improve the property aesthetically and functionally, but will also provide residents more opportunities to socialize and build stronger bonds within their community.”
Valentine Court was originally constructed in 1990 and was funded by a Community Development Block Grant through the city of Santa Maria.
— Send submissions for the commercial real estate column to Robert Shutt at [email protected]pacbiztimes.com.