May 28, 2024
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CRE: Santa Barbara sales cold; UCLA Health opens State St. location

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UCLA Health's new office located at 111 East Victoria Street in Santa Barbara. (courtesy photo) By Staff Report Since record-high commercial real estate sales volume in Santa Barbara’s South Coast in 2022, the cooling effect of higher interest rates has induced five consecutive quarters of substantially reduced activity. That’s according to the Hayes Commercial Group’s…

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