Carrillo Plaza flipped to investor for $12.2M
By Elijah Brumback / Monday, January 26th, 2015 / Latest news, Real Estate, South Coast, Top Stories / Comments Off on Carrillo Plaza flipped to investor for $12.2M

Carrillo Plaza is located at 210 W. Carrillo Blvd. and was sold by Carrillo Holdings, a Santa Barbara-based real estate company. It has shed six Santa Barbara properties over the last 18 months.
Tesla Motors takes charge on South Coast
By Marissa Wenzke / Friday, January 23rd, 2015 / Latest news, Real Estate, Top Stories / Comments Off on Tesla Motors takes charge on South Coast

The store will feature interactive touchscreens, design centers and other tools for buying and customizing made-to-order vehicles directly from the Palo Alto-based manufacturer.
Pacifica Hotels makes bet on future of East Beach property
By Elijah Brumback / Friday, January 23rd, 2015 / Latest news, Real Estate, Top Stories, Tourism / Comments Off on Pacifica Hotels makes bet on future of East Beach property
The proposal includes demolishing an existing 12,000-square-foot building to construct a 55,000-square-foot, 45-foot tall hotel at 926 Indio Muerto St.
Jordano’s makes $10.6M real estate buy
By Elijah Brumback / Friday, January 23rd, 2015 / Latest news, Real Estate, Top Stories / Comments Off on Jordano’s makes $10.6M real estate buy

On the drawing board is a new 102,000-square-foot regional distribution center on the property.
Miramar green-lighted, but Caruso not happy with restrictions
By Staff Report / Thursday, January 22nd, 2015 / Latest news, Real Estate, South Coast, Top Stories, Tourism / Comments Off on Miramar green-lighted, but Caruso not happy with restrictions
At a Jan. 21 Montecito Planning Commission meeting that lasted well into the evening, developer Rick Caruso was ultimately given the OK for his redesigned Miramar project. However, the commission attached a few conditions to the approval, which didn’t sit well with the founder of one of the largest privately held real estate companies in Read More →
Santa Barbara’s shortage of housing takes center stage
By Elijah Brumback / Friday, January 16th, 2015 / Columns, Latest news, Real Estate, Top Stories / Comments Off on Santa Barbara’s shortage of housing takes center stage
According to the National Association of Home Builders, Santa Barbara County is the one of the least affordable housing markets in the nation.
Jordano’s closes $10.6M land deal, plans new facility
By Elijah Brumback / Thursday, January 15th, 2015 / Central Coast, Latest news, Real Estate, Restaurants, Top Stories / 1 Comment

Pacific Beverage plans to break ground on the facility in 2016. When complete, the entire division will move to the Cabrillo Business Park from its current Santa Barbara locations.