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By Elijah Brumback / Monday, September 29th, 2014 / Agribusiness, Central Coast, Real Estate, Tri-County Economy / Comments Off on Lineage Logistics unveils new cold-storage facility in Santa Maria
Lineage Logistics, owned and managed by Bay Grove Capital, has officially opened the doors of its new 216,000-square-foot cold storage and food-processing facility in Santa Maria. The company declined to share a dollar figure for the project, which is Leadership in Energy and Environmental Design-certified. The company has not provided a dollar figure associated with Read More →
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By Elijah Brumback / Monday, September 29th, 2014 / Real Estate, South Coast, Tri-County Economy / Comments Off on Upper State Street retail center sells for $3.1M
Ontare Plaza, a small retail center at 3601-3607 State St. in Santa Barbara, has been sold for $3.1 million. Leisure & Carpenter Properties purchased the 4,855-square-foot property in a 1031 exchange, a Lee & Associates spokesperson told the Business Times. Clarice Clark and Stephen Leider of Lee & Associates negotiated the deal for the seller, Read More →
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By Elijah Brumback / Friday, September 26th, 2014 / East Ventura County, Real Estate, Tri-County Economy / Comments Off on T.O. Boulevard revamp hinges on key project
Champions of the Thousand Oaks Boulevard Specific Plan are feverishly optimistic in their expectations for the future of the three-mile-long, mostly commercial corridor. But some remaining constraints are putting all eyes on the fate of one particular project — developer Rick Principe’s 53-unit mixed-use concept at 1850 Thousand Oaks Blvd.
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By Elijah Brumback / Friday, September 26th, 2014 / Central Coast, Real Estate, Tri-County Economy / Comments Off on PB Cos. sets sights on building out SLO’s Marsh Street corridor
PB Companies is not slowing down in its quest to bring new residential and commercial development to San Luis Obispo.
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By Staff Report / Monday, September 22nd, 2014 / Real Estate, South Coast, Top Stories, Tri-County Economy / Comments Off on Schaff buys Goleta offices from Towbes for $26.4M
South Coast real estate investor Victor Schaff has purchased a 120,000-square-foot-property in Goleta for $26.4 million. The property, which includes two 60,000-square-foot office buildings on a 10-acre parcel at 75 Coromar Drive in the Raytheon Business Park, was sold by Santa Barbara-based Towbes Capital Partners, the private-equity real estate affiliate of The Towbes Group. Read More →