The Santa Barbara developer pushing to build one of the biggest retail projects on the Central Coast faces a lawsuit from its lender alleging that it has defaulted on $6.2 million in debt. The Rottman Group submitted a joint application with Walmart in 2006 to build a retail complex on the north side of Atascadero Read More →
By Marlize van Romburgh / Friday, October 28th, 2011 / Columns, Real Estate / Comments Off on Cloud over leasing begins to lift as technology firms add staff
A handful of technology-related deals in recent weeks hint that a more definitive rebound may be just around the corner.
Nordman Cormany Hair & Compton is not moving out of the sleek, six-story glass building next to Highway 101 it has called home for years. The Oxnard law firm said Oct. 25 that it has renegotiated its lease at 1000 Town Center Drive. Earlier this year, as eight of its attorneys said they would leave Read More →
By Marlize van Romburgh / Friday, October 21st, 2011 / Columns, Real Estate / Comments Off on State budget crunch could delay $152M Santa Barbara courthouse
At issue is how 41 courthouse projects planned around California will be funded after the state Legislature cut $310 million from the judicial branch’s budget this year.
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One of the largest downtown Santa Barbara vacancies will be filled next month, when outdoor gear retailer Recreational Equipment, Inc. opens its 24,500 square-foot store.
By Marlize van Romburgh / Friday, October 7th, 2011 / Columns, Real Estate / Comments Off on South Coast sales activity slows to crawl after early 2011 boom
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