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By Staff Report / Tuesday, November 16th, 2010 / Latest news, Real Estate / Comments Off on Borders to close Santa Barbara store
National book retailer Borders is closing its downtown Santa Barbara store amid a nationwide wave of store closings. Jason Roy, the general manager of the 900 State St. location, told the Business Times on Nov. 16 that the store would be closing in January. “It’s sad that this Borders is leaving State Street,” said Roy, Read More →
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By Marlize van Romburgh / Tuesday, November 16th, 2010 / Latest news, Real Estate / Comments Off on Deckers weighing Carpinteria, Goleta, airport properties
As Ugg boot company Deckers Outdoor Corp. strides toward a new South Coast headquarters, sites in Carpinteria, Goleta and at the Santa Barbara Municipal Airport have surfaced as potentially perfect fits.
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By Marlize van Romburgh / Monday, November 15th, 2010 / Columns, Green Coast, Real Estate / Comments Off on Santa Barbara gets a bit greener with new City Ventures project
Santa Barbara is now home to the largest green development of single-family homes in the country. Santa Ana-based developer City Ventures broke ground Nov. 10 on a 48-townhome project in Santa Barbara’s East Beach area. Dubbed the Santa Barbara East Beach Collection, the project is striving for LEED Platinum certification from the U.S. Green Building Read More →
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By Marlize van Romburgh / Monday, November 8th, 2010 / Columns, Real Estate / Comments Off on Entitlements done, Investec finds $10M exit from Carpinteria property
The 12-acre residential portion of Carpinteria’s Lagunitas mixed-use project recently sold for $10 million, a move the seller says frees it up to focus on what it does best. “I am not as enamored with building as I am with entitling and getting things approved,” Ken Slaught, president of Investec Real Estate Companies, told the Read More →
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By Marlize van Romburgh / Monday, November 1st, 2010 / Columns, Real Estate / Comments Off on It’s a slow recovery all over the region in commercial real estate
Commercial real estate firms are also rolling out their third-quarter market reports.
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By Staff Report / Monday, November 1st, 2010 / Real Estate / Comments Off on Investec sells $10M property
Investec Real Estate Companies announced Oct. 27 that it has sold a 12-acre residential property in Carpinteria to a developer who plans to build 73 homes there next year. The property, which is part of the Lagunitas mixed-use development, sold for $10 million, Investec said. Investec will keep the 13-acre office portion of Lagunitas. The Read More →
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By Marlize van Romburgh / Friday, October 29th, 2010 / Real Estate, Top Stories / Comments Off on Hertel partner files $128M bankruptcy
Almost two years after Ventura-based developer R.W. Hertel & Sons was forced into bankruptcy by its creditors, one partner is left holding the bag. Bob Fowler filed one of the largest personal bankruptcies in tri-county history on Sept. 26, listing $127.6 million in debts. Of those liabilities, $105.6 million are personal guarantees Fowler made on Read More →
