Vandenberg apartments sell in Lompoc area’s largest deal in 3 years
A 122-unit apartment complex near Vandenberg Air Force Base in Lompoc has been sold after listing for $14 million. The sale of the Vandenberg Garden Apartments marks the largest sale of multifamily property in north Santa Barbara County since La Vista in Santa Maria changed hands in 2011 for $42 million, according to Radius Read More →
Whole Foods buys New Frontiers in SLO for first Central Coast store
Grocery giant Whole Foods Market has purchased the New Frontiers Natural Marketplace in San Luis Obispo, setting the stage for its first Central Coast store. Austin-based Whole Foods announced on March 31 that it has purchased the New Frontiers stores in San Luis Obispo and in Flagstaff, Prescott and Sedona, Ariz. Terms of the Read More →
Region presses ‘play’ on $60M film production industry
Film and television production reels in an estimated $60 million for the region each year, and the industry’s impact on the Tri-Counties is likely to rise as tourism groups in each of the three counties ramp up their outreach to Hollywood.
Santa Barbara firms team up to buy Avila Beach hotel project
The project, which has not yet started to wind its way through what will likely be a lengthy entitlement process, is the second investment by Somera Management and Postcard Properties in south SLO County.
Startup Paso Robles wine brand Chronic Cellars purchased
Novato-based Winery Exchange has purchased Chronic Cellars out of Paso Robles, a young winery known for its red-wine blends and counter-culture branding. Terms of the deal were not disclosed. Chronic Cellars is best known for red blends such as its zinfandel-based Purple Paradise and its syrah-based Sofa King Bueno, Winery Exchange said in a Read More →
DenMat buys Bay Area firm
In its second acquisition this year, Lompoc-based DenMat has bought G.Hartzell & Son, a dental instruments company in the Bay Area.
Building on a green foundation: SLO interiors firm expands down the coast
Green Goods is expanding from its San Luis Obispo base into Santa Barbara and Ventura counties.
