In the Zone: Investors cash out on redevelopment projects
Three recent commercial property sales totaling $20 million cap several years of investment and a burst of development in Santa Barbara’s Funk Zone area.
Read More →Nichols duo opens third Brothers restaurant in the valley
Matt and Jeff Nichols have opened their new wine country restaurant, Brothers at the Red Barn, following a year renovating a historic property in Santa Ynez.
Read More →CKE Restaurants sold to Atlanta private equity firm
CKE Restaurants, the Carpinteria-based parent of Carls Jr. and Hardees, has been sold to an Atlanta private equity firm specializing in restaurant chains.
The price was not disclosed and the sale to an affiliate of Roark Capital Group comes five months after Apollo Global Management hired Goldman Sachs to explore a sale or spinoff of the company it purchased in 2010.
Read More →The scoop on the new McConnell’s ice cream shop on State St.
When McConnell’s Fine Ice Creams changed hands two years ago, its new owners wanted to turn the longtime Santa Barbara brand into a national household name.
Read More →Downtown Santa Barbara foodie market readies for fall debut
Construction is “moving right along” at the indoor food market and neighboring condominiums.
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