Sandpiper Capital Partners is testing the depth of its investor network as it gets ready to close its first pooled real estate investment fund at the end of July.
With highly coveted square footage virtually unavailable on State Street in downtown Santa Barbara, many companies trying to stay in the market are gobbling up space on the nearby Chapala Street corridor.
CKE Restaurants, the parent company of fast-food chains Carl’s Jr. and Hardee’s, is again downsizing the footprint at its Carpinteria headquarters and moving some employees to its Anaheim offices. CKE’s lease at the building at 6307 Carpinteria Ave. expires in March 2015 and the company is currently negotiating for an extension of a smaller space, Read More →
The building anchored by Citibank at 3757 State St. in Santa Barbara has been sold for just shy of $10 million, marking the largest sale of an office property on upper State Street since 2005, according to brokers behind the deal. The buyer and seller were not disclosed. The 20,000-square-foot building, which retains a long-term Read More →
In the three years since Thousand Oaks approved a development plan for Thousand Oaks Boulevard, a bustling downtown district has taken shape along what was once a drive-by stretch of aging strip malls.
Martin Teitelbaum and Hugh Cassar have launched a joint venture called Conejo Merchant to develop an industrial and commercial condominium complex at the site.
Four properties in the area fetched a whopping $700 per square foot when they recently changed hands.