HG Data signs up for space in Funk Zone
HG Data, a business intelligence firm, recently signed a 3.5-year lease for 9,000 square feet in a former dance studio at 1 N. Calle Cesar Chavez on Santa Barbara’s east side. The deal is yet another sign that young and growing tech companies favor Santa Barbara over cheaper, more easily-equipped spaces in Goleta or Read More →
Investor snaps up Sonos R&D facility in largest deal in 7 years
A 47,000-square-foot property in Santa Barbara that music equipment maker Sonos leases for its world research and development headquarters has been sold for a reported $17.2 million after being listed for $21.5 million.
Funk Zone the new ‘700 Club’ as CRE investors pay premiums
Four properties in the area fetched a whopping $700 per square foot when they recently changed hands.
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.
Santa Barbara tourist hostel sells as developers eye lower State St.
“We were drawn [to the property] by the proximity to the Amtrak station and lower State Street, but really the hostel is in its own class for budget-savvy kinds of travelers and international students,” said Jared Filippone, a vice president with Capitoline Properties, which recently purchased the hostel.
VG Life Sciences sets up shop in Santa Barbara’s Funk Zone district
Santa Barbara’s Funk Zone is being intensively developed to include a little of everything. In a short walk, you can find wine, beer, arts, great food, surf shops — and now, a life sciences company headquarters.
