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Nordstrom building in downtown Santa Barbara nearing sale; buyer plans offices on upper floors

By   /  Monday, August 2nd, 2021  /  Latest news, Real Estate, South Coast, Tri-County Economy  /  Comments Off on Nordstrom building in downtown Santa Barbara nearing sale; buyer plans offices on upper floors

The Nordstrom building in downtown Santa Barbara is nearing a sale, and the new owner is looking to turn the upper floors into office space, according to a report released by Hayes Commercial Group on July 30. The building is at the northern end of Paseo Nuevo. Most of the outdoor mall is owned by Read More →

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AppFolio building in Goleta sold

By   /  Tuesday, January 12th, 2021  /  Real Estate, South Coast, Technology, Tri-County Economy  /  Comments Off on AppFolio building in Goleta sold

The three-building complex in Goleta that holds the AppFolio headquarters was sold, the commercial real estate firm CBRE announced Jan. 12. The 165,905-square-foot campus at 50-90 Castilian Drive was sold to Shopoff Realty Investments and Praelium Commercial Real Estate for an undisclosed amount, CBRE said. CBRE’s Sean Sullivan, Mike Longo, Todd Tydlaska and Will Pike Read More →

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Investor buys AppFolio campus in Goleta for $35.7 million

By   /  Thursday, January 30th, 2020  /  Latest news, Real Estate  /  Comments Off on Investor buys AppFolio campus in Goleta for $35.7 million

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Office sales rally but retail, industrial properties struggle

By   /  Friday, November 8th, 2019  /  Central Coast, Columns, Latest news, Real Estate, South Coast  /  Comments Off on Office sales rally but retail, industrial properties struggle

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Tough to blame the economy for State Street woes, economist says

By   /  Thursday, September 6th, 2018  /  Latest news  /  Comments Off on Tough to blame the economy for State Street woes, economist says

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Saks Off 5th will not renew Santa Barbara building lease

By   /  Friday, October 13th, 2017  /  Latest news, Real Estate  /  Comments Off on Saks Off 5th will not renew Santa Barbara building lease

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Bank mergers leaving downtown spaces vacant

By   /  Friday, June 2nd, 2017  /  Banking Industry, Columns, Latest news, Real Estate, Small Business  /  Comments Off on Bank mergers leaving downtown spaces vacant

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