December 9, 2022
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Malls go shopping for a better future with residences, recreation, redevelopment

By   /  Friday, December 17th, 2021  /  Central Coast, East Ventura County, Latest news, Real Estate, South Coast, Subscriber content, Top Stories, Top Story, Tri-County Economy, West Ventura County  /  Comments Off on Malls go shopping for a better future with residences, recreation, redevelopment

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New owners have plans to transform Nordstrom building in downtown Santa Barbara

By   /  Thursday, November 4th, 2021  /  Latest news, Real Estate, South Coast, Top Stories, Top Story, Tri-County Economy  /  Comments Off on New owners have plans to transform Nordstrom building in downtown Santa Barbara

Three out-of-area firms have acquired the now-vacant building formerly occupied by Nordstrom in downtown Santa Barbara, the companies announced Nov. 4. Shopoff Realty Investments and Praelium Commercial Real Estate, both based in Orange County, bought the property in partnership with an affiliate of New York City-based Dune Real Estate Partners. Shopoff Realty Investments representatives declined Read More →

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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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JCPenney in Paso Robles to close

By   /  Friday, June 5th, 2020  /  Central Coast, Latest news, Real Estate  /  Comments Off on JCPenney in Paso Robles to close

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Hair: Leasing activity slows to crawl due to COVID-19 pandemic

By   /  Friday, May 22nd, 2020  /  Columns, Latest news, Real Estate  /  Comments Off on Hair: Leasing activity slows to crawl due to COVID-19 pandemic

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Nordstrom will not reopen store in Santa Barbara’s Paseo Nuevo

By   /  Friday, May 15th, 2020  /  Latest news, Small Business, South Coast  /  Comments Off on Nordstrom will not reopen store in Santa Barbara’s Paseo Nuevo

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Dubroff: Radical changes necessary to recover from pandemic

By   /  Friday, May 15th, 2020  /  Columns, Higher Education, Latest news, Restaurants, Small Business, Tourism, Tri-County Economy  /  Comments Off on Dubroff: Radical changes necessary to recover from pandemic

Henry Dubroff

With no sign of a quick return to health for retail and tourism, universities going virtual and signs of reshoring for manufacturers, some of the contours for a post-pandemic economy are beginning to emerge. The numbers are striking — even before the full impact of Nordstrom and others closing stores takes effect. Before the pandemic, Read More →