Farmers Insurance Office Complex in Simi Valley sold for $18.5M
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REI building on lower State changes hands for $22M
The center, located on lower State Street along Highway 101, represents the largest sale of retail property in downtown Santa Barbara in 13 years.
SB retail property has new owner in eight-figure deal
The complex on State Street along Highway 101, anchored by REI, was previously purchased in two separate deals for about $13 million between 2005 and 2010.
$33M financing approved for Ventura apartment plan
CBRE Capital Markets’ Debt & Structured Finance team announced Dec. 9 that the firm secured a $33.1 million construction loan for Parklands Apartments, a 173-unit, high-end apartment development in Ventura.
REI gears up to open large downtown SB store next month
One of the largest downtown Santa Barbara vacancies will be filled next month, when outdoor gear retailer Recreational Equipment, Inc. opens its 24,500 square-foot store.