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Saks OFF 5th extends lease for another year

By   /  Friday, December 15th, 2017  /  Columns, Latest news, Real Estate  /  Comments Off on Saks OFF 5th extends lease for another year

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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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Saks Off 5th in Santa Barbara closing its store by March

By   /  Tuesday, October 10th, 2017  /  Latest news, Real Estate, South Coast  /  Comments Off on Saks Off 5th in Santa Barbara closing its store by March

Clothing retailer Saks Off 5th in Santa Barbara will be closing its store by March of 2018. The store’s decision to not renew its lease will leave about 47,000 square feet of retail space behind at the corner of State and Carrillo streets. With more than 40 retail vacancies on State Street already, brokers are Read More →

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Saks OFF 5th building up for sale for $21 million

By   /  Friday, April 14th, 2017  /  Columns, Latest news, Real Estate  /  Comments Off on Saks OFF 5th building up for sale for $21 million

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Macy’s departure could spur retail rebirth on State Street

By   /  Friday, January 13th, 2017  /  left, Real Estate, South Coast, Tourism, Tri-County Economy  /  Comments Off on Macy’s departure could spur retail rebirth on State Street

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Dubroff: Time has come for Santa Barbara to reinvent retail experience

By   /  Friday, January 13th, 2017  /  Columns, Latest news  /  Comments Off on Dubroff: Time has come for Santa Barbara to reinvent retail experience

Henry Dubroff

The imminent departure of Macy’s from Santa Barbara’s Paseo Nuevo mall has triggered a round of hand wringing about the future of State Street, the region’s crown jewel of retailing. Macy’s closing was not totally unexpected; the chain is in trouble and having two stores on the South Coast made little sense. But it comes Read More →

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