Shopping Center trades hands for $23.3M in Ventura
Sizable retail-based transactions keep popping up along the Highway 101 corridor. The latest of these is the Ventura Village Shopping Center in Ventura, which was recently sold to an undisclosed private company for $23.3 million. The seller was Regency Centers, a publicly-traded real estate investment trust headquartered in Jacksonville, Florida. Ventura Village is an approximate Read More →
Investors happy to pay retail for prime shopping properties
There were no Black Friday markdowns on prime retail buildings in the Tri-Counties. In recent weeks, two high-profile retail properties have changed hands in deals totaling more than $31 million.
The new Black Friday: Small businesses rely on Saturday promotion to boost sales
Small businesses throughout the Tri-Counties will offer their own promotional events and discounts as part of the most recent addition to the holiday shopping calendar, Small Business Saturday.
$17.8M sale positions Camarillo shopping center for turnaround
The bankrupt Camarillo Plaza community shopping center has been sold to an undisclosed Beverly Hills buyer for $17.8 million after receiving 20 separate offers. The 74,072-square-foot mall is located on Daily Drive at the intersection of Brently Avenue, across Highway 101 from the Camarillo Premium Outlets.
Middle-class retailers are being squeezed out of the shopping scene
A pre-holiday walk up and down State Street in Santa Barbara gives a pretty good cross section of what’s happening in retail stores across the nation.
Outlets boost outlook: Camarillo mall to open early for Black Friday
At Camarillo Premium Outlets, Black Friday is becoming Black Thursday as many of the mall’s retailers are slashing their prices earlier.
