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Home Commercial Praelium, Blackbird, and H.I.G. Capital Acquire Majestic’s 733,000 SQFT Tech Park @ Goleta Portfolio for Record-Setting $235MM
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Praelium, Blackbird, and H.I.G. Capital Acquire Majestic’s 733,000 SQFT Tech Park @ Goleta Portfolio for Record-Setting $235MM

March 19, 20263 Mins read1.7k
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The five-campus, 17-building recapitalization marks the largest non-hotel commercial transaction ever recorded on Santa Barbara County's South Coast, reinforcing institutional demand for supply-constrained innovation hubs. A consortium led by Praelium Commercial Real Estate, Blackbird Investment Group, and H.I.G. Capital has acquired the Tech Park @ Goleta portfolio through a $235 million recapitalization, according to public […]

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