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Home Commercial Santa Barbara Office Vacancy Drops to 9.5% as Net Absorption Rebounds in Q1 2026
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Santa Barbara Office Vacancy Drops to 9.5% as Net Absorption Rebounds in Q1 2026

May 15, 20263 Mins read539
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Colliers reports that the 5.75-million-square-foot market absorbed nearly 38,000 square feet during the quarter, nearly reversing the prior quarter's losses, while sublease availability fell to a four-year low The Santa Barbara office market regained its footing in the first quarter of 2026, posting 37,655 square feet of positive net absorption after a difficult fourth quarter […]

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