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Home Featured Santa Barbara Retail Vacancy Drops to 7.9% as Community Centers Drive Positive Absorption in Q1
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Santa Barbara Retail Vacancy Drops to 7.9% as Community Centers Drive Positive Absorption in Q1

May 1, 20263 Mins read755
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Net absorption turned positive at 21,716 square feet and average asking rents held near recent highs at $2.96 per square foot, though downtown conditions softened and leasing volume fell sharply Santa Barbara County's retail market posted a modest but meaningful improvement in the first quarter of 2026, as vacancy declined and net absorption swung positive […]

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