Santa Barbara
Santa Barbara Retail Vacancy Drops to 7.9% as Community Centers Drive Positive Absorption in Q1
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...
Episcopal Communities Pushes 104-Bed Senior Living Redevelopment at Glendale’s Twelve Oaks Site
Nonprofit operator advances 92,420-SQFT replacement of 12 aging structures on a 4.3-acre La Crescenta parcel, betting on demographic tailwinds reshaping Southern California’s senior...
Santa Barbara Multifamily Occupancy Holds Near 98% as Construction Pipeline Thins
Average effective rents climb 2.4 percent year-over-year to $2,736 per month while only 106 units remain under construction across the market Santa Barbara’s...
Macerich’s 2025 Annual Report Signals a Bifurcated Retail Market as REIT Reshapes West Coast Portfolio
The Santa Monica-based mall operator’s 10-K highlights record leasing, healthy retailer demand and the widening gap between fortress centers and lower-tier malls The...
Santa Barbara Industrial Market Holds at 2.7% Vacancy as Rents Edge Down to $1.49 NNN in Q1
Limited construction activity and mixed absorption trends keep supply tight across Santa Barbara, Goleta, and Carpinteria despite slight softening in rents Along California’s...
Santa Barbara Hospitality Market Posts 63.6% Occupancy, $231.97 ADR in Q1 2026
Leisure-driven demand and limited new supply continue to support pricing growth despite a seasonal dip in occupancy The Santa Barbara hospitality market entered...
Granite Wins $114MM Award for Next Segment of Highway 101 Carpinteria to Santa Barbara Project
WATSONVILLE, Calif.–Granite (NYSE:GVA) announced today that it has been awarded Segment 4E North of the Highway 101 Carpinteria to Santa Barbara Construction Manager/General...
California’s Wine Industry Faces a Reckoning as Oversupply and Shifting Demographics Collide
The state’s largest wine regions report the deepest pessimism in the SVB survey’s history, yet top-quartile producers are charting a path forward through...
Asana Partners Acquires The Post, a 36,855 SQFT Curated Retail Center in Santa Barbara, From Runyon Group for $56MM
Charlotte-based investment firm continues aggressive California retail acquisition strategy with purchase of boutique lifestyle center near Montecito, representing a nearly 3x return for...
Private Santa Barbara Investor Lists 40,700 SQFT Carpinteria Bluffs Office Campus for $11.785MM
The two-building coastal property at 6185 Carpinteria Avenue offers oceanfront office space on 3.58 acres, hitting the market fully vacant amid elevated office...
Warren Resort Hotels Buys 53-Room Franciscan Inn & Suites in Santa Barbara for $22.5MM
Santa Barbara, Calif., February 27, 2026 – Colliers is pleased to announce the sale of the Franciscan Inn & Suites, a 53-room boutique hotel...
Macerich Under Contract to Sell 325,000 SQFT La Cumbre Plaza in Santa Barbara for Approximately $11MM
The pending disposition of the 31-acre outdoor shopping center comes as the City of Santa Barbara advances mixed-use redevelopment plans for the anchor...
