Santa Barbara
Southern California Construction Loses 13,800 Jobs as Every Major Metro Contracts
Los Angeles-Long Beach-Anaheim shed 6,200 construction jobs while the Inland Empire dropped 2,900 and San Diego gave back 1,500, signaling a region-wide pullback...
Berkeley Square Capital Partners Brings to Market 93-Unit Solis Isla Vista Portfolio in Supply-Starved UCSB Student Housing Submarket
An assemblage of seven properties steps from the University of California, Santa Barbara, the offering represents rare scale in one of the nation’s...
Santa Barbara Office Vacancy Drops to 9.5% as Net Absorption Rebounds in Q1 2026
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...
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...
