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VENTURA COUNTY NEWS
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Goleta R&D Complex Signs Two Leases for Over 28k sf

12/08/11

Nassau Land Company LP recently closed two leases totaling more than 28k sf at its Castilian Technical Center, a multi-tenant R&D center located in the heart of Goleta’s business district. The latest signings at the complex, which is managed by The Towbes Group, were with AppFolio and Control Point.

Castilian Technical Center contains multiple buildings and can accommodate tenants ranging in size from 5k sf up to 86k sf. The property is adjacent to Tecolote Creek and offers a variety of amenities, prominent building signage, and easy access to Hwy 101 and the Santa Barbara Airport. Other tenants include FLIR, Cisco, Neovia Insurance, World Minerals and CIO Solutions.

AppFolio, providers of web-based property management software, will occupy 14.5k sf at 50 Castilian Dr after relocating from smaller space in a nearby building in Goleta. AppFolio was looking to find a space to meet their immediate expansion requirements and allow the option to continue growing in the future, said Francois DeJohn of Hayes Commercial Group who, along with Steve Hayes, represented both the landlord and the tenant in the transaction.

Control Point, a full service engineering firm specializing in the development of mission critical systems used in combat, automotive, robotics, avionics and aerospace, has relocated its headquarters from downtown Santa Barbara to 110 Castilian Dr after agreeing to a lease for 14.2k sf of space.

Francois DeJohn, Steve Hayes and Greg Bartholomew of Hayes Commercial Group represented the Nassau Land Company. Francois DeJohn and Steve Hayes also represented Control Point in the transaction.

Recently, The Towbes Group partnered with Southern California Edison to replace existing lighting with energy efficient fixtures throughout the Castilian Technical Center.





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