|
• New Starbucks in Santa Barbara Fetches Over $1,750/sf
9/30/25
A 2.1k sf, newly constructed, single-tenant corporate Starbucks in Santa Barbara sold for $3.7 mil, or $1,762/sf. The property, located at 402 North Milpas St, was acquired by a San Francisco-based 1031 exchange investor.
Th...
|
• Gerrity Group Pays $45 Mil for 127k sf Retail Center in Thousand Oaks
9/29/25
Gerrity Group LLC has acquired Conejo Valley Plaza, a 127k sf, grocery-anchored shopping center in Thousand Oaks, for $45.5 mil ($358/sf). Anchored by Ralphs and Bank of America and shadow-anchored by Marshalls, HomeGoods, CV...
|
• CBRE Awarded Leasing Assignment for 884k sf Pacific View Retail Center in Ventura
9/22/25
Macerich has awarded CBRE the leasing assignment for Pacific View, an 884k sf retail center in Ventura. Located at 3301 E. Main St, just north of Hwy 126 off Mills Rd, the well-established shopping destination boasts desirabl...
|
• Construction Financing Secured for 104-Unit Santa Maria Multifamily Project
8/18/25
The Vernon Group has obtained $28.54 mil in construction financing for The Lofts, a 104-unit, Class A multifamily development located in downtown Santa Maria. Heritage Walk Lofts is a key component of Phase I in the Santa Mar...
|
• Fresno Multi-Tenant Retail Pad Sells for $613/sf
8/05/25
A private investor from Visalia, CA paid $4.6 mil for a 7.5k sf ($613/sf) Dutch Bros Coffee Drive-Thru-anchored, multi-tenant retail pad in Fresno. The pad is located within River Oak Plaza, a Tractor Supply-anchored shoppin...
|
• Flex Building in the Santa Barbara Area Goes for $371/sf
8/01/25
A 42.6k sf flex building in Goleta, CA traded for $15.8 mil ($371/sf). The single-tenant property was leased in 2024 by Redwire Space Enterprises for a seven-year term, adding to its value as an investment.
The building is ...
|
• Hanes Investment Realty Inc Purchases 89-Unit Res Property in Thousand Oaks for $27.4 Mil
7/08/25
Hanes Investment Realty Inc has purchased Lynn Villa Apartments, an 89-unit, garden-style multifamily property in Thousand Oaks, for $27.4 mil ($307.9k/unit). The asset was sold by Woodland Hills-based Lynn Villas LLC. The ac...
|
• Thousand Oaks Res Project Lands $182 Mil in Financing
6/25/25
The Latigo Group has obtained $182 mil in construction financing and joint venture equity to capitalize the development of Hillcrest Apartments, a 333-unit multifamily development located directly across from Amgen’s headquar...
|
• First Phase of Bakersfield Res Development Lands $61 Mil in Construction Financing
6/18/25
Presidio Capital Partners has obtained a $61 mil construction loan to finance the first phase of Park Center at Seven Oaks, a planned 520-unit multifamily community in Bakersfield. Upon completion, it will be the largest mult...
|
• Ventura County Industrial CRE Market Update – 1st Qtr. 2025
4/21/25
This report provided by real estate services firm Kidder Mathews
Market Highlights
• Direct vacancies increased YOY by 70 bps to 3.9%.
• Direct asking lease rates reached an all-time high to $1.28/sf NNN.
• Annual sales v...
|
• Bakersfield 7-Eleven Trades to New Owner in $4.7 Mil Transaction
4/11/25
A NoCal-based private investor paid $4.7 mil for a 4.8k sf 7-Eleven gas station and convenience store property in downtown Bakersfield. The property, built in 2025, sits on just over an acre at 1629 California Ave, just west ...
|
• FPA Multifamily Spends $18 Mil on Thousand Oaks Apartment Community
3/28/25
FPA Multifamily closed on the purchase of The Hills, a 52-unit multifamily in Thousand Oaks. The property, located at 850 Warwick Ave, was sold by Interstate Equities Corporation in an $18.2 mil ($350k/unit).
The property w...
|
• High Street Residential Acquires Six Acres in Thousand Oaks for Res Development
3/26/25
High Street Residential (HSR), the residential subsidiary of Trammell Crow Company, has purchased six acres of land in the Conejo Valley city of Thousand Oaks with plans for a new multifamily development. KTGY is the project’...
|
• Austin Herlihy, Chris Parker, and Miles Waters Join Colliers
3/12/25
Austin Herlihy, Chris Parker, and Miles Waters have joined Colliers newly established Santa Barbara office. The team specializes in the sales and leasing of office, retail, hotel, industrial, land, and multifamily assets thro...
|
• Paso Robles Build-to-Rent Development Lands $116 Mil Refinancing
2/27/25
Adam Tancredi has obtained a $116.2 mil refi loan for the development of 214 build-for-rent homes located on 17 acres of land at 3138 Linne Road in Paso Robles, CA. The loan refinanced the existing acquisition debt, facilitat...
|
• Ventura County Industrial Market Sees Easing Shortages of Space Along With Rising Vacancies
1/31/25
This report provided by real estate services firm NAI Capital Commercial
MARKET OVERVIEW
In Q4 2024, Ventura County's industrial market saw a 42.6% year-over-year increase in vacant space, driven by reduced demand for war...
|
• SteelWave and SteerPoint Capital Buy 593k sf Retail Center in Simi Valley
10/23/24
San Mateo-based SteelWave and LA -based SteerPoint Capital recently closed on the purchase of Simi Valley Town Center, a 593.8k sf shopping center in Simi Valley. According to industry sources, the deal closed at about $38 mi...
|
• Tejon Ranch Company and Dedeaux Properties to Develop 500k sf Warehouse Facility at Tejon Ranch Commerce Center
10/11/24
Tejon Ranch Company signed a joint venture agreement with Dedeaux Properties to develop and lease an approximately 510.5k sf, state-of-the-art industrial warehouse at the Tejon Ranch Commerce Center (TRCC). Located at the int...
|
• Venture Between Alta West Partners, an affiliate of Glendon Capital Management and A2 Capital Management Buys 276k sf Conejo Valley R&D/Office Property
9/23/24
A partnership between Alta West Partners, an affiliate of Glendon Capital Management and A2 Capital Management has acquired Lakeview Innovation Center, a 276.5k sf, Class A research and development (R&D) and office property o...
|
• Investor Interest Grows as Ventura County Retail Market Adapts to New Opportunities
9/23/24
This report provided by real estate services firm NAI Capital Commercial
Despite rising vacancies and economic challenges, Ventura County's retail sector sees strong investor demand for prime locations, with sale prices up ...
|
Return to the Southern California - Ventura County area
