Santa Barbara Considers Measure ULA-Like Transfer Tax

Santa Barbara Considers Measure ULA-Like Transfer Tax

Measure ULA is causing headaches for high-end developers and home sellers in Los Angeles, but that pushback isn’t stopping officials in Santa Barbara from pursuing the same options to raise revenue.  The... Read more »
Third-Generation Hotelier Acquires Santa Barbara Boutique Property

Third-Generation Hotelier Acquires Santa Barbara Boutique Property

Colliers arranged the sale of the Franciscan Inn & Suites, a 53-room boutique hotel located in Santa Barbara’s West Beach district. The seller and local developer Ed St. George, who purchased the... Read more »
Developer Nixes Office for Housing in Delayed Santa Ana Tower

Developer Nixes Office for Housing in Delayed Santa Ana Tower

Developer Mike Harrah of Caribou Industries is pivoting to residential for his One Broadway Plaza project in downtown Santa Ana.  Harrah wants to change course on the delayed 37-story mixed-use development in... Read more »
Santa Monica Gateway Secures New Leases Totaling 65K SF

Santa Monica Gateway Secures New Leases Totaling 65K SF

Lincoln Property Company recently completed two new leases totaling 65,378 square feet on behalf of the ownership of Santa Monica Gateway, a two-building Class A office development located at 2834 Colorado Ave. in... Read more »
ASC Expansion Reinforces Aerospace Presence in Santa Clarita Valley

ASC Expansion Reinforces Aerospace Presence in Santa Clarita Valley

Aerospace equipment manufacturer ASC Process Systems has expanded its Santa Clarita Valley presence with a full-building lease for 80,317 square feet at Westcore’s 8144 Witherspoon Pkwy. in Valencia. The lease brings ASC’s... Read more »
EXCLUSIVE: Gene Hackman’s .3 Million Santa Fe Compound Finds a Buyer in Days—Less Than a Year After He and Wife Betsy Died There

EXCLUSIVE: Gene Hackman’s $6.3 Million Santa Fe Compound Finds a Buyer in Days—Less Than a Year After He and Wife Betsy Died There

Hollywood legend Gene Hackman‘s longtime New Mexico home has come under offer, mere days after it was put on the market for $6.25 million—and less than a year after the actor and... Read more »
Clarion Fun Acquires DrinkPAK-Leased Santa Clarita Industrial

Clarion Fun Acquires DrinkPAK-Leased Santa Clarita Industrial

Franklin Templeton and Clarion Partners Real Estate Income Fund Inc. have acquired Pacific Golden Valley, a 172,483-square-foot Class-A industrial building located at 26313 Golden Valley Rd. in Santa Clarita and 100% leased... Read more »
Santa Monica Locals Deride Supportive Housing Plan

Santa Monica Locals Deride Supportive Housing Plan

A pre-Thanksgiving move-in led by Pacific Coast Healthcare at a vacant building on Ocean Avenue in Santa Monica has reignited tensions between Santa Monica officials, affluent neighbors and prominent Los Angeles developer... Read more »
Engel & Volkers Santa Monica Founder Sandra Miller Dead

Engel & Volkers Santa Monica Founder Sandra Miller Dead

Sandra Miller, a long-time industry leader and mentor within Westside real estate and beyond, died over the holidays. A cause of death and Miller’s age at the time of her passing were... Read more »
Does Santa Monica need another Trader Joe’s?

Does Santa Monica need another Trader Joe’s?

Trader Joe’s has purchased a former drugstore in Santa Monica, paving the way for a fourth location in the seaside city for the popular grocer. The retailer paid $22 million this month... Read more »