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April 05, 2013
Workzones opens downtown
New co-working club provides startup atmosphere, flexible digs
By Marlize Van Romburgh, @marlizevr, Pacific Coast Business Times. Part social club, part coffee-shop hangout and part technology incubator, Workzones is a new “co-working” space in downtown Santa Barbara.
 
March 27, 2013
Lobero Theatre board welcomes Steve Hayes
New member brings 30 years of real estate experience
Steve Hayes, a prominent figure in commercial real estate in the Santa Barbara area, has joined the Lobero Theatre board.
 
March 18, 2013
Real estate investor buys $16.5M Venoco HQ in Carpinteria
Hayes Commercial Group represented the seller
Staff Report, Pacific Coast Business Times. A South Coast investor has purchased Venoco’s 50,955-square-foot headquarters building in Carpinteria.
 
January 25, 2013
South Coast update
A summary of commercial real estate for 2012
Marlize Van Romburgh, Managing Editor, Pacific Coast Business Times. The South Coast commercial real estate market broke sales records last year, with the total deal value topping $365 million.
 
December 13, 2012
Santa Barbara Residents Sell Eclectic Products at Super Chic
By Gina Potthoff, Noozhawk Staff Writer | @ginapotthoff. Two Santa Barbara newcomers have opened shop this month at Super Chic by combining their love of design and of the eclectic.
 
December 13, 2012
New Interior Decor Store Brings in Unique Offerings
"Super Chic" has worldwide items
Written by KEYT Staff. A new unique interior decor store has opened in Santa Barbara. "Super Chic" is welcoming customers at 1 West Canon Perdido near State Street. View the KEYT video.
 
December 07, 2012
Steve Hayes celebrates 30 years of CRE dealmaking
Broker crosses $1 billion volume threshold
Marlize Van Romburgh, Managing Editor, Pacific Coast Business Times. Steve Hayes remembers meeting his clients at places around town, rushing back to his office, checking voicemail and then heading back out. It was commercial real estate, in the low-tech days before BlackBerrys and iPads.
 
November 15, 2012
Commercial Real Estate Market Posts Mixed Third Quarter
Sales in Santa Barbara County recover to pre-recession volume, but leasing activity has slowed
By Gina Potthoff, staff writer, Noozhawk.com. [Exerpts from article follow.] Sales in commercial real estate posted increases in Santa Barbara County during the third quarter, while commercial leasing experienced a decline.  
 
July 13, 2012
State Street shopping scene heats up with boom in leases
Santa Barbara retail property update
By Marlize Van Romburgh, Pacific Coast Business Times. [Exerpts from article follow.] There’s a summer retail shuffle happening on Santa Barbara’s State Street. The region’s versions of Rodeo Drive has seen a number of new leases, expansions, and moves this summer, including the lease of one of the largest vacant spots downtown.
 
July 06, 2012
City putting parking lot up for auction
Site of former post office on lower Milpas Street
By Lyz Hoffman, The Independent. The City of Santa Barbara is putting the parking lot of the former Milpas Street post office up for sale in a sealed-bid auction to be held on July 19.
 
May 22, 2012
Owner of Midnight Eatery Blue Owl Opening New Daytime Deli
Cindy Black says she wants to take a fresh approach with the restaurant, opening in June at 5 W. Canon Perdido St
By Alex Kacik, Noozhawk Business Writer | @NoozhawkBiz. Former pastry chef Cindy Black decided to open her Asian-fusion Blue Owl midnight eatery a year and a half ago when she noticed there weren’t many late-night dining options. But she said it took her more than six months to generate consistent business.
 
May 15, 2012
Bed supplier comes to rest on Chapala
Brokers say it's the largest commercial real estate deal in Santa Barbara so far this year
By Steve Sinovic, News-Press Staff Writer. Santa Barbara-based Ergomotion, a fast-growing supplier in the adjustable bed industry, will move the lion's share of its operations from existing spaces in what brokers are calling the largest commercial lease in Santa Barbara so far in 2012.
 
May 14, 2012
No Time to Rest for Adjustable-Bed Supplier Ergomotion
Santa Barbara company is expanding its operations to 203 Chapala St.
By Alex Kacik, Noozhawk Business Writer. While adjustable beds are most often found in hospitals and retirement homes, one Santa Barbara company is trying to demonstrate that the beds aren’t just for the sick and elderly.
 
May 14, 2012
Ergomotion pens year’s largest lease in Santa Barbara
Local adjustable bed company will remain downtown
Staff Report from pacbiztimes.com. Ergomotion, a company that makes adjustable bed bases, has signed the largest commercial lease in Santa Barbara so far this year.
 
April 06, 2012
The Loop in I.V. closes in on final retailer, tenants for summer debut
Mixed-use project will be first of its kind at UCSB
By Marlize Van Romburgh, Pacific Coast Business Times. The Loop, a $12.5 million mixed-use project in downtown Isla Vista, is opening this summer, in time for the new school year.
 
April 06, 2012
Scottsdale jeweler to open store on State Street
Jewelry by Gauthier leases former Paper Star space
By Steve Sinovic, News-Press Staff Writer. With plans to open a store in downtown Santa Barbara, Jewelry by Gauthier is clearly going where many of his potential customers are.
 
April 04, 2012
Student Housing/Retail Project Nearing Completion in Isla Vista
Developers say The LOOP, set to open this summer on Trigo Road, will provide a unique, green living environment near UCSB
By Alex Kacik, Noozhawk Business Writer, @NoozhawkBiz, www.noozhawk.com. Neil Dipaola described Isla Vista’s newest student housing facility as the box seats at a concert.
 
March 27, 2012
Milpas Businesses Hoping New Fresh & Easy Market Will Be Boon for Neighborhood
The grocery-chain store, set to open May 1, has already brought some welcome revitalization for other owners in the area
By Alex Kacik, Noozhawk Business Writer. @NoozhawkBiz As Fresh & Easy Neighborhood Market prepares to open on Milpas Street in Santa Barbara, businesses along the corridor hope the new storefront brings new traffic.
 
March 19, 2012
Small(er) Markets, Big Opportunities
Investors leave core cities in search of higher returns.
by Rich Rosfelder, Commercial Investment Real Estate. Commercial real estate investors are ready for a bit of risk. According to a 2011 Colliers survey, more than half of U.S. investors surveyed are prepared to move out of their comfort zones in search of higher returns. Their adventures will lead them straight to non-core markets.
 
March 11, 2012
SBA Loan Program Boosts Businesses by Building an Ownership Stake
Concept of shared risk finding a receptive partnership between SBA, banks and business owners
By Alex Kacik, Noozhawk Business Writer, Noozhawk.com. Evolutions Medical Spa’s lease at 1309 State St. expires next week.
 
March 09, 2012
MultiProbe purchases local headquarters
Local high-tech company uses SBA financing
Montecito Messenger Staff Report. [Excerpted] MultiProbe, a tech company based in Santa Barbara, purchased 18,673 square feet in two buildings that currently house its headquarters.
 
March 09, 2012
Real Estate Magazine Recognizes Hayes Commercial Group
"Real Estate Forum" names Top Brokerage Houses in Southern California
Montecito Messenger Staff Report. Real Estate Forum magazine recognized Hayes Commercial Group as one of Southern California’s top brokerage houses in its December 2011 issue. Hayes Commercial earned a spot as the only Santa Barbara-based firm among 15 honorees.
 
March 01, 2012
MultiProbe Buys Buildings for Santa Barbara Headquarters
High-tech company purchases 18,673 square feet of space listed for $3.95 million
Alex Kacik, Noozhawk Business Writer, Noozhawk.com. Santa Barbara-based MultiProbe has purchased the buildings that house its headquarters at 819 Reddick St. and 425 N. Milpas St. in Santa Barbara.
 
February 10, 2012
Resizing or Right-Sizing?
Prepare for the smaller (and smarter) corporate office
by Rich Rosfelder, Associate Editor, CIRE Magazine. Corporations around the globe have been holding on to office space in anticipation of a market rebound, but that’s about to change. “A growing number of corporate property owners say they have up to 50 percent excess leased office space,” according to Jim Young, CEO of RealComm, a commercial real estate and technology advisory firm. “Their goal over the next five to seven years is to eliminate that excess space.”
 
January 06, 2012
2012 forecast
CRE insiders look for steady rebound starting in new year
By Marlize van Romburgh, Pacific Coast Business Times. The region's commercial real estate insiders say that with the exception of a few rough spots, they expect a decent comeback in 2012.
 
December 12, 2011
Twenty Four 7 Moving Specialists Leases Warehouse Space on Castilian Drive in Goleta
Business is expanding to accommodate requests for classic and luxury auto storage
Alex Kacik, Noozhawk Business Writer.  Twenty Four 7 Moving Specialists Inc. has leased 20,400 square feet of warehouse space at 26 Castilian Drive in Goleta.
 
November 10, 2011
REI Opens New Santa Barbara Store
Anacapa Street outlet will celebrate its grand opening next weekend with giveaways and contests
Alex Kacik, Noozhawk Business Writer. National outdoor recreation retailer REI held an invitation-only community reception Thursday night as a sneak preview of its new Santa Barbara store, which kicked off its soft opening at 10 a.m. Friday.
 
September 28, 2011
Economist Speaking at Montecito Bank & Trust’s B2B Event Warns of Slow Growth Ahead
Bill Watkins says Santa Barbara's housing sector provides a bright spot, and that the county is poised for a rebound in tourism and manufacturing
Alex Kacik, Noozhawk Business Writer. California can expect more slow growth through next year, but the good news is that Santa Barbara County is well-equipped for a rebound in tourism and manufacturing, according to California Lutheran University economist Bill Watkins.
 
July 07, 2011
For Techtonic Games of Santa Barbara, Video-Game Development Is Serious Fun
Uncle-nephew duo recruit a 'dream team' with plans to release the startup's first game in September
Alex Kacik, Noozhawk Business Writer.  Leif Dahl always had a plan in mind, but his uncle transformed the plan into Dahl’s dream with Techtonic Games.
 
June 24, 2011
70,000-SF Building Sale Ranks Top in Market
Goleta office building sold to East Coast investors
By Bob Howard, GlobeSt.com.  GOLETA, CA-The sale of a 70,282-square-foot office building that was listed for $19.86 million is the largest in this market in the past five years in this week’s roundup of commercial real estate news in the West.
 
June 23, 2011
East Coast investors buy $20M property in Goleta
Largest commercial sale of the year for South Coast
Staff report from Pacific Coast Business Times.  An East Coast investment group has purchased a 70,000-square-foot office building in Goleta that was listed for $19.9 million. It is the largest Goleta building sold in five years, according to the brokerage firm behind the deal.
 
June 16, 2011
AppFolio, Control Point Make the Move to Castilian Tech Center in Goleta
Expanding South Coast companies lease 29,000 square feet of space
Alex Kacik, Noozhawk Business Writer.  South Coast companies Control Point and AppFolio have leased 29,000 square feet of space at the Castilian Technical Center in Goleta.
 
June 11, 2011
Retail Revival?
Clothing giant H&M to replace Santa Barbara Barnes & Noble on State St.
Zac Estrada, The Daily Sound.  Clothing retailer H&M’s Santa Barbara location will open at noon June 23 in the home of the old downtown Barnes & Noble on State Street, company officials announced Friday.
 
June 08, 2011
Clothing retailer plans State Street store
Boulder's Erica Dahl to open "Savvy on State"
Steve Sinovic, News-Press Staff Writer.  A Colorado-based speciality retailer is taking a chance on State Street.
 
May 13, 2011
NHR leases 98,000 sf in Goleta
Firm's expansion signals technology turnaround
Marlize van Romburgh, Pacific Coast Business Times.  Network Hardware Resale is riding the wave of economic recovery, tripling its stockpile of inventory as it gears up for business to invest in infrastructure. To make room for its impressive growth, the Goleta-based firm more than doubled the size of its corporate headquarters during the first quarter – helping to put a dent in the city’s commercial vacancy rate. And it’s not stopping there.
 
May 11, 2011
RightScale stays downtown with biggest lease in years
Firm moves to "incubator" space
Steve Sinovic, News-Press Staff Writer.  The employees at Santa Barbara-based RightScale have their heads in the clouds, but only in the best sense of the phrase.
 
May 05, 2011
Sorkin: Financial collapse could happen again
Author speaks at UCSB Economic Forecast
Marlize van Romburgh, Pacific Coast Business Times.  Financial crises are ultimately about too much debt and not enough confidence.
 
May 05, 2011
Forecasters see slow recovery, shift in jobs
Report from UCSB Economic Forecast
Marlize van Romburgh, Pacific Coast Business Times.  The UC Santa Barbara Economic Forecast Project projects that tri-county employment will recover to pre-recession levels by 2013 — but the region’s job makeup might end up look very different.
 
May 05, 2011
RightScale to take over Santa Barbara tech incubator
Company moves headquarters
Staff Report, Pacific Coast Business Times.  Burgeoning with new hires, Santa Barbara-based cloud computing firm RightScale is taking over 26,000 square feet of space at the former technology center on Gutierrez Street.
 
March 04, 2011
Local economy on the upswing, forecaster says
Hayes Commercial Group sponsors economic conference
Steve Sinovic, News-Press Staff Reporter.  This year, most residents of the South Coast may be slightly more convinced that the recession is over. That doesn't mean it will be a stellar recovery. Instead, residents will be seeing a "slow but steady thawing" of an economy locked in a deep freeze for the past three years, asserts economist Mark Schniepp.
 
February 28, 2011
Sweetening Santa Barbara
Carpinteria candy shop hopes to open its doors in SB by Easter
Steve Sinovic, News-Press Staff Writer.  After three years in Carpinteria, the owners of Chocolats du Calibressan will bring their candies north to Santa Barbara.
 
February 23, 2011
AutoZone buys empty building
Retailer to open business where Hollywood Video was
Staff Report, Atascadero News.  The 7,500-square-foot retail building located at 8195 El Camino Real in Atascadero has been purchased by AutoZone Development Corporation.
 
January 19, 2011
Santa Barbara investment firm moving offices
By Kyle Rokes, Daily Sound:  One of Santa Barbara’s leading investment firms is moving to one of State Street’s most historic buildings this spring in one of the city’s largest office leases of 2010.
 
January 10, 2011
Commercial Real Estate Round Up
In a Sign of the Times, Commercial Real Estate Endures Ups, Downs
Taylor Orr, Noozhawk.com. Local industry representatives put market numbers in perspective, saying there are indications that the worst may be over Commercial real estate can provide perspective into how an economy is performing overall.
 
January 07, 2011
Commercial real estate forecast for 2011
Full real estate recovery doubtful in 2011, but possible in 2012
Marlize Van Romburgh, Pacific Coast Business Times. If you expect to see the commercial real estate markets come rushing back in 2011, you’ll be holding your breath for quite a while. But this year could set the stage for a bright recovery in 2012.
 
November 26, 2010
State Street goes from books to bargains in a flurry of deals
Santa Barbara losing both Borders and Barnes & Noble
Marlize van Romburgh, Pacific Coast Business Times.  With Black Friday approaching, Santa Barbara’s retail scene is trading its literary aspirations for bargain-priced fashion, signaling a possible new trend in State Street retail.
 
November 21, 2010
Empty storefronts filling up on State Street
Santa Barbara Retail Viewpoint
Ray Estrada, News-Press Correspondent. Anyone who put a quarter in the fare slot on a Santa Barbara downtown shuttle in 2008 could not help but notice dozens of empty storefronts, which represented the recession-caused demise of many State Street businesses.
 
September 21, 2010
Santa Barbara for-sale affordable housing project geared toward middle-income workers, local commuters
Joshua Molina - The Daily Sound: City Ventures, an Orange County-based developer, plans to build 48 new homes on Santa Barbara's Eastside, in a $3.75 million real estate deal with the city's Housing Authority.
 
September 15, 2010
Tracy Porter opens in La Arcada Mall
Lease may be harbinger of renewed retailing downtown
Steve Sinovic, News-Press Staff Writer: One of the nation's top purveyors of home furnishings and decor is nesting on the sunny South Coast.
 
September 02, 2010
Online Education Firm Expands By 57,000 SF
Lynda.com buys 6410 Cindy Lane
By Bob Howard, GlobeSt.com: CARPINTERIA, CA-Online software training company Lynda.com has acquired a 57,474- square-foot property at 6410 Cindy Lane from the Salvation Army in its second real estate acquisition in the region, according to Christos Celmayster of Hayes Commercial Group, who represented lynda.com in the transaction. The property includes a 31,553-square-foot office building and a 25,921-square-footwarehouse building on 3.52 acres.
 
August 18, 2010
New eatery shows resilience of State Street business
Steve Sinovic, News-Press Staff Writer: Local restaurateurs known for their expertise in serving up seafood dishes may be setting sail on a new culinary course.
 
July 27, 2010
US Bank Leases Prime Spot on State Street
Hayes Commercial Brokers Year's Largest Retail Lease
The Daily Sound: A 5,708-square-foot chunk of vacant State Street real estate will soon be filled with a branch of U.S.Bank, the real estate firm that helped negotiate the lease announced.
 
July 27, 2010
U.S. Bank to open State Street branch
Hayes Commercial Brokers Year's Largest Retail Lease
Steve Sinovic, News-Press Staff Writer
 
July 23, 2010
Hayes Commercial Brokers Year's Largest Retail Lease
U.S. Bank coming to downtown Santa Barbara
Written by Marlize van Romburgh - Pacific Coast Business Times
 
July 23, 2010
US Bank Moving to Heart of Downtown Santa Barbara
Hayes Commercial Brokers Year's Largest Retail Lease
Ray Estrada - Noozhawk.com
 
 
 
           
 

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