News

By Geoffery Metz  Retail has gone from big-box real estate, offering everything for everyone, to smaller footprints targeting customers through data-driven marketing. Thanks, Amazon! SANTA BARBARA, CA November 21, 2017 – Clarice Clarke sees a lot of irony in the current retail real estate dynamic. “When Amazon was starting in the book business,” the president of Lee & Associates Central Coast explains, “there were some powerful big-box, category-killer retailers in that space. Amazon came along and…

LOMPOC, Calif.—September 28, 2017—A 25.49-acre land property located at 1040 Drum Canyon was sold for $1,125,000. Senior Associate, Tom Davidson with the Los Olivos office represented the seller in the sale of the 25.49-acre parcels. This prime Santa Rita Hills vineyard is located east of Buellton on Highway 246 and Drum Canyon Road. The sale features two separate parcels, both with flat useable land, ideal for vineyard development. About the Santa Rita Hills AVA THE APPELLATION…

SANTA BARBARA, Calif. – October 30, 2017 – Lee & Associates has completed a 3,096 square-foot lease industrial property located at 126 Haley Street in Santa Barbara. President, Clarice Clarke, and Principal,  Steve Leider with the Santa Barbara office represented the tenant, Renegade Wines in the transaction. Renegade Wines is a one-stop shop for quality wines in Santa Barbara.  With an assortment of fine wines from around the world, there is sure to be something to suit…

Reimagine: Santa Barbara – PART 1 Presented By: Noozhawk The city has a slew of initiatives focused on “downtown concerns,” and putting more authority figures and outreach workers on State Street is a major push right now. Current and former employees with the city and business owners have said that the issues of homelessness and aggressive panhandling have been around since the 1980s. A lot of the nuisance crimes and inappropriate behavior downtown is linked to alcohol consumption and people trying…

SAN LUIS OBISPO, Calif. – November 1, 2017 – Lee & Associates has completed a 2,500 square-foot lease for the retail spaces located within the Prefumo Creek Commons Shopping Center in San Luis Obispo. Principal, Steve Leider with the Santa Barbar office and Associate,  Jeff Allen with the San Luis Obispo office represented the tenant,  El Pollo Loco in securing their new location. The Shopping Center includes Target, Dick’s Sporting Goods, and Olive Garden and is adjacent to the Irish Mall…

San Luis Obispo, Calif.— October 26, 2017— Lee & Associates – Central Coast, Marty Indvik has completed 6,451 SF industrial lease for the newly constructed stand-alone building.  The building features a 20’ clearance,  70’ x 92’ clear span and an approx. 10,000 SF of fenced yard area. Marty Indvik, Principal with the San Lusi Obispo office represented the Landlord in the transaction.

Lompoc, Calif.— October 27, 2017—Lee & Associates has completed a 7,000 square foot lease for a medical space at 1213 E. Ocean Ave., Lompoc, CA. Located on the second floor of the Lompoc Oncology Medical Center, this beautifully designed building features extensive window lines with stunning views of the area, space is served with an elevator and stairwell access and ample onsite parking. Senior Associate, Tom Davidson with the Los Olivos office represented the Landlord…

SANTA BARBARA, Calif.—September 5, 2017—Lee & Associates has completed a 1,400 square foot lease for a retail space at 1331 State Street, Santa Barbara, CA. Clarice Clarke and Natalie V. Wagner with the Santa Barbara office represented the Landlord. This charming retail space with a large skylight and excellent natural light is located in the heart of Santa Barbara’s Historic Theatre District. It will be a new location for Early California Antiques Shop.    …

SANTA BARBARA, Calif. – August 4, 2017 – Lee & Associates has completed an off market investment sale of a 13,922 square-foot, 11 UNITS Multi-Family building located at 1223 Garden Street in Street in Santa Barbara for $4,200,000. The building was designed by Barry A. Berkus of Santa Barbara, internationally renowned architect. Steve Leider and Christi Vior with the Santa Barbara office represented the Seller and the Buyer.