March 19, 2026 by Jorge Mercado Pacific Coast Business Times | Original Source Majestic Asset Management sold 17 buildings related to its Tech Park at Goleta portfolio to Praelium Commercial Real Estate, according to Hayes Commercial Group, which represented the transaction. Though the amount was not disclosed, public records unveiled by the Business Times found that the entire deal was valued at approximately $235 million, making it the largest commercial sale in Santa Barb

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South Coast commercial sales showed steady progress through the third quarter of 2025. After a very slow start to the year, the pace of closings quickened this summer, and momentum appears to be gradually building month by month. While overall activity remains below the region’s long-term average, the tone has shifted from cautious to cautiously optimistic. Through September, 53 commercial transactions closed across all property types, matching last year’s count at this point

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Quarterly review and forecast covering leasing and sales of commercial real estate – including office, industrial, and retail – for the...

Quarterly review and forecast covering leasing and sales of commercial real estate – including office, industrial, and retail – for the...

Our year-end review of South Coast Commercial Real Estate is live! Highlights include the below: • Higher interest rates contributed to a...