Montecito has been unusually active in recent months! Lululemon and SB Running have just opened near Starbucks at 1046 Coast Village Rd. MLG Retail and Johnny Was also signed leases recently - bringing a TBD concept and high end women's clothing to the lower village.
Nearby, a confidential real estate group has leased a new flagship office on Coast Village Road and will be announced soon!
In sale transactions, rumor has it that The Old Firehouse on East Valley Road, listed at $16M, is currently in escrow and being sold to a local investor.