Commercial Real Estate
The commercial real estate market in Santa Barbara remains healthy as demand for retail and office space continues to increase. As a perpetual center of prestige and wealth, Santa Barbara is a highly sought-after locale for competitive entrepreneurs and thriving businesses. If you are searching for commercial property in Santa Barbara, contact Daniel Zia by phone (805-637-7148) or by email. His expertise and extensive network in the commercial market will enable you to make a confident, well-informed decision. Allow the Zia Group team to provide you with detailed investment offerings, current market conditions, and helpful recommendations in aiding your eventual decision.
In 2012, leasing activity was sporadic with retail generally faring better than office and industrial due to general factors of demand, as well as economic and political uncertainty. The Santa Barbara commercial real estate market fared better than most other areas in the country, but it was not immune to the recession. Sales volume in 2012 was lower than the historical activity Santa Barbara sees, while prices remained stable. Generally, prices have remained within about 80% of the 2005 & 2006 highs, which is far more insulated than the 30-40% dip in residential real estate prices we saw since the August 2006 peak.
Daniel Zia, CEO and Founder of the Zia Group, is a great Santa Barbara commercial real estate resource. Daniel has also been voted the #1 real estate agent in Santa Barbara three times now by the Santa Barbara Independent’s “Best Of” Readers’ Poll. He was awarded this honor in 2009, 2011 and 2012. Allow the agent who consistently represents more buyers in Santa Barbara than any other to assist you in your search for commercial real estate.
Contact Daniel to gain more insight into the summary of economic information above. The Zia Group team invites you to use our Santa Barbara Commercial Real Estate MLS search tool to check out properties currently listed on the market in Santa Barbara. You may also be interested in our Santa Barbara Real Estate Blog or the Santa Barbara Quick Stats on Current Housing Trends.