Friday, July 17, 2009

Radius Group Posts It's Commercial Real Estate Report

Radius Group Commercial Real Estate is pleased to provide the RADIUS GROUP SOUTH COAST 2nd Quarter 2009 REVIEW for the commercial markets of Santa Barbara, Goleta and Carpinteria. Included in the report are the largest leased properties and largest vacancies in each city during the 2nd Quarter 2009.


The following is a summary of Vacancy Rates from April 2009 to June 2009.

Santa Barbara

Office Vacancy increased from 5.7% to 6.7%.

Industrial Vacancy decreased slightly from 1.0% to 0.9%.

Retail Vacancy increased slightly from 2.3% to 2.7%.


Goleta

Office Vacancy decreased from 12.9% to 11.6%.

Industrial Vacancy increased from 6.1% to 7.6%.


Carpinteria


Office Vacancy increased from 4.5% to 5.3%.

Industrial Vacancy increased from 6.2% to 7.3%

View the complete report

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