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PRESS RELEASE / ANNOUNCEMENTS Sunday, September 9, 2012

Vitamin Shoppe to Open in Goleta

The Vitamin Shoppe has signed a long-term lease for the remaining 2,747 square feet of a newly built retail building at the corner of Storke Road and Hollister Avenue in Goleta, announced Towbes Group Vice President-Commercial Properties Traci Taitt.


The new store at 6900 Hollister will be the first store in the Goleta/Santa Barbara market for The Vitamin Shoppe, one of the nation’s leading specialty retailers and direct marketers of vitamins, minerals, herbs, supplements, sports nutrition and other health and wellness products. The North Bergen, NJ-based company owns and operates more than 500 stores in 40 states, the District of Columbia and Puerto Rico.

The 5,968 square foot-building was developed as a build-to-suit by The Towbes Group for Montecito Bank and Trust’s ninth full service commercial banking branch. Montecito Bank and Trust, which occupies 3,221 square feet, opened its doors after the building was completed in January 2012.

Opposite Camino Real Marketplace, the region’s only Power Center, 6900 Hollister is situated at one of the busiest intersections in the area with exposure to more than 50,000 cars per day, said Taitt. We were very pleased to attract a national tenant to the market and a nice complement to Montecito Bank and Trust.

The property is managed by The Towbes Group, Inc. Phillip Kyle of Epsteen & Associates represented the landlord and Jeff Straka of Retail Select Partners and Corey Bialow of Bialow Real Estate LLC represented the tenant on the transaction.

The Towbes Group, Inc. www.towbes.com is a fully integrated real estate investment, development and property management company. Founded in 1960, the Santa Barbara, CA-based firm has developed more than two million square feet of commercial real estate and nearly 6,000 single family and multifamily units in the Tri-county area. . With 1.8 million square feet under management, Towbes Asset Management provides asset and property management for its own portfolio and third party clients.

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