111 State Street Acquisition

SB State Street Holdings, LLC has completed an assemblage of three prime parcels on lower State Street in Santa Barbara, California. The parcels provide over 7,100 square feet of prime rental space with 38 parking spaces one block from the beach, a unique opportunity rarely available in Santa Barbara.The parcels were once slated to be a component of the La Entrada project that has been in process for over a decade. This acquisition will bring new life to lower State Street by renovating the building at111 State Street that formerly housed BeBop Burgers during the 90’s, Longboard Café in the 80’sand the State Street Brewhouse in the 50’s into a single or multi-tenant use providing highly coveted onsite parking.“We are extremely eager to begin revitalizing this dormant property and bring life back to lower State Street”, stated Katie and David Hay, owners of Central Coast Real Estate LLC, who have been retained to manage the project and its improvements. “This property is an ideal location with easy access from the 101 freeway and Cabrillo Boulevard and now that the La Entrada project has been purchased, lower State Street will once again become a thriving part of the Santa Barbara community and the millions of travelers who visit each year”, added Mrs. Hay. To obtain leasing information, please call 805-617-2444