Search
 

Sares-Regis Plans 956,000 SF on 92 Acres

GOLETA, CA-The Irvine-based developer's Ventura division will create the Cabrillo Business Park on a site that formerly was an aerospace testing range.

By Bob Howard | Updated on July 26, 2007

(Read more on the industrial market.)

GOLETA, CA-The Ventura division of Irvine-based Sares-Regis Group plans a 956,000-sf class A research and development project called Cabrillo Business Park on a 92-acre site that formerly was an aerospace testing range. Sares-Regis bought the project site, which is next to the Santa Barbara Municipal Airport, from the Hughes Corp. for $22 million in 1998.

According to Russ Goodman, the division’s president, the new business park will be developed with 12 one- and two-story flex buildings ranging from 55,000 sf to 80,000 sf. The site also will include a restaurant and self-storage buildings.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.