Commercial real estate sales in Santa Barbara’s South Coast totaled $361 million across 40 deals, according to the Q1 2026 report released by Radius Commercial Real Estate.
This marks the strongest performance recorded in the first quarter. Despite the record number, the largest came from two deals: first, the $235 million Tech Park @ Goleta portfolio and second, the $104 million sale of the former QAD headquarters.
Tech Park @ Goleta portfolio
The Goleta Tech Park was the largest contributor, with a $235 million sale of the 17-building portfolio to Praelium Commercial Real Estate.
The deal covered 733,497 square feet and includes a mix of office, industrial, and research and development space, with pricing translating to about $320 per square foot…