Shopoff Realty Investments has acquired Castilian Technical Center located at 50, 70 and 90 Castilian Drive in the city of Goleta, in Santa Barbara County, Calif. The financial terms were not disclosed.
The property was acquired in conjunction with co-investment partner Praelium Commercial Real Estate, and is the second project the two firms have partnered on together.
The recently renovated property includes 10.82 acres comprised of a fully renovated, three-building, 165,905-square-foot creative office campus. The campus features extensive outdoor amenity spaces with indoor/outdoor meeting areas, patios, picnic tables and walking trails. The property is conveniently located between US Highway 101 and Hollister Avenue, providing ease of access to Santa Barbara Airport; University of California, Santa Barbara; Goleta Commuter Amtrak; and downtown Santa Barbara.
“The Castilian Office Campus is a stellar property in a well-established tech corridor within the coa
