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Stock Building Supply West, LLC ( BMC) and Smart & Final Make a Move

Ventura County: April 28, 2017

Stock Building Supply West, LLC – recently acquired by BMC, one of the nation’s leading providers of diversified building products and services to professional builders and contractors in the residential housing market, just signed a ten year sublease on 16,576 square feet of retail space at 2222 W Hillcrest Drive, in Thousand Oaks. This space was previously occupied by Smart & Final. The merger with Stock Building Supply and BMC resulted in the creation of a new company, BMC Stock Holdings, which together recorded a combined $2.6 billion last year. Smart & Final occupied that space for 22 years, opening in November of 1995.  Smart & Final meanwhile changed their concept from Smart & Final to Smart & Final Extra!, and with this growth, they required additional square footage moving across the freeway to the recently vacated Haagen store located at 2100 Newbury Park Road, in Newbury, California. Pamela Scott of GPS Commercial Real Estate Services, Inc., represented Smart & Final. Stock Building Supply also has other locations at 1160 E. Thompson Blvd. in Ventura and 2000 Tapo St. in Simi Valley.

 

 

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Land Sale and Development – Buellton, CA

Future Wine Tasting, Retail, and Music Venue Slated for Buellton

San Luis Obispo County – Buellton, CA April 20, 2017:

 

A long time area family recently listed and sold their 2.5 acres of land located near the corner of Avenue of the Flags and Highway 246 in Buellton with an asking price of $1,075,000.00. Pamela Scott, Principal and Broker of GPS Commercial Real Estate Services, Inc., executed the real estate transaction representing both seller and buyer. Scott indicated the buyer intends to develop a 5,000 square foot restaurant or brewery and another 10,000 square foot building with shops for wine tasting, food and retail. The buyer is also planning on adding food trucks to enhance the already festive atmosphere of the center. There will be a large communal entertainment area offering entertainment such as concerts and a play area for families. Construction should begin at the end of the 2017.