National Retail Vacancy Rates are 4.1%! Why Doesn't SB City Council Get It.

Petition updateRe-Open State Street, Santa BarbaraNational Retail Vacancy Rates are 4.1%! Why Doesn't SB City Council Get It.

Ed FullerSanta Barbara, CA, United States

Apr 30, 2025

The vacancy rate among retail spaces nationwide is 4.1%, according to a new report out Thursday morning from the commercial real estate firm JLL. That’s near a historic low for the retail sector, and it’s been stuck there for awhile.

State Street vacancy rate is near 13%! What doesn't SB City Council understand about re-opening State Street!

ksby.com State Street Overall Vacancies Near 13%

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Plenty of Plans But Not To Opening State Street

Today! SB City Council Priority Planning Meeting Today!