MARSHALLS BUILDING IN SANTA BARBARA CHANGES HANDS

SANTA BARBARA, CALIF. – A 38,015-square-foot building in Santa Barbara that is occupied by Marshalls of California, LLC, has sold to an out-of-state trade buyer for an undisclosed sum. The building is located at 900 State Street. The unnamed Los Angeles seller was represented by Dan Riley and Ben Cherney of CBRE's Private Capital Group – Los Angeles Retail Team on this all-cash, off-market transaction.