The Shopping Center Group has opened its first office West of the Mississippi River in Santa Barbara. Partner Mike Hieshima (snapped with partner Philip Kyle) tells Bisnow the office is the first step in a long-term strategy for the Atlanta firm to create a dominant West Coast presence. The office is small (three brokers), but the two partners bring decades of experience and major clients to the firm, including Starbucks, Kimco Realty and Regency Centers.
Mike tells us the office is starting North of LA County, with listings in Santa Barbara, San Louis Obispo and the 200k SF Mandalay Village Marketplace in Port Hueneme, among others. TSCG has 23 offices in 16 states, and last year worked on more than 1,500 transactions totaling nearly $2B.
