Anonymous
Photo: Steve Galbreath
Source: Hayes Commercial Group
Tech company Honey Science recently subleased two adjoining buildings totaling 18,792 square feet of office space in the center of downtown Santa Barbara. The newly constructed buildings, 530 Chapala St and 25 W Cota St, are located within a block of State Street. Greg Bartholomew of Hayes Commercial Group represented the sublessor in the transaction, while Liron Nelik of Savills Studley represented Honey.
The move represents a significant expansion for Honey, which leased 6,000 square feet at 333 E Haley St in early 2018. The company will vacate the Haley Street location after completing the move to Chapala and Cota.
“This is the latest example of the emerging trend of tech companies expanding into office spaces in the heart of downtown,” Bartholomew said. “Amazon, Invoca, WellHealth, and now Honey have all signed leases in the past six months for large spaces on or near State Street.”
Honey Science Corporation is a Los Angeles-based software company, founded in 2012, that provides a free browser extension called Honey that automatically finds and applies online shopping coupons at checkout for its users. Honey Science currently has additional offices in Boulder, London, and Sydney.
The two buildings are newly constructed on the footprint of previous buildings, while retaining some of the character and façade elements of the legacy structures. The L-shaped, Spanish-style building at 530 Chapala St was previously a retail building, and 25 W Cota St was an old metal industrial building. Both have been reborn as state-of-the-art creative office space, including some on-site covered parking and a rooftop deck with views.
Honey is expected to be up and running in the space by Q4 of 2019.
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