GOLETA, CA-Yardi Systems has signed a lease for 7,000 square feet at the Towbes Group's 73,000-square-foot Fairview Business Center, bringing the class A office project to full occupancy. Traci Taitt, vice president of commercial properties for the Towbes Group, called the leasing of the building "a huge accomplishment" considering economic conditions.

The Towbes Group completed construction on Fairview Business Center in December 2008, when it was the first commercial building to be constructed in Goleta in the past nine years. The building is located at 420 S. Fairview Avenue in Goleta's redevelopment district. Tenants include Tecolote Research, Yardi, Autoliv, and Snyder Law.

Towbes modified the building and added a trellis and outdoor patio as an amenity for tenants and customers and to create a greater street level identity for the locally owned and operated restaurant, Three Pickles. Taitt noted that the building "is at the cornerstone of the effort to add incremental tax revenue for the City of Goleta as it is in the redevelopment district. It also revitalizes adjacent old town Goleta.”

The Fairview Business Center also is the only commercial office building in Goleta with a groundloor deli. “Most commercial office buildings in Goleta are comprised of traditional footprint commercial buildings, so bringing in a food service is quite a milestone,” adds Taitt.

The Towbes Group is a real estate investment, development and property management company. Founded in 1960, the Santa Barbara-based firm has developed more than two million square feet of commercial real estate and nearly 6,000 single family and multifamily units in the Tri-county area.