3 Radius Commercial Real Estate Executives Leaving to Join Colliers

Three top Santa Barbara commercial real estate brokers are moving over to an affiliate of the Radius Group in a significant shake-up of the town’s commercial real estate firm scene.

The Santa Barbara office of Colliers, an international public company, will be launched by Chris Parker, Miles Waters, and Austin Herlihy.

“This is the latest milestone for our continued expansion in the region and believes that by securing this dynamic group who embody our enterprising culture, we will be able to create substantial business value.” “We can unlock new potential for the market by establishing our local presence, allowing clients to be within reach of Colliers’ global presence and expertise to bring independent solutions to scale.”

The trio have more than 40 years combined industry experience and ‘became respected and one of the most productive and successful teams in the region,’ according to a news release.

Collectively, they have experience specializing in the sales and leasing of office, retail, hotel, industrial, land and multifamily assets throughout the Central Coast.

Client portfolio for the team includes Global Mutual, RAF Pacifica, Eastern Real Estate, Stone Park Capital, Woodridge Capital and Dansk Investment Group. According to a news release, their extensive portfolio includes the notable sales of the Fairmont Orchid Hotel, the Hotel Californian, and the Amazon building on State Street, the QAD Campus, and Funk Zone Bakery Block, among others.

‘This launch of the office constitutes a major step in Colliers’ broader strategy to build out our West Coast footprint through top talent.’ “Aside from offering unparalleled expertise and deep local ties, Austin, Chris and Miles will immediately and significantly expand our client offering and plow new ground garnering new investment and brokerage opportunities far beyond the region.”

As executive vice president, Herlihy will work with Parker and Waters as vice presidents. The firm will work from its new Santa Barbara office at 314 E. Carrillo St. in downtown.

With Colliers, Herlihy said they are ‘excited to embark on this new chapter’ and have pulled in ‘the top tier advisory platform and full suite of in house services’ to provide to the client and the local market. ‘Colliers brings our market much needed services. “Now, we can support every aspect of commercial real estate with a strong local team and a powerful national and international network.”