The 27,743-square-foot space occupied by the wireless sound system company Sonos at 419 State St. is available for sublease since the company may be relocating by early next year, according to Natalie Wagner, a commercial real estate broker with Lee & Associates.
Sonos also has a large office at 614 Chapala St.
In her monthly newsletter, Wagner wrote, “More exciting is the activity on other large spaces downtown that have been persistently vacant. Popular Japanese retailer, Miniso, has leased 6,148 square feet at 733 State St. in the Balboa Building, which was previously occupied by American Apparel.”
Wagner said another key State Street location to come off market is the 5,000-square-foot spot, which was previously Caffe Primo and before that Pierre La Fond.
“The turnkey restaurant space is rumored to have been leased to Institution Ale out of Camarillo as their second location,” Wagner said.
Wagner said at 700 State St., the long-empty Panera Bread and Left at Albuquerque building, 7-11 has inked a deal for 50 percent of the available space. This is much to the chagrin of the Downtown Organization.
She said recent downtown sales include: the mixed-use building at 701 Anacapa St., which is home to the delicious Pacific Crepes restaurant; “El Jardin,” the office and residential building at 819 Garden St.; and a retail and industrial building at 320 E. Cota St.