QAD’s spectacular 28-acre bluff-top campus between Montecito and Summerland has sold for $104 million—and real estate insiders have confirmed that the University of California is the buyer.
The University of California reportedly intends to occupy the campus, but whether the plan is for classrooms or housing remains unknown. The latter would seem unlikely, since the location isn’t exactly convenient, but UCSB is famously in dire need of housing. And the QAD campus does already have a beach volleyball court….
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