Capitol Hardware was established in April, 1964 by Bill Adams, Sr. at 711 N. Milpas Street. It also included a lumber yard and roofing business. In 1971 the hardware portion of the business was purchased by an employee named Olas Gullic who relocated the business down the street to the corner of Alphonse and Milpas streets. In February of 1972, Gordon Reisig, who was previously a banker with Santa Barbara Bank & Trust, purchased the hardware business and moved it back to 711 N. Milpas. The business mainly sold commercial hardware and supplied the booming apartment construction market.