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October 22, 2020
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INLAND EMPIRE NEWS
Archive
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• Charter School Inks Long-Term Lease for Temecula Building
9/30/10
In recent leasing activity from the Inland Empire, River Springs Charter School signed a 10-year, $6.2 mil lease for a 38.6k sf ($1.34/sf/mo) office building at 43040 Margarita Rd, east of I-15 and north of Temecula Pkwy in T...
Price: $3.99
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• New RENTV Executive Report: Inland Empire Hot Transactions
9/29/10
Here’s a great way to keep up with all of the transaction activity throughout the Inland Empire over the past year. RENTV’s latest executive report -- a compilation of closed sale and lease comps from the region over the past...
Price: Free
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• Final Two Sales Complete Break-Up Strategy at Corona Retail Center
9/24/10
The final two sales in a three-parcel break-up strategy at The Shops at Sycamore Creek have generated $9.66 mil in total revenue. Located in the city of Corona, the retail center is anchored by a Von’s grocery store. The l...
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• Investment Group Pays Almost $9 Mil for Ontario Gateway
9/24/10
In one of the largest transactions to take place in the Inland Empire this year, Ontario Gateway, a two-building multi-tenant professional office complex totaling 125.5k sf, has been acquired by an investment group for $8.75 ...
Price: $3.99
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• Seller Shapes Up LA Fitness Property before Selling for $8.8 Mil
9/21/10
A 45.6k sf Lake Elsinore retail property occupied by L.A. Fitness traded hands in a recent $8.8 mil ($193/sf) deal. The property, acquired by a Villa Park, CA-based private trust, is located at 18550 Dexter Ave, south of Cen...
Price: $3.99
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• CT Realty Venture Closes on 231k sf Inland Empire Industrial Buy
9/13/10
CT Realty Investors has acquired the Archibald Business Center, a 231.4k sf, Class A industrial building in Ontario, for $9.5 mil ($41/sf). The property was purchased from Bixby Land Co through a joint venture between CT Real...
Price: $3.99
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• Inland Empire Deal Review
9/10/10
There have been a number of notable transactions in the Inland Empire over the past few weeks, which we’ll touch on briefly in this report. In a big Chino land buy, Xebec Realty Partners purchased 16.3 acres of industrial lan...
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• BRE Collects $24.6 Mil from Inland Empire Apt Sale
9/09/10
By Allen Wolfsheimer For BRE, proceeds of this sale helped the company move forward with a new SoCal acquisition of its own, paying $166 mil for Aqua Marina del Rey, a 500-unit community in the upscale, West Los Angeles area...
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• CA Retail Deal Update
8/31/10
TEMECULA (Riverside County) -- A private investor purchased Temecula Creek Plaza, a 69k sf retail center located at 31021 – 31141 Temecula Pkwy. Built in 2007, the property is located within close proximity to Temecula Creek ...
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• Barker Pacific Boosts Its Storage Solutions with Inland Empire Acquisition
8/17/10
Barker Pacific Group (BPG), through its affiliate, Union Development Company (UDC), has acquired First Choice Storage, a self-storage and RV storage facility located in the city of Fontana, for $5.075 mil. The acquisition in...
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• French Retailer Acquires 128k sf Inland Empire Property
8/16/10
Oxylane Groupe-Decathlon has purchased Town Center Ontario, a 128.3k sf retail property in Ontario, for $11.75 mil ($92/sf). Built in 2002, the center is situated on approximately 11.59 acres and is located at 701-769 N. Mil...
Price: $3.99
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• New 850k sf Inland Empire Distribution Facility is Fully Operational
8/12/10
One of the largest industrial facilities ever built in the Southland is now occupied and operational. The 850k sf building, the new manufacturing and distribution facility for Dr Pepper Snapple Group, is situated within the S...
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• Barstow Mall to Be Spruced Up
8/10/10
Renovation work is underway at Barstow Mall, located at 1900 East Main St, just east of I-15 in Barstow. The project includes demolition and the reconfiguration of 37.5k sf of space formerly occupied by Sears, to make room fo...
Price: $4.99
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• NAI Capital and The Bradco Companies Marketing New Victorville Industrial Project
8/10/10
NAI Capital and The Bradco Companies have teamed up to sell a brand new boutique industrial park in Victorville that consists of six separately constructed concrete tilt-up industrial buildings of approximately 10.5k sf. The ...
Price: $4.99
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• Barstow Mall to Be Spruced Up
8/09/10
Renovation work is underway at Barstow Mall, located at 1900 East Main St, just east of I-15 in Barstow. The project includes demolition and the reconfiguration of 37.5k sf of space formerly occupied by Sears, to make room fo...
Price: $3.99
Executive Subscriber Price: Free
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• Construction Underway on Affordable Housing Development in Big Bear Lake
8/05/10
Construction is underway on a new a 42-unit affordable housing community within the city of Big Bear Lake. Called The Crossings at Big Bear Lake, the project is being developed by Urban Housing Communities LLC (UHC) in collab...
Price: $3.99
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• 11TH Annual High Desert Economic Summit Slated for September 17 in Victorville
8/03/10
Economic futures are still cloudy in California but some experts maintain that there are signs of recovery from the current financial crisis. What form will recovery take and how long will it be before real estate values rise...
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• ARK Management Lands 424k sf Retail Assignment
8/02/10
ARK Management was awarded the management assignment for Lake Elsinore Marketplace, a 424.9k sf power center in Lake Elsinore, CA. The firm has added more than 650k sf of third-party commercial management space to its portfol...
Price: $3.99
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• Phoenix Realty Group Purchases 424 Units in the Inland Empire
7/27/10
Phoenix Realty Group (PRG) recently acquired 424 apartment units in the Inland Empire in two transactions totaling over $30 mil. The properties were purchased on behalf of its institutional real estate fund targeting workforc...
Price: $3.99
Executive Subscriber Price: Free
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• Ontario Office Deals Ring Up to Over $10 Mil
7/20/10
A pair of recent office leases in Ontario combined for over $10 mil in total value. The transactions, with University of Phoenix and Defense Contract Management Agency (DCMA), took place at the 100k sf University Plaza, loca...
Price: $4.99
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