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September 22, 2020
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INLAND EMPIRE NEWS
Archive
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• Langston Racing Takes 25k sf of Retail Showroom Space in the Inland Empire
7/13/09
Here is an update on a recent Inland empire retail showroom lease, as Langston Racing signed a five-year, $1.57 mil deal for 24.5k sf ($1.07/sf/mo) of space in Perris. The property is located at 1622 Illinois St, within Class...
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• New Upscale Mexican Restaurant Set to Open in Corona
7/10/09
Construction on Miguel's California Mexican Cocina & Cantina at The Promenade Shops at Dos Lagos in Corona has just been completed. The authentic Mexican-style fine-dining restaurant with the "Aqua" bar and lounge overlooks t...
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• $120 Mil Development is Just What the Doctor Ordered for Victorville
7/09/09
The first wall was just raised at Dr Pepper Snapple Groupís new manufacturing and distribution facility in the City of Victorville, as development of this $120 mil, 850k sf structure is now well underway. The project is locat...
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•  Watson Goes for the Gold with Spec Green Building
7/09/09
A recently-completed 297.1k sf industrial building by Watson land Company in the city of Chino has been awarded Gold-level LEEDģ certification for green building performance by the U.S. Green Building Council (USGBC). This is...
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•  1031 Investor Picks Up Riverside Fresh & Easy
7/07/09
A single-tenant, NNN-leased Fresh & Easy Neighborhood Market in Riverside sold for $2.475 mil ($171/sf). The 14.5k sf freestanding building is located at 8765 Trautwein Rd, north of Van Buren Blvd and west of I-215, within Or...
Price: $3.99
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• Ashley Furniture Purchases Two Buildings in the Inland Empire
7/02/09
Ashley Furniture Industries Inc acquired Cooley Ranch Industrial Park, a two-building, 439k sf industrial complex in Colton. The transaction consisted of a 312k sf building and a 127k sf structure located on 19.3 acres in the...
Price: $3.99
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• $19.3 Mil Sale Marks Pinnacle of Inland Empire Hotel Market
6/30/09
In a major Inland Empire hotel buy, Pinnacle Hotels USA has acquired the 292-room Marriott Riverside for $19.3 mil ($66k/room) from Sunstone Hotels. The 12-story hotel is located at 3400 Market St, in the heart of the histori...
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• New Apple Valley Corporate HQ Facility Listed for Sale
6/11/09
A newly built corporate headquarters facility in SoCalís Apple Valley was just put on the market, with an asking price of $5.2 mil ($217/sf). The two-story, 24k sf Class A building is the HQ location for the High Desert Feder...
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• New Chino Hills Government Center is Completed
6/05/09
Development of the new Chino Hills Government Center has been completed. The $72 mil Center, built by Barnhart Inc on behalf of the City of Chino Hills, is comprised of a new Chino Hills City Hall, Chino Valley Independent F...
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• Draftsmen & Craftsmen
6/02/09
Construction on the new Palm Springs Unified School Districtís (PSUSD) Painted Hills Middle School just got underway. The new campus is being built to relieve overcrowding at Desert Springs Middle School, which currently hou...
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• Cathedral City Multiplex Fetches $12 Mil
5/28/09
In a notable Inland Empire retail deal, the Mary Pickford Cineplex, a 66.7k sf single-tenant net-leased property in Cathedral City, sold for $12.1 mil ($235/sf). The property was constructed in 2001 and is located at 36850 Pi...
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• McCarthy Begins Work on Major Kaiser Permanente Project in Fontana
5/20/09
McCarthy Building Companies has begun construction on a new hospital, central plant and support building for Kaiser Permanente in Fontana. Located on the southern end of the existing Kaiser Permanente Fontana Medical Center s...
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• Tough Year Ahead for Inland Empire Office Market
5/19/09
Weakness in the Inland Empire's office sector is expected to intensify this year as troubled employers execute strategies to cut costs, according to the 2009 National Office Research Report by Marcus & Millichap. "The Inlan...
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• HFF Arranges $23 Mil Refi on Inland Empire Multifamily Property
5/18/09
HFF (Holliday Fenoglio Fowler, L.P.) has arranged $23.28 mil in refi money for Ironwood Apartments, a 260-unit multifamily community in Rancho Cucamonga. The property is located at 11100 4th St, less than one mile from the I-...
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• Stirling Completes Work on 1 msf Facility in Victorville
5/12/09
In the latest development update from Victorville, Stirling Capital Investments has completed construction on Distribution Centre 1 (DC1), a 1 msf Class A industrial facility situated on approximately 46 acres at Southern Cal...
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• Hampton Inn & Suites at Turner Riverwalk Gets Underway
5/06/09
Construction is underway on a 132-room Hampton Inn & Suites at Turner Development Corporationís Turner Riverwalk, a 1 msf master-planned business park in Riverside. Sun Development and Management Corporation is the developer...
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• Victorville Seeing Strong Retail Activity
5/04/09
The City of Victorville continues to see considerable new retail activity, much of which is in response to an ongoing influx of major companies relocating at the Southern California Logistics Centre and other modern, well-loc...
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• 1031 Exchange Buyer Reaches $25 Mil Crossroads in Chino Hills
5/01/09
Hereís the scoop on a sizable retail trade from the Inland Empire, as a 1031 exchange buyer acquired the 90.9k sf Crossroads Entertainment Center in Chino Hills for $25.53 mil ($281/sf). The property is situated on 10.5 acres...
Price: $3.99
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• San Jacinto Seeing Steady Demand for Retail
4/29/09
Despite the economic woes that have hit Southern California, the City of San Jacinto in Riverside County has enjoyed a number of recent retail openings in addition to considerable new construction planned or underway, some of...
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• Inland Empire Retail Center Fetches $79 Mil Price Tag
4/28/09
The Inland Empire recently saw a significant retail investment deal, as SKT Investments acquired the 539.3k sf Crossroads Marketplace in Chino Hills for $79 mil, or roughly $146/sf. As part of the transaction, SKT assumed the...
Price: $3.99
Executive Subscriber Price: Free
more » 



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