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September 22, 2020
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INLAND EMPIRE NEWS
Archive
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• Aspen Distribution Leases 103k sf Ontario Facility
2/17/09
Although transaction velocity may have slowed noticeably over the past year, the Inland Empire continues to see its share of leasing activity, as many businesses find the region an important strategic location, particularly f...
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• Kenco Inks $11 Mil Lease for 500k sf Redlands Facility
2/13/09
The Inland Empire recently witnessed a very newsworthy industrial lease, as Kenco Logistics Services agreed to a five-year, $11 mil deal for a 517.3k sf ($0.35/sf/mo) facility within the Watson Commerce Center Redlands, in th...
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• Deep Discounter Takes Riverside Retail Space
2/12/09
A pair of SoCal retail leases negotiated by Tustin-based Coreland Companies totaled up to around $4 mil in total value. In the larger of the deals, ddís Discounts inked a 10-year, $2.58 mil lease for 20.2k sf ($1.06/sf/mo) of...
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• Kearny Adds More Lease Signings to Its Inland Empire
2/02/09
Kearny Real Estate Company recently inked two new tenants at a pair of its Inland Empire industrial properties. The transactions are for a total of 175.2k sf of space. In one of the leases, Luxe Cabinetry agreed to a five-ye...
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• Trilogy Golf Club Sale Leads Trio of SoCal Sales
1/22/09
Trilogy Golf Club at La Quinta, an 18-hole championship golf course located at 60-151 Trilogy Pkwy, south of I-10 and west of Hwy 111 and Desert Resorts Regional Airport, was acquired by TLQ Partners in an $8.6 mil deal. The...
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• Investors Nab Riverside Office Properties
1/19/09
Two Riverside commercial properties, totaling 110.3k sf of space, recently sold in separate transactions with a combined value of $10.5 mil. In one of the deals, Iglesia de Cristo Elim Riverside Inc purchased a 58.5k sf build...
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• Work Wrapped Up on New Inland Empire Medical Office Project
1/15/09
Work on Claremont Medical Plaza, a new 50k sf Class A medical office building in the San Bernardino County community of Claremont, has just been completed. The two-story building, located at 1601 Monte Vista Ave, on the corne...
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• Safelite Inks Lease for 282k sf of Distribution space in the Inland Empire
1/06/09
Safelite AutoGlass, one of the largest providers of vehicle glass repair and replacement services in the nation, inked a lease for 282k sf of industrial space in the western Inland Empire city of Ontario. Terms of the transac...
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• Riverside Multifamily Property Offered at Just Under $13 Mil
12/23/08
A notable multifamily investment opportunity in the city of Riverside just hit the market, with an asking price of $12.95 mil ($90k/unit). The property is Emerald Pointe Apartments, a 144-unit asset located at 1863 12th St, a...
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• Ontario Biz Park Sells for $5.6 Mil
12/19/08
A 47.3k sf multi-tenant industrial and office business park located in the western Inland Empire city of Ontario recently was acquired in a $5.6 mil ($118/sf) investment transaction. The property, Airport Tech Center, consist...
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• New Fontana HQ Facility Built with and for Door Components
12/12/08
A new, $11 mil corporate HQ facility in the city of Fontana offers a dramatic respite from some of the more mundane commercial buildings in the area. Built by Oltmans Construction Company for Door Components Inc, the intentio...
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• AEP Inks Lease for 144k sf of Industrial Space in the Inland Empire
12/10/08
While demand for most types of space may have slowed considerably over the past year, there are still businesses out there that need to find sensible new space alternatives. One such company is AEP Industries, a manufacturer ...
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• San Jacinto Shopping Center Listed at $455/sf
12/09/08
Mount San Jacinto Plaza, a 26.3k sf shopping center in the Riverside County community of San Jacinto is being offered for sale with an asking price of $11.98 mil, or roughly $455/sf. Located at 1811-1821 San Jacinto Blvd, eas...
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• New Corona Office Tower Completed
12/08/08
Construction has just been completed on a new six-story, 160k sf Class A office tower located at 4160 Temescal Canyon Rd in Corona, within the master-planned community of Dos Lagos. The building, which broke ground in Februar...
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• Gene Autry the Star of New Coachella Valley Retail Project
11/20/08
Investec Real Estate Companies is poised to break ground on a new 60k sf Coachella Valley shopping center called Gene Autry Plaza, located at the southeast corner of Ramon and Gene Autry Trail (Hwy 111) in Palm Springs. The p...
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• Design Build Team Wins Honor Award for Water + Life Museums in Hemet
11/19/08
Principals of Lehrer + Gangi Design + Build, a venture of Lehrer Architects and Gangi Architects, the architecture and planning division of Burbank-based Gangi Development, were presented one of six Honor Awards during ceremo...
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• Long-Range Outlook Favorable for Inland Empire Housing Sector
11/14/08
Although ongoing weakness in the housing sector has contributed to steady job losses and rising vacancy in the Inland Empire, the regionís long-range prospects remain favorable, according to a third-quarter Apartment Research...
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• The Schwarz is with Rancho Cucamonga Landlord
11/13/08
For those of you who follow industrial lease comps from the Inland Empire, here are two recent transactions to note, from Rancho Cucamonga and San Bernardino. In the Rancho Cucamonga deal, Schwarz Paper Company inked a three-...
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• New Rancho Cucamonga Workforce Project to Add 166 Res Units
11/06/08
A new workforce housing project slated for development in the heart of Rancho Cucamonga, at Route 66 and Center St, near Haven Ave, will boost housing in the region by 166 units, of which 80 percent will be set aside for thos...
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• New RENTV Executive Report: Inland Empire Hot Transactions
10/31/08
Hereís a great way to keep up with all of the transaction activity throughout the Inland Empire over the past year. RENTVís latest executive report -- a compilation of closed office, industrial and retail sale and lease comps...
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