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January 18, 2022
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INLAND EMPIRE NEWS
Archive
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• Giant 1.7 msf Industrial Facility Absorbed by Whirlpool
11/16/07
By Allen Wolfsheimer New distribution facilities in the Inland Empire keep getting bigger and bigger, as evidenced by the latest such building to come on line – the Perris Distribution Center, a whopping 1.7 msf structure de...
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• Stirling Begins Work on New 296k sf SoCal Logistics Facility in Victorville
11/15/07
Stirling Capital Investments has begun construction on a 296k sf Class A distribution building on 17.48 acres at the Southern California Logistics Centre (SCLC) in Victorville. Completion of the facility is anticipated for th...
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• Public Storage Cooks Up Tasty Palm Springs Deal with Mesquite
11/15/07
And in Palm Springs, Public Storage acquired Mesquite Self-Storage, a 107.9k sf facility located at 1000 S. Gene Autrey Trail. Mesquite Self-Storage is a modern, Class A, institutional-quality self-storage facility with an ex...
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• Donahue Schriber Underway with Two Palm Springs Centers
11/09/07
Residents and visitors of Palm Springs, the Inland Empire golf and vacation mecca, can look forward to two new retail centers before long, as Costa Mesa-based Donahue Schriber has started work on a pair of community shopping ...
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• The Commons an Uncommon New Project in Chino Hills
11/07/07
Opus West has started construction on The Commons at Chino Hills, a 500k sf power center in the Inland Empire valued at more than $150 mil. Set on 50 acres, the project will feature a 170k sf Lowe’s home improvement facility ...
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• ProLogis Acquires 96-Acre Ontario Site
11/02/07
ProLogis, the international logistics real estate company, closed on a large Inland Empire land buy, after spending $96 mil for 99.18 acres ($22/sf) in Ontario. The property is about two blocks from Ontario International Airp...
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• Newell Rubbermaid Unseals New Victorville Distribution Center
10/31/07
Newell Rubbermaid, the global consumer products company, has taken occupancy of its new 407.6k sf distribution facility at the Southern California Logistics Centre (SCLC) in Victorville. SCLC, a 2,500-acre commercial and indu...
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• Venture Underway with New Retail Center in Indio
10/26/07
Construction has begun on Arabia Courtyards, a new 35k sf retail center in Indio. The project, a development of Venture Retail Group, is located at the southwest corner of Hwy 111 and Arabia. Situated immediately adjacent to ...
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• The Price is Right for Rancho Cucamonga Self-Storage Facilities
10/26/07
Price Self-Storage purchased two Class A self-storage facilities, totaling 271.1k sf of space, in Rancho Cucamonga for $29.7 mil ($110/sf). The properties were sold by Aim All Storage. One of the properties, a 111k sf faci...
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• Newcastle Completes New Industrial Castle in Fontana
10/25/07
Midway Distribution Center, a new 612k sf distribution center located at 11101 Etiwanda Ave in Fontana, has been completed. The building is 100 percent leased to Wayne, NJ-based Building Materials Corporation of America, one ...
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• Marcus & Millichap Lists Two Temecula Centers
10/23/07
Two retail centers in Temecula have been put on the market. The properties, both listed with Alvin Mansour of Marcus & Millichap, have a combined 75.4k sf of space. One of the properties is The Shops of Temecula Creek Plaza,...
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• AMB Pays $55 Mil for Final Three Buildings at Fontana Biz Park
10/22/07
AMB Property Corporation acquired the three remaining warehouse and distribution buildings that Sares*Regis Group (SRG) had not yet sold at its six-building, 3.1 msf Sierra Business Park in Fontana. The buildings, which conta...
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• OC Firm Looking to Become Master of Corona Value-Add Domain
10/16/07
Newport Beach-based Master Development Corporation (MDC) has acquired two industrial buildings totaling 100k sf in Corona for $9.2 mil ($92/sf). The buildings, located at 2465 and 2485 Railroad St, north of the 91 Fwy and ea...
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• Inland Empire Retail Update
10/12/07
In this retail comp review, we’ll let you know about two recent closed sales from the Inland Empire, both of which were brokered by Marcus & Millichap, as well as a large for sale listing by REZA. In the slightly more expensi...
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• New CREW Sets Up in the Inland Empire
10/09/07
Commercial Real Estate Women (CREW) has formed a new Inland Empire chapter, which has selected Ruby Simpson, CCIM and Senior Advisor at Sperry Van Ness, as President for the organization’s inaugural term. CREW is the industry...
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• Inland Empire’s Office and Industrial Markets Turn in Healthy Numbers
10/08/07
It was a strong third quarter for the Inland Empire office market, as more than a million square feet new office space was completed, 58 percent of it pre-leased, according to the latest data from Grubb & Ellis Company. The i...
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• Construction of Indio Grocery Store is Fresh & Easy
10/05/07
Construction is underway on the first Fresh & Easy grocery store in the Coachella Valley. The store is part of Shadow Hills Plaza, located at the northwest corner of Jackson St and Avenue 42 in North Indio. The new concept is...
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• AMB Cooks Up 564k sf Lease with Weber for Inland Empire Space
10/04/07
Weber Distribution, a third part logistics provider (not the BBQ manufacturer), has inked a 10-year lease for 564k sf of space at AMB Redlands Distribution Center, a 1.3 msf warehouse under development in Redlands, an Inland ...
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• DBN Breaks Ground on San Jacinto Medical Condo Project
9/28/07
DBN Development LLC, a Laguna Hills-based developer, has broken ground on Parkside Medical Center, a multi-phased state-of-the-art medical office condo complex in San Jacinto. Parkside is located on the corner of Palm and Esp...
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• Atlanta Buyer Takes $92 Mil Swing at El Rivino Golf Course
9/24/07
Atlanta-based Oakmont Industrial Group has acquired the 192-acre El Rivino Golf Course in the Crestmore area of San Bernardino County, along with surrounding properties in Rialto. The course is located at the northwest corner...
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