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• Master Development Signs New Tenant to The Sharper Image’s 269k sf Ontario Space
8/03/09
We recently heard about a sizable Inland Empire industrial signing that we thought you might want to know about. Master Development Corp (MDC) signed a new tenant to a six-year, $3.5 mil lease at 1545 E. Locust St in Ontario....
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• Riverside Retail Property Sells for $3.8 Mil
8/03/09
Copper Lantern Center, a 34.6k sf, multi-tenant shopping center in Riverside, sold for $3.8 mil ($110/sf). The property is situated on 3.4 acres at 8151-8201 Arlington Ave, at the signalized intersection of Arlington Ave and ...
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• 1.2 msf Inland Empire Spec Project Earns LEED Silver Certification
7/31/09
Five Hillwood-developed buildings totaling more than 1.2 msf at Interchange Business Center in San Bernardino have earned LEED (Leadership in Energy and Environmental Design) Silver certification from the U.S. Green Building ...
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• Myers Powers into $14.6 Mil Inland Empire Industrial Buy
7/28/09
Even in these tough times, manufacturers are finding ways to acquire Inland Empire distribution facilities when the deal makes sense. In a very recent example, Myers Power Products acquired a 221.9k sf state-of-the-art manufa...
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• Continental Tire Leases Majority of New Inland Empire Facility
7/21/09
In the latest significant leasing news out of the Inland Empire, Continental Tire North America Inc (CTNA) agreed to a deal for 498k sf of distribution space within a recently completed 600k sf facility at ProLogis Park Redla...
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• Premier Business Centers Expands into the Inland Empire
7/20/09
Premier Business Centers, the big Irvine-based executive suites operator, has expanded into the Inland Empire after entering into a management contract with Bear Gulch Properties Inc to manage and operate the executive office...
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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 Group’s 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 LEED® 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...
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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...
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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 SoCal’s 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 District’s (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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