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• Village Partners Ventures and The Bascom Group Secure Land and Financing for Mixed-Use Project in Montclair
1/05/22
Village Partners Ventures LLC and The Bascom Group LLC have teamed up on a construction loan and a $10 mil land buy in Montclair to develop a mixed-use project named Village at Montclair. The development, sitting on six acres...
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• Inland Empire Shell/Circle K Gas, Store and Car Wash Property Trades in $9.3 Mil Transaction
1/05/22
A private investor paid $9.34 mil for a Shell Gas Station, Circle K Convenience Store and Car Wash in Jurupa Valley. The purchase included both the business and the real estate.
Located at 3873 Pyrite St, directly off the h...
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• Two Retail Properties in Chino Hills Trade in Separate Deals Totaling $19 Mil
1/04/22
There have been two Chino Hills multi-tenant retail property sales to report, in deals totaling just over $19 mil. The properties -- Chino Hills Grand Plaza and Gateway Village -- were acquired by separate buyers. They combin...
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• Jupiter Holdings Tilts Walls on 84k sf Industrial Facility in Menifee
1/03/22
Jupiter Holdings LLC recently completed tilting walls for its newest Building 2, an 84.3k sf industrial building in the south Riverside County city of Menifee. The building is located at 33360 Zeiders Rd, just off I-215 south...
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• L.A. Multifamily Investor Lands $93 Mil in Financing on Three Inland Empire Properties
12/31/21
An L.A.-based investor has obtained $92.7 mil in debt and equity financing for a 397-unit multifamily portfolio consisting of three properties in the Inland Empire. The transactions consisted of refinancings for two of the pr...
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• Greystar Real Estate Partners Buys 264-Unit Res Community in Riverside
12/22/21
Greystar Real Estate Partners purchased Viano at Riverwalk, a 264-unit apartment complex in Riverside. The property was sold by Griffin Living, a nationally recognized leader in senior living, multi-family, and retail develop...
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• Overseas Investor Pays $373k per Unit for Multifamily Asset in Ontario
12/17/21
Hallmark at Mission, a 75-unit multifamily community in Ontario, recently traded to a private foreign investor for $28 mil, or $373.3k/unit, in an all-cash transaction. Located at 840 S. Magnolia Ave, the four-story property ...
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• Cold Storage Facility in Colton Gets New Owner After $7.5 Mil Sale
12/17/21
A 45k sf cold storage manufacturing facility in Colton sold for $7.5 mil ($167/sf). Built in 1984, the structure sits on 4.28 acres at 1750 N 8th St.
The property features a food processing plant including cold storage. It a...
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• Duke Realty Locks Up Long-Term Tenant for 1.2 msf Spec Logistics Facility
12/16/21
Lecangs LLC signed a long-term lease for a 1.2 msf, spec logistics development on 55.2 acres in the Inland Empire East submarket, one of the nation’s top industrial markets. The project is scheduled for completion by the end ...
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• Stos Partners BuysVacant 139k sf Industrial Building in Jurupa Valley
12/16/21
Stos Partners paid $19.8 mil for a vacant 139k sf ($142/sf) industrial building located at 10220 San Sevaine Way in Jurupa Valley.
Built in 1986 and situated on 8.24 acres, the asset includes approximately 7k sf of office s...
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• Grocery Outlet Takes 21k sf Space at La Quinta Retail Center
12/07/21
Grocery Outlet inked a 10-year lease of a 21k sf space at La Quinta Village Shopping Center, located at Washington St and Calle Tampico in the city of La Quinta. The lease value was not disclosed.
La Quinta Village Shopping ...
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• Single-Tenant Walgreens in Lake Elsinore Sells for $10.5 Mil
12/03/21
In a recent single-tenant investment buy in Lake Elsinore, a 13.7k sf, net-leased building occupied by Walgreens sold for $10.5 mil, or $766/sf. Built in 2011, the building is situated on 1.36 acres at 160 Diamond Dr, at the ...
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• Corona Lifestyle Center Gets New Owner in $47 Mil Transaction
12/03/21
The Shops at Dos Lagos, a 351.2k sf lifestyle shopping center in Corona, was acquired by Barret Woods & OERP LLC in a recent $47.375 mil ($135/sf) transaction. Built in 2006, the property is located at 2780 Cabot Dr, within t...
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• Temecula Golf Club Trades in $4.65 Mil Deal
12/02/21
Cross Creek Golf Club, an Arthur Hill designed, 18-hole Cross Creek Golf Club in Temecula, was purchased by a Temecula-based private investor for $4.65 mil. The property, located at 43860 Glen Meadows Rd, was sold by ANB Ente...
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• Pair of SoCal Industrial Leases Total Over 600k sf of Space
11/23/21
We’ve learned of two major SoCal industrial leasing transactions, totaling over 600k sf, which we’ll mention here.
In one, DNA Motor signed a lease for the entire 350k sf building at 20301 E. Walnut Drive North in City of In...
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• Tricon Residential Inc, Foremost Pacific Group and Woodbridge Pacific Group Companies Start Work on Wildomar Res Community
11/22/21
Tricon Residential Inc, Foremost Pacific Group and Woodbridge Pacific Group Companies broke ground on Bacara, a 170-unit, modern Spanish townhome single-family rental community in Wildomar. The new, family-friendly townhome c...
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• Richmond American Homes Buys Final 261 Single-Family Lots within Menifee Master-Planned Community
11/17/21
Richmond American Homes has purchased the final 261 single-family lots within the Braverde master-planned community in Menifee. The finished lots were sold by IHP Capital Partners. The transaction is the homebuilder’s second...
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• Avanath Capital Management Picks Up Corona Senior Multifamily Community in $65 Mil Deal
11/17/21
In a multifamily buy from about a month or so ago, Avanath Capital Management LLC has acquired River Run Senior, a 360-unit senior affordable housing community in Corona. The transaction had a price tag of around $65 mil ($18...
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• LuxView Properties Secures $93 Mil for Redlands Residential Development
11/11/21
LuxView Properties has obtained $93 mil in preferred equity and construction financing for the development of Venue at Orange, a 328-unit, wood-frame, garden-style multi-housing community in Redlands. The financing was arrang...
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• Investors Trade Hemet Retail Asset for $9.5 Mil
11/10/21
Shops at KPC Towne Centre, a three-building, 20.2k sf retail property in Hemet, was acquired by a Los Angeles-based private investor for $9.55 mil ($473/sf). The fully occupied center sits on two acres at 2375 – 2465 W. Flori...
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