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• Western Spire Pays $6,78 Mil for 1.8-Acre Development Site in Rancho Cucamonga
3/29/23
Western Spire paid $6.78 mil for a 1.82-acre multifamily development site at the northwest corner of Red Oak St and Spruce Ave in Rancho Cucamonga. The property is within City Center, an area of Rancho Cucamonga zoned for fut...
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• Inland Empire Absolute NNN Ground Lease of a Dutch Bros Coffee Drive-Thru Goes for $2.3 Mil
3/22/23
A Los Angeles-based private investor paid $2.3 mil for the absolute NNN ground lease of a brand-new construction, single-tenant property occupied by Dutch Bros Coffee Drive-Thru in the Inland Empire. The property is part of H...
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• New Riverside Distribution Facility Leased to Logistics Plus Warehousing & Fulfillment
3/21/23
Construction has been completed on the second phase of Columbia Business Park, a 374k sf distribution facility that has been fully leased. The tenant, Logistics Plus Warehousing & Fulfillment Inc, a third-party logistics comp...
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• Sakioka Farms Pays Over $500/sf for Ontario Retail Center
3/21/23
Sakioka Farms purchased New Haven Marketplace, a newly constructed, 95k sf grocery-anchored shopping center located in Ontario, for $54.3 mil ($ 572/sf). The seller was Frontier Real Estate Investments.
New Haven Marketplace...
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• Ontario Retail Center Trades in $54 Mil Deal
3/17/23
New Haven Marketplace, a 95k sf, grocery-anchored shopping center in Ontario, traded for $54 mil ($568/sf). The property is located at 3420 E. Ontario Ranch Rd, west of I-15 and south of Hwy 60.
Built in 2020, New Haven Mark...
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• Private Investor Pays $245/sf for San Bernardino Retail Building Occupied by Office Depot
3/15/23
A 20k sf retail building in San Bernardino traded at a price of $4.9 mil ($245/sf). The building, located at 675 E. Hospitality Lane, is leased to Office Depot.
The property is situated between Home Depot and Aldi within the...
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• Bridge Industrial Has Nearly 4 msf of New Industrial Development Scheduled for Delivery in 2023
3/15/23
Bridge Industrial continues to be one of the most active industrial developers in California. The firm currently boasts a development pipeline in Southern California and the Bay Area of nearly 4 msf of state-of-the-art indust...
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• RENTV's 2023 Inland Empire State of the Market Conference is on Tuesday, May 9 at the Embassy Suites by Hilton Ontario Airport Hotel
3/14/23
The event will feature high-powered panels of top local executives and dealmakers discussing the Office, Retail, Industrial, Multifamily and Finance markets throughout the Inland Empire. The conference will open for registrat...
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• Lovett Industrial Lands $25 Mil for Construction of Inland Empire Industrial Development
3/13/23
Lovett Industrial has obtained $24.93 mil in construction financing for the development of Rialto II, a 114.1k sf, Class A industrial development in Rialto. Once completed Rialto II will comprise 36-foot clear heights, two gr...
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• Menifee Industrial Development Land Trades for $61 Mil
3/10/23
Patrinely Group acquired Scott Road Commerce Center’s Phase II, a large-scale, fully entitled (shovel-ready) 33.86-acre development site in Menifee entitled for 544.1k sf of Class A, industrial product. The property was sold ...
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• Westport Properties Buys 700-Unit Self-Storage Property in Chino
3/10/23
Westport Properties purchased a 701-unit self storage facility located at 13555 Ramona Ave in Chino, California. With over 13.2 msf of self storage facilities, the company will rebrand this facility under its US Storage Cent...
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• Inland Empire Industrial Land Sold in $39 Mil Transaction
3/08/23
In a notable Inland Empire land buy, Alere Property Group LLC picked up 17.42 acres of industrial zoned land in Fontana in a recent $38.9 mil transaction. The site is located at 13592 Slover Ave in the Inland Empire West subm...
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• MIG Buys 157k sf Inland Empire Industrial Project
3/03/23
MIG purchased Gifford Business Park, a 156.7k sf, seven-building industrial business park in the Inland Empire submarket of San Bernardino, for $26 mil, or $166/sf. Located at 750-760 E. Central Ave and 765-791 S. Gifford Ave...
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• Hillwood Investment Properties and CBRE Investment Management are Buying 433 Acres in the Inland Empire for $544 Mil
3/02/23
Hillwood Investment Properties and CBRE Investment Management are acquiring 433 acres of land in Fontana for development of up to 6.6 msf of modern logistics facilities in the Inland Empire. The land, located at 9300 Cherry ...
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• Investor Spends $3.2 Mil on New Inland Empire Quick Quack Car Wash Ground Lease
2/28/23
A private investor based in Rancho Palos Verdes purchased a new construction Quick Quack Car Wash in Moreno Valley, in a $3.2 mil absolute triple-net ground lease. The sale closed three months prior to the tenant’s formal ren...
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• 2022 Sets Record for Million sf+ Industrial Leases
2/28/23
This report provided by CBRE
Demand for industrial & logistics warehousing space is driving an increase in mega-warehouses, according to a new CBRE report. The largest 100 industrial lease transactions in 2022 included an ...
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• Westport Properties Spends $19 Mil on Inland Empire Self-Storage Asset
2/23/23
Irvine-based Westport Properties Inc picked up Chino Mini Storage, an 80.9k sf
self-storage facility in Chino for $18.8 mil.
Located at 13555 Ramona Ave, Chino Mini Storage consists of 13 buildings with 701 self-storage unit...
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• Investor Spends $9 Mil on Inland Empire Industrial Development Parcel
2/22/23
Windsor Exchange, an investor and developer based in Canada, has acquired a 15.63-acre land parcel located in the Inland Empire submarket of Moreno Valley for $9.1 mil. The potential industrial development parcel, located at ...
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• Two New 7-Eleven Stores in Riverside County Trade in Deals Totaling Over $10 Mil
2/22/23
Two new properties leased by 7-Eleven in Riverside County has been pre-sold to different buyers in deals totaling $10.15 mil.
In one of the transactions, a private investor from San Bernardino paid $5.15 mil for a new constr...
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• New Inland Empire Retail Center Lands $13.4 Mil Refi
2/17/23
Ledo Capital Group has secured a refi loan of $13.4 mil on The District Moreno Valley, a new, 52.1k sf, Sprouts-anchored retail center located in Moreno Valley. Completed in 2022, The District Moreno Valley is anchored by Spr...
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