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December 4, 2020
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INLAND EMPIRE NEWS
Archive
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• $600+/sf Victorville CVS Sale is a LandMark Deal
9/02/11
A freestanding, 12.9k sf CVS/pharmacy in the city of Victorville sold for $7.95 mil, or around $615/sf. The single-tenant building is located at 14426 Palmdale Rd, within El Evado Plaza shopping center. We’re told that the tr...
Price: $4.99
Executive Subscriber Price: Free
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•  BlackRidge Closes Industrial Buys in Chino and Phoenix
8/31/11
BlackRidge Real Estate Group LLC recently acquired two industrial properties, one in Chino and another in Phoenix. The firm also announced that it has consolidated and expanded its operations and relocated its headquarters f...
Price: $4.99
Executive Subscriber Price: Free
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• Murrieta Office Market Attracting Global Investors
8/30/11
In a Murrieta office buy, Global Building LLC purchased a 55.4k sf multi-tenant building on 2.86 acres. Global is a commercial real estate development and investment company with offices in California, Texas and Washington. ...
Price: $4.99
Executive Subscriber Price: Free
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•  Corona is a Good Place for a Newcastle
8/25/11
Newcastle Partners Inc and capital partner HG Capital LLC have acquired Corona Gateway, a three-story, Class A office building totaling 68k sf. Built in 2008, the property is located at 4740 Green River Rd directly off the 9...
Price: $4.99
Executive Subscriber Price: Free
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• CT Realty Closes Big Industrial Buy in Riverside County
8/23/11
CT Realty Investors Inc has acquired Dowling Orchard Business Park, which includes two new state-of-the-art industrial warehouse buildings totaling 572.1k sf as well as 30 acres of land entitled for another 611k sf building. ...
Price: $4.99
Executive Subscriber Price: Free
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• Chinese Investors Pick Up Temecula Retail Center
8/23/11
A Rowland Heights investor paid $5.65 mil for a fully occupied 14.5k sf ($390/sf) retail property located at the entrance of Promenade Temecula, a 1.14 msf regional mall in Temecula. Built in 2000, the property is situated on...
Price: $4.99
Executive Subscriber Price: Free
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• Overton Moore Acquires 18-Acre Fontana Site for New Development
8/19/11
Overton Moore Properties just acquired an 18-acre site in Fontana, on which they plan to develop a 454k sf Class A Industrial Building, to be called OMP Fontana Distribution Center. The price was not disclosed. The single-te...
Price: $4.99
Executive Subscriber Price: Free
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• State-of-the-Art Freezer Facility Sells for $91 Mil
8/18/11
Here’s the news on a big Inland Empire industrial buy we just learned about, as Cole Real Estate Investments purchased a newly completed 496k sf freezer facility in Riverside for $91.5 mil ($185/sf). The LEED-certified buildi...
Price: $4.99
Executive Subscriber Price: Free
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• Corona Retail Center Lands $17 Mil in Financing
8/15/11
Cassidy Turley BRE Commercial’s Capital Markets Group arranged a $17.1 mil loan for Eagle Glen Plaza, a 95.8k sf shopping center in Corona. Goldman Sachs Commercial Mortgage Capital provided the financing, a five-year, fixed ...
Price: $4.99
Executive Subscriber Price: Free
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•  Industrial Income Trust Acquires 300k sf Ontario Industrial Building
8/15/11
Industrial Income Trust purchased a 300.2k sf Ontario industrial building for $24.05 mil, or about $80/sf. Located at 1950 Sterling Ave, north of Hwy 60 and west of I-15, the building is 100 percent leased for 10 years to Bo...
Price: $4.99
Executive Subscriber Price: Free
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• Victorville CVS Property Trades for Over $600/sf
8/11/11
A 12.9k sf, single tenant NNN-leased property occupied by CVS Pharmacy in the city of Victorville traded hands in a recent sale valued at $7.95 mil. The property, located at 14426 Palmdale Rd, west of I-15, was acquired by a ...
Price: $4.99
Executive Subscriber Price: Free
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• Morningside Closes Imperial Acquisition
8/10/11
Morningside Ventures LLC has purchased a 14-acre partially completed residential subdivision in Imperial. The land features 15 single-family homes in various stages of construction, as well as multiple finished lots with foun...
Price: $4.99
Executive Subscriber Price: Free
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• Mountain Adds a Village in Riverside
8/08/11
Mountain Real Estate Capital (MREC) has acquired Village III within the Riverwalk Vista master plan in Riverside. MREC purchased the asset directly from Bank of the West and will be retaining Artisan Communities to complete t...
Price: $4.99
Executive Subscriber Price: Free
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• Major Renovation Nearing Completion at Ontario Industrial Facility
8/05/11
CapRock Partners is wrapping up renovation work on 500 S. Rockefeller Ave, a 57k sf industrial facility in Ontario. The building will be ready for occupancy this month. CapRock acquired the property in March from the previo...
Price: $4.99
Executive Subscriber Price: Free
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• Desert Hot Springs Selects NAI Capital for Leasing Assignment
8/03/11
The City of Desert Hot Springs, CA has awarded the commercial leasing assignment for their Community Redevelopment Agency to NAI Capital. As part of the assignment, the Palm Desert office of NAI Capital will represent the cit...
Price: $4.99
Executive Subscriber Price: Free
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• Fontana Warehouse Facility Fetches $25 Mil
8/03/11
A 410k sf, Class A industrial warehouse in Fontana recently traded hands in a transaction valued at around $25 mil ($61/sf). The property is located at 10721 Jasmine St in the West Inland Empire submarket. Anna’s...
Price: $4.99
Executive Subscriber Price: Free
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• Rancho Cucamonga Logistics Lease Averages $0.30/sf/mo
8/01/11
Here’s a comp on a recent Inland Empire logistics space lease, as Rancho Logistics LLC inked a five-year, $3.1 mil deal for a 172.6k sf ($0.30/sf/mo) facility in Rancho Cucamonga. The property is located at 11671 Dayton Dr, w...
Price: $4.99
Executive Subscriber Price: Free
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•  La Quinta Multifamily Asset Sells for Just Under $20 Mil
7/28/11
The Clubhouse, a 149-unit apartment community in La Quinta, recently traded hands at a price of $19.5 mil ($131k/unit). Built in 2007, The Clubhouse is located at 80-175 Ave 52m south of Hwy 111 and just east of Jefferson St...
Price: $4.99
Executive Subscriber Price: Free
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• Hispanic Grocery Chain Takes 32k sf Space at Ontario Retail Center
7/27/11
Hispanic grocery chain Cardenas has leased a 32k sf retail space at Vineyard Plaza Shopping Center in the City of Ontario. The space Cardenas has leased is currently occupied by Ralphs, which has been at that location since 1...
Price: $4.99
Executive Subscriber Price: Free
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• Recent Industrial Sales in Pomona and San Bernardino Portend Increasing User Demand
7/26/11
Seventh Street Development recently closed two industrial building sales, in Pomona and San Bernardino, both to local manufacturing companies. In the Pomona deal, Eden Equipment Company paid $2.2 mil for an 18.5k sf ($119/sf)...
Price: $4.99
Executive Subscriber Price: Free
more » 



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