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September 23, 2021
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INLAND EMPIRE HEADLINES
Commercial Financing Briefs
9/23/21
Recent transactions from Greystone, George Smith Partners, NorthMarq and Cushman & Wakefield

Colton Commercial Property Trades for $187/sf
9/21/21
47k sf asset was 93% occupied at time of sale



Rexford Industrial Realty Wraps Up $250 Mil in SoCal Industrial Buys
9/17/21
Latest deals cover four properties totaling 837k sf of space

DSW Distribution Center Signs Renewal and Expansion Leases at Adjacent Rancho Cucamonga Facilities
9/10/21
Cold storage provider to occupy 190k sf of space in buildings owned by UBS Realty Investors



Inland Empire Multifamily Portfolio Trades in Multiple Deals Totaling $14.4 Mil
9/09/21
Seven properties are located in Ontario, Riverside, Calimesa, Lake Elsinore, Colton and Mentone

Community Housing Opportunities Corporation Close to Moving Forward with 60-Unit Affordable Housing Project in Palm Springs
8/30/21
The Monarch Apartment Homes was designed by locally based Interactive Design Corporation

Nuveen Real Estate Buys 237k sf Inland Empire Industrial Facility
8/27/21
Ontario building sold by Myers Power Products in a sale/leaseback deal

The Voit Company Breaks Ground on 87k sf Rialto Industrial Project
8/23/21
Renaissance Commerce Center will consist of three single-tenant buildings

Worldwide Material Handling Buys 135k sf Inland Empire Industrial Facility from Hillwood
8/20/21
Newly built property trades for $21.5 mil

Private Investors Trade Palm Desert Medical Office Building
8/18/21
9.3k sf property goes for $462/sf

Rexford Industrial Realty Spends $115 Mil on Trio of SoCal Properties
8/13/21
Latest acquisitions include a Fullerton redevelopment site, a 107k sf Rancho Cucamonga facility and a 22-acre L.A. area storage site

Duke Realty Acquires 766k sf Inland Empire Logistics Facility
8/10/21
Building is fully leased to Toyo Tire Holdings of America

U.S. Industrial Market Posts 100 msf Positive Net Absorption for 3rd Qtr 2021
8/09/21
Top markets in the country include Dallas-Fort Worth and the Inland Empire

Ontario Office Building Gets New Owner at Price of $200/sf
8/06/21
Zion Enterprises buys 45k sf building constructed in 2006

Draftsmen & Craftsmen
8/06/21
Work Finished on Mt. San Jacinto College’s 350k sf Temecula Valley Campus

Tower 16 Capital Boosts Inland Empire Res Portfolio with the Purchase of Two Properties in Moreno Valley
8/06/21
Sienna Pointe Apartments and Heacock Park Apartments total 504 units

Moreno Valley Retail Asset Goes for $8.3 Mil
8/05/21
80k sf Lakeshore Village Marketplace includes an additional site and offers a value-add opportunity

Riverside Office Building Sells for $11.4 Mil
8/03/21
Asset was part of a five-building portfolio acquired by Dornin Investment Group in 2018

Wood Investments Companies Buys 19.6 Acres in New Ontario Ranch Master-Planned Community
8/02/21
Land to be used for development of a 200k sf retail center

Single-Tenant Showroom Facility in the Inland Empire goes for $230/sf
7/29/21
18.6k sf building is within MS Prime Six Business Park in Riverside

Inland Empire Acapulco’s Restaurant Trades for $644/sf
7/28/21
Single-tenant asset in Moreno Valley bought for $4.83 mil in all-cash deal

Inland Empire Industrial Market has Strong Second Quarter 2021
7/23/21
Brief mid-year review from NAI Capital shows demand is soaring

Stos Partners Venture Picks Up Pomona Industrial Asset
7/21/21
183k sf facility goes for $122/sf

Moreno Valley Biz Park Sells in $20 Mil Transaction
7/20/21
Vertical Ventures Capital buys 139k sf Moreno Corporate Center

Investors Trade Two Palm Desert Multifamily Properties in $8.8 Mil Deal
7/19/21
Trade works out to $160k/unit

Tesla Leases New 322k sf Industrial Facility in the Inland Empire
7/19/21
San Bernardino building is a development of Alere Property Group

Birtcher Development Starts Work on 125-Acre, SoCal Industrial Project Targeted to Big Box Tenants
7/16/21
Birtcher Oak Valley Commerce Center in Calimesa will consist of four Class A buildings

Private Investor Exchanges into $7.6 Mil Inland Empire Retail Center
7/14/21
16.3k sf Heritage Crossings in Fontana goes for $466/sf

Historic Riverside Office Building Sells for $6.15 Mil
7/08/21
Loring Building trades between local investors

Starbucks Drive-Thru Anchored Building in the Inland Empire Sells for Over $900/sf
7/07/21
Three-tenant property in San Bernardino was built in 2020

Trio of Inland Empire Industrial Leases Total over 200k sf
7/07/21
Chino and San Bernardino deals were with Sunset Pacific Transportation, Cargo Link Logistics and HSL Worldwide Lighting Corporation



 


 


 
 
 



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