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June 10, 2023

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INLAND EMPIRE HEADLINES

CapRock Partners Wraps Up Work on Two Inland Empire Industrial Projects
6/06/23

Palomino Ranch Business Park Phase I and Saddle Ranch South add over 1 msf of space in Norco

Rancho Cucamonga Office Building Trades in $22 Mil Transaction
6/01/23

Buyer to convert the structure to medical office space

The Landmark Company Acquires Just Under Five Acres in Upland for Development
5/31/23

Firm to build 64-home res project with Century Communities

Corona Quick Quack Car Wash Ground Lease Deal Closes at 4.4% Cap Rate
5/18/23

Sale is part of break-up strategy for 12.4k sf Parkridge Plaza

Meet the Inland Empire Experts from RENTV's State of the Market Conference
5/17/23

Here are pics of the speakers from our recent event.

Archway Equities Closes $150 Mil Multifamily Buy in the Inland Empire
5/17/23

Firm buys 385-unit The Paseos at Montclair North

Neighborhood Center in Temecula Trades for $28 Mil
5/17/23

Deal is for most of Meadows Village Center

Private Investor Spends $15 Mil on Two SoCal Chick-fil-A Ground Lease Properties
5/17/23

Assets are in Palm Desert and Mission Viejo

San Bernardino Apartment Portfolio Sells for $152k/Unit
5/12/23

Deal consists of three properties with a combined 79 units

Inland Empire Strip Center Goes for $348/sf
5/12/23

Investor spends $6 mil on 17k sf Fontana property

Ontario Multifamily Asset Trades for $50 Mil
5/12/23

The Landing Apartments fetches $324k/unit

Imperial Valley 7-Eleven Ground Lease Fetches $2.4 Mil
5/09/23

2.9k sf store was built in 2021

Birtcher Development Breaks Ground on 330k sf Distribution Center in Fontana
5/08/23

Project is being done in partnership with Oltmans Construction and Tomorrow’s Talent

Inland Empire Logistics Campus Trades in $325 Mil Transaction
5/02/23

Foreign investor buys 728k sf Corona Lakeside Logistics Center from Kearny Real Estate Company

Single-Tenant Sherwin-Williams Store in Beaumont Sells for $3.24 Mil
5/02/23

4k sf retail building closes at 4.5% cap rate

Newly Constructed San Bernardino Res Project Sells for Over $300k/Unit
4/28/23
$21.5 mil deal is for Loma Villas

Covina Investor Spends $39.6 Mil on Trio of SoCal Industrial Properties
4/27/23

Assets traded are located in Carlsbad, Nipomo and Chino

NewMark Merrill Companies’ San Diego Office Celebrates 20 Years
4/26/23
Division has over $1 bil in shopping centers under management throughout San Diego, Riverside and Orange Counties

First Industrial Realty Trust Pays Over $5 Mil for Ontario Facility
4/26/23

15k sf building sits on over two acres of land

Wood Investments Companies Picks Up Former Kmart Building in Big Bear Lake
4/25/23

Firm to redevelop structure into 80k sf multi-tenant retail center

Historic Renovation/Redevelopment Project Leaves Its Mark in Riverside
4/25/23

Work completed on residential and retail building in city’s historic core

Industrial Construction in the Inland Empire Catching Up to Demand
4/20/23
NAI Capital Commercial provides First Quarter Market Outlook for the region

Rialto Multifamily Trade Works Out to $166k/Unit
4/19/23

Deal is for 41-unit Jackson Apartments

Fast5Xpress Car Wash in Ontario Sells for $3.5 Mil
4/18/23

Deal is for 35-year, absolute NNN ground lease

Sky Zone Leases Rancho Cucamonga Space
4/17/23

Indoor entertainment park takes 30.7k sf at Foothill Marketplace

Affordable Housing Project Gets Underway in Ontario
4/17/23

50-unit second phase of Emporia Housing is a development of Related California and is being built by R.D. Olson Construction

Rockefeller Group to Develop 415k sf Spec Industrial Project in Surprise, AZ
4/13/23

Firm spends $12 mil on 25-acre parcel for the development

Sunrise Management Awarded Management Assignment for Two SoCal Multifamily Communities
4/10/23

Arte and Arte West are owned by Providence Capital Group

Western Spire Pays $6,78 Mil for 1.8-Acre Development Site in Rancho Cucamonga
3/29/23

Buyer to build multifamily on the land

Inland Empire Absolute NNN Ground Lease of a Dutch Bros Coffee Drive-Thru Goes for $2.3 Mil
3/22/23

New 871 sf store is part of Highland Village Shopping Center in Fontana

New Riverside Distribution Facility Leased to Logistics Plus Warehousing & Fulfillment
3/21/23

374k sf structure is phase II of Columbia Business Park

Sakioka Farms Pays Over $500/sf for Ontario Retail Center
3/21/23

$54 mil deal is for 95k sf New Haven Marketplace

Ontario Retail Center Trades in $54 Mil Deal
3/17/23

95k sf New Haven Marketplace goes for $568/sf

Private Investor Pays $245/sf for San Bernardino Retail Building Occupied by Office Depot
3/15/23

20k sf structure is in the Tri City Commons/Hospitality Lane District

Bridge Industrial Has Nearly 4 msf of New Industrial Development Scheduled for Delivery in 2023
3/15/23

The company has a portfolio of over 9.5 msf in the state

Visit the Inland Empire News Archive