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September 28, 2020
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INLAND EMPIRE HEADLINES
SoCal Starbucks Trades for $1,176/sf
9/23/20
3.2k sf single-tenant property is part of Lake Elsinore Marketplace

Temecula Raising Cane’s Trades for $1,728/sf
9/22/20
SoCal buys pays $6.8 mil for 3.9k sf single-tenant property



Wood Investments Companies Buys Single-Tenant Retail Asset in Chino Hills
9/18/20
28k sf building is occupied by 99 Cents Only Stores and is in the Chino Hills Parkway shopping center

Rockefeller Group Acquires 30 Acres in Riverside County for 623k sf of Industrial Development
9/16/20
Firm to construct spec buildings of 289k sf and 333k sf in size

Inland Empire Industrial Park Trades Hands
9/15/20
Investor exchanges into 139k sf Moreno Corporate Center

Advanced Real Estate Services Secures $240 Mil in Refi Money on Six SoCal Multifamily Assets
9/14/20
NorthMarq Capital arranges new Fannie Mae and Freddie Mac loans

Low Income Housing Complex in Needles Trades for $28k per Unit
9/11/20
Deal is for 81-unit River Garden Apartments

SoCal Industrial Sales Comp Total $15 Mil
9/11/20
Deals are in Fullerton and Murrieta

Private Investor Pays $392/sf for Rite Aid Building in the Inland Empire
9/10/20
Desert Hot Springs property fetches $4.8 mil

Exchange Investor Pays $4 Mil for Corona Industrial Building
9/10/20
22.5k sf facility constructed in 1990

Royal Gourmet Corp Leases 65k sf of Industrial Space in the Inland Empire
8/21/20
Grilling products firm signs deal at Hunter Highland Corporate Center in Riverside

North American Commercial Real Estate Market Reacts Sharply to Economic Downturn
8/13/20
Transwestern and Devencore share the results of their Midyear Market Sentiment Survey

Private Investor Buys 18-Unit Res Property in Fontana
8/07/20
Deal works out to about $147k per unit

Riverside Office Building Sells for $16 Mil
8/06/20
44k sf asset sold by Dornin Investment Group

El Centro Apartment Property Gets New Owner in $9.6 Mil Deal
8/05/20
75-unit asset goes for $128k/unit

SoCal Investor Pays over $500/sf for Multi-Tenant Pad Building at Lake Elsinore Marketplace
8/05/20
7.2k sf property sold by Pacific Castle

AJ Rental Inc Spends $2.6 Mil on Inland Empire Industrial Asset
7/30/20
Three-building, 13k sf property in Perris trades for $198/sf

Local Investor Spends Over $5 Mil on Two Buildings at Grocery Anchored Center in Corona
7/28/20
Multi-tenant assets are part of 56k sf Village Grove Plaza

Commerce Square Biz Park in Riverside Gets New Owner in $14 Mil Deal
7/28/20
129k sf complex sold by Colony Capital

Condor Cold Storage Buys 99k sf Facility in Corona
7/24/20
Deal is financed with $8.6 mil loan arranged by CBRE

Advanced Real Estate Services Spends $26 Mil on 120-Unit Res Asset in Riverside
7/16/20
Firm also refis loans on five other assets and forms a new investment fund

Inland Empire’s East Valley Industrial Market Saw Strong Activity and Absorption in 2nd Quarter of 2020
7/09/20
Just-released report from Lee & Associates Riverside shows region still holding up in light of the “new normal”

Orbis Real Estate Partners Purchases 5.87-Acre Development Site in Perris
7/09/20
Firm planning to develop a 275k sf distribution building on the land

The Krausz Companies Spends $13.45 Mil on Single-Tenant Building in San Bernardino
7/08/20
50k sf property occupied by the County of San Bernardino

OC Investor Buys Corona Car Wash Property in $5.7 Mil Deal
7/08/20
Freestanding asset is on a outparcel to 270k sf Corona Hills Marketplace

Rexford Industrial Realty Closes on Five SoCal Buys Totaling $73 Mil
7/06/20
Recent deals combine for 434k sf of space



 


 


 
 
 



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