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January 31, 2023

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INLAND EMPIRE HEADLINES

Paladin Equity Capital Acquires 1.7 Acres in San Bernardino for a Hotel Project
1/30/23

Firm to develop an Everhome Suites extended stay hotel on the land

Birtcher Development Lands Entitlements for 330k sf Inland Empire Industrial Project
1/24/23

Birtcher Logistics Center Fontana expected to be completed in early 2024

Newly Constructed Menifee Retail Center Sells for almost $600/sf
1/20/23
Sale is of 42k sf Center Pointe

Inland Empire East Valley Industrial Market Enjoyed Continued Momentum in Fourth Quarter 2022
1/10/23
Latest report from Lee & Associates points to possible slowdown

MGR Real Estate Closes $39 Mil Inland Empire Office Buy
1/09/23

Deal is for 148k sf Ontario Airport Tower

Sunrise Brands Inks Lease for New 446k sf Facility at Tejon Ranch
1/09/23

Yet-to-be-constructed building part of Tejon Ranch Commerce Center

ATV Manufacturer Buys Three-Building Industrial Campus in Jurupa Valley
12/21/22

Purchase consists of 90k sf of space on five-acre property

GLP Capital Partners Completes $90 Mil Inland Empire Purchase
12/21/22

Firm picks up 355k sf industrial facility in Perris

Chino Designated as One of the Top Ten “Boomtowns” in the Nation
12/15/22
SoCal city has seen 30% growth in population and 42% increase in median HHI over the past five years

Adjacent Single-Tenant Retail Properties in Riverside Trade in $4.22 Mil of Deals
12/12/22

Buildings go for $920/sf and $614/sf

Inland Empire Industrial Facility Acquired for $59 Mil by Ares Management Fund
12/12/22

205k sf building sits on over nine acres in Perris

Inland Empire Distribution Facility Trades in $220 Mil Deal
12/06/22

NFI Industries buys 760k sf, single-tenant asset in Eastvale

Private Investor Spends $11.25 Mil on Palm Springs Affordable Housing Community
11/28/22

44-unit Sunnyview Villa Apartments goes for $255k/unit

Westport Properties to Develop 100k sf Inland Empire Industrial Facility
11/22/22
Firm to break ground in Q3 2023 on Perris project

Fully Leased Neighborhood Center in Chino Goes for $8.4 Mil
11/18/22

Purchase includes 20.6k sf structure and 2.5 acres of undeveloped land

Dunleer Spends $8 Mil for 43k sf of Industrial Space in the Inland Empire
11/10/22
Purchase is of 11 buildings in Upland

Target Leases Former Kmart Space in Ontario
11/10/22

Retailer takes 70k sf at Vineyard Freeway Center

Planned Inland Empire Truck Terminal Project Lands $25 Mil in Construction Money
11/10/22

Buchanan Street Partners entity provides loan for 53k sf development in Perris

The Roxborough Group LLC and Cress Capital Pick Up 100k sf Inland Empire Facility
10/27/22

Modern industrial building is in Chino

California’s Inland Empire Home to Nation’s “Youngest” Warehouse Inventory
10/25/22
CBRE research shows that industrial development at record level to accommodate growing demand for modern facilities

Two Outparcels to Chino Retail Center Trade in Deals Worth Over $6 Mil
10/21/22

Sales were for Wienerschnitzel and Carl’s Jr. properties at Country Fair Shopping Center

JRK Property Holding Buys Palm Springs Resort Property
10/21/22

Firm uses funds from its $350 mil Hospitality Fund to acquire 179-room Ace Hotel & Swim Club Palm

Fitness 19 Leases 20k sf Inland Empire Retail Space
10/06/22

Firm inks deal at Loma Linda Plaza

USAA Real Estate and McDonald Property Group Break Ground on 1.8 msf Distribution Center in Beaumont
10/04/22

Build-to-suit is part of Phase II of Crossroads Logistics Center

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