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August 23, 2017
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INLAND EMPIRE HEADLINES
Retail Center in Riverside County Trades for Over $500/sf
8/23/17
Private investor spends $11.6 mil on 23k sf Oak Grove Crossing in Lake Elsinore


Two Inland Empire Industrial Properties Sell in Separate Deals that Total Over $13 Mil
8/15/17
Corona and Ontario facilities contain a combined 113k sf of space

Investors Trade Inland Empire Grocery/Drug-Anchored Center in $20.7 Mil Deal
8/14/17
Sale is of 119k sf Southridge Plaza in Fontana

Montclair Multifamily Property Sells for $259/sf
8/11/17
68-unit Evart Street Apartments sells for $8.85 mil

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New Corona Mixed-User Seeing Strong Retail Leasing Interest
8/10/17
Six retailers sign at Metro at Main

Westcore Returns to San Bernardino in a Big Way
8/11/17
Firm buys 830k sf industrial facility

San Bernardino Apartment Property Trades for $84k/Unit
8/09/17
$5.4 mil transaction is for 64-unit Eureka Manor

Investor Pays $132k/Unit for Multifamily Portfolio in Yucaipa and Calimesa, CA
8/01/17
Four properties total 43 units

Palm Springs Retail Center Sells for $7.3 Mil
7/31/17
Private investors out of Los Angeles trade 40k sf property

MetLife Buys 460k sf Inland Empire Power Center
7/21/17
Deal is for Chino Spectrum Towne Center

Exchange Investor Spends $5 Mil on San Jacinto Retail Property
7/18/17
Buyer snags fully occupied Dollar General Town Center

Grocery-Anchored Center in Corona Bought for $28.6 Mil by Ohio Entity
7/17/17
110k sf Sierra Del oro Towne Center was 94% occupied at sale

San Bernardino Multifamily Property Generates Multiple Offers Before Selling for $123k/Unit
7/14/17
Investor pays $9.75 mil for Country Club Apartments

Trumark Homes to Launch Two Res Communities in the Inland Empire
7/13/17
The developments, in Chino Hills and Ontario, will total 76 single-family homes and 114 condos

Exeter Property Group Buys Riverside Site for $12.5 Mil
7/10/17
Buyer plans to develop two-building, 815k sf industrial project on the land

Palm Desert Apartment Property Trades for $169k/Unit
7/07/17
Private investor pays $5.4 mil for Villa Del Sol

Newell Brands Leases an Additional 195k sf in Victorville
6/28/17
Deal brings 370k sf Distribution Centre 18 at Southern California Logistics Airport to fully occupied

Exchange Investor Spends $8.9 Mil on Two-Tenant Retail Building in La Quinta
6/28/17
34k sf property occupied by T.J. Maxx and ULTA Beauty

Glass Fabricator Buys 71k sf Corona Facility in $10 Mil Deal
6/15/17
Firm relocating from smaller space nearby

Trumark Communities Acquires Master-Planned Res Community in Chino
6/15/17
Rancho Miramonte contains 823 lots on 270 acres

Work Started on Riverside Medical Office Project
6/06/17
Pacific Medical Buildings and Jacobs Development Company are developing the 27k sf building

Rexford Industrial Realty Spends $141 Mil on Ontario Biz Park
5/26/17
Firm also collects $40 mil from sale of San Diego County asset they purchased in 2015 for $19 mil

MCA Realty Picks Up Eight Acres in Temecula for New Industrial Project
5/19/17
Firm to build 140k sf facility on the land

Residential Development Site in Ontario Sells for $3.4 Mil
5/17/17
Land entitled for 57-unit townhome project

Inland Empire Office Market Potential Strong as SoCal Growth Patterns Show Coastal Residents Moving East
5/16/17
CBRE report suggests that the region stands to benefit as office users expand to meet demand


Airbus DS Communications Leases 107k sf of R&D Space in Temecula
5/15/17
Firm will use the space for its North America HQ

Passco Companies Spends $17 Mil on Corona Retail Center
5/12/17
Firm buys 103k sf Temescal Village

Chino Hills KinderCare Sells for $500/sf
5/11/17
Exchange investor buys 9.6k sf net-leased property

Riverside Student Housing Community Trades for $200k/Unit
5/10/17
Harmonia Hopkins buys 212-unit Grandmarc at University Village

First Phase of El Centro Luxury Res Development Completed
5/05/17
Work is for 240-unit Town Center Villa project

Mostly Vacant Retail Center in Upland Sells for $121/sf
5/03/17
Wood Investments buys 153k sf Upland Village

Rexford Industrial Realty Buys One SoCal Industrial Asset and Sells Another
5/02/17
Deals have a combined price tag of almost $23.5 mil

Community Preservation Partners Pays $11 Mil for Indio Affordable Housing Property
4/25/17
90-unit Desert Oasis to be renovated

CBRE Capital Markets Arranges $24.6 Mil on Three SoCal Retail Properties
4/24/17
Transactions are for assets in Cypress, Ontario and Hesperia

GoPlus Corp Lease of 267k sf Facility Represents 2nd Major Signing in the Past 60 Days at Fontana Biz Park
4/24/17
Import/export firm signs $7.3 mil transaction

Redlands Cocoís Sells for $655/sf
4/21/17
Exchange investor spends $3.6 mil on 5.5k sf asset

Inland Empire Multi-Tenant Office Property Trades for $14.5 Mil
4/21/17
Charter School Capital purchases 87k sf property in San Bernardino

Commercial Real Estate Financing Briefs
4/19/17
$80 mil for Santa Barbara area res complex; $28 mil to take out three LA apartment construction loans

Exchange Investor Buys 131k sf Riverside Industrial Asset
4/18/17
Single-tenant property sells for $17.85 mil

New Retail Center Expected to Bring a Renaissance to Rialto
4/14/17
Lewis Retail Centersí 450k sf project is nearly 50% pre-leased with completion scheduled for April 2018

Catch Up on the Latest Trends and Developments in Downtown Los Angeles and the Inland Empire
4/13/17
Leading experts from these important SoCal regions to speak at RENTVís upcoming State of the Market conferences

Second Phase of $73 Mil Rehabilitation Started at Indio Res Property
4/12/17
Community Preservation Partners continues extensive renovations at 268-unit Summer Field Apartments

Exchange Investor Buys Rancho Cucamonga office/industrial campus
4/12/17
Rexford Industrial Realty collects $6.9 mil from sale of 63k sf Archicenter Business Park

Rockefeller Group to Begin work on 1.45 msf Spec Industrial Project in Perris
4/11/17
Optimus Logistics Center to consist of two state-of-the-art distribution facilities

Private Investors Close Two Ontario Apartment Buys Totaling $6.6 Mil
4/07/17
Deals are for properties with a combined 41 units

Continental Partners Arranges $54 Mil in Refinancing for the Ritz Carlton Rancho Mirage
4/03/17
Loan enables sponsor to replace a maturing construction loan and to buy out their existing partner

Riverside Industrial Asset Acquired for $12.5 Mil by a Tarifiq Buyer
3/31/17
121k sf Sycamore Business Center to be used by an affiliated business

Two Outparcels at the Mall of Victor Valley Sell for Over $4 Mil
3/31/17
One of the assets is a single-tenant building occupied by Big 5 while the other is a multi-tenant property

Modus Furniture Renews Its 231k sf Fontana Distribution Facility
3/30/17
Firm inks five-year deal worth $6 mil

Wolverine Worldwide Leases 720k sf Distribution Space in the Inland Empire
3/29/17
Global footwear company inks deal at USAA Real Estate Companyís Crossroads Logistics Center in Beaumont

Newcastle Partners Finishes Work on 147k sf Industrial Facility
3/29/17
Project is Knox Logistics Center in Moreno Valley

 
 


 


 
 



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