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• New Affordable Housing Project for Transitional Age Youth Opens Its Door
2/18/25
The Aspire, a new 33-unit affordable housing community in the City of Riverside, has opened its doors. The community, a development of Innovative Housing Opportunities, is located at 3893 Third St, at the corner with Fairmoun...
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• Riverside Raising Cane’s Goes for $6.8 Mil
2/14/25
A 1031 exchange investor out of Washington paid $6.84 mil in the ground lease (land ownership) sale of a 128.5k sf Raising Cane’s in Riverside. The 3.3k sf property sits on 1.29 acres at 4100 Central Ave.
Built in 2024, the...
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• Two Quick Quack Car Wash Properties Sell in Separate Deals Totaling $5.38 Mil
2/12/25
Two new construction, single-tenant properties occupied by a Quick Quack Car Wash were purchased by two private buyers in separate deals totaling $5.38 mil. Both properties had a new absolute, NNN ground lease with an initial...
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• Los Angeles Investor Spends Over $6 Mil for Adjacent Retail Buildings in Rancho Cucamonga
2/04/25
In a recent Rancho Cucamonga retail trade, an L.A.-based private investor paid $6.22 mil for two stand-alone buildings occupied by a Chipotle Mexican Grill and an adjacent Starbucks Drive-Thru. The assets were sold by Chase P...
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• Otto International Leases New 254k sf Facility at The HUB in Ontario
2/03/25
Otto International Inc has inked a 154-month lease for a 254.7k sf building at The HUB, a master-planned logistics park currently under development in Ontario. Otto International’s building is located at 3551 East Jurupa St, ...
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• ZM Trucks Inks Deal for New 210k sf Manufacturing Facility in Fontana
1/30/25
ZM Trucks, a zero-emission commercial truck manufacturer, has inked a lease for a 210k sf industrial building in the city of Fontana for its first North American manufacturing plant. ZM Trucks is a subsidiary of ZO Trucks hea...
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• Mobil Gas Station/Store/Car Wash in the Inland Empire Sells for $5.2 Mil
1/24/25
A Mobil Gas Station, Convenience Store and Express Car Wash at 130 West Valley Blvd in the Inland Empire city of Colton sold for $5.2 mil. The purchase included both the business and the real estate.
This well-established pr...
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• Three California Dutch Bros Coffee Locations Trade in Over $8 Mil of Deals
1/23/25
Three brand-new construction, single-tenant properties in California, each occupied by a 950 sf Dutch Bros Coffee drive-thru format, were purchased by three different private buyers in deals totaling $8.08 mil. The properties...
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• Miramar Capital Buys 333k sf Inland Empire Industrial Asset
1/14/25
In an Inland Empire industrial buy, Miramar Capital paid $86 mil for Serrano Industrial Park, a three-building industrial park totaling 332.7k sf ($258/sf) in Jurupa Valley. The seller was PreZero.
Located at 4350, 4388 and ...
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• Realterm Closes on 13-Property IOS Portfolio Buy
1/13/25
Realterm purchased a 13-property industrial outdoor storage (IOS) truck terminal portfolio totaling 631.6k sf across 131 acres in seven major U.S. markets. The portfolio, which is 97% leased to 10 tenants, consists primarily ...
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• Legacy Partners and DWS Start Work on Ontario Res Community
1/07/25
Legacy Partners and DWS Group have started construction on a 346-unit residence apartment community in Ontario. Located at 2510 S. Euclid Ave, the new community will consist of eight buildings (three to four stories tall) wit...
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• TA Realty Buys 193k sf Inland Empire Industrial Facility
12/24/24
Slover & Elm Commerce Center, a 192.8k sf industrial facility in Fontana, was acquired by TA Realty. Built in 2022, the Class A building is located at 15521 Slover Ave, east of I-15 on the south side of I-10.
The building is...
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• Work Started on $268 Mil College of the Desert’s Palm Springs Campus
12/18/24
Construction has broken ground on the new College of the Desert (COD) Palm Springs campus. The $268 mil, 175k sf project will provide cutting-edge facilities for learning, collaboration, and innovation, while setting new stan...
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• Western National Group-Led Venture Buys 158-Unit Res Community in Riverside
12/17/24
Western National Group has purchased Vista Imperio, a 158-unit garden-style multifamily community in Riverside, in a joint venture partnership with Sagard Real Estate, ArrowMark Partners and WNG. The price was not disclosed.
...
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• Proficiency Capital Acquires 231k sf Industrial Portfolio in Chino and Pomona
12/09/24
McGee Business Center I & II, a fully leased 231.7k sf industrial portfolio located in Chino and Pomona, was acquired by Proficiency Capital LLC. The deal was financed with an acquisition loan of $32.2 mil.
McGee Business C...
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• Tishman Speyer and Mitsui Fudosan America Start Work on Ground Up Industrial Project in Irvine
12/03/24
Tishman Speyer and Mitsui Fudosan America (MFA) have started construction on the first phase of Bake Freeway Business Park, a 380k sf, ground-up industrial development in Irvine.
The partnership has secured an $84.75 mil con...
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• Dunbar Real Estate Investment Management Spends $19 Mil on Riverside Biz Property
11/26/24
SoCal-based Dunbar Real Estate Investment Management has acquired Summit Business Center, a 138.7k sf business park in Riverside, in a $19 mil ($137/sf) transaction. Dumbar is a private equity firm specializing in repositioni...
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• Vanamor Spends $20 Mil on Riverside Res Asset
11/25/24
Vanamor purchased LuxLiv, a 62-unit multifamily community in Riverside, for $19.75 mil ($318.5k/unit). The firm has since awarded San Diego-based Sunrise Management with the property’s management assignment – including market...
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• Inland Empire Retail Center Fetches $373/sf
11/21/24
Center Point Plaza, a 28.9k sf retail property in the Inland Empire city of Yucaipa, traded hands for $10.8 mil, or $373/sf. The property is located at 33490-33492 Oak Glen Rd, just south of Yucaipa Blvd.
Constructed in 2007...
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• Rockefeller Group Finishes Work on 260k sf Distribution Center in the Inland Empire
11/18/24
Rockefeller Group has completed construction of a 260k sf distribution center on 14 acres in the Inland Empire city of Perris. The project, Patterson Commerce Center, includes 36’ clear ceiling heights, 56’ x 60’ column spac...
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