|
• Walters Automotive Group Picks Up Three Acres at Meredith International Centre for New Auto Dealership
5/31/16
Walters Automotive Group paid $3.26 mil for a three-acre parcel of land ($25/sf) in the city of Ontario for development of a new car dealership. The land is located on Inland Empire Blvd at Meredith International Centre, and ...
|
• Noble House Home Furnishings Leases 740k sf Ontario Facility
5/13/16
Noble House Home Furnishings has agreed to a $27 mil lease for Prologis Mission Distribution Center, a 741.5k sf, Class A industrial distribution center situated on 31 acres in the Inland Empire city of Ontario. The lease ter...
|
• Historic Retail Center in Rancho Cucamonga Listed for $28.6 Mil
5/13/16
Thomas Winery Plaza, a 99.8k sf shopping center in Rancho Cucamonga, has been put on the market. The unique property, located along historic Route 66 at the northeast corner of Foothill Blvd and Vineyard Ave, is listed for $2...
|
• Inland Empire Super Walmart-Anchored Center Inks Eight Leases
5/10/16
In recent SoCal retail leasing activity, there have been eight new leases totaling 15.6k sf to report at Perris Marketplace, a Super Walmart-anchored center is located at 1700 North Perris Blvd, less than ¼ mile from the heav...
|
• Big Al’s Takes 46k sf Inland Empire Retail Space
5/06/16
Big Al’s, a family-owned sports bar and entertainment center, inked a a lease for 45.7k sf of retail space at Piemonte @ Ontario Center, a 225k sf, regional shopping center in Ontario. Terms of the deal were not disclosed.
T...
|
• Private Investor Pays $500/sf for Newly Constructed Inland Empire Single-Tenant Pad Property
5/06/16
A 10.7k sf, single-tenant building occupied by Prestige Preschool Academy in the Inland Empire city of Eastvale was purchased by a private family partnership for $5.35 mil, or $500/sf. The newly constructed property, located ...
|
• Ascena Retail Group Inc Leases 583k sf Riverside Facility
5/05/16
Ascena Retail Group Inc signed a 10-year lease for a 582.8k sf industrial building in Riverside. Ascena, a leading specialty retailer, will move into the building, located at 7295 San Gorgonio Dr, north of Alessandro Blvd an...
|
• Bridge Development Partners Acquires 20 Acres in City of Industry for Spec Ind Development
5/05/16
Bridge Development Partners LLC acquired a 19.86-acre industrial land site in the City of Industry for $30 mil. Bridge will use the land, which was sold by Robhana Group Inc, for development of a spec, 429.8k sf warehouse and...
|
• Fontana Industrial Building Sells for $130/sf
5/02/16
A 24.3k sf industrial warehouse building in Fontana sold for $3.16 mil, or about $130/sf. The building is located at 10780 Mulberry Ave, south of I-10 and east of I-15.
The property is part the Reilly/Mulberry Park and will ...
|
• Guitar Center Leases 220k sf of Industrial Space in Rialto
4/29/16
Guitar Center inked a lease for 220k sf of industrial space in Rialto for the firm’s West Coast distribution center. The space is part of a 428k sf facility at 1508 Casmalia St, north of I-210 and west of Cactus Ave, within R...
|
• Walls Raised on Inland Empire Logistics Project
4/25/16
In a development update out of the Inland Empire, the perimeter walls have been raised on Turner Crossing-Rancho project, a 116.5k sf logistics center being developed by Turner Real Estate Investments in Rancho Cucamonga. The...
|
• Construction Started on New 445k sf Industrial Facility at SCLC in Victorville
4/19/16
Stirling Capital Investments has begun work on a 444.7k sf industrial facility at Southern California Logistics Centre (SCLC), the 2,500-acre commercial and industrial complex entitled for 60 msf of development in Victorville...
|
• Heslin Holdings Wraps Up a Busy First Quarter 2016
4/08/16
Heslin Holdings Inc completed a number of transactions during the first quarter of 2016. These deals included: the acquisition of a retail center in Tigard, OR; the acquisition of a multi-tenant industrial property in Fontana...
|
• Exchange Investor Buys Colton Retail Property
4/06/16
Bluffs Crossing, a 6.2k sf, multi-tenant retail center in the Inland Empire city of Colton, recently sold for $1.9 mil ($323/sf). The property traded at a 5.1% cap rate as part of a 1031 exchange.
Built in 2007, Bluff’s Cro...
|
• Riverside Retail Center Trades in $44 Mil Deal
4/01/16
University Village, a 180.7k sf, non-core, multi-level, theater-anchored entertainment center in Riverside, has sold for $43.9 mil ($243/sf), representing a 6.20% cap rate. The buyer, a Chinese-based private investor, purcha...
|
• Lake Elsinore Industrial Project Under Construction
3/17/16
Construction is underway on Big Yards Industrial Park at Lake Elsinore, a 162.9k sf industrial park in Lake Elsinore. The project marks the first new ground-up industrial development in the Temecula Valley in eight years.
B...
|
• Exchange Investor Buys Fully Leased Inland Empire Retail Center
3/16/16
Plaza De Majorca, a 38.9k sf shopping center in Moreno Valley, sold for $5.83 mil ($150/sf) in a 1031 exchange transaction. Located at 12220 Pigeon Pass Rd, Plaza De Majorca was purchased by a private investor based in Garden...
|
• CIP Real Estate Acquired $80 Mil in Inland Empire Assets During 2015
3/03/16
CIP Real Estate completed four acquisitions with a combined value of $80 mil during 2015, all within SoCal’s Inland Empire region. The Irvine-based real estate firm acquired three of the assets in joint venture with its long-...
|
• Industrial Properties Trust Acquires 332k sf Inland Empire Facility in $28 Mil Sale/Leaseback Deal
2/19/16
Industrial Properties Trust (IPT) paid $27.9 mil for a 331.5k sf ($84/sf) industrial property in San Bernardino, in a sale/leaseback deal. The building includes 34k sf of office space in addition to its distribution and wareh...
|
• Community Preservation Partners Buys 268-Unit Affordable Housing Property in Indio
2/12/16
Community Preservation Partners (CPP) has acquired Summer Field Apartments, a 268-unit multifamily property in Indio, as part of a low-income housing transaction with its parent company WNC & Associates and partner Jamboree H...
|
Return to the Southern California - Inland Empire area
