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• Guthrie Development Company Buys 221k sf Ontario Biz Park
9/12/14
Airport Distribution Center, a 221.2k sf industrial park in the Inland Empire, was purchased by Guthrie Development Company, along with a private equity partner. The park is comprised of three buildings with 30 units located ...
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• First Industrial Acquisitions Inc Buys 225k sf Moreno Valley Industrial Facility
9/12/14
First Industrial Acquisitions Inc, out of Chicago, paid $9.98 mil for a Class A, 225.5k sf ($44/sf) warehouse/distribution building in Moreno Valley. The building is located at 16875 Heacock St, on the grounds of the March Ai...
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• Ontario Industrial Facility Sells for $24 Mil
9/09/14
A 386.6k sf industrial building in Ontario sold for $23.8 mil, or $62/sf. The property was acquired by PPF Industrial LLC, an affiliate of Morgan Stanley, and was sold by CT Realty.
The asset is situated on a 5.27-acre site ...
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• Circle K Stores Starts Work on New Prototype in San Jacinto
8/29/14
Circle K Stores Inc has broken ground on its newest prototype in Southern California, a flagship store to consist of a 4.5k sf convenience store offering fresh food, a gas station with eight fuel pumps, and a self-serve state...
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• SoCal Self-Storage Property Portfolio Sells for $16.4 Mil
8/27/14
A self-storage portfolio consisting of three properties totaling 158k sf located throughout Los Angeles and Riverside counties traded hands at a price of $16.4 mil. The properties were purchased by Storage Etc Development LLC...
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• CapRock Partners Acquires Two Development Parcels in Rialto
8/27/14
OC-based CapRock Partners has acquired two land parcels in Rialto on which the company is set to develop more than 1 msf of new, state-of-the-art industrial space. Only one mile apart, the parcels boast excellent access to th...
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• Vacant Big Box Property in La Quinta to Be Auctioned Off
8/22/14
A vacant and relatively new retail “big box” structure that originally was built for and occupied by Sam’s Club in the heart of La Quinta’s retail hub will be auctioned off August 25-27. Christopher Maling, David Maling, Dona...
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• Lease Signings at Empire Towers in Ontario Exceed $27 Mil in the First Six Months of 2014
8/21/14
Lease signings from the first half of 2014 at Empire Towers in the Ontario Airport office market have totaled more than $27.7 mil and about 232k sf of space. These most recent signings include a number of major corporate play...
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• Barstow Retail Property Sells for $53/sf
8/20/14
A 68.4k sf, multi-tenant retail center in Barstow recently sold for $3.6 mil, or roughly $53/sf. The center, located on 6.12 acres at 1303-1313 E. Main St, is anchored by Family Dollar, Aaron’s, and Wienershcnitzel.
Vic Ga...
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• New 130-Bed Residence Hall Under Construction at Harvey Mudd College
8/19/14
Bernards has been selected to manage construction of a new residence hall for Harvey Mudd College (HMC), a private liberal-arts college that is one of seven academic institutions comprising the Claremont Colleges. A collabor...
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• Safeway Storage Expands with 119k sf Rialto Industrial Buy
8/18/14
Safeway Storage recently purchased a 119.4k sf industrial facility in Rialto to accommodate its expansion needs. Safeway Storage is a storage provider for indoor and outdoor RVs, motor homes, ATVs, and other commercial/recr...
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Executive Subscriber Price: Free
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• Amazon to Take 700k sf Inland Empire Distribution Space
8/14/14
We’ve learned that Amazon.com Inc has agreed to a new lease for 704k sf of space in Redlands, in what will be the firm’s fifth California fulfillment center. The new facility is a development of Clarion Partners, with Trammel...
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• Clark’s Nutrition and Natural Food Market Leases 46k sf of Retail Space in Chino
8/14/14
Clark’s Nutrition and Natural Food Market inked a lease for a 46.1k sf anchor space at Mountain Village Plaza, a 90k sf neighborhood center in Chino. The new store is expected to open in fall of 2014.
Built in 1987, Mountain...
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• Decron Properties Corp Picks Up 440-Unit Chino Hills Res Complex for $82 Mil
8/08/14
Los Angeles-based Decron Properties Corp has acquired Village Crossing, a 440-unit garden-style, multifamily apartment community on a 22-acre site in Chino Hills, for $82.25 mil ($187/sf). The asset was sold by Invesco Real E...
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• Canyon Catalyst Fund and Sack Properties Team Up on Two SoCal Apartment Buys
8/06/14
A partnership of Canyon Catalyst Fund and Sack Properties recently closed on two SoCal multifamily investments. One of the properties is an 85-unit, townhome-style rental community in West Covina and the other is a 136-unit p...
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• The Picerne Group Breaks Ground on New 298-Unit Ontario Res Project
8/04/14
The Picerne Group recently broke ground on Vistara, a Class A, 298-unit apartment community at Haven Ave and 4th St in Ontario. The project is expected to be completed and ready to lease by the 2nd quarter of 2015.
The comm...
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• Private Investor Spends $570/sf for Murrieta NNN-Leased, Single-Tenant Building
8/04/14
A private family trust recently purchased a 5.1k sf, Class A building fully in Murrieta occupied by Pacific Western Bank. The property was sold by WLA Investments Inc for $2.9 mil ($570/sf).
Built in 2004, and situated on 0...
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• Rancho Cucamonga Buildings Traded in $27 Mil Transaction
8/04/14
Bixby Land Company purchased two contiguous industrial buildings totaling 316.2k sf of space in Rancho Cucamonga for $26.8 mil ($85/sf). OC-based CT realty was the seller.
The buildings are located at 10404 Sixth St and 1040...
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• CBRE Unveils Its Workplace360 in Ontario
7/31/14
CBRE unveiled a new office in Ontario as part of its global “Workplace360” initiative. The “free address” office incorporates leading-edge workspaces designed to support the way employees work today and in the future through ...
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Executive Subscriber Price: Free
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• REDA Bascom Ventures Starting Construction on Two SoCal Spec Industrial Projects
7/23/14
REDA Bascom Ventures LLC has started construction on two separate spec industrial projects totaling 500k sf in Southern California. REDA, a joint venture between Newport Beach-based Real Estate Development Associates and Irv...
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