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Trio of Land Sales in Ontario Master-Planned Community Total Up to $30 Mil 12/21/10 Whittlesey Doyle has completed the sale of three separate land transactions in the master-planned community New Model Colony in Ontario. The deals, totaling approximately 176 acres, encompass 800 proposed lots and units, for ...
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Capstone Advisors Picks Up Lots of Lots in La Quinta 12/17/10 Capstone Advisors has purchased 60 residential lots in the Riverside County community of La Quinta. The acquisition, which is comprised of the remaining finished lots in a 97-lot community known as Piazza Serena, was original...
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Local Business Owner Purchases 47-Acre Tehachapi Site 12/17/10 One of the largest available parcels of commercial property in Tehachapi – a 46.8-acre site with extensive frontage along Tehachapi Blvd – was purchased by an entity headed by a local businessman. The buyer intends to develop...
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Draftsmen & Craftsmen 12/13/10 In the latest development news from the Inland Empire, the Hon. Jerry Lewis County of San Bernardino High Desert Government Center and the Hesperia Police Department Headquarters facilities were just completed. Both facilitie...
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Industrial Firms Acquire Riverside Manufacturing and Distribution Facilities 12/10/10 A.M.A. Plastics Inc purchased a 150.1k sf warehouse/distribution property within Hunter Park Business Center in Riverside for $7.1 mil ($47/sf). The facility, located at 1100 Citrus Ave, south of Center St and east of I-215, ...
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Sysco Corp Picks Up 45-Acre Riverside Site 12/08/10 Sysco Corporation has acquired a 45-acre industrial land parcel in the Inland Empire city of Riverside for $18.1 mil ($9.23/sf). The land, which is located within a mile of the 215 Freeway, near three interchanges and in clos...
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CT Realty / Behringer Harvard Venture Acquires 800k sf Inland Empire Portfolio 12/03/10 A joint venture of CT Realty Investors and Behringer Harvard has obtained financing of $21.5 mil for the purchase and lease-up of an 802k sf, four-building Inland Empire industrial portfolio that is currently just 29% leased....
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$10.5 mil refi for retail center in Rancho Cucamonga 10/26/10 The Los Angeles office of Holliday Fenoglio Fowler, L.P. (“HFF”) announced that it arranged a $10.5 million refinancing for Haven Village, a 45.7k sf retail strip center in Rancho Cucamonga, CA in the Inland Empire.
HFF Dire...
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BlackRidge Real Estate Group Acquires 302K SF Distribution Center in Ontario, CA 10/22/10 BlackRidge Real Estate Group, LLC, a real estate investment and operating company based in Los Angeles and Denver, announced that it has recently acquired the fully leased, 302,020 square foot distribution center at 1000 Etiw...
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Inland Empire Industrial Showing Signs of Improvement; Office Lagging 10/21/10 The following summary is a brief overview of the Inland Empire industrial and office markets during the third quarter of 2010. It was provided to us by Grubb & Ellis, a leading, national real estate services firm and one of ...
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EastGroup Properties Gets REPET Business At Chino Property 10/19/10 In the Inland Empire city of Chino, EastGroup Properties has leased a 100k sf industrial space for ten years to REPET, Inc, a plastic recycling company. The property is located at 14207 Monte Vista Ave, south of Edison Ave an...
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HFF Arranges $10.5 Mil on Rancho Cucamonga Retail Center 10/14/10 HFF (Holliday Fenoglio Fowler, L.P.) has arranged $10.5 mil in refi money for Haven Village, a 45.7k sf retail strip center in Rancho Cucamonga. Located at 6311, 6321, 6331, 6371 Haven Ave, directly off I-210 in northern Ranc...
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Allied Forces to Take Over 600k sf Inland Empire Facility 10/05/10 Allied West Paper Corporation inked a 10-year, $20.5 mil lease of the Midway Distribution Center, a 612k sf ($0.28.sf.mo) industrial property in the city of Fontana. The property is located at 11101 Etiwanda Ave, east of I-...
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Charter School Inks Long-Term Lease for Temecula Building 9/30/10 In recent leasing activity from the Inland Empire, River Springs Charter School signed a 10-year, $6.2 mil lease for a 38.6k sf ($1.34/sf/mo) office building at 43040 Margarita Rd, east of I-15 and north of Temecula Pkwy in T...
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New RENTV Executive Report: Inland Empire Hot Transactions 9/29/10 Here’s a great way to keep up with all of the transaction activity throughout the Inland Empire over the past year. RENTV’s latest executive report -- a compilation of closed sale and lease comps from the region over the past...
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Final Two Sales Complete Break-Up Strategy at Corona Retail Center 9/24/10 The final two sales in a three-parcel break-up strategy at The Shops at Sycamore Creek have generated $9.66 mil in total revenue. Located in the city of Corona, the retail center is anchored by a Von’s grocery store.
The l...
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Investment Group Pays Almost $9 Mil for Ontario Gateway 9/24/10 In one of the largest transactions to take place in the Inland Empire this year, Ontario Gateway, a two-building multi-tenant professional office complex totaling 125.5k sf, has been acquired by an investment group for $8.75 ...
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Seller Shapes Up LA Fitness Property before Selling for $8.8 Mil 9/21/10 A 45.6k sf Lake Elsinore retail property occupied by L.A. Fitness traded hands in a recent $8.8 mil ($193/sf) deal. The property, acquired by a Villa Park, CA-based private trust, is located at 18550 Dexter Ave, south of Cen...
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CT Realty Venture Closes on 231k sf Inland Empire Industrial Buy 9/13/10 CT Realty Investors has acquired the Archibald Business Center, a 231.4k sf, Class A industrial building in Ontario, for $9.5 mil ($41/sf). The property was purchased from Bixby Land Co through a joint venture between CT Real...
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Inland Empire Deal Review 9/10/10 There have been a number of notable transactions in the Inland Empire over the past few weeks, which we’ll touch on briefly in this report. In a big Chino land buy, Xebec Realty Partners purchased 16.3 acres of industrial lan...
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