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November 10, 2025
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INLAND EMPIRE NEWS
Archive
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• Two Inland Empire Leases Total Up to $14 Mil
4/04/11
Real estate services firm Colliers International recently closed two industrial leases in San Bernardino County with a combined value of nearly $14 mil. The deals consisted of a seven-year, $10 mil lease for a 411.5k sf ($0.2...
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• Retail Briefs
3/30/11
PALM SPRINGS (Riverside County) -- a 14.8k sf single-tenant property net leased to Walgreens sold for $6.92 mil ($468/sf). Located at 50040 Harrison St, the property is leased to Walgreen Co under a new 75-year NNN corporate ...
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• Lava DS Leases Remaining 266k sf at Inland Empire Facility
3/28/11
Just one-year after leasing 162.3k sf of distribution space at a 428.8k sf building in the city of Ontario, Lava DS inked a long-term expansion deal for the remaining 266.5k sf of space, giving the company the entire facility...
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• Watson Breaks Ground on 600k sf Spec Building
3/24/11
In a positive indicator for SoCal’s industrial real estate market, Watson Land Company has broken ground on a 616.5k sf industrial building within their Watson Commerce Center Redlands. This is the first spec industrial build...
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• OC Investor Picks Up Fontana Biz Park Property
3/21/11
Heritage Business Center Investment Group LLC, an Orange County-based investor, purchased a 66.8k sf multi-tenant biz park in Fontana for $4.15 mil ($62/sf). Built in 2009 and comprised of 18 condo units, the business park w...
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• CIP Closes 15 Leases in 2010 at Empire Towers in Ontario
3/16/11
Irvine-based CIP Real Estate completed 15 lease transactions in 2010 at its Empire Towers office complex in Ontario. The total value of these leases exceeded $9 mil and consisted of approximately 70k sf of office space. CIP...
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• Murrieta Industrial Facility Trades for $7.5 Mil
3/15/11
A 122.9k sf industrial property in Murrieta sold for $7.5 mil ($61/sf). Located at 26305 – 26499 Jefferson Ave, the property is situated near the 15 and 215 Freeways. Alan Pekarcik, Dan Vittone, and Nick Frasco of Voit Comm...
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• Rancho Cucamonga Leased Parcel Bought by Foreign Investor for $3.3 Mil
3/11/11
A 0.76-acre land parcel that is 100% leased to Comerica Bank and guaranteed by Comerica Incorporated was purchased by a foreign private investor for $3.3 mil, at a 5.09 percent cap rate. The property is located at 12035 Foot...
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• Four LA-Area Single-Tenant Retail Sales Total Up to Over $11 Mil
3/09/11
Here’s a rundown on four LA-area retail sales, totaling $11.25 mil in total price and all brokered, at least in part by Jereme Snyder, Senior Vice President in Colliers International’s Irvine office,. The transactions are: ...
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• HP Leases Entire 1.4 msf Inland Empire Industrial Complex
3/08/11
In a major SoCal industrial deal, Hewlett Packard Company (HP) has signed a seven-year lease for the entire 1.4 msf of space at Cajon Distribution Center in the Inland Empire, bringing the property to 100 percent occupancy. ...
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• Draftsmen & Craftsmen
2/28/11
In recent construction news, Barnhart Balfour Beatty completed $4.5 mil in amenity upgrades to the clubhouse at Desert Willow Golf Resort in Palm Desert. Desert Willow Golf Resort offers two public golf courses and was select...
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• Merlone Geier Partners Purchases Notes on 314k sf Inland Empire Retail Center
2/24/11
Merlone Geier Partners has acquired the notes secured by Village Walk Plaza, a 314k sf community retail shopping center in Murrieta. The notes were sold by an unnamed national banking entity. Completed in 2008, Village Walk ...
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• SoCal Logistics Center Off to a Stirling Start in 2011
2/23/11
Stirling Capital Investments (SCI) has kicked off 2011 with three leases at its Southern California Logistics Centre (SCLC) in Victorville. The leases encompass more than 66k sf of office and industrial space at the 2,500-acr...
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• DCT Industrial Spends $8.5 Mil on Chino Facility
2/22/11
DCT Industrial has acquired a 190k sf industrial property in the Inland Empire city of Chino for $8.5 mil ($45/sf). The building is located at 13780 Central Ave, near the 60 and 71 freeways, as well as the Chino Airport. The ...
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• Palm Desert BofA Sells for Near $500/sf
2/18/11
A 5.6k sf, single-tenant net-leased property in Palm Desert traded hands in a recent sale valued at $2.68 mil ($479/sf). The building is leased to Bank of America and is located at 34420 Monterey Ave, south of I-10 and Dinah ...
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• Capstone Advisors Picks Up 20 Lots in Upscale La Quinta Community
2/11/11
Capstone Advisors, a Southern California-based real estate investment, development and asset management company, recently purchased the largest lots in the Griffin Ranch master-planned community located in the Riverside Count...
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• MBK Collects $27 Mil from Sale of Temecula Senior Living Community
2/03/11
Washington D.C.-based CSH spent $27.15 mil to acquire The Sterling at Vintage Hills, a 152-unit ($178.6k/unit) senior living community in Temecula. Located at 41780 Butterfield Stage Rd, the complex was 95 percent occupied at...
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• Redlands Multifamily Community Sells for Over $11.5 Mil
2/02/11
Sequoia Equities, a Walnut Creek-based real estate investment firm, has purchased Cypress Villas, an 82-unit multifamily property in the Inland Empire city of Redlands, for $11.625 mil, or about $142k/unit. The deal came in a...
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• Regency Adds New Toys “R” Us/Babies “R” Us at Indio Towne Center
1/28/11
National retail owner/operator Regency Centers has locked up a new Toys “R” Us/Babies “R” Us store at the firm’s Indio Towne Center in Indio. The new 46.8k sf store will replace the retailer’s existing outlet in Palm Desert a...
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• Barker Pacific/URDANG Venture Acquires Vacant Inland Empire Big Box Facility
1/26/11
A venture of Barker Pacific Group (BPG) and its financial partner, URDANG, has acquired a 138k sf big-box retail property in the Inland Empire city of La Quinta. The building, situated on 14 acres at 79-315 Hwy 111, sold for ...
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