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• Investor Group Buys Chino Hills Retail Center for $94.5 Mil
6/08/10
By Allen Wolfsheimer
The Shoppes at Chino Hills includes the world headquarters for Jacuzzi Brands Corp, the well-known manufacturer of hot tubs and other related products, which inked a six-year lease for 30.8k sf of office...
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• We Heard This Through the Grapevine PR Machine
5/20/10
A two-building, 85k sf industrial property in Mira Loma was purchased by a private investor in a recent $5.8 mil deal. The property, Grapevine Business Center, was built in 2008 and is located on 3.8 acres of land at 3090 Gra...
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• Premier Business Centers to Develop and Operate Temecula Location on Third Party Basis
5/11/10
Premier Business Centers, the national executive suites operator based out of Irvine, has entered into a long term management agreement with Brea Imperial LLC to help them develop, manage and operate an executive office suite...
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• LA Investor Pays $480/sf for Temecula Retail Asset
5/06/10
A two-tenant, 10k sf retail property fully occupied by Verizon Wireless and The Vitamin Shoppe in Temecula was acquired by a 1031 exchange buyer out of Los Angeles for $4.8 mil ($480/sf). Located adjacent to the Temecula Prom...
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• Plastics Recycling Company Acquires 122k sf Fontana Building
5/04/10
Ecoplast Corporation, a plastics recycling company, purchased a 122.7k sf industrial warehousing and manufacturing building located at 13414 Slover Ave, south of I-10 and east of Etiwanda Ave in Fontana. The transaction inclu...
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• Grubb & Ellis Takes Over leasing for Two Chino Retail Centers
4/28/10
Kimco Realty Corporation has selected members of its Grubb & Ellis Company’s Retail Group as the leasing agents for Chino Town Square and Country Fair Shopping Center in Chino. The two retail centers offer more than 500k sf ...
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• DAUM Acquires Collins Commercial
4/27/10
In the latest major news from the real estate services sector of the industry, DAUM Commercial Real Estate Services has acquired 26-year-old Collins Commercial. Continuing his role of Chairman and CEO of DAUM, Michael Nubel ...
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• Procomp Acquires 72k sf Rialto Industrial Facility
4/22/10
Procomp Electronics, an importer of aftermarket auto parts, just purchased a Class A 71.8k sf industrial building in Rialto for $3.8 mil ($53/sf). Located at 1101 W. Rialto Ave, south of Foothill Blvd and west of Riverside Av...
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• Package All Wraps Up 46k sf Expansion Lease in Fontana
4/08/10
Package All Corporation agreed to a 62-month expansion lease for 45.9k sf of space at Fontana Gateway Business Park in Fontana. A tenant since 2008, Package All Corporation previously occupied 19.2k sf of space at the busine...
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• Improvements Completed for Ontario’s Second Fresh & Easy Neighborhood Market
4/07/10
The Ontario Redevelopment Agency recently teamed up with The Bergman Companies, a Chino-based construction, architecture, design, and development services company, to provide $468k in improvements at the Colonies Marketplace ...
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• Murrieta Retail Property Sells for $444/sf
3/31/10
An 11.7k sf multi-tenant retail property in Murrieta sold for $5.2 mil ($444/sf). Located at 27890 Clinton Keith Rd, the fully occupied property is situated within The Orchard - Stone Creek, a Super Target-anchored regional s...
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• Zumiez Purchases 168k sf Corona Distribution Facility
3/24/10
Zumiez Inc has purchased West Corona Corporate Center, a 168.5k sf industrial facility in Corona, for $11.79 mil ($70/sf). The property is located at 1346 Railroad St, north of the 91 Fwy and west of I-15, a few blocks southe...
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• Steel Topped Off on New Kaiser Permanente Hospital in Fontana
3/23/10
Structural steel was topped off on a new replacement hospital for Kaiser Permanente in Fontana. Located on the southern end of the existing Kaiser Permanente Fontana Medical Center site, the hospital facility will replace the...
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• Chino Hills Apartment Complex Named Community of the Year
3/22/10
Legacy Partners’ Missions at Chino Hills was awarded Community of the Year and Kathleen Blackburn received Assistant Manager of the Year honors at the APEX Awards, the Apartment Association of Greater Inland Empire’s (AAGIE) ...
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• ARK Management Lands Mixed-Use Assignment
3/15/10
SoCal-based ARK Management, a commercial property management company, was awarded the management contract for the Singer Family portfolio, which is comprised of mixed-use, multi-tenant retail and industrial properties. The Si...
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• LA Investor Pays $3.8 Mil for Most Units at Broken Inland Empire Condo Project
3/15/10
In a recent Inland Empire sale of a distressed condo development, an LA investor paid $3.8 mil – or $105.6k/unit -- for 36 vacant condo units at a 40-unit development in Rialto. The property, Rialto Arrow Terrace, is located ...
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• Ross Dresses Up Riverside Towne Center
3/10/10
Ross Dress for Less, the national value-priced clothing retailer, has opened the doors on a new Inland Empire store, located at the Riverside Towne Center in Riverside. The retailer agreed to a 10-year lease for 30.3k sf of s...
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• Bayer Relieves Space Problem with Short-Term Lease in Redlands
3/08/10
Bayer Crop Science inked a new two-year lease for 102.6k sf of industrial space in Redlands that is expected to save the company in excess of $325k in occupancy costs over the term of the lease. The building is located at 272...
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• New Riverside Office Project Continues to Attract Tenants
3/04/10
Leasing activity continues to pick up at the Towers at Riverwalk, the new office development at Turner Riverwalk, a 1 msf master-planned business park in the city of Riverside. The latest tenants to ink deals at the project ...
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• Riverside Building Sells for $3.3 Mil
3/03/10
In a recent Inland Empire industrial buy, investors paid $3.32 mil for a 73.9k sf ($45/sf) building at 1615 Eastridge Ave, west of I-215 and north of Alessandro Blvd in Riverside. The seller, Valley Point was represented by L...
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