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Logistics Provider Takes Additional 121k sf at Chino Distribution Park 9/17/09 Motivational Fulfillment & Logistics Services has leased an additional 121.4k sf of space within Watson Commerce Center in the Chino, boosting their total space at the modern distribution park to 418k sf. This latest transact...
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Barnhart Picks Up a Gold Nugget in the Inland Empire 9/15/09 Barnhart Inc has won a Gold Nugget Merit Award from PCBC for the $39 mil IW Golf Club, the clubhouse for the Indian Wells Golf Resort, constructed for the City of Indian Wells. The awards program is the centerpiece of PCBC, ...
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Fontana Landlord Better Able to Recall Information after Recent 169k sf Lease 9/14/09 Recall Information Systems Inc leased a 168.7k sf, state-of-the-art industrial facility at 7875 Hemlock Ave, east of I-12 and north of Foothill Blvd in the city of Fontana. The 10-year transaction has a total value of $5.65 m...
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New Office Building Completed at Loma Linda University Medical Center 9/09/09 Construction of the new Highland Springs Medical Center for Loma Linda University Medical Center has just been completed. The project, which is expected to significantly enhance the access to medical services for families in ...
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ITT Takes 20k sf of Office Space in Corona 9/08/09 ITT Educational Services inked a five-year lease for 19.8k sf of office space at Lakeshore Plaza in Corona, in what is said to be the largest lease in the city over the past 18 months. Lakeshore Plaza is located at 4160 Teme...
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Barker Pacific Affiliate Picks Up Elsinore Valley Self Storage for Over $5 Mil 9/04/09 LA-based Barker Pacific Group (BPG), through its affiliate, Union Development Company (UDC), has acquired Elsinore Valley Self Storage, a self-storage and RV storage facility, for $5.28 mil. Located in the city of Lake Elsin...
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Stirling Receives Gold LEED Certification for New Victorville Facility 9/01/09 Stirling Capital Investments has achieved LEED Gold certification from the U.S. Green Building Council (USGBC) for its second new building in Victorville. Sterling’s latest building to be recognized is Distribution Centre 1 (...
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Watt is Able to Dress Riverside Towne Center for Less 8/31/09 Ross Dress for Less agreed to a 10-year lease for a 30.3k sf space at Riverside Towne Center. Ross, which expects to open its doors at this location in May of 2010, will be filling the space vacated by Circuit City after the...
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Newest Lake Elsinore Retail Tenant is a BIG Deal 8/27/09 PNS Stores, dba BIG Lots, agreed to a lease for 30k sf of retail space at Lake Elsinore Town Center, located at 32241 Mission Trail Rd, south of Railroad Canyon Rd and west of I-15. The lease has a total value of $1.67 mil.
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Ontario Industrial Space Remains in Demand Despite Economic Slowdown 8/26/09 While many SoCal real estate markets are struggling with double-digit vacancy rates, the city of Ontario’s industrial market currently boasts a 5.86% vacancy rate, which compares favorably to the Inland Empire West’s overall ...
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OHL Inks Deal for 178k sf of Industrial Space in Riverside 8/25/09 Third-party logistics firm OHL agreed to a five-year lease for 177.6k sf of industrial space at 1580 Eastridge Dr, north of Alessandro Blvd and west of I-215 in Riverside. This deal marks the fifth lease for OHL in the Inlan...
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CBRE Brokers Three Medical Office Leases in the West Inland Empire 8/19/09 Pro-Body Orthopaedic & Sports Physical Therapy Inc agreed to a five-year lease for 1.6k sf of office space at Crossroads Professional Center in Chino Hills. The transaction brings the building to 100% occupancy.
Built in 200...
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SoCal Industrial Sales Total Close to $6 Mil 8/18/09 Looking for recent SoCal industrial sales comps? We’ve got three deals totaling close to $6 mil to report, all of which were brokered by Voit Real Estate Services’ Brokerage division. In one transaction, a 9.7k sf industrial ...
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Inland Empire Manufactured Housing Community Sells for $16 Mil 8/17/09 Ramona Terrace Estates, a 218-space, five-star, seniors manufactured housing community in the city of Ramona, located in the Santa Maria Valley about 36 miles northeast of San Diego, traded hands in a recent $16 mil sale. The...
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Hodgdon Group Wraps Up Three TI Projects at CHW Medical Plaza 8/14/09 Inland Empire-based Hodgdon Group recently completed three medical construction management projects at the newly built CHW Medical Plaza in Fontana. The three tenant improvement projects have a combined value of approximately...
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Apple Valley Retail Center Hits the Market 8/12/09 Apple Valley Plaza, a 161.2k sf shopping center in Apple Valley, has been listed for sale with an asking price of $14.82 mil, or about $92/sf. The property offers development and/or conversion potential.
The center is locate...
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San Bernardino Multifamily Property Sells for $10 Mil 8/11/09 Here’s word of a notable recent multifamily sale from the Inland Empire, that being the Sunset Ridge Apartments, a 205.6k sf, 251-unit special asset apartment property in San Bernardino. The property, located at 1700 East D...
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Barnhart Receives Award for Public Works Project of the Year 8/10/09 Barnhart Inc has received the Public Works Project of the Year award from the American Public Works Association (APWA) for the Fontana Park Jessie Turner Health and Fitness Community Center. Barnhart provided general contrac...
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Ontario Plans for a Prosperous Future 8/05/09 Looking towards continuing to meet the needs of a growing and prosperous community not just today but also for the long term, the City of Ontario is actively processing entitlements, approving projects and planning for the fu...
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Master Development Signs New Tenant to The Sharper Image’s 269k sf Ontario Space 8/03/09 We recently heard about a sizable Inland Empire industrial signing that we thought you might want to know about. Master Development Corp (MDC) signed a new tenant to a six-year, $3.5 mil lease at 1545 E. Locust St in Ontario....
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