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• ARK Management Lands 424k sf Retail Assignment
8/02/10
ARK Management was awarded the management assignment for Lake Elsinore Marketplace, a 424.9k sf power center in Lake Elsinore, CA. The firm has added more than 650k sf of third-party commercial management space to its portfol...
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• Phoenix Realty Group Purchases 424 Units in the Inland Empire
7/27/10
Phoenix Realty Group (PRG) recently acquired 424 apartment units in the Inland Empire in two transactions totaling over $30 mil. The properties were purchased on behalf of its institutional real estate fund targeting workforc...
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• Ontario Office Deals Ring Up to Over $10 Mil
7/20/10
A pair of recent office leases in Ontario combined for over $10 mil in total value. The transactions, with University of Phoenix and Defense Contract Management Agency (DCMA), took place at the 100k sf University Plaza, loca...
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• Sandie Smith and Angie Nett Join Grubb & Ellis
7/19/10
Sandie B. Smith and Angie Nett have joined Grubb & Ellis Company as Senior Vice President and Senior Associate, Retail Group, respectively. The team, which specializes in leasing and sales, joins from CB Richard Ellis.
As...
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• National University Agrees to Ontario Office Renewal
7/08/10
National University, California’s second-largest private, non-profit institution of higher education, recently closed a notable office lease in Ontario, agreeing to a long-term deal for 25k sf with the Empire Towers office pa...
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• 264k sf Ontario Industrial Facility Sells to Cels
7/08/10
In a recent Ontario owner/user buy, Cels Enterprises, a shoe sales company, purchased a 264.7k sf industrial building at 1251 S. Rockefeller Ave, north of Jurupa St and just west of I-15. The property was sold by Arrow Electr...
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• Clothing Distribution Company Leases San Bernardino Facility
7/06/10
FTDI West Inc, a Florida-based clothing distribution and logistics company, signed a 66-month lease for the entire 191.2k sf building at 5404 Industrial Pkwy in San Bernardino, within the Industrial Parkway Business Center. ...
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• DirecTV Leases Victorville Space
6/22/10
DirecTV leased a 13.2k sf concrete tilt-up industrial building in Victorville to be used as the company’s regional service center for the High Desert and surrounding areas. The building is located on Bonanza Rd, off of Park A...
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• Plastipak Takes Another 65k sf at Victorville Industrial Complex
6/21/10
Plastipak Packaging Inc leased 65k sf of additional industrial space in Victorville after signing a new eight-year, $2 mil ($0.32/sf/mo) deal with Stirling Capital Investments at Southern California Logistics Centre (SCLC), a...
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• Dedeaux Properties Celebrates 135k sf Inland Empire Lease with Plenty of Ribbon
6/14/10
Hollywood Ribbon Industries inked a lease for 135k sf of industrial space at a recently renovated Rancho Cucamonga property. Located at 9000 Rochester Ave, south of Foothill Blvd and just west of I-15, the property offers ex...
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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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