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• Hampton Inn & Suites at Turner Riverwalk Gets Underway
5/06/09
Construction is underway on a 132-room Hampton Inn & Suites at Turner Development Corporation’s Turner Riverwalk, a 1 msf master-planned business park in Riverside. Sun Development and Management Corporation is the developer...
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• Victorville Seeing Strong Retail Activity
5/04/09
The City of Victorville continues to see considerable new retail activity, much of which is in response to an ongoing influx of major companies relocating at the Southern California Logistics Centre and other modern, well-loc...
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• 1031 Exchange Buyer Reaches $25 Mil Crossroads in Chino Hills
5/01/09
Here’s the scoop on a sizable retail trade from the Inland Empire, as a 1031 exchange buyer acquired the 90.9k sf Crossroads Entertainment Center in Chino Hills for $25.53 mil ($281/sf). The property is situated on 10.5 acres...
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• San Jacinto Seeing Steady Demand for Retail
4/29/09
Despite the economic woes that have hit Southern California, the City of San Jacinto in Riverside County has enjoyed a number of recent retail openings in addition to considerable new construction planned or underway, some of...
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• Inland Empire Retail Center Fetches $79 Mil Price Tag
4/28/09
The Inland Empire recently saw a significant retail investment deal, as SKT Investments acquired the 539.3k sf Crossroads Marketplace in Chino Hills for $79 mil, or roughly $146/sf. As part of the transaction, SKT assumed the...
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• IDS Group Leases 645k sf Mira Loma Facility
4/23/09
Here’s news of a very large SoCal industrial lease, as IDS USA, an integrated distribution services provider and IDS Group company, agreed to a deal for a 645k sf warehouse facility in Mira Loma. The building, AMB Galleano, i...
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• NAI Capital Expands Inland Empire Team
4/21/09
Encino-based NAI Capital is expanding its efforts in the Inland Empire with the recent addition of a number of brokerage pros to the company’s offices in Riverside and Ontario.
Joining the firm’s Riverside office are broker...
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• $110 Mil High School Project Completed by Barnhart
4/17/09
In the latest SoCal construction news, Barnhart Inc has completed the $110 mil Tahquitz High School for the Hemet Unified School District. The 238.1k sf campus was phased in over four years and incorporates the best features ...
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• Exchange Buyer Acquires 25k sf Portion of Rancho Cucamonga Center
4/15/09
A 25k sf portion of shop space within Day Creek Village, a grocery anchored shopping in Rancho Cucamonga, was acquired by a 1031 exchange investor for $11 mil, or about $440/sf. The center is located at 12223-12273 Highland A...
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• New Rancho Cucamonga Mixed-Income Housing Project Underway
4/14/09
Construction on a new, 166-unit workforce housing project in the Inland Empire is well underway. Called Villagio at Route 66, the project is being developed by Workforce Homebuilders LLC of Rancho Cucamonga, in a partnership ...
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• Inland Empire Retail Market Not Quite Ready for a Rebound
4/09/09
With the local economy weakened by deep job cuts and the housing downturn, developers are reducing retail completions considerably in the Inland Empire, however; the overhang of space from store closures is expected to persis...
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• Barnhart Gets Good Grades for completed $32 Mil Project at San Jacinto High School
4/08/09
Work on a $32 mil project at San Jacinto High School that includes a 77.2k sf addition along with the modernization of existing space has just been completed. The expansion, handled by Barnhart Inc on behalf of the San Jacint...
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• HFF Finds Fairway to Arrange $22 Mil for Inland Empire Complex
4/07/09
HFF (Holliday Fenoglio Fowler L.P.) has secured $22.1 mil in refi money through Freddie Mac for Fairway Palms Apartments, a 236-unit multifamily community in Rancho Cucamonga. Fairway Palms Apartments is located at 11201 5th ...
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• Local School District Picks Up 34k sf Vacaville Office Building
4/03/09
The Vacaville Unified School District recently acquired a 33.6k sf Class A office building in the city of Vacaville for administrative office use. The two-story Class A building was built in 2007 and is part of the three-buil...
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• Western National Lands Leasing/Management Assignment for New Inland Empire Project
4/01/09
Hutton Development Company has awarded the leasing and management responsibilities for its new luxury apartment community, College Park Apartment Homes, to Western National Property Management. College Park is a 448-unit, 40...
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• Automotive Parts Distributor Spends $25 Mil on Moreno Valley Facility
3/31/09
In a notable industrial property buy, even for the Inland Empire, a 408k sf facility in Moreno Valley was just acquired by Springfield, MO–based Ozark Automotive Distributors for $25 mil ($61/sf). The buyer will use the prope...
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• Claremont University Consortium Inks Lease for Book Repository in Upland
3/25/09
In the latest activity from the Inland Empire, Claremont University Consortium, out of Claremont, inked a five-year lease for a 20.5k sf industrial building at 2038 W. Eleventh St, south of Foothill Blvd and east of Claremont...
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• New Victorville Facility Goes from Stirling to Gold
3/24/09
Stirling Capital Investments was awarded a LEED Gold certification from the U.S. Green Building Council (USGBC) for an industrial distribution facility constructed within Southern California Logistics Centre (SCLC) in Victorv...
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• New 127-Acre Industrial Development Planned for Mojave
3/19/09
Two very active SoCal-based brokerage firms – NAI Capital and The Bradco Companies -- were named to jointly market a new, 127-acre fully entitled industrial project in Mojave, CA. The rail-served development, adjacent to the ...
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• Barnhart Fired Up Over $64 Mil Weapons Center Project
3/17/09
In news of an interesting SoCal commercial development, Barnhart Inc and Naval Facilities Engineering Command (NAVFAC) Southwest have just broken ground on the $63.7 mil Weapons and Armament Technology Center at the Naval Air...
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