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Design Build Team Wins Honor Award for Water + Life Museums in Hemet 11/19/08 Principals of Lehrer + Gangi Design + Build, a venture of Lehrer Architects and Gangi Architects, the architecture and planning division of Burbank-based Gangi Development, were presented one of six Honor Awards during ceremo...
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Long-Range Outlook Favorable for Inland Empire Housing Sector 11/14/08 Although ongoing weakness in the housing sector has contributed to steady job losses and rising vacancy in the Inland Empire, the region’s long-range prospects remain favorable, according to a third-quarter Apartment Research...
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The Schwarz is with Rancho Cucamonga Landlord 11/13/08 For those of you who follow industrial lease comps from the Inland Empire, here are two recent transactions to note, from Rancho Cucamonga and San Bernardino. In the Rancho Cucamonga deal, Schwarz Paper Company inked a three-...
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New Rancho Cucamonga Workforce Project to Add 166 Res Units 11/06/08 A new workforce housing project slated for development in the heart of Rancho Cucamonga, at Route 66 and Center St, near Haven Ave, will boost housing in the region by 166 units, of which 80 percent will be set aside for thos...
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New RENTV Executive Report: Inland Empire Hot Transactions 10/31/08 Here’s a great way to keep up with all of the transaction activity throughout the Inland Empire over the past year. RENTV’s latest executive report -- a compilation of closed office, industrial and retail sale and lease comps...
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Murrieta Business Community to Join the Ivy League 10/29/08 Business professionals in the city of Murrieta will soon have a classy new office option to consider, as the SPD Group LLC has started construction on Ivy Place Office Condominiums, a Class A, two-story, 38.8k sf project loca...
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Inland Empire Retail Center Offered at $10 Mil 10/27/08 Here’s the scoop on a well-located retail asset in the Inland Empire that just hit the market. The property, Oak Glen Plaza, is a 29.4k sf center in Yucaipa, a city of roughly 50,000 people situated in eastern San Bernardino ...
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Inland Empire Seeing Increasing Vacancy Rates 10/24/08 Uncertainty in the economy is taking a toll on the Inland Empire’s commercial real estate market with the vacancy rate for both office and industrial space on the rise, according to just-released third quarter 2008 Office and...
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Rancho Cucamonga Medical Office Building to Get Some Plastic Surgery 10/17/08 Catching up on some recent deal comps from the Inland Empire, we’ll start off in Rancho Cucamonga, where Dr. Jacob Haiavy paid $3.1 mil for an 11k sf ($282/sf) medical office building at 8680 Monroe Ct, south of Foothill Blvd...
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Planned Mixed-Use Community in Indio Receives $26.5 Mil in Senior Debt 10/15/08 Development of Northgate Crossing, an 80-acre mixed-use community planned for the city of Indio, is closer to getting underway thanks to the recent senior debt financing placement of $26.5 mil, arranged by Highland Realty Cap...
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New 90k sf Calimesa Retail Center to Break Ground 10/08/08 Developers of a new 90.3k sf neighborhood center in the City of Calimesa, The Shoppes at Calimesa, are about to break ground on the first of two phases. The $30 mil, 9.4-acre project, which is located on Calimesa Blvd at Myrt...
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HFF Arranges $13.3 Mil for Third Phase of Rancho Cucamonga Multifamily Project 10/07/08 While financing has become more difficult to secure these days, opportunities do exist for the right deal, especially if the property has a good track record. For example, in Rancho Cucamonga, HFF (Holliday Fenoglio Fowler L....
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Turner Development Looks to SchoolsFirst to Fill Riverside Office Project 10/01/08 In a recent Riverside office lease, SchoolsFirst Federal Credit Union, the nation’s largest credit union for school employees, took 22k sf of space at The Towers at Riverwalk, a two-building, four-story office development con...
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Ontario Storage Facility Trades for $9.6 Mil 9/24/08 September 24, 2008 – Ontario Storage Facility Trades for $9.6 Mil
Inland Empire update includes deals from Chino, Montclair and Corona
The William Warren Group has acquired the Lockaway Storage facility in Ontario in a $9.6 ...
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Inland Communities Donates 235 Acres to Cal State San Bernardino 9/23/08 Los Angeles-based Inland Communities Corp, which owns and is developing land north of California State University, San Bernardino (CSUSB), has donated 235 acres to the campus for use as a natural preserve, as well as four acr...
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New Development is Fresh & Easy in Rialto 9/16/08 Despite all the reports of doom and gloom in the Inland Empire of late, Rialto, a city of just over 100,000 people situated just west of San Bernardino in San Bernardino County, is benefiting from population growth, new trans...
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Investors Still Hot for NNN-Leased Retail Assets 9/12/08 While investment interest for some real estate product types has waned over the course of the year, demand for well-located single-tenant retail properties in Southern California remains strong. As evidence, we got the scoop ...
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Passco Pays $12.5 Mil for Palm Desert Retail Development Project 9/10/08 Passco Companies Development LLC has acquired Washington Square, a six-acre, 50k sf retail project located just off I-10 at Washington St and Market Place in Palm Desert, still under development. Situated adjacent to the main...
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Wildomar Office Lease is an Urgent Matter 9/04/08 In a recent Inland Empire office deal, Inland Urgent Care leased 5.1k sf of medical office space at 36320 Inland Valley Dr, east of the I-5 and south of Clinton Keith Rd in the newly incorporated city of Wildomar. The 10-year...
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Riverside Medical Office Project Completed 8/27/08 The final phase of Medical Park at Riverwalk, a new medical office complex in the city of Riverside, has just been completed. The two-building project, built by Newport Beach-based Turner Development, helps satisfy a growing ...
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