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June 16, 2025
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INLAND EMPIRE NEWS
Archive
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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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• Investors Continue to Pursue NNN Retail Opportunities
3/13/09
Despite the current economic downturn, NNN-leased retail properties continue to be desirable investment commodities in well-positioned markets, as evidenced by a trio of recent deals brokered by Cushman & Wakefield. The trans...
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• Menifee Retail Center Sells for $397/sf
3/10/09
Newport Crossing, a 25k sf retail center in the Riverside County community of Menifee, was acquired by LA-based Arya Investments LLC for $9.95 mil ($397/sf). The property is located at 26015-26035 Newport Rd, at the signalize...
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• Dr. Pepper to Perform $120 Mil Procedure in Victorville
3/05/09
Dr Pepper Snapple Group Inc has acquired 53 acres of land at Southern California Logistics Centre (SCLC) in Victorville for the development of a new western production and distribution center. The site was sold by Stirling Ca...
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• Voit Completes Phase II at Waterman Biz Park
2/25/09
Construction just wrapped up on Phase II at Waterman Business Park, Voit Development Company’s 500k sf mixed-use office and industrial business center situated on 31 acres along Waterman Ave in San Bernardino. Phase II at ...
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• New Chino Hills Medical Project Promises Country Club Workplace
2/19/09
Zion Enterprises, a San Clemente-based developer of medical office properties, just broke ground on a new 30k sf project in Chino Hills. Called Country Club Medical/Dental Plaza, the two-story development is located at 15994 ...
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• Aspen Distribution Leases 103k sf Ontario Facility
2/17/09
Although transaction velocity may have slowed noticeably over the past year, the Inland Empire continues to see its share of leasing activity, as many businesses find the region an important strategic location, particularly f...
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• Kenco Inks $11 Mil Lease for 500k sf Redlands Facility
2/13/09
The Inland Empire recently witnessed a very newsworthy industrial lease, as Kenco Logistics Services agreed to a five-year, $11 mil deal for a 517.3k sf ($0.35/sf/mo) facility within the Watson Commerce Center Redlands, in th...
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• Deep Discounter Takes Riverside Retail Space
2/12/09
A pair of SoCal retail leases negotiated by Tustin-based Coreland Companies totaled up to around $4 mil in total value. In the larger of the deals, dd’s Discounts inked a 10-year, $2.58 mil lease for 20.2k sf ($1.06/sf/mo) of...
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