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• Kimpton to Operate New 4-Star Hotel in Ontario
6/23/08
In the latest real estate news from Ontario, OliverMcMillan, the developer of the city’s historic Guasti District, has selected Kimpton Hotel & Restaurants to operate the city’s first luxury boutique hotel. Kimpton, one of th...
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• Rancho Cucamonga Apartment Community Sells for $44 Mil
6/16/08
Archstone Woodsong, a 262-unit apartment community in Rancho Cucamonga, was purchased by a Phoenix, AZ-based investment entity for $44 mil, or $167.9k/unit. The property is located at 8255 Vineyard Ave, west of I-15 at the co...
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• Relax – Enjoy a Few Coronas
6/10/08
Corona is one of the more popular cities in the Inland Empire for businesses looking for larger, well-priced blocks of space, thanks in part to a central SoCal location that offers easy access to LA, Orange and San Diego Coun...
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• Optimistic Outlook for Inland Empire Apartment Market
6/06/08
Although apartment properties in the Inland Empire will likely experience a slowing in renter demand this year, the metro’s extended outlook remains fairly optimistic, according to Marcus & Millichap’s first-quarter Apartment...
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• Hunter to Become the Hunted
6/02/08
In the latest news from the Inland Empire, Hunter Park Business Center, a 294.1k sf industrial park in Riverside, has been put on the market. The high-image business park, which is located on 1080-1140 Citrus St, is comprised...
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• Retailers Flock to New Inland Empire Center
5/29/08
The Shoppes at Chino Hills, a new 400k sf, open-air lifestyle center in Chino Hills that just opened for business last Friday, May 23, got off to a great start, partly because of 25 recent signings at the new development. Amo...
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• CT Buys the Fleetwood of Riverside Business Parks
5/28/08
With the city of Riverside considered by leading business publications to be one of the top markets in the country for job growth, developer interest in commercial properties throughout the area remains a lot stronger than in...
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• Victorville Industrial Facility a Stirling Example of New Development at SCLC
5/27/08
Construction has been completed on a new 296.5k sf distribution facility at the Southern California Logistics Centre (SCLC) in Victorville. The Class A building, affectionately known as Distribution Centre 13A, is the fourth ...
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• Riverside Ranked as a Leading City for Job Growth
5/09/08
Businesses pondering relocation and developers looking for opportunities should give some consideration to the City of Riverside, which continues to top national economists’ lists for job and employment growth, due to its div...
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• Investors are Hungry for Arby’s
5/06/08
One of the most popular types of investment products is fast food restaurant stores that are NNN-leased to major chains. In this update we’ll take a look at three recent such deals, all for Arby’s restaurants in SoCal and all...
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• New Temecula Industrial Product to be Filled with Pet Products
5/06/08
Although consumer spending for many types of products has slowed down over the past year, one segment of the economy that seems impervious to a potential recession is pet supplies. As evidence, one company in the field, Garmo...
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• Investor Pays $487/sf for Chino Hills Retail Center
5/02/08
“The transaction represented a record breaking price per square foot in the county for a neighborhood shopping center and at the same time satisfied the buyer’s return on capital requirement. Both the buyer and seller were ex...
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• Unique SoCal Development Opportunity Hits the Market
5/02/08
For any of you looking for a truly unique residential or spa-type development opportunity hidden away on some of SoCal’s most gorgeous topography, here’s news of a listing that might fit the bill. Rancho Santa Rosa, a sprawli...
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• At 57k sf in Size, Latest Corona Office Offering is a Mammoth Building
4/28/08
A new 57.2k sf multi-tenant professional building in Corona, near the border of Orange County and the Inland Empire, was just completed and is ready for occupancy. The three-story project, a development of Mammoth Equities LL...
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• Medical Practitioners Look Forward to Sunrise in Palm Springs
4/23/08
A medical office project planned for Palm Springs is expected to begin construction in summer of 2008, with completion slated for early 2009. The project, Sunrise Medical Offices, will offer almost 20k sf of medical office sp...
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• Wrightwood Capital Provides $26 Mil for Corona Retail Center
4/22/08
The Shops at Sycamore Creek a 93k sf grocery-anchored retail development project in the city of Corona was financed with $26.1 mil of senior debt and $8.1 mil in mezzanine money from Wrightwood Capital. The property is at the...
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• New Inland Empire Mixed-Use Project Soaks Up Jacuzzi
4/17/08
In what is said to be one of the largest office lease signings in Chino Valley, Jacuzzi Brands Corp, the well-known manufacturer of hot tubs and other related products, inked a six-year lease for 30.8k sf of office space at T...
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• George Smith Partners Arranges $22.5 Mil for San Bernardino Apt Buy
4/17/08
George Smith Partners Inc has arranged a $22.5 mil bridge loan for the acquisition of Mountainside Village Apartments, a 197-unit multifamily property located at 1660 Kendall Dr in San Bernardino. Situated across from Califor...
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• Norco Retail Center Trades for $8 Mil
4/15/08
Hidden Valley Village, a 32.3k sf shopping center located at 1101-1161 Hidden Valley Pkwy, east of the I-15 and north of the 91 Fwy in Norco, was acquired by a private investor for $8 mil ($248/sf). Built in 2001, it is situa...
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• Arizona Pipeline Flows into Corona
4/14/08
There were a couple of recent land buys in the Inland Empire worth mentioning. One of the transactions was in Murrieta, while the other was in Corona.
We’ll start with the Murrieta deal, where Interra Development Partners L...
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