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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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Kearny Adds More Lease Signings to Its Inland Empire 2/02/09 Kearny Real Estate Company recently inked two new tenants at a pair of its Inland Empire industrial properties. The transactions are for a total of 175.2k sf of space.
In one of the leases, Luxe Cabinetry agreed to a five-ye...
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Trilogy Golf Club Sale Leads Trio of SoCal Sales 1/22/09 Trilogy Golf Club at La Quinta, an 18-hole championship golf course located at 60-151 Trilogy Pkwy, south of I-10 and west of Hwy 111 and Desert Resorts Regional Airport, was acquired by TLQ Partners in an $8.6 mil deal. The...
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Investors Nab Riverside Office Properties 1/19/09 Two Riverside commercial properties, totaling 110.3k sf of space, recently sold in separate transactions with a combined value of $10.5 mil. In one of the deals, Iglesia de Cristo Elim Riverside Inc purchased a 58.5k sf build...
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Work Wrapped Up on New Inland Empire Medical Office Project 1/15/09 Work on Claremont Medical Plaza, a new 50k sf Class A medical office building in the San Bernardino County community of Claremont, has just been completed. The two-story building, located at 1601 Monte Vista Ave, on the corne...
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Safelite Inks Lease for 282k sf of Distribution space in the Inland Empire 1/06/09 Safelite AutoGlass, one of the largest providers of vehicle glass repair and replacement services in the nation, inked a lease for 282k sf of industrial space in the western Inland Empire city of Ontario. Terms of the transac...
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