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• $15 Mil Corona Industrial Sale is a CertainTeed
4/09/08
A 127.8k sf, fully leased industrial facility in the city of Corona was purchased by a private investor for $15 mil, or just over $117/sf. The building is occupied by CertainTeed Corporation, which manufactures and markets vi...
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• Hopkins and Rockwood to Unveil New Retail Center
4/04/08
City officials, civic leaders, business associates, industry brokers and tenants will be in attendance as shopping center developer Hopkins Real Estate Group (HREG) and development partner Rockwood Capital Corporation host a ...
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• Norco Seniors Center Re-Opens after Renovation Program
4/02/08
A newly renovated and 100% affordable 86-unit senior apartment community recently celebrated its grand re-opening in the Riverside County city of Norco. Located at 2665 Clark Ave, Heritage Park Senior Apartments was acquired ...
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• Victorville is Developing a Stirling Reputation
3/31/08
While development may be slowing in some areas, activity remains strong in SoCal’s High Desert region, as Stirling Capital Investments just completed work on Global Access Business Centre, a 223.8k sf, two-building Class A mu...
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• Hillwood Moving Forward with More Development at AllianceCalifornia
3/27/08
Additional development is in the works at the massive AllianceCalifornia campus in San Bernardino, as Hillwood, the project’s master developer, is about to begin construction on the Southgate portion. Located on the east side...
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• New Coachella Industrial Project Offers Smaller Buildings for Sale or Lease
3/26/08
Pacific Industrial Park, a new industrial development in the Coachella Valley, is set to break ground. The development, which will consist of eight smaller buildings of 5k sf to 7.5k sf for sale or for lease, is located near ...
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• Continued Job Creation to Boost Inland Empire Office Market in 2008
3/25/08
In contrast to much of the recent news stories talking about more difficult times in the Inland Empire because of the residential and credit situation, a recent report by Marcus & Millichap says that the 2008 outlook for the ...
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• Investor Picks Up Moreno Valley Office/Retail Building
3/18/08
A private investment partnership from Riverside acquired Sunnymead Professional Building, an 8.7k sf office/retail center located at 23205, 23207 & 23209 Sunnymead Blvd in Moreno Valley. Situated less than a 1/2 mile south of...
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• Riverside Buy a Safe Investment Thanks to ProArmor
3/13/08
ProArmor, a manufacturer of racing parts, was recently involved in two industrial sale transactions in the Inland Empire, as the company acquired a new HQ building in the city of Riverside and also sold their previous headqua...
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• Inland Empire Asset Listed for $11.7 mil
3/12/08
Here’s news of an interesting industrial investment opportunity in the Inland Empire, as Michael Lawrence of Marcus & Millichap has the listing for Ontario Airport Center, a 61.1k sf office building on a 2.54-acre lot at 337 ...
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• Increased Construction Expected to Bump Up Retail Vacancies in the Inland Empire
3/07/08
While an increase in construction activity is expected to lead to an uptick in vacancy this year, the Inland Empire’s strong demand drivers support a favorable long-term outlook for the region’s retail market, according to th...
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• New Grocery and Drugstore-Anchored Center Gets Underway in Corona
3/04/08
Residents in many parts of the Inland Empire are enjoying many more shopping choices these days, as developers continue to add more product to the region to meet the demands of a diverse and growing population. In Corona, Mar...
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• New Venture to Provide Expanded Services to the Coachella Valley
3/04/08
RiverRock Real Estate Group and Wilson Johnson Commercial have joined forces in a new venture to be called Wilson Johnson RiverRock, which will be the only Accredited Management Organization (AMO) based in Palm Desert. The ar...
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• Ontario Strip Center Sells for $7.4 Mil
3/03/08
Archibald’s Plaza, a 15.5k sf Starbucks-anchored retail center in Ontario, was purchased by a Rolling Hills Estates-based investor for $7.38 mil ($476/sf). The multi-tenant strip center is located at 2910 & 2920 Archibald Ave...
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• Logistics Company Takes 340k sf San Bernardino Space
2/28/08
The Inland Empire is a favorite location for many logistics companies, due in great part to the region being ideally located for use as a major transportation hub for products coming through Southern California. A big deal in...
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• New Rancho Cucamonga Center Sells for $681/sf
2/28/08
A San Diego-based investment entity paid $19.75 mil for Foothill Plaza, a 29k sf ($681/sf) center in Rancho Cucamonga. The property, which was completed in July 2007, is located at the intersection of the 15 Fwy and Foothill ...
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• Developer Sees Stirling Opportunity in Victorville
2/27/08
As more and more major companies are turning to Victorville and the High Desert area as a major distribution hub, development activity in the region continues to grow. One company that is very high on the High Desert is Stirl...
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• San Bernardino Apartment Complex Sells for $26.5 Mil
2/26/08
A 197-unit apartment community in San Bernardino sold for $26.5 mil, or $134.5k/unit, in a recent transaction. The 164.8k sf asset, called Mountainside Village Apartments, is located at 1660 Kendall Dr, east of I-215 at Unive...
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• Riverside Center Gets Underway
2/25/08
Construction has just begun on a new 26.4k sf convenience center in the city of Riverside that is already 85% pre-leased. The development, Orangewood Centre, is located at the northeast corner of Van Buren Blvd and Dauchy Ave...
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• Home Depot Relocates from Chino to Ontario
2/20/08
Home Depot, the giant home improvement chain, is on the move in the Inland Empire, relocating from Chino to Ontario, only a short distance away. The retailer’s existing 102.7k sf store, located at 5450 Walnut Ave in Chino, wa...
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