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• Riverside Multifamily Property Offered at Just Under $13 Mil
12/23/08
A notable multifamily investment opportunity in the city of Riverside just hit the market, with an asking price of $12.95 mil ($90k/unit). The property is Emerald Pointe Apartments, a 144-unit asset located at 1863 12th St, a...
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• Ontario Biz Park Sells for $5.6 Mil
12/19/08
A 47.3k sf multi-tenant industrial and office business park located in the western Inland Empire city of Ontario recently was acquired in a $5.6 mil ($118/sf) investment transaction. The property, Airport Tech Center, consist...
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• New Fontana HQ Facility Built with and for Door Components
12/12/08
A new, $11 mil corporate HQ facility in the city of Fontana offers a dramatic respite from some of the more mundane commercial buildings in the area. Built by Oltmans Construction Company for Door Components Inc, the intentio...
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• AEP Inks Lease for 144k sf of Industrial Space in the Inland Empire
12/10/08
While demand for most types of space may have slowed considerably over the past year, there are still businesses out there that need to find sensible new space alternatives. One such company is AEP Industries, a manufacturer ...
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• San Jacinto Shopping Center Listed at $455/sf
12/09/08
Mount San Jacinto Plaza, a 26.3k sf shopping center in the Riverside County community of San Jacinto is being offered for sale with an asking price of $11.98 mil, or roughly $455/sf. Located at 1811-1821 San Jacinto Blvd, eas...
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• New Corona Office Tower Completed
12/08/08
Construction has just been completed on a new six-story, 160k sf Class A office tower located at 4160 Temescal Canyon Rd in Corona, within the master-planned community of Dos Lagos. The building, which broke ground in Februar...
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• Gene Autry the Star of New Coachella Valley Retail Project
11/20/08
Investec Real Estate Companies is poised to break ground on a new 60k sf Coachella Valley shopping center called Gene Autry Plaza, located at the southeast corner of Ramon and Gene Autry Trail (Hwy 111) in Palm Springs. The p...
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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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