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Dr. Pepper’s Cure for New Western Distribution Hub - Victorville 8/01/08 Score another major distribution deal for SoCal’s growing High Desert region, as Dr Pepper Snapple Group Inc has selected Victorville as the location for its new Western manufacturing and distribution hub, which will serve Ca...
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New Fontana Retail Center Open for Business 7/30/08 Construction on Heritage Crossing, a new $6.8 mil shopping center in the Inland Empire city of Fontana, was just completed. The 4.86-acre project includes a multi-tenant retail building, state-of-the-art Jump Start Express Ca...
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Slow Times for Inland Empire Office Market 7/29/08 A mid-year review of the Inland Empire office market does not look all that promising for owners and developers, at least not in the short-term, according to Grubb & Ellis. This 2nd Quarter Office Market Trends report about t...
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La Quinta Retail Project to Get Underway 7/25/08 Construction on Jefferson Square, a new $24.3 mil, 90.4k sf supermarket/drug-anchored shopping center in La Quinta, is slated to begin on August 1, 2008. The project, being developed by Marinita Development Company in a joint...
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Retail Buyers Snap Up $12 Mil of Inland Empire Properties 7/23/08 Two recent retail property sales in the Inland Empire totaled up to more than $12 mil. The properties include: the pre-sale of a single-tenant Rite Aid drug store in Lake Elsinore and Brighton Retail Plaza located in Montclai...
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Construction Supply Companies Lease Corona Facilities 7/21/08 We have two recent industrial lease comps from the Inland Empire city of Corona to share with you, each of which has a value of around $3 mil. In the more recent deal, Assa Abloy Door Group Inc agreed to a 61-month, $3.1 mil ...
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HFF Recapitalizes Pair of Inland Empire Multifamily Properties 7/18/08 Two multifamily communities in the Inland Empire have been recapitalized in recent financings totaling $33.4 mil. The properties are the 172-unit Sunscape Apartment Homes in Alta Loma and the 180-unit Linden Court Townhomes i...
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Retail Development Running Ahead of Demand in the Inland Empire 7/17/08 In 2008, increased development activity will outpace tenant demand in the Inland Empire, according to a second-quarter Retail Research Report by real estate investment services firm Marcus & Millichap. On the supply side, bui...
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Sam I Am Says Northwoods Resort and Conference Center 7/15/08 McSam Hotel Group, the very active NY-based hotel owner/developer led by Sam Chang, just closed on a $12.5 mil buy of the Northwoods Resort and Conference Center, a 148-room hotel ($84.5k/unit) in Big Bear Lake. It was sold b...
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AMB’s Latest Tenants are Real Bratz 7/14/08 By Allen Wolfsheimer
MGA Entertainment Inc, the Van Nuys-based manufacturer of the popular line of Bratz dolls, has agreed to an eight-year, $22.2 mil lease for the remaining 749k sf ($0.31/sf/mo) of space at AMB Property Co...
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Demand for Modern Industrial Space is Making Fontana the Logistical Choice 7/03/08 A new six-building, 3.3 msf industrial development in the heart of the Inland Empire is slated to break ground at the end of the first quarter in 2009. Called West Valley Logistics Center, the project is a development of Texa...
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New Chino Res Project Includes 106 Affordable Units 6/25/08 Meadow Square, a new 250-unit apartment community located at 7750 Desert Holly St, near the intersection of Pine Ave and Euclid Ave in Chino, is now open and currently available for lease. Situated within The Preserve at Chin...
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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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