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• AutoZone to Park at Ontario Facility for another Five Years
1/08/08
The Inland Empire remains one of the more active regions in the country for commercial real estate activity. In this update we’ll take a look at three 2007 year-end transactions from throughout the Inland Empire, in Corona, O...
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• Capstone to Reload Winchester Res Lots
1/07/08
Developers remain optimistic about long-term residential development opportunities in the Inland Empire, as evidenced by the recent acquisition of 377 partially developed lots in the Winchester area of unincorporated Riversid...
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• Temecula Condo Rental Property Sells for $205k/Unit
1/04/08
A private investor out of Newport Beach paid $36.9 mil for Temecula Creek Villas, a 180-unit ($205k/unit) condo rental community in southern Temecula. The asset, the only condo rental complex in the region, is situated in clo...
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• United Natural Foods Takes 600k sf Moreno Valley Facility
1/02/08
In most areas of the country, a lease for an entire 600k sf facility would set records not soon to be broken, but in the Inland Empire they’re much more commonplace. Take this recent deal, for example, in which United Natural...
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• Seventh Street Sells Seven Buildings
12/26/07
Industrial buildings in the Inland Empire must be on a lot of Christmas wish lists, as reported end-of-year sales have been higher than some expected. In just the past 30 days, Long Beach-based Seventh Street Development has ...
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• Voit Sells 15 Acres at Waterman Business Park for 200k sf Office Campus
12/21/07
Owner/users are finding economical development opportunities within major new business park campuses in the Inland Empire. In just announced news, the California Housing Foundation acquired 15 acres of land at Waterman Busine...
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• New Lake Elsinore Project to Be Built the Fairway
12/19/07
A new 18-acre, 20-building business park in Lake Elsinore is slated to get underway in February 2008. The project, Fairway Business Park, is tailored to satisfy what project officials say is a void for a “wide range of option...
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• La Quinta to Get Fresh and Easy Retail Center
12/12/07
A new upscale neighborhood shopping center is in the works for La Quinta, a resort community of around 25,000 people situated roughly 25 miles southeast of Palm Springs in Riverside County. The $20 mil project, called The Pla...
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• Capstone Gets Green Light for Coachella Project
12/10/07
The City of Coachella has given approval to a new 20-acre mixed-use development that will consist of a 56k sf retail project called Van Buren Plaza and a residential component known as Durango. The project, a development of C...
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• Pomona Paper Mill to Be Redeveloped into Industrial Park
12/10/07
The site of a former paper mill in Pomona will soon be home to a new five-building, 408k sf industrial park to be called the Valley-71 Business Park. The project, a development of Long Beach-based Seventh Street Development, ...
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• Essex Properties Spends $17 Mil on Rancho Cucamonga Business Park
12/05/07
Essex Properties LLC, a Costa Mesa-based investment group, recently closed on a $17.05 mil industrial buy in the Inland Empire. The property is Arrow Business Park, a seven-building, 136.8k sf ($125/sf) multi-tenant project a...
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• Rexford Closes $13 Mil SoCal Industrial Buy
12/04/07
A SoCal industrial portfolio consisting of five separate properties recently traded hands in a transaction valued at roughly $13.2 mil. The properties, which contain a combined 120.7k sf ($109/sf) of space, were purchased by ...
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• Spec Industrial Project Betting on Solar Power
11/30/07
Seventh Street Development unveiled its solar electrical options for buyers of industrial buildings at its Waterman Business Center in San Bernardino -- believed to be a first for small and medium-sized applications for specu...
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• Rancho Santa Fe Center Signs Three New Tenants
11/29/07
A trio of recent signings has filled roughly 9k sf of space at Cielo Village, a 50.1k sf retail and office center in the exclusive hillside residential village of Cielo in Rancho Santa Fe. The upscale center includes 24.7k sf...
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• Fontana Site Acquired for 1.2 msf Industrial Development
11/28/07
A 62-acre site in the Inland Empire city of Fontana was recently acquired by a development partnership planning to add over a million sf of new industrial space to the region. The land, situated just minutes from the I-10 and...
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• Giant 1.7 msf Industrial Facility Absorbed by Whirlpool
11/16/07
By Allen Wolfsheimer
New distribution facilities in the Inland Empire keep getting bigger and bigger, as evidenced by the latest such building to come on line – the Perris Distribution Center, a whopping 1.7 msf structure de...
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• Stirling Begins Work on New 296k sf SoCal Logistics Facility in Victorville
11/15/07
Stirling Capital Investments has begun construction on a 296k sf Class A distribution building on 17.48 acres at the Southern California Logistics Centre (SCLC) in Victorville. Completion of the facility is anticipated for th...
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• Public Storage Cooks Up Tasty Palm Springs Deal with Mesquite
11/15/07
And in Palm Springs, Public Storage acquired Mesquite Self-Storage, a 107.9k sf facility located at 1000 S. Gene Autrey Trail. Mesquite Self-Storage is a modern, Class A, institutional-quality self-storage facility with an ex...
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• Donahue Schriber Underway with Two Palm Springs Centers
11/09/07
Residents and visitors of Palm Springs, the Inland Empire golf and vacation mecca, can look forward to two new retail centers before long, as Costa Mesa-based Donahue Schriber has started work on a pair of community shopping ...
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• The Commons an Uncommon New Project in Chino Hills
11/07/07
Opus West has started construction on The Commons at Chino Hills, a 500k sf power center in the Inland Empire valued at more than $150 mil. Set on 50 acres, the project will feature a 170k sf Lowe’s home improvement facility ...
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