|
• Transwestern Development Co Starts Work on 225k f Spec Warehouse in the Inland Empire
2/27/20
Transwestern Development Co has broken ground on I-215 Commerce Center, a 225.2k sf speculative warehouse at the corner of East Cooley Dr and Ashley Way in Colton. Situated near the junction of Interstates 215 and 10, the ind...
|
• Bridge Development Partners Completed Over $450 Mil in Acquisitions During 2019
2/25/20
Bridge Development Partners LLC has delivered nearly 1 msf of Class A industrial product and acquired more than 4.5 msf of future development across California in 2019. Across California in 2019, Bridge completed eight acquis...
|
• Newly Constructed Sprouts Market in the Inland Empire Sells for Over $10 Mil
2/25/20
A newly constructed, single-tenant Sprouts Farmers Market at the Highland Village Shopping Center in Fontana sold for $10.4 mil. The transaction had a 5.19% cap rate, what we’re told is a record-low cap rate and a record-high...
|
• Cardinal Health’s 1 msf State-of-the-Art Inland Empire Distribution Center Trades Hands
2/20/20
A 1 msf warehouse and distribution facility at 6275 Lance Dr in Riverside was purchased by an unnamed institutional buyer. The asset, located within the 920-acre Sycamore Canyon Business Park, was sold by Dedeaux Properties,...
|
• Four Newly Constructed Industrial Buildings in Lake Elsinore Sell for $8 Mil
2/19/20
Adler Realty Investments Inc and Fairway Commercial Partners Inc recently sold four buildings in phase two of Fairway Business Park in the city of Lake Elsinore. The buildings were sold to four separate owner-users in separat...
|
• CBRE Global Investors Fund Buys Industrial Asset in the Inland Empire
2/17/20
A fully leased, 143.3k sf distribution facility in San Bernardino was acquired a fund sponsored by CBRE Global Investors. The last-mile building, located at 945 South Sunnyside Ave, is leased to FedEx.
The facility, known as...
|
• Poincare Group LLC Spends $26 Mil on 118k sf of Temecula Retail Assets
2/12/20
In Temecula, Poincare Group LLC purchased Bel Villaggio I-II and Bel Villaggio III, adjacent retail centers leased to a complementary mix of internet resistant tenants. The assets, which traded for $26.1 mil, total 117.8k sf ...
|
• Riverside Residential Building Goes for $153k/Unit
2/11/20
A 15-unit apartment complex in Riverside sold for $2.3 mil, or $153.3k/unit). The property, known as Kansas Apartments, is located 3332 Kansas Ave and totals 14.1k sf.
The building features 15 units that are fully leased wi...
|
• Exchange Investors Pick Up Multiple Buildings at Inland Empire Retail Center in Deals Totaling $33 Mil
2/11/20
Four different buyers have acquired five new-construction retail buildings totaling 57k sf at Eastvale Marketplace, a grocery-anchored shopping center in the Inland Empire city of Eastvale. The sales added up to a combined pr...
|
• Temecula Mixed-Use Property Gets New Owner in $8.8 Mil Deal
2/05/20
Front Street Plaza, a mixed-use residential and commercial property Temecula, was purchased for $8.8 mil by a private investor. Located at 28693 Old Town Front St, Front Street Plaza sits in the heart of the city.
The prope...
|
• La-Z-Boy Manufacturing Facility in the Inland Empire Sells for $11.5 Mil
2/03/20
A 193.5k sf La-Z-Boy manufacturing facility in Redlands has sold for $11.5 mil, or $59/sf. The property, located at 301 Tennessee St, was acquired by ACC BLD LLC, an entity of ESRI. The company is an international supplier of...
|
• Draftsmen & Craftsmen
1/31/20
RevOZ Capital (RevOZ) has broken ground on an 11.3k sf, build-to-suit office project in San Bernardino. Previously a residential one-story triplex, the single-story facility will house San Bernardino County's Children's Depar...
|
• Birtcher Development Acquires 20 Acres in the Inland Empire for Industrial Development
1/31/20
Birtcher Development LLC has acquired a 20-acre land parcel fully entitled for the development of a spec 406.7k sf regional fulfillment and distribution center. Birtcher purchased the asset from 6th Street LLC for $17.6 mil. ...
|
• Cali Wine & Vine Leases 48k sf of Space in Temecula
1/29/20
Cali Wine & Vine signed a seven-year lease for 47.8k sf of space in Temecula. The company will use the space, located at 43085 Business Park Dr, as its headquarters, wine-making, bottling, labeling, storage, and distribution ...
|
• Inland Empire Easily Leads U.S. in Large Warehouse Lease Deals
1/29/20
The Inland Empire topped the list of the 100 largest warehouse deals in the U.S. last year with 21 transactions totaling 17.5 msf, according to a new report from CBRE.
The Inland Empire outperformed the next closest market ...
|
• Inland Empire Two-Tenant Retail Property Trades in Record Deal
1/29/20
A freeway-adjacent, two-tenant retail investment occupied by In-N-Out Burger and Corky’s Kitchen & Bakery in San Bernardino County sold for $8 mil in a deal that works out to $956/sf and a cap rate of 4.11%. We’re told this i...
|
• Bar Logistics Leases 337k sf of Distribution Space in the Inland Empire
1/23/20
In a recent industrial lease in the Inland Empire, Bar Logistics Inc agreed to a five-year, $10 mil deal for 337.7k sf ($0.49/sf/mo) of space in Moreno Valley. The building is located at 28025 Eucalyptus Ave, within the four...
|
• Inland Empire Residential Property Sells for Over $100k/Unit
1/16/20
Villa Real Apartments, a 43-unit multifamily property in San Bernardino, sold for $4.59 mil, or $106.7k/unit. Located at 4190 Sepulveda Ave, the property features all one-bedroom/one-bathroom units. The property sits in proxi...
|
• First Phase of Temecula Mixed-Use Project Started with $19.8 Mil in Funding
1/16/20
W Development Partners has obtained a $19.8 mil loan for the development of the first phase French Valley Commons, a mixed-use development in southwest Riverside County. Phase one will include a nine-building, mixed-use proje...
|
• Wood Investments Companies Inc Buys 94k sf Inland Empire Retail Center
1/15/20
Wood Investments Companies Inc acquired a two-tenant retail investment in San Bernardino occupied by Food 4 Less and Ross Dress For Less. The asset, consisting of 94k sf on 7.45 acres, is located at 505 and 555 West 2nd Stree...
|
Return to the Southern California - Inland Empire area
