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November 29, 2023

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INLAND EMPIRE HEADLINES

Mixed-Use Property in Palm Springs Goes for $349/sf
11/28/23

Asset consists of 12 res units along with 3.5k sf of retail space

Inland Empire Multifamily Works Out to $182k/Unit
11/09/23

Bevia Apartments, a 48-unit property in Moreno Valley, sells for $8.72 mil

New Construction Pad Building at Palm Desert Shopping Center Sells for $755/sf
11/08/23

Multi-tenant structure at Monterey Crossing fetches $6.34 mil

Inland Empire Industrial Trade Works Out to $48/sf
11/06/23
Deal is for a 53k sf building in Riverside

Investor Pays $2.7 Mil for Vacant Big Lots Store in Fontana
11/03/23
Building was part of a 20-store Big Lots portfolio acquired earlier this year by Red Mountain Group

Inland Empire Industrial Complex Sells for $9.2 Mil
11/03/23
Deal is for 52k sf San Bernardino Industrial Center

Retail Building in Rancho Cucamonga Sells for $349/sf
11/01/23

22k sf property occupied by nine tenants

Newmark Merrill Companies Opens New 96k sf Retail Center in the Inland Empire
10/30/23

Rialto Village is already 100% leased to Sprouts, Burlington and In-N-Out, among others

Renovation Work to Get Underway at the Hyatt Regency Indian Wells Resort & Spa
10/27/23

R.D. Olson Construction to handle the project on behalf of Trinity Real Estate Investments

Mexican Restaurant Property in Ontario Goes for $845/sf
10/27/23

5.5k sf Culichi Town building is an outparcel at Ontario Mills Mall

Ridgecrest Multifamily Property Goes for $48k/Unit
10/19/23
80-unit Ridge Apartment Homes operates under the Section 42 LIHTC program

Upland Medical Office Building Purchased by Owner/User in $8.85 Mil Deal
10/13/23

Buyer to use third floor build-out and lease the remaining space

Inland Empire DaVita Dialysis Clinic Sells for $4.45 Mil
10/13/23

Single-tenant asset closes at 5.66% cap rate

KFC Signs Lease for 3.3k sf Restaurant in Ontario
10/06/23
Location is adjacent to In-N-Out Burger

Peri & Sons Farms Spends $27.5 Mil on 2,400-Acre Farmland Portfolio in CA’s Imperial County
9/27/23

Purchase is of Starr Ranch property in Holtville

Tricon Residential, Foremost Pacific Group and Woodbridge Pacific Group Finish 170-Unit Res Project in Wildomar
9/26/23
Build-to-rent community features Spanish-style townhomes

Single-Tenant Bank of America Property in the Inland Empire Goes for Over $800/sf
9/12/23

Riverside investor spends $2.9 mil on 3.5k sf asset

Pacific Industrial Acquires 10 Acres in the City of Industry
9/11/23
Firm to build 215k sf, spec industrial project on the land

CapRock Obtains $17.5 Mil in Financing for 22-Acre Dev Parcel in Moreno Valley
9/08/23

Land expected to be used for development of a 500k sf industrial facility within the World Logistics Center

Westcore Acquires 3.5 msf California Industrial Portfolio
8/29/23

Purchase includes 16 buildings in Chino, Valencia and Livermore

CapRock Partners Breaks Ground on 1.27 msf Spec Industrial Building in Visalia
8/25/23

Facility is first building at 2.7 msf CapRock Central Point III complex

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