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September 10, 2024
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INLAND EMPIRE HEADLINES
Inland Empire Retail Market Sees Steady Growth Amid Evolving Demographic and Economic Shifts
9/05/24
NAI Capital Commercial shares Q2 2024 update on the sector

Four Inland Empire Car Wash Properties Trade in Separate Deals
8/29/24
The assets are located in Apple Valley, Hesperia, Pomona and San Bernardino

RENTV 2024 AZ State of the Market Conference

Riverside Chipotle-Anchored Asset Sells for $927/sf
8/20/24
Three-tenant property is a pad building at Veteran’s Plaza shopping center

New $54 Mil School Campus Completed in Riverside County
8/12/24
Menifee Union School District’s Sally Buselt Elementary School was built by C.W. Driver Companies

Simpler Space Leases Full Floor at Chino Office Building
8/05/24
Deal marks third for firm, which also has SoCal locations in Carlsbad and Placentia

Inland Empire EoS Fitness Property Goes for $350/sf
8/02/24
Exchange investor spends $13.3 mil on 38k sf building within French Valley Marketplace

New York Firm Buys 726-Unit Inland Empire Self-Storage Property
8/01/24
Bear Valley RV Park and Self Storage acquired by Merit Hill Capital

Retail Strip Center in Downtown Riverside Goes for $500/sf
8/01/24
7.3k sf asset occupied by six tenants

Western National Property Management Awarded 330-Unit Assignment in Palm Desert
7/26/24
New contract is from Metonic Real Estate Solutions for Millenium Apartments

Dedeaux Properties and Basis Investment Group Buy Fee Simple Land Interest Under Rialto Warehouse Project
7/26/24
3.87-acre parcel houses new 83k sf building

1,000-Unit Res Portfolio Lands $128 Mil Refinancing
7/23/24
Transaction is on four properties owned by Tower 16 Capital Partners in CA and AZ

Overton Moore Properties Buys 104k sf Inland Empire Industrial Facility
7/12/24
Single-tenant building in San Bernardino was sold by Bixby Land Company

Chick-fil-A Sale in Murrieta Closes at 3.9% Cap Rate
6/25/24
Ground lease deal for newly constructed asset goes for over $6 mil

AO Wins Multiple Awards at PCBC Gold Nuggets Ceremony
6/21/24
Project winners include Spruce & Red Oak in Rancho Cucamonga, VRV in Stanton and Garden Brook Senior Village in Garden Grove

Commercial Real Estate Financing Briefs
6/20/24
Recent transactions from Marcus & Millichap Capital Corporation, Gantry and Byline Bank

Commercial Real Estate Financing Briefs
6/13/24
$158 mil in recent transactions from Cushman & Wakefield, BWE, Tower Capital and Gantry

SoCal Industrial Portfolio Sold in Two Transactions Totaling $74 Mil
6/11/24
Deals are for six buildings totaling 387k sf in San Marcos and Temecula

Logistar Leases 146k sf Inland Empire Industrial Property
6/10/24
Facility is part of Airport Distribution Center in Ontario

Work Finished on New $38 Mil STEM Building on Menifee Campus of Mt. San Jacinto College
6/05/24
57k sf structure was built by C.W. Driver Companies

Construction Started on California’s First Man-Made Surf Wave Resort
6/03/24
Beach Street Development & Operations building 17-acre destination in Palm Desert

Commercial Real Estate Financing Briefs
5/28/24
Recent transactions from CBRE Capital Markets, Gantry and JLL Capital Markets

Corona Industrial Facility Goes for $322/sf
5/20/24
50k sf property was built in 1988 and recently repositioned



 
 
 
 
 



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