Inland Empire
Rexford Industrial Buys, Sells $136M in SoCal Assets
The standout of the three separate transactions is the addition of the fully leased, 695,100-square-foot industrial facility at 5300 Sheila St. in Commerce, near downtown Los Angeles.
Coachella Hotel Receives $8M Funding
The financing represents 15 percent of the total $51 million development cost for IHG-Hotel Indigo. Pace Equity secured the loan in partnership with Renew Financial.
Rexford Sells 1, Acquires 2 CA Industrial Properties
The firm sold an 11,808-square foot building in the Inland Empire, as well as purchased a 96,993-square-foot property in San Marcos and a 43,787-square-foot asset in Long Beach.
DCG Fulfillment Takes Distribution Center Lease in Inland Empire
NKF Senior Managing Directors Mark Kegans and Ron Washle represented the tenant in the roughly 772,000-square-foot transaction with landlord Black Creek Group.
Davis Partners, TH Real Estate Snag CA Industrial Portfolio
CBRE arranged $15.9 million in debt financing on behalf of the partnership for the acquisition of multi-tenant properties located in Riverside and Redlands, Calif.Â
Strategic Storage Trust IV Buys Inland Empire Facility
The self-storage facility located in Riverside, Calif. comprises 55,000 rentable square feet and offers 460 units. SmartStop will manage the property.
Black Creek Buys Inland Empire Warehouse Portfolio
The newly built assets encompass roughly 745,000 square feet and are situated nearby major thoroughfares including interstates 10 and 215 and State Route 60.
Trammell Crow to Expand SoCal Medical Facility
The Dallas-based company broke ground on a 200,000-square-foot medical office building in Moreno Valley, Calif., scheduled for completion next year.
Abbey Nails Down $229M Bridge Funding on Retail Portfolio
Represented by law firm Sklar Kirsh, the company recapitalized a 27-property portfolio in California. The assets total 2.1 million square feet of space scattered across Los Angeles, Orange, Riverside, San Bernardino, Fresno and Kern counties.
Rexford Picks Up, Sheds CA Assets
The firm acquired an Inland Empire asset encompassing more than 200,000 square feet of industrial space, partially funding this by the sale of a creative office property.