Inland Empire
Inland Empire Retail Center Sells for $32M
Cushman & Wakefield brokered the sale of Upland Town Square, a 100,350-square-foot retail center. The property was approximately 88 percent leased at the time of the acquisition.
Topson Downs Leases 443 KSF Inland Empire Warehouse
DAUM Commercial Real Estate Services represented the tenant in the transaction. The 10-year lease was completed for a total consideration of $30 million.
Gramercy JV Buys 280 KSF Inland Empire Office Building
Working on behalf of Founders Properties, NKF brokered the sale of Northpointe in San Bernardino. TPG Capital teamed up with Gramercy Property to purchase the five-story asset.
Inland Empire Logistics Center Changes Hands
CP Logistics Fontana, represented by a team of brokers from Cushman & Wakefield, sold the new facility to an affiliate of Zurich North America.
Hanley Arranges $22M Inland Empire Retail Sale
The 62,952-square-foot newly remodeled regional shopping center in Riverside, Calif., was 98 percent occupied at the time of the sale. Only eight shopping centers in the Inland Empire changed hands for more than $20 million in the past 12 months.
Partners Capital Buys Industrial Asset in 1031 Exchange
The purchase of the fully-leased 92,000-square-foot asset in San Bernardino, Calif., for nearly $8.7 million, marks the company’s sixth industrial acquisition in the past 18 months.
Hanley Completes Target Shadow-Anchored Retail Sale
The 22,577-square-foot shopping center in Lake Elsinore, Calif., changed hand for $11.6 million. The asset has long-term tenants and was fully occupied at the time of the transaction.
Daum Brokers Inland Empire 113 KSF Industrial Buys
The properties in Corona and Ontario, Calif., changed hands for a total consideration of $13.1 million. Vacancies in small-size warehouse properties are below the region’s average.
Faris Lee Arranges Inland Empire Retail Sale
Fontana Southridge Partners LP purchased Southridge Plaza, a 119,359-square-foot retail center in Fontana, Calif., anchored by Rio Ranch Market.