Inland Empire
Exeter Property Buys Inland Empire Distribution Center for $98M
The company bought the Class A facility in San Bernardino, Calif. Bob’s Discount Furniture is the 800,000-square-foot property’s only tenant.
Inland Empire Industrial Asset Sells for $16M
Compass Danbe Real Estate Partners sold the 120,575-square-foot facility located in Rialto, Calif. The asset is occupied by the buyer’s affiliate, Magnolia Food.
SoCal Industrial Facility Changes Hands
Ironwood Partners traded the recently completed, 120,756-square-foot food-grade warehouse for nearly $16 million. The new owner fully occupies the property.
Rockefeller Group Sells 407 KSF Industrial Asset in CA
KKR acquired a recently completed distribution facility in the Inland Empire, part of the 1.5 million-square-foot Optimus Logistics Center.
Kidder Mathews Hires Inland Empire VP
Mark Lyon will handle the sale and leasing of industrial properties in the Inland Empire, as well as parts of Los Angeles.
Coachella Valley Resort Lands $212M Financing
The Robert Green Co. will use the loan to construct the first phase of SilverRock Resort and Residences, which is expected to include Montage- and Pendry-branded hotels.
Inland Empire Office Changes Hands
CIP Real Estate traded the building, which contains more than 70,000 square feet of Class A space, for upwards of $20 million.
Inland Empire Shopping Center Commands $26M
CBRE has arranged Tarski Group’s acquisition of Heritage Plaza, a 119,000-square-foot retail center in Riverside, Calif., from a pair of Orange County developers.
Ivanhoé, CapRock Develop Major Inland Empire Industrial Project
The partnership has broken ground on Colony Commerce Center, a 3 million-square-foot logistics complex. Phase one is slated for delivery next year.
E-Commerce Drives Largest Industrial Leases
A new report from CBRE shows that online retail is behind many of 2018’s largest distribution deals. Southern California’s Inland Empire tops the list with 14 transactions totaling 11.6 million square feet.