Inland Empire
Stream Realty to Manage 1.6 MSF Portfolio in SoCal
Cabot Properties’ industrial assets spread across Fontana, Riverside and San Bernardino are home to tenants including UPS, Haier America and Ricoh.
Apartment Income Investors Trades Inland Retail Asset
A private investor paid $24 million for the roughly 100,000-square-foot Thomas Winery Plaza in the Inland Empire in an all-cash transaction.
TA Associates Sheds SoCal Office
MGR Realty bought Empire Towers V, a nearly 125,000-square-foot Class A building in the Inland Empire for almost $30 million. NKF Capital Markets represented the seller in the transaction.
Inland Empire Warehouse Sells for $16M
Cushman & Wakefield has arranged the sale on behalf of the owner, Newcastle Partners. The asset, completed in 2017, offers easy access to Interstate 215.
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.
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.