{"id":1004503849,"date":"2021-01-13T04:52:46","date_gmt":"2021-01-13T12:52:46","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004503849"},"modified":"2021-01-13T06:22:42","modified_gmt":"2021-01-13T14:22:42","slug":"rockefeller-group-sells-inland-empire-properties-for-81m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/","title":{"rendered":"Rockefeller Group Sells Inland Empire Properties for $81M"},"content":{"rendered":"<div id=\"attachment_1004503852\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/01\/Fontana-Santa-Ana.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004503852\" data-attachment-id=\"1004503852\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/default-16\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/01\/Fontana-Santa-Ana-e1610536700151.jpg\" data-orig-size=\"801,600\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;11&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;L1D-20C&quot;,&quot;caption&quot;:&quot;default&quot;,&quot;created_timestamp&quot;:&quot;1605876136&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;10.26&quot;,&quot;iso&quot;:&quot;100&quot;,&quot;shutter_speed&quot;:&quot;0.008&quot;,&quot;title&quot;:&quot;default&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"Fontana Santa Ana Industrial Center\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Fontana Santa Ana Industrial Center&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/01\/Fontana-Santa-Ana-e1610536700151.jpg?w=801\" class=\"wp-image-1004503852 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/01\/Fontana-Santa-Ana-e1610536700151.jpg\" alt=\"\" width=\"300\" height=\"225\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/01\/Fontana-Santa-Ana-e1610536700151.jpg 801w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/01\/Fontana-Santa-Ana-e1610536700151.jpg?resize=300,225 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/01\/Fontana-Santa-Ana-e1610536700151.jpg?resize=768,575 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004503852\" class=\"wp-caption-text\">Fontana Santa Ana Industrial Center. <em>Image courtesy of Rockefeller Group<\/em><\/p><\/div>\n<p>Rockefeller Group has closed on the disposition of two recently completed industrial properties totaling 500,000 square feet in the Inland Empire. Separate buyers acquired the Class A, mid-size assets for a combined $80.8 million.<\/p>\n<hr>\n<p><strong>READ ALSO<\/strong>: <a href=\"https:\/\/www.commercialsearch.com\/news\/vaccine-to-trigger-3q-cre-recovery-report\/\">Vaccine to Trigger Q3 CRE Recovery: Report<\/a><\/p>\n<hr>\n<p>Haralambos Leasing Co. is the new owner of the 297,161-square-foot Fontana Santa Ana Industrial Center located at 10965 Banana Ave. in Fontana, Calif. Rockefeller Group developed the project in a partnership with MBK Real Estate. Last August,&nbsp;Haralambos was able <a href=\"https:\/\/www.commercialsearch.com\/news\/los-angeles-regional-food-bank-buys-industrial-asset-for-52m\/\">to sell a&nbsp;255,900-square-foot warehouse<\/a> in suburban Los Angeles to&nbsp;The Los Angeles Regional Food Bank, after more than a decade-long search for a buyer.<\/p>\n<p>Lone Oak \u2013 Moreno Valley LLC, an entity associated with Reyes Holdings, paid $26.8 million for the 203,944-square-foot Centerpointe Commerce Center, situated at 14180 Frederick St. in Moreno Valley, Calif.<\/p>\n<p>Fontana Santa Ana Industrial Center is located on roughly 14 acres, just off Interstate 10 and&nbsp;6 miles east of Ontario International Airport. The developers bought the ensemble of 11 parcels upon which the building was erected for $15.7 million and broke ground on the project last March. National Bank <a href=\"https:\/\/www.commercialsearch.com\/news\/rockefeller-jv-lands-24m-for-inland-empire-project\/\">provided a $24.4 million construction loan<\/a>.<\/p>\n<p>Situated near Interstate 215, Centerpointe Commerce Center is positioned on an 8.8-acre lot. Rockefeller picked up the property in the first half of 2019, for $5.9 million and <a href=\"https:\/\/www.commercialsearch.com\/news\/rockefeller-breaks-ground-on-california-distribution-center\/\">kicked off construction in September 2019<\/a>.<\/p>\n<p>Lee &amp; Associates represented Rockefeller in both transactions. Paul Earnhart, Doug Earnhart, Brian Pharris and Ryan Earnhart collaborated with Juan Gutierrez from Voit Real Estate Services in the Fontana sale, while Tal Siglar of Cushman &amp; Wakefield Ontario represented Haralambos Leasing Co.<\/p>\n<p>The Lee &amp; Associates team representing&nbsp;Rockefeller in the Moreno Valley disposition included Bill Heim, Finn Comer, Alex Heim and Nesha Ritchie, while Tim O\u2019Rourke of JLL\u2019s Industrial Services Group in Los Angeles represented the buyer.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Multiple buyers have acquired the recently completed mid-size buildings. <\/p>\n","protected":false},"author":739,"featured_media":1004507579,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,34027,21783,21742,15],"tags":[32762,50899,33348,32833],"class_list":["post-1004503849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-inland-empire","category-investment","category-latest","category-west","tag-lee-associates","tag-reyes-holdings","tag-the-rockefeller-group","tag-voit-real-estate-services"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Rockefeller Group Sells Inland Empire Properties for $81M - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Rockefeller Group Sells Inland Empire Properties for $81M\" \/>\n<meta property=\"og:description\" content=\"Multiple buyers have acquired the recently completed mid-size buildings.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2021-01-13T12:52:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2021-01-13T14:22:42+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Fontana-Santa-Ana.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"5472\" \/>\n\t<meta property=\"og:image:height\" content=\"3648\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Beata Lorincz\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/\",\"name\":\"Rockefeller Group Sells Inland Empire Properties for $81M - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Fontana-Santa-Ana.jpg\",\"datePublished\":\"2021-01-13T12:52:46+00:00\",\"dateModified\":\"2021-01-13T14:22:42+00:00\",\"author\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/#primaryimage\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Fontana-Santa-Ana.jpg\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Fontana-Santa-Ana.jpg\",\"width\":5472,\"height\":3648},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.commercialsearch.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Rockefeller Group Sells Inland Empire Properties for $81M\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#website\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004\",\"name\":\"Beata Lorincz\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96\",\"contentUrl\":\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96\",\"caption\":\"Beata Lorincz\"},\"description\":\"With a background in architecture, Beata Lorincz has been an associate editor with Commercial Property Executive and Multi-Housing News since 2017. Her current work centers around architecture and design, the student housing sector and data-driven updates on the office market.\",\"url\":\"https:\/\/www.commercialsearch.com\/news\/author\/beata-lorincz\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Rockefeller Group Sells Inland Empire Properties for $81M - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/","og_locale":"en_US","og_type":"article","og_title":"Rockefeller Group Sells Inland Empire Properties for $81M","og_description":"Multiple buyers have acquired the recently completed mid-size buildings.","og_url":"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2021-01-13T12:52:46+00:00","article_modified_time":"2021-01-13T14:22:42+00:00","og_image":[{"width":5472,"height":3648,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Fontana-Santa-Ana.jpg","type":"image\/jpeg"}],"author":"Beata Lorincz","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/","url":"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/","name":"Rockefeller Group Sells Inland Empire Properties for $81M - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Fontana-Santa-Ana.jpg","datePublished":"2021-01-13T12:52:46+00:00","dateModified":"2021-01-13T14:22:42+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Fontana-Santa-Ana.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Fontana-Santa-Ana.jpg","width":5472,"height":3648},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/rockefeller-group-sells-inland-empire-properties-for-81m\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Rockefeller Group Sells Inland Empire Properties for $81M"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/23f841021ddf3b38ebc56abefe1d6004","name":"Beata Lorincz","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/04\/Beata-Lorincz.jpg?w=96","caption":"Beata Lorincz"},"description":"With a background in architecture, Beata Lorincz has been an associate editor with Commercial Property Executive and Multi-Housing News since 2017. Her current work centers around architecture and design, the student housing sector and data-driven updates on the office market.","url":"https:\/\/www.commercialsearch.com\/news\/author\/beata-lorincz\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2021\/03\/Fontana-Santa-Ana.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004503849","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/739"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004503849"}],"version-history":[{"count":7,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004503849\/revisions"}],"predecessor-version":[{"id":1004503960,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004503849\/revisions\/1004503960"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004507579"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004503849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004503849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004503849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}