RIVERSIDE, CA—Wermers Properties unveils plans for a 266-unit apartment complex in the Inland Empire, ASB plans $24 million creative office conversion and a joint venture secures floating rate financing for the Denver Market Center in this week’s wrap-up of deals.
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REDLANDS, CA—GlobeSt.com EXCLUSIVELY learns that Bixby Land Co. sells Redlands Business Center here to Clarion Partners for $33.3 million.
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IRVINE, CA and ONTARIO, CA—Lack of supply and record-low vacancy rates are common throughout the Southern California region, especially in Orange County and the Inland Empire, Voit executives tells GlobeSt.com EXCLUSIVELY.
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SAN BERNARDINO, CA—Because that’s where the Inland Empire holds the most expansion promise, according to the experts of Xceligent.
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MORENO VALLEY, CA—Bridge Investment Group buys the Reserve at Rancho Belago for $30 million, Sonnenblick-Eichner secures $49 million for a Hilton Gardens portfolio and a GSA spends $16 million on a downtown lease in this week’s wrap-up of deals.
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INLAND EMPIRE, CA—There are a very limited amount of new competitions coming to market and firms are having an extremely difficult time acquiring properties due to the very competitive marketplace, says one source in this EXCLUSIVE Q&A.
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SAN FRANCISCO—The logistics real estate concentration of relatively mature clusters, such as SoCal’s Inland Empire, can serve as “a development guidepost for an emerging cluster” elsewhere in the world, says Prologis Research.
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RIVERSIDE, CA—GlobeSt.com EXCLUSIVELY learns that demand for industrial buildings in the Inland Empire’s East Valley is poised to continue to keep pace with new supply.
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RANCHO CUCAMONGA, CA—So what exactly is going on in the Inland Empire, why is it exploding now, and what is the new normal? Find out in this EXCLUSIVE Q&A on the subject.
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PORTLAND, OR—Canyon Creek Apartment complex trades hands, TruAmerica Multifamily enters the Utah market and Newcastle Partners find 8.2 acres in the Inland Empire for a new industrial build in this week’s wrap-up of deals.
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