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Fontana Industrial Sells for $3.2M

Mendocino Forest Products Company LLC purchased the industrial building at 13041 Union Ave. in Fontana, CA for $3.2 million, or about $59 per square foot, from a private trust. The buyer, a manufacturer and distributor of environmentally-certified lumber products, had been leasing the premises for about two years at the time of sale.

Built in 1979, the rail-served warehouse property totals 53,825 square feet on 5.6 acres located at the southeast…

via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Fontana-Industrial-Sells-for-$32M/144752?ref=/News/Article/Fontana-Industrial-Sells-for-$32M/144752&src=rss

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Retail Update: Dunkin’ Donuts Targets Southern California for Franchise Growth

Working to retain its title as one of the fastest growing quick service restaurant (QSR) brands in the industry, Dunkin’ Donuts (Nasdaq: DNKN) will expand into Southern California for the first time. The company also said it will continue to open new locations in existing markets as part of its long-term goal of blanketing the country with more than 15,000 Dunkin’ Donuts locations in the U.S.

To support its expansion goals, Dunkin’ Donuts is currently…

via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Retail-Update-Dunkin-Donuts-Targets-Southern-California-for-Franchise-Growth/144902?ref=/News/Article/Retail-Update-Dunkin-Donuts-Targets-Southern-California-for-Franchise-Growth/144902&src=rss

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Rialto Industrial Acreage Sells for $2.5M

North Rialto, Inc. sold the 9.24 acres at the northwest corner of W. Baseline Ave. and Laurel Ave. in Rialto, CA to San Gabriel Valley Water Company for $2.5 million, or about $6.21 per square foot of land.

The subject property consists of two adjacent parcels with a PID (Planned Industrial Development) zoning designation. The buyer plans to hold the land for investment.

 

Please refer to CoStar…

via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Rialto-Industrial-Acreage-Sells-for-$25M/144621?ref=/News/Article/Rialto-Industrial-Acreage-Sells-for-$25M/144621&src=rss

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Fontana Industrial Trades for $2.9M

Cibaria International, Inc. sold the industrial property at 11109 Jasmine St. in Fontana, CA to Reliable Source, Inc. for $2.9 million, or about $82 per square foot. The buyer is a metal products manufacturer that has leased the building since the summer of 2010.

Built in 2005, the property totals 35,347 square feet on 1.7 acres at the northeast corner of Dahlia St. and Jasmine St. in San Bernardino County.

 

via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Fontana-Industrial-Trades-for-$29M/144597?ref=/News/Article/Fontana-Industrial-Trades-for-$29M/144597&src=rss

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Ontario Warehouse Sells for $3M

Astro Properties LLC purchased the property at 1200 Wanamaker Ave. in Ontario, CA for about $3.07 million, or $68 per square foot, from a private trust. The buyer will be an owner/user doing business as Avatar Technology, Inc.

Built in 1985, the property totals 45,202 square feet on 2.6 acres located at the southwest corner of S. Wanamaker Ave. and E. Wall St., just west of the 15 Freeway.

 

via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Ontario-Warehouse-Sells-for-$3M/144249?ref=/News/Article/Ontario-Warehouse-Sells-for-$3M/144249&src=rss

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Ontario Warehouse Sells for $3M

Astro Properties LLC purchased the property at 1200 Wanamaker Ave. in Ontario, CA for about $3.07 million, or $68 per square foot, from a private trust. The buyer will be an owner/user doing business as Avatar Technology, Inc.

Built in 1985, the property totals 45,202 square feet on 2.6 acres located at the southwest corner of S. Wanamaker Ave. and E. Wall St., just west of the 15 Freeway.

Nicholas Chang and Richard Lee of NAI Capital, Inc…

via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Ontario-Warehouse-Sells-for-$3M/144249?ref=/News/Article/Ontario-Warehouse-Sells-for-$3M/144249&src=rss

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Sierra Gardens Apts Sell for $5.4M

Tayebi Sierra LLC and SGA Partners LP closed escrow on the purchase of Sierra Gardens Apartment Homes at 16787 Miller Ave. in Fontana, CA. The property sold for $5.4 million, or about $84,000 per unit. The buyers are comprised of a 90-10 partnership, with Tayebi Sierra LLC controlling the larger share.

Built in 1972, the multifamily building totals 56,192 square feet on 4.6 acres and consists of 32 two-bed, one-bath and 32 three-bed, one-and…

via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Sierra-Gardens-Apts-Sell-for-$54M/144218?ref=/News/Article/Sierra-Gardens-Apts-Sell-for-$54M/144218&src=rss

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Rancho Cucamonga Industrial Nets $4.3M

ABM Property Investments LLC purchased the industrial building located at 9550 Hermosa Ave. in Rancho Cucamonga, CA for $4.29 million, or about $69 per square foot, from Toth Enterprises GP.

The buyer will be occupying the property doing business as ABM Office Solutions, a remanufactured office furniture provider.

Built in 1975 and with renovations in 1996, the property totals 61,739 square feet on 6.2 acres located at the southwest corner…

via Inland Empire Commercial Real Estate News From CoStar Group http://origin-www-dc.costar.com/News/Article/Rancho-Cucamonga-Industrial-Nets-$43M/143951?ref=/News/Article/Rancho-Cucamonga-Industrial-Nets-$43M/143951&src=rss

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Intellicenter Riverside Bldg Sells $17.4M

KDC Real Estate Development & Investments sold the Intellicenter Riverside office building at 14350 Meridian Pkwy in Riverside, CA to the Regents of the University of California for $17.4 million, or $116 per square foot.

The buyer will take occupancy of the property, which was vacant at time of sale, with the possibility of leasing out a portion of the space.

Built in 2008, the three-story office building consists of 150,000 square feet and…

via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Intellicenter-Riverside-Bldg-Sells-$174M/143999?ref=/News/Article/Intellicenter-Riverside-Bldg-Sells-$174M/143999&src=rss

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Rancho Cucamonga Industrial Nets $4.3M

ABM Property Investments LLC purchased the industrial building located at 9550 Hermosa Ave. in Rancho Cucamonga, CA for $4.29 million, or about $69 per square foot, from Toth Enterprises GP.

The buyer will be occupying the property doing business as ABM Office Solutions, a remanufactured office furniture provider.

Built in 1975 and with renovations in 1996, the property totals 61,739 square feet on 6.2 acres located at the southwest corner…

via Inland Empire Commercial Real Estate News From CoStar Group http://www.costar.com/News/Article/Rancho-Cucamonga-Industrial-Nets-$43M/143951?ref=/News/Article/Rancho-Cucamonga-Industrial-Nets-$43M/143951&src=rss