Westcore Properties Purchases ±1 Million SF Northgate Industrial Portfolio in SoCal’s Inland Empire

IRVINE/INLAND EMPIRE – November 30, 2017 –  Bentall Kennedy, on behalf of an institutional client, has successfully completed the disposition of a fully leased, two-building Class A industrial portfolio totaling 1,025,324 square feet (sf) in Southern California’s renowned Inland Empire. Known as the Northgate Industrial Portfolio, the asset(s) consisted of the premier distribution buildings at 927 East 9th […]

Industrial Power Broker Tal Siglar Joins Cushman & Wakefield

ONTARIO, Calif., November 28, 2017 – Cushman & Wakefield announced today that industrial brokerage professional Tal Siglar has joined the firm as Managing Director.

Tal Siglar will be based in the firm’s Ontario, California office and focus on sales and leasing, sale-leaseback, tax-deferred 1031 exchanges, leased investments, build-to-suits, site search and acquisition, land development, and landlord and […]

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Auto Dealership Operator Acquires ± 12 Acres along Highland Ave Auto Strip in Inland Empire

IRVINE/INLAND EMPIRE, Calif. – November 27, 2017 –  DTM Land Co, LLC, an auto dealership operator, has acquired two separate properties along S. Highland Ave. in Fontana (San Bernardino County), California from Bonanno Family Trust. The undeveloped parcels total a combined nearly 12 acres of vacant land and sold for $7.7 million. They are positioned within the Fontana […]

Jennifer Hafner Named CREW Inland Empire President

LOS ANGELES, November 13, 2017 – Cushman & Wakefield announced today that Jennifer Hafner, MAI, Director of Valuation & Advisory Services based in the firm’s Ontario office, has been named President of CREW Inland Empire for 2018.

Ms. Hafner is responsible for valuing industrial, office, retail, multifamily, and land assets within the Inland Empire market. She […]

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San Bernardino County’s Upland Town Square Sells for $31.7 Million

IRVINE, Calif. – November 8, 2017 – Upland Town Square, a 100,350-square-foot (sf) grocery-anchored retail center located in Upland (San Bernardino County), California has sold to Brixmor Property Group, a publicly traded REIT, for $31.7 million. The center’s primary anchor tenant is Sprouts Farmers Market. The seller was IRA Capital, a real estate private equity firm, represented in […]

Cushman & Wakefield Taps Eric Paulsen to Lead Orange County and Inland Empire Offices in Southern California

IRVINE, Calif. – October 9, 2017 –  Cushman & Wakefield has appointed real estate veteran Eric Paulsen to lead its Orange County and Inland Empire offices in Southern California. Bringing with him nearly 30 years of experience and leadership in real estate and related business, Mr. Paulsen will be based in the firm’s Irvine office. He will […]

Newly Built West Fontana Logistics Center Sells for $19.75 Million – Located in Inland Empire

IRVINE, Calif. – September 28, 2017 – West Fontana Logistics Center, a brand new 135,651-square-foot (sf) state-of-the-art industrial facility in Fontana (Inland Empire), California has sold for $19.75 million or $146 per square foot. LA Industrial 1, LLC, an affiliate of Zurich North America, acquired the property from CP Logistics Fontana, LLC, an affiliate of Panattoni Development Company. The […]

Liberty Glass Fabricators Acquires New 71,000 SF Industrial Facility in South Inland Empire for $9.95 Million

IRVINE, Calif. – June 7, 2017 – Liberty Glass Fabricators has acquired a newly constructed 71,054-square-foot (sf) Class A industrial facility in Corona (Riverside County) Calif. for $9.95 million from the partnership of Acacia Real Estate Group and Adler Realty Investments, the original owner/developer of the project. Cushman & Wakefield’s Brett Lockwood based in Irvine represented the buyer […]

Passco Companies Acquires Value-Add Neighborhood Shopping Center in Corona, CA for $16.95 Million

Irvine, Calif. – May 10, 2017 – Passco Companies , a privately held Calif.-based real estate company that specializes in the investment, acquisition, development and management of commercial properties throughout the U.S., has acquired Temescal Village, a 102,976 square-foot neighborhood shopping center in Corona, California, for $16.95 million. A retail brokerage team led by […]

Terreno Leases 90,000 SF Class A Industrial Building in Inland Empire to Wellco

CORONA, Calif. – February 3, 2017 – Cushman & Wakefield announced today that Terreno Realty Corporation has fully leased an 89,919 square foot industrial building in Corona (Riverside County), Calif to Wellco Industries. The Class A industrial building is located at 2095 California Avenue in Southern California’s prominent Inland Empire market. Vista-based Wellco Industries, a company that creates and […]