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 […]

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 […]

Canyon Square Plaza Sells for $22.5 Million in North LA County to High Net Worth Investor

LOS ANGELES, Calif. – October 10, 2017 – Canyon Square Plaza, a 96,627-square-foot (sf) grocery-anchored shopping center in Santa Clarita (Los Angeles County), California has sold to a private high net worth investor for $22.5 million. The center is anchored by a very successful long term 40,751 sf Vallarta Supermarkets.

Cushman & Wakefield retail investment specialists Dixie Walker and […]

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 […]

190,400 SF Trophy Office Tower Sells for $76 Million in Newport Beach

IRVINE, Calif. – September 18, 2017 – Cushman & Wakefield announced today the $75.6 million sale of 4100 Newport Place Drive, a 190,405-square-foot (sf) Class A office tower in Newport Beach (Orange County), California. The buyer was Olen Properties, a commercial and residential real estate development and management company based in Orange County, which acquired the asset from […]

145,000 SF Panasonic Avionics HQ Building Sells in South Orange County

IRVINE, Calif. – August 31, 2017 – Cushman & Wakefield announced today the sale of a fully leased 144,906-square-foot (sf) Class A office/R&D building located at 26200 Enterprise Way in Lake Forest (Orange County), California. Since its construction and build-to-suit design in 2000, the property has long served as the main corporate headquarters building for Panasonic Avionics Corporation […]

National Industrial Developer Dermody Properties Expands to Southern California with Acquisition of 75,960 SF Facility

Dermody Properties, a national real estate investment, development and management company headquartered in Reno, Nevada and specializing in acquisitions and development of industrial real estate in strategic locations across the United States, recently acquired the Bloomfield Industrial Center located in Santa Fe Springs from a private investor. Located at 10712-10748 Bloomfield Ave. this 75,960-square-foot warehouse and distribution […]

Diamond Bar’s Bridgegate Plaza Sells to Great Far East

IRVINE, Calif. – July 19, 2017 – Cushman & Wakefield announced today that Bridgegate Plaza, an approximately 135,000-square-foot state-of-the-art office building in Diamond Bar, California has sold. The buyer was Great Far East (GFE). Jeffrey Cole and Ed Hernandez of Cushman & Wakefield’s Irvine office in collaboration with John Bibeau and Steven Saunders of CBRE […]

Southern California’s 1.17M SF Rancho Pacifica Park Sold

LOS ANGELES, Calif. – July 19, 2017 – Rancho Pacifica Park, a nearly 1.2 million square foot (msf) industrial/flex project totaling six buildings and situated on more than 55 acres, has sold. The master planned project is located in the city of Rancho Dominguez, within the flourishing South Bay market of Los Angeles. The buyer […]

Central Towne Square Sells to High Net Worth Individual for $19 Million

IRVINE, Calif. – May 30, 2017 – Central Towne Square, the dominant grocery-anchored community center in the coastal Santa Barbara County community of Lompoc, Calif. has sold to a high net worth individual for $19.04 million. The seller was Jade Enterprises, out of downtown Los Angeles, which was represented by a Cushman & Wakefield veteran […]