Riverside County
Costco Pays Brookfield $260MM for 114-Acre Menifee Site to Build 1.26MM SQFT Dry and Cold Depot
Costco Wholesale paid Brookfield Properties $260 million for about 114 acres of entitled land in the Menifee Valley Business Park, where the retailer...
Northgate Market Clinches Approval for 40,000 SQFT Grocery Store on Vacant Moreno Valley Corner
The Moreno Valley Planning Commission unanimously cleared Northgate Gonzalez Markets to build a roughly 40,000-square-foot grocery store on a long-vacant 4.31-acre corner at...
Lincoln Property Company Acquires 327,000 SQFT Bellegrave Business Park in Jurupa Valley for $74.7MM
Lincoln Property Company has taken control of Bellegrave Business Park, a fully leased, six-building industrial campus in Jurupa Valley, betting on the Inland...
Gantry Lands $9MM Life Company Refinance for 100%-Leased 55,000 SQFT Temecula Office Building
Gantry has arranged a $9 million fixed-rate life company loan to retire CMBS debt on Vail Ranch Town Square, a fully occupied medical...
Risewell Homes Advances Phase C of Eastvale’s Leal Master Plan with 73-Lot Tract Map and 224 New Homes
The Eastvale Planning Commission is weighing a tentative tract map and a slate of development reviews that would split 44.47 acres into 73...
JMW Truss Pushes 240-Unit Boulders II Apartments in Menifee as Planning Commission Delays Rezone Vote
The Menifee Planning Commission put off a recommendation on JMW Truss's plan to rezone roughly 10 acres near Berea Road for the 240-unit...
Sun Lakes Village, 44,000 SQFT Grocery-Shadow-Anchored Banning Center, Hits Market at $12.65MM and 7.06% Cap Rate
A 93 percent-leased strip center in the shadow of an Albertsons on Banning's dominant retail corridor has come to market with in-place income...
Lake Elsinore Planning Commission Advances 1,000,000 SQFT Baker Street Warehouse Project
Riverside Legacy IV Nichols Road, LLC won a pivotal endorsement from Lake Elsinore's Planning Commission for two warehouses spanning more than 1 million...
Inland Empire’s Real Comps Are Phoenix and Las Vegas, Not Los Angeles, Research Finds
New research from a California investment manager groups Riverside and San Bernardino counties with Phoenix, Las Vegas and Boise rather than with Los...
MDH Partners Acquires 152,000 SQFT Serrano Industrial Park in Jurupa Valley, Pushing California Portfolio Past 1.5MM SQFT
The Atlanta-based industrial investor picked up two of the three Class-A manufacturing buildings on Serrano Drive, wagering that a 12,000-amp power draw almost...
Evergreen Devco Sells New Super Star Car Wash for $3.4MM in Lake Elsinore 1031 Exchange Deal
A newly built car wash in a fast-growing Inland Empire retail corridor found a buyer before its tenant had even opened for business,...
DO Capital Group Lands $50MM BHI Loan to Break Ground on 1,200-Unit District at Jurupa Valley
DO Capital Group has secured a $50 million construction loan from BHI to launch the first phase of The District at Jurupa Valley,...
