Riverside
Two New-Construction Quick Quack Car Wash Ground Leases in Murrieta, Riverside Trade for $8.63MM
Two new Quick Quack Car Wash ground-lease properties in Murrieta and Riverside sell to private investors for a combined $8.63 million.
Private Investors Pay $8.63MM for Two New Quick Quack Car Wash Ground Leases Totaling 7,000 SQFT in Murrieta and Riverside
A South Korea-based investor and a Los Angeles-based buyer paid a combined $8.63 million for two newly built Quick Quack Car Wash properties...
Los Angeles Leads Southern California Construction Pay, Trailing the Bay Area in Real Wages
A Construction Coverage analysis of federal wage and cost data put Los Angeles atop Southern California for cost-adjusted construction pay at $61,295, with...
113-Unit Workforce Housing Portfolio in Riverside Trades for $21.8MM
University Gardens, Normandy Apartments Trade Together for $192,920 Per Unit Amid Tightening Inland Empire Vacancy Two adjacent Riverside apartment properties under common ownership...
Sierra Ridge Capital Buys 238,000 SQFT Riverside Industrial Portfolio for $44MM
JLL Secures $25MM Loan as Sierra Ridge Capital Expands Inland Empire Industrial Footprint A four-building light industrial portfolio in Riverside has changed hands,...
Inland Empire Retail Vacancy Set to Hit 7% Despite Strong Absorption
Thin construction and steady absorption set up landlords near Ontario International Airport and south Riverside County for continued pricing power. The Inland Empire's...
BH Properties Re-Lists University of Redlands-Leased 111,000 SQFT Central Plaza in Riverside at $23MM
BH Properties has returned its 111,382-square-foot Central Plaza retail-and-office complex in Riverside's Magnolia Center to the sales market at $23 million, standing behind...
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...
Canyon Partners, J.P. Morgan Provide $74.7MM Construction Loan for 180-Unit Riverside Townhome Project
Canyon Partners Real Estate and J.P. Morgan have jointly funded a $74.7 million senior construction loan for BCT Development's 180-unit, Class-A rental townhome...
88-Unit University Gardens Apartments Trades for $16.375MM Near UC Riverside
Kidder Mathews closed the $16.375 million sale of the 88-unit, 1964-built property at a 6.38 percent cap rate, betting that its recently completed...
Turtle Creek Apartments Trades for $34.5MM in Riverside at 4.33% Cap Rate
CBRE brokers the $34.5MM sale of the 98-unit Turtle Creek Apartments in Riverside, including a rare HUD loan assumption at a 4.33% cap...
California’s Rental Housing Bills Reach the Home Stretch, Testing Southern California’s Multifamily Market
A batch of California rental housing bills cleared the Legislature's August 13 suspense hearings and now advances toward final floor votes, leaving Southern...
