Riverside
1.86MM SQFT Target Distribution Center Underway in Riverside County 
By Catherine Sweeney A long-time vacant site in Riverside totaling 14.25 acres is being developed to serve as a 1.86 million square-foot distribution...
A Community of Friends to Develop 95-Unit Affordable Senior Housing Project in Riverside
RIVERSIDE, Calif. –– R.D. Olson Construction, an award-winning general contracting firm in California, today announced the groundbreaking of Oasis Senior Villas, a 95-unit...
R.W. Selby Purchases 106-Unit Apartment Complex in Riverside for $45MM
(EDITOR’S NOTE: According to Northmarq, the property sold for $45 million, or 424,528 per unit.) SAN DIEGO, CALIFORNIA – NorthMarq’s Managing Director Kyle...
Report: California Sees Record Number of Hotel Developments in 2021 Despite Rising Construction Costs
By Catherine Sweeeney California’s hotel industry ended the 2021 year on a positive note, with a new record high of hotels opening across...
Alere Property Group Acquires 709,081 SQFT Warehouse in Riverside for Nearly $200MM
RIVERSIDE, Calif., – Cushman & Wakefield has advised the sale of a brand new 709,081-square-foot state-of-the-art Class A industrial warehouse facility situated...
Greystar Purchases 264-Unit Apartment Complex in Riverside for $96.5MM
(EDITOR’S NOTE: According to sources with knowledge of the transaction, the property sold for $96.5 million, or approximately $365,530 per unit.) Los Angeles...
Report: Inland Empire Office Market Sees Slight Improvements in Third Quarter
By Catherine Sweeney Due to more affordable pricing and its less populated location outside of Los Angeles, the Inland Empire’s office market is...
Advanced Real Estate Pays $80MM for 212-Unit Apartment Building in Downtown Riverside
IRVINE, CALIFORNIA – Advanced Real Estate (Advanced) paid just over $80 million ($377,358 per unit) for the 212-unit apartment building near Downtown Riverside....
Report: Demand for Industrial Space in Inland Empire Far Outpacing Supply
By Catherine Sweeney With demand for industrial product only continuing to increase, the Inland Empire’s industrial market is showing another quarter of historic...
USC Report: Southern California Rents to See Triple-Digit Rent Increases Over Next Two Years
LOS ANGELES – November 9, 2021 – The 2021 University of Southern California Casden Economics Forecast projects triple-digit dollar rent increases over the...
BDG, CH Realty Partners, Declaration Partners Acquire 333,572 SQFT Fulfillment Center in Perris for $57.5MM
(EDITOR’S NOTE: According to sources familiar with the transaction, the property was sold for $57.5 million, or approximately $172 per square foot.) PERRIS,...
65,380 SQFT Office Building in Riverside on Market for $14.29MM
By Catherine Sweeney A newly renovated office building in downtown Riverside has been listed for sale after last trading hands in 2018. According...
