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California  + Inland Empire  + Industrial  | 

CIP Acquires $80M Flex Industrial Portfolio

Irvine-based CIP Real Estate (CIP) completed four Inland Empire transactions within the past year, totaling $80-million. Three of the office and industrial assets were acquired in joint-venture with Baltimore-based Alex Brown Realty, Inc., a long-time investment partner with which CIP completed 18 previous acquisitions.

Recent acquisitions:
– Center Tower Riverside, a $13.3-million deal for a 74,000-square-foot Class A office tower in downtown Riverside
– College Business Park, a $34.5-million deal for a 314,000-square-foot office and industrial park in Upland
– Milliken Business Center, a $17.1-million deal for a 157,711-square-foot Class A business park in Ontario, from an investment fund managed by Colony Capital

CIP also completed a $15-million purchase of Indiana Business Park, a 150,000-square-foot industrial park in Riverside, with funding by its private investment group. The seller was a joint venture of CIP Real Estate and Blue Vista Capital Management.

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About Dennis Kaiser

Dennis Kaiser is Vice President of Public Relations and Communications for Connect Creative. Dennis is a communications leader with more than 40 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect Creative’s agency client services and is involved in a range of initiatives ranging from public relations and content strategy, communications and message development, copywriting, media relations, social media and content marketing services. Prior to joining Connect Media in 2015, his most recent corporate communications roles involved leading a regional public relations effort across Southern California for CBRE, playing a key marketing role on JLL’s national retail team, and directing the global public relations effort at ValleyCrest (BrightView), the nation’s largest commercial landscape services company. He has worked on marketing communications assignments for such CRE companies as Blackstone/Equity Office, Carlyle, Caruso, Disney Resorts, GE Capital, Irvine Company, Hines, Howard Hughes Corp., Jeffries, Lennar, MGM, Marcus & Millichap, Prologis, Raleigh Studios, Simon, Starwood, Trammell Crow Company, Transamerica, UBS and Wynn Resorts. Dennis has also worked on communications and launch strategies for a number of consumer electronic, media and tech brands including SlingMedia, Channel Master, Deluxe Media Entertainment, BeIn Sports, EchoStar and Sprint. Dennis’s agency background included firms such as Off Madison Ave., Idea Hall and Macy + Associates. He has earned an outstanding reputation with organization leaders as a trusted advisor, strategic program implementer, consensus builder and exceptional collaborator. Dennis has developed and managed national communications programs for Fortune 500 companies to start-ups, both public and private. He’s successfully worked with journalists across the globe representing clients involved in major-breaking news stories, product launches, media tours, and company news announcements. Dennis has been involved in a host of charitable and community organizations including the American Cancer Society, Easter Seals, Boy Scouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and the Thunderbirds Charities.

  • ◦Sale/Acquisition
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