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MGR Acquires Via Verde Corporate Plaza for $19M

Upland, CA-based MGR Real Estate acquired Via Verde Corporate Plaza, an institutional-quality, multi-building office campus in San Dimas, CA for $19 million. The asset was built in 2000, and encompasses more than 92,000 square feet of space.

The 140 Via Verde building is roughly 94% leased, while the 160 Via Verde building is 100% leased to a roster of high-quality credit tenants. The property sits on a nearly seven-acre site and features a distinctive architectural design. The two new acquisitions increase MGR’s Inland Empire office building holdings to more than one million square feet.

Newmark Grubb Knight Frank’s Kevin Shannon, Paul Jones and Blake Bokosky represented the seller, an institutional real estate fund managed by New York Life Real Estate. MGR Real Estate’s Michael G. Rademaker and Lynn Yangchana represented the buyer.

For comments, questions or concerns, please contact Dennis Kaiser


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About Dennis Kaiser

Dennis Kaiser is Vice President of Content and Public Relations for Connect Commercial Real Estate. Dennis is a communications leader with more than 30 years of experience including as a journalist and in corporate and agency marketing communications roles. He is responsible for Connect’s client content operations and is involved in a range of initiatives ranging from content strategy, message development, copywriting, media relations, social media and content marketing services. In his most recent corporate communications roles, he led a regional public relations effort across Southern California for CBRE, played a key marketing role on JLL’s national retail team, and was responsible for directing the global public relations effort at ValleyCrest, the nation’s largest commercial landscape services company. In addition to his vast commercial real estate experience, Dennis has worked on communications and launch strategies for a number of residential projects such as Disney’s Celebration in Florida, Ritter Ranch in Palmdale California (7,200 homes, 22,000 acres), WaterColor in Florida and PremierGarage in Phoenix. Dennis’s agency background included firms such as 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, BoyScouts, Chrysalis Foundation, Freedom For Life, HOLA, L.A.’s BEST, Reach Out and Read, Super Bowl Host Committee, and Thunderbirds Charities.

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