Claremont
Weekly People and Company News for July 28
San Diego-based Douglas Wilson Companies (DWC), a national leader in specialized business, receivership and real estate services, has hired Stephen… Read more
Foothill Gold Light Rail Line Nearly Two-Thirds Complete
The Foothill Gold Line Construction Authority has announced the 9.1 mile light rail project from Glendora to Pomona is now… Read more
Claremont Retail Property Trades for $4M
Progressive Real Estate Partners has arranged the sale of a 9,200-square-foot, 100% occupied retail shop building adjacent to Sprouts Farmers… Read more
IPA Arranges $82M Sale of IE Multifamily Asset
Institutional Property Advisors (IPA), a division of Marcus & Millichap has brokered the $82 million sale of Foothill Ridge, a… Read more
Foothill Gold Line Reaches 50% Completion
The Foothill Gold Line Construction Authority celebrated 50% construction completion of the 9.1 mile, four-station, light rail project between Glendora,… Read more
New Standard Equities Sets Sights on Add Value with The Benson
The Benson, a 236-unit multifamily property in Upland, recently sold for $80.75 million or $342,161 per unit. The buyer was… Read more
Shoes That Fit Partners with Nordstrom to Outfit Kids for School
Nordstrom kicked off its annual campaign with the nonprofit Shoes That Fit and exclusive shoe partner, Nike. For the past… Read more
Pomona College Athletic/Rec Center Expansion Kicks Off
Groundbreaking recently marked the go-ahead on the expansion of Pomona College’s Athletic and Recreation Center located at 220 E. 6th… Read more
Intracorp Answers Call for Housing in Claremont
A five-acre land parcel in Claremont is slated as Intracorp Homes’ newest housing development. The 96-home community will include a… Read more
Greystar, HQ Capital MF Development Advances in N. Pomona
Greystar continues to move forward on The Gabriel, a 312-unit multifamily project in North Pomona. The four-level Type V wrap… Read more
Welltower Completes $1.25B Purchase of MOB Portfolio from CNL Healthcare
Toledo, OH-based Welltower Inc. completed a previously-announced $1.25-billion acquisition of a portfolio of 55 medical office properties from Orlando-based CNL… Read more
4.4 Acres Sold in Claremont for Auto Dealership Development
Avison Young completed the sale of a 4.4-acre site in Claremont, CA for the development of a new auto dealership.… Read more
Welltower in $1.25B, 55-MOB Deal with CNL Healthcare Properties
Toledo, OH-based Welltower Inc. agreed to buy a portfolio of Class A medical office and outpatient facilities comprised of 55… Read more
JLL’s Scott Kaplan Passes Away
Veteran commercial real estate broker Scott Kaplan, an Executive Vice President at JLL, passed away unexpectedly February 2. A resident… Read more
Transportation Authority Issues $1.5B Gold Line Extension RFQ
The Foothill Gold Line Construction Authority issued a Request for Qualifications (RFQ) for a design-build team to construct a $1.5… Read more
Family Grocer Celebrates 100 Year Birthday by Closing Store
Wolfe’s Market is closing after 100 years as a small, family-operated grocer in Claremont, CA. This week, the store started a… Read more
Construction Begins on First 365 by Whole Foods
Connect Retail West is coming up Thursday, March 16, 2017. Here’s where to register for The Future of Retail. Los Angeles-based GPI… Read more
Planet Fitness Expands into Upland Retail Center
Planet Fitness signed a 21,178-square-foot anchor sub-lease adjacent to a Smart & Final store in Upland, CA. The new location… Read more
StarPoint Picks Up Claremont ‘Off-Market’ MF
Beverly Hills, CA-based StarPoint Properties acquired Indian Hill Villas, a 75-unit multifamily asset in Claremont, CA. The $15.75-million, off-market transaction… Read more