Pomona
University Acquires Downtown Pomona’s Armstrong Building
Progressive Real Estate Partners recently closed the $2.98-million sale of The Armstong Building, an iconic, 27,980-square-foot mixed-use building located at… Read more
Pomona AutoZone Mega Hub Changes Hands in 1031 Deal
Progressive Real Estate Partners closed the sale of a single-tenant NNN AutoZone Mega Hub located at 601 E. Holt Ave. in Pomona. The 30,000-square-foot… Read more
BA&D, Belay Complete Disposition of SoCal Multi-Tenant Industrial Portfolio
Birtcher Anderson & Davis (BA&D) and Belay Investment Group have completed the disposition of their Southern California Multi-Tenant Industrial Portfolio, which… Read more
MetroGroup Arranges Refi for Pomona Manufacturing Facility
MetroGroup Realty Finance, a private commercial mortgage banking firm based in Newport Beach, provided a $24-million loan to refinance a 228,000-square-foot… Read more
CP Capital Trades Newly Built Boston-Area Multifamily to All-Cash Buyer
CP Capital, a New York City-based real estate investment manager specializing in multifamily, has sold Hathon, a 190-unit apartment community located in… Read more
Proficiency Capital Acquires Two Inland Empire West Business Parks
JLL Capital Markets arranged $32.235 million in acquisition financing for McGee Business Center I & II, a fully leased 231,696-square-foot industrial portfolio located… Read more
Berkadia Secures $47M Refi on Upland Apartments
Berkadia arranged the refinancing of Arbor Park Apartments, a 260-unit, garden-style multifamily property in Upland. Senior managing director Allan Freedman of… Read more
CP Capital Divests New-Construction Apartments in Pomona
Real estate manager CP Capital on Thursday announced the sale of The Gabriel, a four-story, 312-unit apartment community in Pomona. The buyer… Read more
Mill Creek Launches Preleasing at Pomona Rentals
Mill Creek Residential, a Florida-based developer, owner-operator and investment manager specializing in rental housing across the U.S., launched preleasing at Modera Pomona,… Read more
Pomona Apartments Trade to LLC for $10M
Marcus & Millichap recently closed the sale of North Garey Village Apartments, a 44-unit apartment property located in Pomona,. The asset… Read more
1031 Buyer Pays $35M for Pomona Apartments
Institutional Property Advisors (IPA), a division of Marcus & Millichap, arranged the sale of Terramonte at Foothill, a 138-unit apartment property… Read more
California People and Company News for Sept. 8, 2023
Connect Orange County will take place Sept. 27, 2023 at VEA | Newport Beach Marriott in Newport Beach, concurrently with… Read more
Aries Capital Closes Bridge Loan for Pomona Industrial Acquisition
Aries Capital closed on a $50-million bridge loan for the $65.5-million acquisition of a 290,195-square-foot industrial property in Pomona. Closed… 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
New Pomona Warehouse Secures $50M Construction Loan
JLL Capital Markets has arranged $50 million in construction financing for the development of 4200 W. Valley Blvd., a 270,000-square-foot… Read more
The Holistic Aspect of Regenerative Design: Q&A with Cuningham’s Paul Hutton
The growing threat of climate change hazards is spurring industries to develop solutions that might reduce those hazards. One concept… Read more
Realterm Grabs 8-Acre Pomona Industrial Site
Maryland-based transportation real estate specialist Realterm has acquired an 8.2-acre secured storage facility in Pomona, CA. The fully lit, secured… Read more
EverWest Buys Pomona Industrial Property for $46M
Cushman & Wakefield has advised Stos Partners in the $46 million dispositional sale of a 182,000-square-foot distribution facility in Pomona,… Read more
Iconic and Leste Partner in $12M IE Land Acquisition
Iconic Equities and Leste Real Estate U.S. have acquired a 5.6-acre land parcel in the western portion of the Inland… Read more