San Bernardino
Amazon to Hire 16K Seasonal Workers in IE, SoCal
Amazon plans to add 16,000 workers to its warehouse network in Southern California and 30,000 across the state, part of… Read more
StarPoint Goes Full Cycle on OZ Investment with 242% ROI
StarPoint Properties closed the $49.5-million sale of 6th Street Point, a new 179,000-square-foot industrial property located on a 9.8-acre site… Read more
PGIM Real Estate Provides $455M Loan on SoCal Industrial Portfolio
PGIM Real Estate has provided $455 million in fixed-rate financing on behalf of its core lending strategy to Alere Property Group… Read more
San Bernardino Reaches Agreement with State Over Housing Plan
Under the threat of litigation, the City of San Bernardino agreed to update its housing plan to meet its state-mandated… Read more
Cresa Promotes Lawson Martin, Dennis Smith to Greater LA Market Leaders
Cresa president Greg Schementi said Tuesday that Lawson Martin and Dennis Smith have each been named managing principal – market… Read more
Dermody Acquires San Bernardino Warehouse, Plans Upgrades
Dermody Properties acquired 5685 Industrial Pkwy. in San Bernardino for a reported $67.5 million. The 250,111-square-foot logistics facility is occupied… Read more
GID Acquires Multi-Tenant Redlands Industrial
GID, a real estate owner and fiduciary that invests in multiple asset classes, has acquired 401 Alabama St., a Class… Read more
High-Vacancy San Bernardino Multifamily Finds Buyer
CBRE’s Eric Chen represented both the buyer and seller in the sale of a three-property multifamily portfolio in San Bernardino.… Read more
Newly Completed San Bernardino Multifamily Sells for 97% of List Price
The Mogharebi Group has arranged the $21.5-million sale of Loma Villas, a newly constructed 70-unit multifamily community in San Bernardino.… Read more
California Assembly Bill Restricting Industrial Development Dies in Committee
AB 1000, a bill that in its original form would have largely shut down industrial development statewide on properties larger… Read more
CBRE Arranges $7M Sale of Rialto Apartment Complex
A local private investor who owns several multifamily buildings in the Inland Empire, has purchased Jackson Apartments, a 41-unit asset… Read more
Inland Empire Homebuying Plummets 40%
Higher interest rates and soaring inflation has throttled homes sales in the Inland Empire, according to data from CoreLogic. The… Read more
New California Bill Aims for 1,000-foot Warehouse Buffer
The Inland Empire remains one of the most sought-after industrial markets in the country, and a San Bernardino California lawmaker… Read more
San Bernardino Multifamily Community Sells for $13M
CBRE has brokered the $13.05 million sale of Green Village Townhomes, a 70-unit multifamily community in San Bernardino, CA. The… Read more
San Bernardino Office Depot Building Trades for $5M
Rancho Cucamonga, CA-based retail specialist Progressive Real Estate Partners has completed the $4.9M sale of 675 E. Hospitality Lane, a… Read more
Colliers Brokers $26M Sale of San Bernardino Business Park
MIG has acquired Gifford Business Park, a 157,000-square-foot, seven-building industrial business park in San Bernardino, CA. Colliers’ Christopher Smith and… Read more
DAUM Directs $9M Sale of Moreno Valley Development Site
DAUM Commercial Real Estate Services has directed the sale of a 15.6-acre land parcel in Moreno Valley, CA. Canadian investor… Read more
San Bernardino Developer John Magness Passes
John Magness, market leader for Hillwood’s West Coast office in Ontario and decorated Desert Storm veteran, died Saturday, Feb. 4… Read more
SAC Health Expands to 12 Locations with San Bernardino Acquisition
SAC Health, a community-based health center, completed the $35,250,000 purchase of the former Wells Fargo regional headquarters building located at… Read more