AZUR Realty Partners

Home > Newsroom

Southern California Real Estate News

Mar 9	Hotel in Mixed Project Wins $21M Financing RIVERSIDE, CA-MetroRiverside LLC teams with the City of Riverside to tap into new federal bond program to finance construction of a 125-room Hyatt Place and related improvements.
Mar 9	New Lease Nets Savings When Tenant Moves REDLANDS, CA-It's a sign of the times as industrial tenant Bayer Crop Science saves more than $325,000 over two years in a move from Chino.
Mar 9	City Poised to Lead as Panel Predicts Recovery ONTARIO, CA-Panelists including an economist, a top broker and a major investor present a decidedly optimistic outlook for Ontario at the annual State of the City event.
Mar 9	Historic Guasti District Getting Mixed Makeover ONTARIO, CA-Preservation work starts on 175,000 square feet of a 55-acre adaptive reuse project to include a mix of restaurants, entertainment, hospitality and lifestyle tenants.
Mar 9	380,000-SF Shopping Center Goes on Market CHINO HILLS, CA-A bank consortium puts the Shoppes at Chino Hills on the market. Separately, the Shoppes and another nearby 160,000-square-foot center get new management.
Mar 9	Appliance Firm Expands in 416,000-SF Lease SAN BERNARDINO, CA-Royal Appliance expands its operations by more than 65,000 square feet and relocates in the industrial lease with Hillwood Investment Properties.
Mar 9	David Burback Takes Reins at Two Grubb Offices ONTARIO, CA-The industry vet takes on the management of the company's Ontario and Anaheim offices as Grubb & Ellis looks to expand its presence in those areas.
Mar 9	First Industrial Leases, Sale Total 361,000 SF PERRIS, CA-The REIT inks a 165,000 lease here in the largest of the deals, plus a 96,000-square-foot lease in Thousand Oaks and a 100,000-square-foot sale in Compton.
Mar 9	ULI Outlines Paths for Transit Development ONTARIO, CA-An industry expert explains TOD planning principles, and ULI panels analyze the TOD potential for four Southland cities.
Mar 9	Manufacturer Expands, Buying 82,000-SF Building CORONA, CA-Duralum Products Inc., a maker of patio covers and enclosures, acquires the property at 2485 Railroad St. from Newport Beach-based Master Development Corp.
Mar 9	Logistics Provider Renews 1M SF of Leases CHINO, CA-IDS USA signs three deals totaling more than 1.1 million square feet with landlord Majestic Realty as part of one negotiation.
Mar 9	107-Unit Fractured Condo Note Trades for $13M CHINO, CA-Overseas investors specializing in distressed assets pay $13.4 million for the $22 million first trust deed to the Ivy Gardens seniors project.
Mar 9	$21M Apartment Sale Indicates Market Direction SAN BERNARDINO, CA-San Diego-based Strata Equity Group buys the 254-unit complex in a deal that provides an important comp for the market and shows where cap rates may be headed.
Mar 9	KTR Capital Acquires 656,000-SF Warehouse ONTARIO, CA-The New York City-based investment group buys the Hofer Ranch property, 77% occupied by Converse, from CB Richard Ellis Investors.
Mar 9	ARK Management Expands Via New Contracts CARDIFF BY THE SEA, CA-The company expands its third-party management portfolio with the addition of a mixed-use retail and industrial project in Ramona.

National Real Estate News