IE Business Daily Business news for the Inland Empire.
Eighteen retailers have agreed to locate at a Rialto shopping center scheduled to break ground this month.
Rialto Village will be built at the southwest corner of San Bernardino and Riverside avenues and will be anchored by Sprouts, Burlington, Ulta, and Five Below, according to CBRE Ontario, which is marketing the project.
Cold Stone Creamery, The Joint, Nekter Juice Bar, Coffee Bean & Tea Leaf, and West Coast Dental have signed leases, along with several local tenants.
About 97 percent of the project, which is being developed by Newmark Merrill Cos., Inc. in Calabas has been leased.
Only one space of 2,700 square feet – in a project that will ultimately cover 96,000 square feet – remains unaccounted for, CBRE stated.
“Early commitments from high-quality anchor tenants sent a strong message to retailers … that this is a dynamic location in an underserved area,” said Brian McDonald, first vice president with CBRE Ontario, in the statement.
