Tag Archives: featured

A 1.8-million-square-foot warehouse-distribution center in an unincorporated community in Riverside County has been sold for a reported $329 million. Shopoff Realty Investments in Irvine and Artemis Real Estate Partners in Washington, D.C., sold Cherry Valley Logistics Center, to Toronto-based Brookfield Asset Management, according to a statement posted on Feb. 6 …

The world’s largest movie theater chain in the United States will start charging ticket prices based on seat location at all of its domestic theaters. AMC Theatres’ Sightline at AMC program has started at some locations and will be standard at all AMC domestic cinemas by the end of the …

A Chevron service station, convenience store, and car wash in Norco have been sold for $11.9 million. The 2.8-acre development at 996 Mountain Ave. sold for its full asking price in a transaction that included all three structures as well as the property, according to Progressive Real Estate Partners in …

Don Brown doesn’t hold back when asked how much he expects Barstow International Gateway, BNSF Railway Co.’s planned 4,500-acre rail yard and intermodal facility, will transform the High Desert city. The project better known as BIG, is a “game changer,” not just for Barstow but the High Desert, Brown said. “Just …

NFI Industries, a third-party logistics company, has renewed its lease at the Perris Distribution Center. Newmark Ontario represented the landlord in the negotiations, Los Angeles-based Ares Management, according to a statement. Terms of the agreement were not disclosed. NFI occupies an 864,000-square-foot building at Perris Distribution Center, a two-story building …

Maribeth Tinio has been named Riverside city planner. Tinio has nearly 20 years experience in planning, economic development and environmental analysis/compliance, according to a statement on the city’s website. For the last seven years, Tinio was Stanton’s interim community and economic development director and planning manager. Before that, she was …