A 102-year-old construction company has opened an office in Ontario. Granite Construction Inc., which recently received a $25 million contract to refurbish nine industrial buildings near Ontario International Airport, has established a 6,000-square-foot facility at 3281 E. Guasti Road, according to company officials. The number of employees working there was …
Read More »Ontario industrial portfolio sold
Two industrial buildings in Ontario have been sold for $142 million. Stockbridge, a San Francisco-based real estate investment management firm, recently bought the freestanding buildings at 3351 E. Philadelphia St. and 4450 E. Lowell St., according to a statement. Both structures are 100 percent leased. Cushman & Wakefield represented the …
Read More »Stater Bros. store gets upgrade
Stater Bros. has completed a major renovation of its Riverside locations. The store at 2995 Iowa Ave. has a new interior, floors and upgraded checkout stands, according to a statement on the company’s website. A new seafood department has been added, and the delicatessen has undergone an upgrade. Hispanic and …
Read More »ONT, LAFC enter marketing agreement
Ontario International Airport has partnered with the Los Angeles Football Club. The agreement, which makes Ontario International the official airport of the men’s professional soccer team, will involve community events and co-branding opportunities between the two entities, according to a statement on the airport’s website. The soccer team will have …
Read More »Ontario logistics buildings to get overhaul
Nine logistics buildings near Ontario International Airport will undergo a $25 million renovation. Granite, a 102-year-old construction firm in Watsonville that recently opened an Ontario office, will enlarge and retrofit the buildings’ water and sewer systems and storm drains, according to a statement. Other planned improvements include construction of a …
Read More »Apartment complex sells for $146 million
A 492-unit Murrieta apartment complex has been sold for $146 million. Silverado Apartment Homes was purchased by Bell Partners, a multifamily project manager based in Greensboro, N.C., according to a statement. The seller was Realty Center Management Inc. in Culver City. Bell Partners plans to rename the property Bell Murrieta …
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