Stirling Development Commences Construction on 370,023-Square-Foot Industrial Facility; Announces Major Pre-Lease with Plastipak
December 6, 2016
Stirling Development has commenced construction of Distribution Centre 18, a 370,023-square-foot industrial facility located at Southern California Logistics Airport, (SCLA) an 8,500-acre multimodal freight transportation hub which includes a 2,500-acre commercial and industrial complex entitled for 60 million square feet of development in Victo...
Significant Mid-Level Gap Plagues Manufacturing
October 31, 2016
FONTANA, CA—During the recession, new hiring was minimal, but the workforce continued to get older, and technology is changing the way the industry operates, InTech Center’s Ken Eaves tells GlobeSt.com EXCLUSIVELY.
Stirling Capital Investments Delivers New 447,740-Square-Foot Industrial Facility
October 28, 2016
VICTORVILLE, CA (October 28, 2016) – Stirling Capital Investments has announced the completion of Building 13B, a 447,740-square-foot industrial facility located at Southern California Logistics Centre (SCLC), a 2,500-acre commercial and industrial complex entitled for 60 million square feet of development in Victorv...
San Bernardino County Names New Deputy Exec. Officer
October 4, 2016
SAN BERNARDINO COUNTY, CA—Reg Javier brings nearly two decades of experience in workforce and economic development policy and administration to this position.
Industrial Demand Skyrockets In San Bernardino County
September 22, 2016
Fortune 500 firms find fertile ground for maximizing growth in Southern California’s new golden market.
Retail Is Thriving in San Bernardino County
September 16, 2016
SAN DIEGO—San Bernardino County’s Soua Vang encourages retailers to look into the growing markets in the County, which is business friendly and pro growth.
Are Millennials Flocking to SoCal’s Inland Empire?
August 16, 2016
According to a recent CBRE report, more than 1 million square feet of new retail planned for San Bernardino County, changing demographics and new communities lead demand for diversity of shops and services.
$3.65 Million in California Competes Tax Credits Awarded to Seven San Bernardino County Companies for Adding 512 Jobs
August 15, 2016
SAN BERNARDINO COUNTY, CA – Seven companies located in San Bernardino County have been awarded $3.65 million in California Competes Tax Credits (CCTC) for expanding and creating jobs in California. The awards will help these companies generate more than $79,314,222 of total investment in the County and add 512 full-t...
San Bernardino County is Ripe for Two Kinds of Retail
August 10, 2016
While San Bernardino County is adding necessity retailers like grocery and drug stores, the region’s consumers are also thirsty for experiential retail and hip new restaurants, Lewis Group of Cos.’ Randall Lewis tells GlobeSt.com in this EXCLUSIVE ICSC preview.
Goodman Birtcher Inks Logistics Center Lease with Walmart
August 9, 2016
Goodman's North American platform continues to gain momentum with the recent lease transaction completed with Walmart for 100% of Goodman Logistics Center Fontana.
Developers Can’t Build Million-SF Buildings Fast Enough
August 1, 2016
INLAND EMPIRE, CA—The Inland Empire market remains the most-sought-after warehouse/distribution market in the US, according to sources.
Arden Companies expands facilities to Victorville
June 1, 2016
Thanks to help from the San Bernardino County Economic Development Agency and the City of Victorville, Arden Companies, a Bingham Farms, Mich.-based industry leader in the manufacturing of outdoor living products and accessories, has announced that it will relocate from its existing facility to a new state-of-the-art manufacturing facility in Vi...
Retail Resurgence in San Bernardino County
August 3, 2016
SAN BERNARDINO, CA—Population growth, strong demand, increasing absorption and decreasing vacancies are evidence of a robust retail sector in this part of the Inland Empire making it a great place for retailers to locate, CBRE’s Jeff Moore tells GlobeSt.com in this EXCLUSIVE interview.
As Millennials Move In, Which Retailers Are Following?
May 3, 2016
SAN BERNARDINO, CA—Much has been made about business growth in San Bernardino County, but there’s another shift that’s having a major impact: demographic. Lured by an achievable quality of life, millennials are moving and bringing retailers looking to tap into those changing tastes for the region of two million residents and 24...
Lessons From A Successful Reshoring
February 8, 2016
RANCHO CUCAMONGA, CA- As industrial companies rediscover the competitivemess of domestic manufacturing, the move to reshore operations inside the US has garnered more interest.
Demand Drives Inland Empire-East Industrial Deal
January 14, 2016
REDLANDS, CA—Annual industrial rent growth topping 10% and continued tenant demand have spurred the $33.3-million sale of Redlands Business Center in Southern California’s Inland Empire-East submarket. That is according to JLL, which represented seller, Bixby Land Co.
Custom Goods Signs 441,970 SF Lease
November 13, 2015
RANCHO CUCAMONGA, CA- JLL has represented Custom Goods, one of the region's premier third party logistics firms, in a new lease for 441, 970 square feet of industrial space at Prologis Rancho Cucamonga Distribution Center.
The Secret Behind the Tri-City Deal
September 9, 2015
SAN BERNARDINO, CA—In mid-2015, a joint venture of Oaktree Capital Management and Hines acquired the 17-building Tri-City Corporate Centre in San Bernardino, in one of the largest office property deals in the Inland Empire. The master-planned complex located near the intersection of Interstate 10 and Interstate 215 contains more than one m...
Liberty Properties Takes Big Box Off Market
July 27, 2015
Big Purchase and Leasing News for the Inland Empire
Ontario: QVC to build distribution center
July 14, 2015
The television retailer’s facility will be about 1 million square feet; up to 1,000 workers are forecast.
Bridge Development Buys 40 Acres
June 19, 2015
Bridge Development Partners LLC has acquired a 40-acre site in San Bernardino County. The firm plans for nearly 1 million square feet of state-of-the-art industrial facilities.
Dealmaking Returns, Bullish Sentiment Prevails At Crowded RECon In Las Vegas
May 19, 2015
"People are in a deal-making mood. They realize there’s a lot of money on the sidelines".
"Tremendous" Momentum, Potential in San Bernardino County Retail
May 5, 2015
RANCHO CUCAMONGA, CA—As GlobeSt.com recently reported, it's no secret that San Bernardino County is firing on all cylinders economically, creating an environment ripe for more retail development. One firm capitalizing on that strength has been locally based Progressive Real Estate Partners. GlobeSt.com met up with Brad Umansky, preside...
Vaupel: Job Growth Creates Retail Growth
April 30, 2015
SAN BERNARDINO COUNTY, CA—With a busy port leading widespread job creation at one of the highest rates in the country, it’s not surprising that retail developers are seeing opportunities here. GlobeSt.com met EXCLUSIVELY with Larry Vaupel, economic development administrator of San Bernardino County Economic Development Agency, to get...
Pacific Industrial Doubles Sierra Pacific Center
April 20, 2015
FONTANA, CA—Pacific Industrial has broken ground on a 751,024-square-foot industrial building at its Sierra Pacific Center in Fontana, GlobeSt.com reports exclusively. The new building will double the size of the center, creating a 1.5-million-square-foot industrial campus. Phase II of the development, this second building, will be complet...
Region Has Regained Pre-Recession Lost Jobs
April 15, 2015
SAN BERNARDINO, CA—Healthcare-related jobs creating a ripple effect in the San Bernardino economy are partially credited for the area’s strong employment comeback in the last two years, economic development agency administrator for San Bernardino County Larry Vaupel tells GlobeSt.com exclusively. US general-aviation aircraft manufact...
JV Buys 43-Acre Industrial Site
April 7, 2015
REDLANDS, CA—Crow Holdings Capital Real Estate and Seefried Properties have formed a partnership to purchase a 43-acre industrial development site in Redlands, CA. The development is fully entitled for a two-building, 1-million-square-foot industrial complex, which will be known as the Redlands Logistics Center. Construction is scheduled t...
Hillwood Plans 1M-SF Industrial Build
April 2, 2015
SAN BERNARDINO, CA—Hillwood Investment Properties has broken ground on the Gateway South Building 3, a 1.1-million-square-foot industrial building in San Bernardino. The property is an extension of the 14-million-square-foot AllianceCalifornia industrial park. The development is scheduled for delivery by the end of the year.
JOBS: New mobile app from California helps applicants
March 31, 2015
The free app helps job-seekers look for work with filters on job description and location
Hillwood Breaks Ground on 1.1 Million SF Industrial Building in California
March 27, 2015
AllianceCalifornia Gateway South Building Three is the largest speculative industrial building under construction in San Bernardino County.
SAN BERNARDINO, Calif. — Hillwood Investment Properties has broken ground on Alliance Gateway South Building Three, a 1.1 million-square-foot addition to its AllianceCalifornia developme...
Kendall: National Interest Rising in County Office Market
March 9, 2015
ONTARIO, CA—Optimism is high in San Bernardino County—and investors are playing a role. The region is beating its neighbors in job creation over the past year (2.2% growth, vs. 2.0% for Orange County and 1.3% L.A.). And statewide it saw the highest levels of new business creation (two-thirds of all businesses in 2012 and 2013) and is...
People of Precision
March 1, 2015
Advanced manufacturers in San Bernardino County rely on continuously improving educational and training systems to deliver globally competitive workers.
Land Values Will Continue to Rise
February 4, 2015
ONTARIO, CA—As the drive for development in the Inland Empire ramps up, land prices are heading north and developers are becoming more sophisticated with the capital stack, said speakers at RealShare Inland Empire last week. What’s more, there’s so much capital looking for deals that developers can afford to re-jigger the capit...
Lenders are Heading to Inland Empire East
February 3, 2015
ONTARIO, CA—With competition among lenders in full swing in L.A. and Orange County, many are eyeing this submarket as an area of growth and opportunity for deals, said speakers at RealShare Inland Empire’s “Inland Empire Deals & Opportunities” panel here last week. The spillover has already hit Inland Empire West, lea...
Ports and IE: Food Chain to Consumers
February 2, 2015
ONTARIO, CA—The path from Asian exporting companies to the L.A./Long Beach ports and their proximity to the Inland Empire create the ideal environment for industrial to thrive here, said speakers at RealShare Inland Empire here last week. In many ways, this route is the most expedient way to transport goods from Asia to the US for distribu...
Will Living-Wage Jobs Come Back?
January 30, 2015
ONTARIO, CA—Minimum-wage job growth is undeniable, but you can’t send your kids to college if you’re working at Chili’s, said speakers at RealShare Inland Empire here yesterday. The “Local Leaders Roundtable” panel noted growth in low-paying jobs at quick-serve restaurants and in the service industry, but muse...
Rents Surpassing Peak in Inland Empire
January 28, 2015
ONTARIO, CA—Some size ranges of industrial space in this market are under such great demand that rents continue to climb, CBRE’s vice chairman Darla Longo tells GlobeSt.com exclusively. We spoke with Longo in advance her deal-making panel at RealShare Inland Empire this week to get her take on this thriving market and where she sees ...
Inland Empire’s Biggest Industrial Dilemma
January 27, 2015
ONTARIO, CA—Finding product to buy and getting a high yield from it is the biggest problem investors have in this market, Steve Batcheller, partner with Panattoni Development Co. Inc., tells GlobeSt.com. In this preview to RealShare Inland Empire this Thursday here, we spoke exclusively with Batcheller about what factors support the curren...
Go East, Young Workers by Joel Kotkin
January 23, 2015
Do the middle class and working class have a future in the Southland? If they do, that future will be largely determined in the Inland Empire, the one corner of Southern California that seems able to accommodate large-scale growth in population and jobs. If Southern California’s economy is going to grow, it will need a strong Inland Empire...
Building the Small Path to Big Growth
January 5, 2015
SAN BERNARDINO, CA—Already a logistics hub, San Bernardino County is growing in an often overlooked segment: small business. And the opportunity is ripe, says Mike Stull, director for the Inland Empire Center for Entrepreneurship (IECE).
California Wins in Business Survival Rate
December 22, 2014
SAN BERNARDINO, CA—Its proximity to the ports, international airports and major interstates helps businesses in San Bernardino County keep operational costs in check, Larry Vaupel tells GlobeSt.com exclusively. Vaupel, a 20-year economic and land-development professional, was recently named San Bernardino County’s Economic Developmen...
Inland Empire Renewals Back in Vogue for 2015
December 15, 2014
Franc Geraci, an EVP in Voit Real Estate Services’ Inland Empire office, reviews the future for the Inland Empire’s industrial market, noting that things are “simply booming.”
Will a Regional iHub Create Future Success for San Bernardino County?
December 3, 2014
Improvement is expected to come from the export sector. Last year revenue for the area’s exports hit $9.6 billion. The top products are transportation equipment, computer and electronic products and chemicals and machinery. Top export markets are Canada, Mexico, Japan and China.
The strategy to increase exports s...
Finding Opportunity in the High Desert
November 21, 2014
VICTORVILLE, CA—Eldon Heaston is executive director for the Mojave Desert Air Quality Management District. As part of his work, he sees the High Desert, comprised of Adelanto, Apple Valley, Barstow, Hesperia and Victorville, as a strategic opportunity for businesses seeking to remain in the golden state based on his agency’s pro-busi...
BIG BEAR: Mammoth Mountain buys pair of resorts for $38 million
September 24, 2014
A merger inked Wednesday could breathe new life into one of Southern California’s most popular ski towns, bridging two destinations for skiers and snowboarders and coming at the most unlikely of times: in the middle of a drought when snowfall is a scarcity.
County Food Tenants Ask for Outdoor Component
September 23, 2014
SAN BERNARDINO COUNTY, CA—In preparation for the upcoming ICSC Western States conference, we caught up with Randall Lewis, EVP of Lewis Retail Centers, to discuss that his company has in the works here in the County and about his observations on the state of economy in the County of San Bernardino.
A Bushel of New Retailers in Apple Valley
September 19, 2014
SAN BERNARDINO, CA—In preparation for ICSC Western States, we chatted with GlobeSt.com thought leader, the County of San Bernardino about the Town of Apple Valley, located in the High Desert region of the Inland Empire in Southern California, which has experienced a number of new retailer expansions and development, further adding to this ...
Guthrie Development Buys Airport Distribution Center
September 1, 2014
ONTARIO, CA—Guthrie Development Co. and its private equity partner have acquired Airport Distribution Center, a 221,171-square-foot industrial park located in the Inland Empire. Located at 1500, 1550, and 1590 Milliken Ave. in the City of Ontario, the park is comprised of three buildings and 30 units
CapRock Secures Parcels for Industrial Build
August 22, 2014
RIALTO, CA—CapRock Partners, a private commercial real estate investment firm based in Orange County, CA, has acquired the second of two premium land parcels in Rialto, CA. Only one mile apart, the projects boast ideal freeway access to the 210, 15 and 10 Freeways.
Pacific Industrial Moves on 744,032-SF Facility
July 30, 2014
FONTANA, CA—GlobeSt.com has exclusively learned that Long Beach, CA-based Pacific Industrial has broken ground on the Sierra Pacific Center. The 744,032-square-foot class A logistics and distribution facility will be located in the Inland Empire West.
Demand for space forecast to continue
July 25, 2014
The demand for industrial space in Inland Southern California – and construction for all types of commercial properties statewide – is expected to continue to grow in the next three years, a study released this week said.
Tire Maker Expands Distribution Facility
July 23, 2014
CHINO, CA—Yokohama Tire Corporation has chosen the County of San Bernardino for expansion into a larger Western Region Distribution Center. The company has leased a newly-constructed, 658,000-square-foot facility located at 16388 Fern Ave., Building 2 in the city of Chino, which it plans to occupy late this year.
Redlands, A Driving Force of Activity
July 17, 2014
REDLANDS, CA—As GlobeSt.com reported this morning, the industrial development alliance between Chicago-based Conor Commercial Real Estate, a member of the McShane Cos., and MetLife Real Estate Investors, revealed the development and groundbreaking of Redlands Logistics Center. The 1.01-million-square-foot speculative industrial facility is...
Larger Lease Inked After $32M Sale
July 14, 2014
ONTARIO, CA—3M Co. has sold a 270,890-square-footindustrial building and 42 acres of land here to an unnamed buyer for $31.9 million. As part of the transaction, the firm signed a 10-year lease on a 454,877-square-footdistribution facility soon to be constructed on a nearby vacant parcel.
Overcoming Hurdles, Not Creating Them
June 19, 2014
SAN BERNARDINO COUNTY—“Most tenants are looking for flexibility and the ability to expand quickly if need be.”
State of San Bernardino County: Collaborating, thinking big are keys to a bright future
February 26, 2014
ONTARIO People will need to think bigger and collaborate more to help San Bernardino County meet its future economic, educational and quality-of-life goals, Board of Supervisors Chairwoman Janice Rutherford told more than 1,000 people at Wednesday evening’s State of the County event at Citizens Business Bank Arena.
A Wealth of opportunity in San Bernardino County: Guest commentary
February 24, 2014
From 2007 to 2011, about 42,000 Los Angeles County residents packed up and moved east to San Bernardino County.
Intsel Steel West, LLC Chooses County of San Bernardino as Strategic Location for its First California Distribution Facility
February 11, 2014
COUNTY OF SAN BERNARDINO, CALIF. February 11, 2014 – Intsel Steel West, LLC, a growing supplier of steel to the construction industry, has selected the County of San Bernardino to locate its first California distribution facility. The company purchased a five-acre, 50,000-square-foot distribution facility located at 13338 ...