I-215

Clarion Partners Provides Mezzanine Financing for 600,000 SF Inland Empire Industrial Property

Retrieved on: 
Tuesday, May 9, 2023
Commercial Building & Real Estate, Construction & Property, Professional Services, Finance, Clarion, Port of Los Angeles, Partner, Port, Clarion Partners, Multimedia, LED, ESFR, Acquisition, Société Générale, Investment, I-215, Warehouse, Inland Empire

The mezzanine loan is part of an acquisition financing package collateralized by a Class A, 600,000 square foot industrial building located in Riverside, California within the Inland Empire market.

Key Points: 
  • The mezzanine loan is part of an acquisition financing package collateralized by a Class A, 600,000 square foot industrial building located in Riverside, California within the Inland Empire market.
  • View the full release here: https://www.businesswire.com/news/home/20230509005532/en/
    The property is 100% leased and serves as the headquarters for a third-party logistics provider.
  • Per NCREIF, the Inland Empire has been one of the top performing industrial markets in the country for the past five years.
  • "We believe that this is a compelling mezzanine investment opportunity based on Clarion Partners’ firsthand knowledge of the Inland Empire industrial market.

Lovett Industrial Announces the Acquisition of 13 Acres in the Inland Empire

Retrieved on: 
Thursday, September 22, 2022
Commercial Building & Real Estate, Construction & Property, REIT, Plata, Lee, Engineering, Inland Empire, Senior, Consultant, Acquisition, Growth, Tenant, City, HPA, Interstate Highway System, Associate, I-215, Multimedia, Industrial, Property management

Lovett Industrial, the Houston-based real estate investment firm, announces the acquisition of 13 acres within the Highland submarket of the Inland Empire East.

Key Points: 
  • Lovett Industrial, the Houston-based real estate investment firm, announces the acquisition of 13 acres within the Highland submarket of the Inland Empire East.
  • Lovett Industrial will develop a single 285,000-square-foot rear-load class A industrial building, which will be Lovett Industrials first project in Southern California.
  • The Inland Empire is one of the strongest industrial markets in the United States with market vacancy at 0.20% in Q2 2022 per CBREs latest quarterly market report.
  • Lovett Industrials founders have combined over 60+ years of experience in the commercial and industrial real estate sectors.

Kingsbarn Acquires Class A, 3-Story Office Building in Las Vegas, Nevada

Retrieved on: 
Friday, July 22, 2022
Acquisition, Delaware statutory trust, Investment, GLOBE, Las Vegas Beltway, Berkshire Hathaway Energy, Environmental design, Green Valley Ranch, Moody's Investors Service, Property, I-215, Internal Revenue Code section 1031, Trauma surgery, CityWest, NV Energy, Secretary of State of Nevada, Property management, Kingsbarns, Fidelity National Financial

LAS VEGAS, July 22, 2022 (GLOBE NEWSWIRE) -- Kingsbarn Realty Capital ("Company" or "Kingsbarn") announced the acquisition of a Class A, three-story office building located at 9075 West Diablo Drive in Las Vegas, Nevada (the "Property").

Key Points: 
  • LAS VEGAS, July 22, 2022 (GLOBE NEWSWIRE) -- Kingsbarn Realty Capital ("Company" or "Kingsbarn") announced the acquisition of a Class A, three-story office building located at 9075 West Diablo Drive in Las Vegas, Nevada (the "Property").
  • Formerly known as LaPour Corporate Center, Kingsbarn will rename the property CityWest Commons.
  • "CityWest is 96% leased to high-quality tenants such as The State of Nevada, Chicago Title, and NV Energy," stated Kingsbarn CEO Jeff Pori.
  • Kingsbarn offers investments is private equity, exchange traded funds, traditional investment funds, private placements, and Delaware Statutory Trusts (DSTs).

The Calida Group Expands Elysian Living Brand, Opening Five New Luxury Living Communities in Three Months

Retrieved on: 
Thursday, July 14, 2022
Elysian, Technology, Centennial, Balcony, Las Vegas Strip, Apache, Multimedia, Development, Tanning, Andy Williams' Newest Hits, Sunset, LED, I-215, Entrepreneurship, Fort Apache, Collection, Community, American Fork, BBQ, Coffee, Partnership, Hotel, Casino, Red Rock Canyon, Jose Calida

LAS VEGAS, July 14, 2022 /PRNewswire/ -- Multifamily real estate developer The Calida Group expands its Elysian Living brand in the Western U.S., with five new luxury living communities opening over the next three months. Today, Elysian Living opens its newest portfolio addition, Ely at American Fork, in Utah – marking the company's first property to open outside of Nevada. Elysian Living will also launch four additional properties in Las Vegas in the coming weeks including: Ely at Fort Apache on August 9; Elysian at Sunset on August 11; Elysian at Centennial on August 13; and Ely on Fremont in September.

Key Points: 
  • "We are proud to be expanding not only Elysian Living's portfolio of luxury living communities in Las Vegas, but also throughout the Western U.S.," said Douglas Eisner, Co-Founder and Managing Director of The Calida Group.
  • "It's an incredibly exciting time for us as we launch our first Elysian Living in Utah a new market for us.
  • We look forward to ushering in this thrilling new chapter for the Elysian Living brand," said Eric Cohen, Co-Founder and Managing Director of The Calida Group.
  • Elysian Living is a lifestyle which truly does take luxury living to a whole new level.

An Affiliate of Walton Street Acquires Infill SLC Industrial Portfolio, a 526,872 RSF Industrial Portfolio in Salt Lake City, UT

Retrieved on: 
Monday, April 18, 2022
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, Urban Planning, REIT, L.L.C, RSF, Walton Street, Salt Lake, Salt Lake City International Airport, RADIUS, I-215, Income, Multimedia, Industry, Partnership, Acquisition, Infill, Senior, Walton Street Capital, Financial services, Commercial property

(Walton Street) announced that it has acquired the SLC Infill Industrial Portfolio (Infill SLC Portfolio or the Portfolio), a portfolio of seven Class A industrial assets totaling 526,872 RSF, located in infill Salt Lake City, UT in partnership with Greenlaw Partners (Greenlaw) in two separate transactions.

Key Points: 
  • (Walton Street) announced that it has acquired the SLC Infill Industrial Portfolio (Infill SLC Portfolio or the Portfolio), a portfolio of seven Class A industrial assets totaling 526,872 RSF, located in infill Salt Lake City, UT in partnership with Greenlaw Partners (Greenlaw) in two separate transactions.
  • View the full release here: https://www.businesswire.com/news/home/20220418005453/en/
    Infill SLC Industrial Portfolio, a 526,872 RSF Industrial Portfolio in Salt Lake City, UT (Photo: Business Wire)
    The Infill SLC Portfolio is strategically located within a 13-mile radius of major interstates and freeways including I-15, I-80, I-215, SR-154, and SR-201.
  • The Portfolio is also located less than 10 miles from the Salt Lake City International Airport and proximate to two major rail yards.
  • "We are excited to further our presence in the Salt Lake City industrial market with our long-time partners at Greenlaw.

Top 10 U.S. Homebuilder Opens New Community in Lake Elsinore, California

Retrieved on: 
Thursday, November 18, 2021
BBQ, CA, Recreation, I-215, 21st Century Community Learning Centers, Community, CCS, NYSE, Hotel

LAKE ELSINORE, Calif., Nov. 18, 2021 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder, is excited to announce that its anticipated new community in Lake Elsinore, CA is now selling.

Key Points: 
  • LAKE ELSINORE, Calif., Nov. 18, 2021 /PRNewswire/ -- Century Communities, Inc. (NYSE: CCS), a top 10 national homebuilder, is excited to announce that its anticipated new community in Lake Elsinore, CA is now selling.
  • Homebuyers and real estate agents are invited to tour three fully furnished model homes at Ashland Springs, showcasing the community's versatile lineup of two-story floor plans.
  • "We're thrilled to build in such a scenic and sought-after destination," said Tom Hildebrandt, Southern California division president.
  • Community amenities include a park with a playground, a fitness station, a dog park and BBQ grills
    Convenient access to I-15 and I-215, downtown Lake Elsinore and more

Nicola Wealth Real Estate acquires another multi-tenant industrial asset to expand their real estate portfolio in the Las Vegas Market

Retrieved on: 
Tuesday, August 31, 2021
CAD, Growth, Acquisition, GLOBE, World Market Center Las Vegas, I-215, Park, Hopewell, AUM, CBRE, United States, Arville, AMPAC, Hotel, Financial services

Las Vegas, NV, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Nicola Wealth Real Estate (NWRE) has acquired the Ampac Industrial Park I & II.

Key Points: 
  • Las Vegas, NV, Aug. 31, 2021 (GLOBE NEWSWIRE) -- Nicola Wealth Real Estate (NWRE) has acquired the Ampac Industrial Park I & II.
  • This acquisition, brokered by Rebecca Perlmutter Finkel and her team at CBRE, expands NWREs growing industrial portfolio in Las Vegas and the Southwest United States.
  • We are excited to further expand our industrial presence in the Las Vegas Market, says Matthew Schaeffers, Director of Acquisitions at Nicola Wealth Real Estate.
  • To learn more about the Nicola Wealth Real Estate funds, visit realestate.nicolawealth.com
    Nicola Wealth Real Estate (NWRE) is the in-house real estate team of Nicola Wealth, a premier Canadian financial planning and investment firm with $10.7 billion (CAD) of assets under management (AUM).