INLAND EMPIRE. Completed Leases and Sales. March Nicholas Chang, CCIM, SIOR Cal DRE Lic.
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1 ILAD EMPIRE ompleted Leases and Sales March 2019 icholas hang, IM, SIOR al DRE Lic. # Richard Lee, SIOR al DRE Lic. # Justin Kuehn al DRE Lic. #
2 ompleted Leases, March 2019 Arrow Route Distribution enter Arrow Rte. Rancho ucamonga, A Meridian Disrtribution enter II Opportunity Way, A Rancho ucamonga Distribution enter Arrow Rte. Rancho ucamonga, A Dahlia Street Fontana, A Market/Submarket: West Rent PSF: $0.49 Rent Type: harges: $0.15 Lease SF: 611,573 Office SF: 10,000 uilding SF: 611,573 Year uilt: 2019 Term: 63 Free Rent: 3 $4.00 PSF DH: 108 GL: 4 0 Height: 36 omment: - Market/Submarket: East Rent PSF: $0.44 Rent Type: harges: $0.13 Lease SF: 503,592 Office SF: 7,288 uilding SF: 503,592 Year uilt: 2018 Term: 63 Free Rent: 3 $3.00 PSF DH: 88 0 Height: 36 omment: - Market/Submarket: West Rent PSF: $0.51 Rent Type: harges: $0.11 Lease SF: 418,265 Office SF: 9,108 uilding SF: 418,265 Year uilt: 2000 Term: 84 Free Rent: 3 - DH: 83 GL: 4 Amps: 8000 Height: 30 Multi-Tenant: omment: TI's: paint and carpet the existing office Market/Submarket: West Rent PSF: $0.52 Rent Type: harges: - Lease SF: 278,560 Office SF: 6,000 uilding SF: 278,560 Year uilt: 1989 Term: 63 Free Rent: 3 $1.00 PSF DH: 59 GL: 4 Amps: 2000 Height: 30 Multi-Tenant:
3 ompleted Leases, March 2019 Live Oak Distribution enter Jurupa Avenue Fontana, A usiness Parkway Suite 2029 Ontario, A Placentia ourt hino, A Auto enter Drive Ontario, A Market/Submarket: West Rent PSF: $0.59 Rent Type: harges: $0.16 Lease SF: 158,119 Office SF: 4,286 uilding SF: 158,119 Year uilt: 2019 Term: 63 Free Rent: 3 $0.00 DH: 23 GL: 1 Amps: 200 Height: 32 Multi-Tenant: Market/Submarket: West Rent PSF: $0.69 AM: $0.02 harges: - Lease SF: 61,954 Office SF: 5,500 uilding SF: 111,954 Year uilt: 1990 Term: 36 Free Rent: 0 $0.00 DH: 5 GL: 1 Y Market/Submarket: West Rent PSF: $0.85 AM: $0.01 harges: - Lease SF: 60,374 Office SF: 7,808 uilding SF: 60,374 Year uilt: 1986 Term: 61 Free Rent: 1 - DH: 11 GL: 1 Amps: 1200 omments: TI's: Replace carpet and 30 day warranty on all systems Market/Submarket: West Rent PSF: $0.80 harges: - Lease SF: 48,164 Office SF: 4,165 uilding SF: 48,164 Year uilt: 1999 Term: 60 Free Rent: 2 - DH: 6 Amps: 1600 omments: am included in lease rate (approx $0.05); Months 13 and 25 free; delivered with new carpet and office paint. Renovated 2018
4 ompleted Leases, March 2019 Kimball usiness Park 8655 Enterprise Way, ldg. 6 hino, A orporate usiness enter usiness enter Drive Redlands, A Freeway usiness enter 491 Kettering Drive Ontario, A Safari usiness enter 2060 Francis Street, Suite 1 Ontario, A Market/Submarket: West Rent PSF: $0.71 Rent Type: harges: $0.16 Lease SF: 46,696 Office SF: 3,165 uilding SF: 46,696 Year uilt: 2018 Term: 86 Free Rent: 2 $1.00 PSF DH: 5 GL: 1 Amps: 1000 Height: 30 Multi-Tenant: omments: ase building includes 3,165 SF of Office space, LED Warehouse Lighting and ESFR Sprinkler System Market/Submarket: West Rent PSF: $0.72 harges: - Lease SF: 36,313 Office SF: 3,000 uilding SF: 36,313 Year uilt: 2000 Term: 60 Free Rent: 2 - DH: 2 GL: 4 Height: 28 Market/Submarket: West Rent PSF: $0.78 AM: $0.02 harges: - Lease SF: 35,301 Office SF: 2,500 uilding SF: 35,301 Year uilt: 1988 Term: 61 Free Rent: 1 - DH: 3 GL: 3 Amps: 1600 omments: 1 Mo Free rent (Mo 12); paint and carpet Market/Submarket: West Rent PSF: $0.83 Rent Type: MG AM: $0.06 harges: - Lease SF: 25,747 Office SF: 4,275 uilding SF: 51,943 Year uilt: 1995 Term: 37 Free Rent: 1 As is DH: 2 Multi-Tenant: Y Y Options: one
5 ompleted Leases, March 2019 Rincon usiness enter 525 Malloy ourt, ldg. 2 orona, A White Oak usiness enter 8740 White Oak Avenue Rancho ucamonga, A Dupont usiness enter 4051 Santa Ana Street, Suite Ontario, A Redlands usiness Park 1351 Park Avenue, Suite 104 Redlands, A Market/Submarket: East Rent PSF: $0.96 harges: - Lease SF: 23,796 Office SF: 2,567 uilding SF: 23,796 Year uilt: 2019 Term: 61 Free Rent: 0.5 $0.00 DH: 2 Amps: 1600 Height: 28 Market/Submarket: West Rent PSF: $0.80 AM: $0.06 harges: - Lease SF: 19,384 Office SF: 2,322 uilding SF: 19,384 Year uilt: 1999 Term: 65 Free Rent: 2 one DH: 2 Height: 22 Multi-Tenant: omments: Free Rent: 2 months (4 months 1/2 rent) Market/Submarket: West Rent PSF: $0.87 AM: $0.06 harges: - Lease SF: 15,090 Office SF: 850 uilding SF: 62,000 Year uilt: 2001 Term: 36 Free Rent: DH: 2 GL: 1 Height: 26 Y Market/Submarket: East Rent PSF: $0.75 Rent Type: MG AM: $0.05 harges: - Lease SF: 13,489 Office SF: 750 uilding SF: 83,451 Year uilt: 2007 Term: 37 Free Rent: 1 As-Is DH: 1 GL: 1 Multi-Tenant: Y Y
6 ompleted Leases, March 2019 ampus usiness enter 1455 S ampus Avenue Ontario, A Schaefer usiness Park 3969 Schaefer Avenue hino, A Orange Way Fontana, A Market/Submarket: West Rent PSF: $0.90 harges: - Lease SF: 11,457 Office SF: 844 uilding SF: 44,927 Year uilt: 2005 Term: 36 Free Rent: 0 $0.00 DH: 1 Amps: 200 Multi-Tenant: Y Y Market/Submarket: West Rent PSF: $1.10 harges: - Lease SF: 6,900 Office SF: 1,600 uilding SF: 6,900 Year uilt: 2004 Term: 36 Free Rent: 1 - DH: 0 Height: 16 Market/Submarket: West Rent PSF: $1.55 harges: - Lease SF: 2,880 Office SF: - uilding SF: 2,880 Year uilt: - Term: 12 Free Rent: 1 - DH: - GL: 3 Amps: - Height: - Sprinklers: Options: 1 (2) year option Rent Adjustments: - omments: "2,880 Sf on.67 A - 2 Months 1/2 rent (1 mo free)"
7 ompleted Sales, March alifornia Ave. orona, A Sharon ir. Rancho ucamonga, A Summit Dr. athedral ity, A lassic Pacific usiness Park 1794 Illinois Ave. Menifee, A Sale Date: 3/12/2019 Sale Date: 3/1/2019 Sale Date: 3/5/2019 Sale Date: 3/4/2019 Sale Price: $12,400,000 Sale Price: $5,750,000 Sale Price: $3,250,000 Sale Price: $2,950,000 uilding SF: 89,819 uilding SF: 33,821 uilding SF: 6,039 uilding SF: 24,148 Land Area (Acres): 4.96 Land Area (Acres): 1.4 Land Area (Acres): 0.36 Land Area (Acres): 1.37
8 ompleted Sales, March ox Springs lvd.. A Valencia Ave. Fontana, A ypress Ave. Fontana, A S Arrowhead Ave., A Sale Date: 3/19/2019 Sale Date: 3/15/2019 Sale Date: 3/8/2019 Sale Date: 3/15/2019 Sale Price: $2,900,000 Sale Price: $2,790,000 Sale Price: $2,508,500 Sale Price: $2,300,000 uilding SF: 20,000 uilding SF: 17,034 uilding SF: 6,000 uilding SF: 15,026 Land Area (Acres): 2.24 Land Area (Acres): 1.2 Land Area (Acres): 3.2 Land Area (Acres): 2.85
9 ompleted Sales, March Summit Dr. athedral ity, A Rialto usiness Pk S Lilac Ave Rialto, A Malbert St. Perris, A Lemon St. Hesperia, A Sale Date: 3/1/2019 Sale Date: 3/18/2019 Sale Date: 3/20/2019 Sale Date: 3/1/2019 Sale Price: $2,200,000 Sale Price: $2,000,000 Sale Price: $2,000,000 Sale Price: $1,650,000 uilding SF: 6,039 uilding SF: 17,060 uilding SF: 10,000 uilding SF: 27,809 Land Area (Acres): 0.36 Land Area (Acres): 0.85 Land Area (Acres): 0.63 Land Area (Acres): 1.53
10 ompleted Sales, March 2019 Airport usiness Park 6650 Doolittle Ave., A Palm Desert usiness Park Dinah Shore Dr. Palm Desert, A ajon lvd., A onanza Industrial Park onanza Rd. Victorville, A Sale Date: 3/28/2019 Sale Date: 3/14/2019 Sale Date: 3/11/2019 Sale Date: 3/7/2019 Sale Price: $1,650,000 Sale Price: $1,575,000 Sale Price: $1,500,000 Sale Price: $1,220,000 uilding SF: 11,294 uilding SF: 5,127 uilding SF: 3,100 uilding SF: 8,226 Land Area (Acres): 0.52 Land Area (Acres): 1.81 Land Area (Acres): 1.59 Land Area (Acres): 0.53
11 ompleted Sales, March 2019 Sears enter 595 S G St., A Sale Date: 3/6/2019 Sale Price: $1,089,000 uilding SF: 19,074 Land Area (Acres): Poe St. Lake Elsinore, A Sale Date: 3/25/2019 Sale Price: $575,000 uilding SF: 2,327 Land Area (Acres): 0.2
12 Downtown Los Angeles 601 S. Figueroa St., Suite 3825 Los Angeles, A Encino- HQ Ventura lvd., Suite 320 Encino, A Haven Ave., Suite 400 Ontario, A Orange ounty 1920 Main St., Suite 100 Irvine, A Palm Desert Gerald Ford Dr., Suite 200 Palm Desert, A Pasadena 225 S. Lake Ave., Suite 1170 Pasadena, A San Gabriel Valley East E. opley Dr., Suite 320 Diamond ar, A Valencia Avenue Stanford, Suite 165 Valencia, A Simi Valley 2655 First Street, Suite 250 Simi Valley, A South ay 970 W. 190th St. Dr., Suite 100 Torrance, A Temecula Valley Jefferson Ave., Suite 330 Temecula, A Ventura ounty 300 Esplanade Dr., Suite 1660 Oxnard, A Victorville Park Avenue, Suite 206 Victorville, A West Los Angeles W. Olympic lvd., Suite 700E Los Angeles, A Westlake Village 2555 Townsgate Road, Suite 320 Westlake Village, A AI apital Property Management 120 1/2 South El amino Real, Suite 210 San lemente, A Ventura ounty Westlake Village ALIFORIA SFV HQ Downtown Los Angeles Orange ounty Pasadena San Gabriel Valley East Simi Valley South ay West Los Angeles LA orth Victorville Palm Desert Temecula Valley icholas hang, IM, SIOR nchang@naicapital.com al DRE Lic. # Richard Lee, SIOR rlee@naicapital.com al DRE Lic. # Justin Kuehn jkuehn@naicapital.com al DRE Lic. # Haven Ave., Suite 400 Ontario, alifornia o warranty, express or implied, is made as to the accuracy of the information contained herein. This information is submitted subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, and is subject to any special listing conditions imposed by our principals. ooperating brokers, buyers, tenants and other parties who receive this document should not rely on it, but should use it as a starting point of analysis, and should independently confirm the accuracy of the information contained herein through a due diligence review of the books, records, files and documents that constitute reliable sources of the information described herein. Logos are for identification purposes only and September be trademarks of their respective companies. AI apital, Inc. al DRE Lic. #
INLAND EMPIRE. Completed Leases and Sales. December Nicholas Chang, CCIM, SIOR. Richard Lee, SIOR. Justin Kuehn
ILAD EMPIRE Completed Leases and Sales December 2018 icholas Chang, CCIM, SIOR Richard Lee, SIOR Justin Kuehn Cal DRE Lic. #01344844 Cal DRE Lic. #01757870 Cal DRE Lic. #01966182 909.243.7614 nchang@naicapital.com
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