Clarion Partners and EBS Realty Partners have closed on a 19-acre industrial site in Colton that is already approved for a 412K SF warehouse. The duo paid $61M for the site. Colton, like a handful of other Inland Empire cities, had a moratorium on new warehouse […]
READ MORECBRE announced the sale of a 19-acre industrial site in Colton, Calif. to Los Angeles-based real estate investment firm Clarion Partners and Orange County-based investment firm EBS Realty Partners for $61 million. CBRE’s Darla Longo, Barbara Perrier and Eric Cox represented the seller, Newport […]
READ MOREEBS and Penwood Real Estate Investment Management, LLC, through its fifth value-added investment vehicle Penwood Select Industrial Partners V, L.P., partnered on their 10th joint venture in December 2019 to entitle and develop four “Class A” buildings between 52,000 and 121,000 SF on the corner of S. Grove Avenue […]
READ MOREA new industrial project near Nellis Air Force Base landed a tenant that says it will supply luxury suites for Las Vegas’ upcoming Formula One race. Illinois-based InProduction, which provides temporary seating, staging and the like for events, leased a newly built warehouse that […]
READ MOREFormer Teva Pharmaceuticals facility was expected to fetch $50M EBS Realty Management and a Connecticut investor have bought the former manufacturing campus for Teva Pharmaceuticals Industries in Irvine for $24 million. The Newport Beach-based commercial investor and Penwood Real Estate Management bought the three […]
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