Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Overall, retail investment activity in Southern California has slowed this year compared to last year—but there investors are finding opportunities in outlying markets, like the Inland Empire. This year, $230 million in retail properties have traded hands in the market. The largest single transaction in the market is the Thomas Winery Plaza, a 99,838 square foot CVS anchored shopping center in Rancho Cucamonga, CA, which recently traded hands for $24 million. This property sat on the market for two years before trading for top dollar. Matthews Real Estate Investment ServicesEl Warner, national director and EVP, and Lindsay Tsumpes, director and AVP of the firm’s shopping center division, brokered the deal. We sat down with them to talk about the investment activity in the Inland Empire and why this deal was so significant to the market.

GlobeSt.com: What is retail investment activity been like this year in the Inland Empire? 

Kelsi Maree Borland

Kelsi Borland is a freelance writer and editor living whose work has appeared in such publications as Travel + Leisure, Angeleno and Riviera Orange County.

More from this author


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.