Hopkins Plans Two Inland Retail Centers

MIRA LOMA, CA-Hopkins Real Estate Group plans two new retail centers in the Inland Empire, one of them a 360,000-sf community center in Mira Loma and the other a 260,000-sf center in Menifee Valley. The company recently closed escrow on two land parcels totaling 40 acres where it will build the Mira Loma center and is preparing to close escrow on 28 acres in Menifee Valley for the other development. The Mira Loma center will be situated on the southeast corner of Limonite Avenue and Interstate 15. The Menifee Valley project will be at the northeast corner of McCall Avenue and Interstate 215 and will be called Menifee Valley Crossings.Brian Hopkins, VP and director of development at Hopkins Real Estate, tells GlobeSt.com that the company anticipates breaking ground on both of the projects in the fall of this year. The firm is in heavy negotiations with prospective tenants on both developments, among them home improvement and supermarket companies, soft goods and general merchandise retailers, including a number of national firms.The Mira Loma center, which Hopkins is developing with San Francisco-based Rockwood Capital, will be HREG's second project with Rockwood, which is also Hopkins' partner in an upscale neighborhood shopping center on 10 acres at Talega near San Clemente. The Mira Loma center will serve residents of the new Eastvale Community, Mira Loma, Ontario, Norco and parts of Corona.The two new Inland centers will add to a Hopkins roster of projects under development that include retail centers in Carson, Santa Clarita, Corona, Redlands, La Habra, Palmdale, Whittier and Fontana.