X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

MORENO VALLEY, CA—Bridge Investment Group has acquired the Reserve at Rancho Belago for $30.1 million from Bristol Brokerage Co. Looking to expand its portfolio to the Inland Empire, the buyer plans to implement a value-add strategy by performing renovations and upgrades to the property, which is located at 15100 Moreno Beach Drive in Moreno Valley. Senior directors Margie Molloy and Spencer Scott of Berkadia represented the seller in the transaction.

GlobeSt

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.