Advertisement
YOU ARE HERE: LAT HomeCollectionsReal Estate Industry Riverside County
IN THE NEWS

Real Estate Industry Riverside County

FEATURED ARTICLES
NEWS
December 8, 1991 | DAVID WILLMAN and JEFFREY A. PERLMAN, TIMES STAFF WRITERS
They've formed a financial backbone for California's suburban sprawl--helping for nearly a decade to buy new streets, schools, fire stations and libraries in dozens of emerging communities. Called Mello-Roos revenue bonds, they've been a $3.4-billion boon for local governments and developers, whose ability to pay for expansion was otherwise constrained by California's anti-tax revolt.
ARTICLES BY DATE
BUSINESS
December 12, 2000 | Daryl Strickland
Ingram Micro Inc. in Santa Ana, the largest computer products distributor, has agreed to a $31-million, 10-year lease in Riverside County for what will be its largest distribution center. The deal for an 800,000-square-foot facility, to be built in Mira Loma and leased from Pacific Newport Properties in Irvine, is believed to be one of the largest ever completed in Riverside County.
Advertisement
BUSINESS
August 11, 1989 | Michael Flagg, Times staff writer
Burke Commercial Real Estate, Orange, reported revenue of $350 million for its 1989 fiscal year. The real estate brokerage increased its number of transactions by 20% this year, the company said. Burke operates in Orange and Riverside counties. The firm handled the second-largest transaction in its 20-year history this year, the $19.7-million sale of State College Park business center in Anaheim. The property was bought by Burke clients Hutton Development Co. and Japanese investor Tobishima Co.
BUSINESS
December 24, 1997 | BOB HOWARD, SPECIAL TO THE TIMES
"Just-in-time" delivery often starts in the Inland Empire, where the latest technology is being installed in some of the biggest warehouses in the country, creating a distribution hub with few rivals. More than 88 million square feet of new industrial space has been built in the last 10 years in the two-county region to the east of Los Angeles County, much of it in warehouses of several hundred thousand square feet or more.
BUSINESS
May 2, 1990 | JOHN O'DELL, TIMES STAFF WRITER
Pumped up by a slew of buyer incentive plans offered by builders, new-home sales in Riverside County rose during the first quarter to reverse the downward slide of the previous three quarters, a regional real estate research firm said Tuesday. During the first three-month period of 1990, 3,409 new homes were sold in the county, up 16.4% from 2,930 sales in the fourth quarter of 1989, the Meyers Group reported.
NEWS
May 15, 1989 | GREGORY CROUCH, Times Staff Writer and
John L. Molinaro had never set foot inside a financial institution except as a customer until the day he and a partner bought Ramona Savings & Loan. The Santa Ana resident had no college degree, and his only business experience was as a carpet salesman. "I had no experience at all . . . in connection with the running and directing of a savings and loan association," Molinaro acknowledged in a court deposition years later. Nevertheless, Molinaro and real estate developer Donald P. Mangano won swift approval from regulatory agencies in April, 1984, for their $4-million purchase of Orange-based Ramona and its $55 million in assets.
BUSINESS
January 5, 1990
When Union Pacific Corp. put its massive landholdings up for sale, Koll Co. wasn't the only local developer that went shopping. (In the largest deal in its history, Koll bought a half-billion dollars worth of land and buildings from the railroad recently.) SDC Development, a much smaller neighbor of Koll's in Newport Beach, paid Union Pacific $16 million for an industrial park called Mira Loma Industrial Center in Riverside County.
BUSINESS
May 31, 1990 | MICHAEL FLAGG, TIMES STAFF WRITER
The Koll Co. and a Japanese partner have bought nearly 300 acres in Riverside County from Union Pacific Corp., and the Orange County developer said Wednesday it is negotiating to buy still more property from the railroad holding company. Koll and Ohbayashi America Corp., whose parent is one of the largest contractors in the world, paid $32 million for 297 acres in the unincorporated Mira Loma area at the northwestern tip of Riverside County.
BUSINESS
August 3, 1989 | Mary Ann Galante, Times staff writer
Two Orange County investors have paid $2.87 million for the Riverside Auto Center in Riverside, according to Sperry Van Ness, a real estate brokerage firm. The investors are Mark Van Ness of Newport Beach and Dr. Ron Barlow of Irvine. Mark Van Ness is managing director of Sperry Van Ness, a Newport Beach-based partnership. The 10-year-old, multi-use center was sold by Tom Tucker and Bill Garwin, both of Newport Beach. The new owners do not plan to change the center's operation.
NEWS
April 22, 1990 | TED JOHNSON, TIMES STAFF WRITER
Besides a dozen or so large ranch houses and a few scattered neighborhoods, south Corona is a land of tree farms, lemon and orange groves and well-weathered roads. But within the next 20 years, city officials say, it will be the site of Corona's newest planned communities, with a total of up to 12,500 homes stretching south into the lower Santa Ana foothills.
NEWS
December 8, 1991 | DAVID WILLMAN and JEFFREY A. PERLMAN, TIMES STAFF WRITERS
They've formed a financial backbone for California's suburban sprawl--helping for nearly a decade to buy new streets, schools, fire stations and libraries in dozens of emerging communities. Called Mello-Roos revenue bonds, they've been a $3.4-billion boon for local governments and developers, whose ability to pay for expansion was otherwise constrained by California's anti-tax revolt.
BUSINESS
May 31, 1990 | MICHAEL FLAGG, TIMES STAFF WRITER
The Koll Co. and a Japanese partner have bought nearly 300 acres in Riverside County from Union Pacific Corp., and the Orange County developer said Wednesday it is negotiating to buy still more property from the railroad holding company. Koll and Ohbayashi America Corp., whose parent is one of the largest contractors in the world, paid $32 million for 297 acres in the unincorporated Mira Loma area at the northwestern tip of Riverside County.
BUSINESS
May 2, 1990 | JOHN O'DELL, TIMES STAFF WRITER
Pumped up by a slew of buyer incentive plans offered by builders, new-home sales in Riverside County rose during the first quarter to reverse the downward slide of the previous three quarters, a regional real estate research firm said Tuesday. During the first three-month period of 1990, 3,409 new homes were sold in the county, up 16.4% from 2,930 sales in the fourth quarter of 1989, the Meyers Group reported.
NEWS
April 22, 1990 | TED JOHNSON, TIMES STAFF WRITER
Besides a dozen or so large ranch houses and a few scattered neighborhoods, south Corona is a land of tree farms, lemon and orange groves and well-weathered roads. But within the next 20 years, city officials say, it will be the site of Corona's newest planned communities, with a total of up to 12,500 homes stretching south into the lower Santa Ana foothills.
BUSINESS
January 19, 1990 | JOHN O'DELL, TIMES STAFF WRITER
Westamerica Inc., a publicly owned residential development company, said Thursday that it is negotiating to sell two vacant subdivisions in Riverside County in a deal worth $12 million to $14 million. The prospective buyer is Griffin Homes, a privately held developer headquartered in Calabasas, according to a report Westamerica filed with the Securities and Exchange Commission. Officials at Griffin could not be reached for comment.
BUSINESS
January 5, 1990
When Union Pacific Corp. put its massive landholdings up for sale, Koll Co. wasn't the only local developer that went shopping. (In the largest deal in its history, Koll bought a half-billion dollars worth of land and buildings from the railroad recently.) SDC Development, a much smaller neighbor of Koll's in Newport Beach, paid Union Pacific $16 million for an industrial park called Mira Loma Industrial Center in Riverside County.
BUSINESS
January 19, 1990 | JOHN O'DELL, TIMES STAFF WRITER
Westamerica Inc., a publicly owned residential development company, said Thursday that it is negotiating to sell two vacant subdivisions in Riverside County in a deal worth $12 million to $14 million. The prospective buyer is Griffin Homes, a privately held developer headquartered in Calabasas, according to a report Westamerica filed with the Securities and Exchange Commission. Officials at Griffin could not be reached for comment.
BUSINESS
December 24, 1997 | BOB HOWARD, SPECIAL TO THE TIMES
"Just-in-time" delivery often starts in the Inland Empire, where the latest technology is being installed in some of the biggest warehouses in the country, creating a distribution hub with few rivals. More than 88 million square feet of new industrial space has been built in the last 10 years in the two-county region to the east of Los Angeles County, much of it in warehouses of several hundred thousand square feet or more.
BUSINESS
August 11, 1989 | Michael Flagg, Times staff writer
Burke Commercial Real Estate, Orange, reported revenue of $350 million for its 1989 fiscal year. The real estate brokerage increased its number of transactions by 20% this year, the company said. Burke operates in Orange and Riverside counties. The firm handled the second-largest transaction in its 20-year history this year, the $19.7-million sale of State College Park business center in Anaheim. The property was bought by Burke clients Hutton Development Co. and Japanese investor Tobishima Co.
BUSINESS
August 3, 1989 | Mary Ann Galante, Times staff writer
Two Orange County investors have paid $2.87 million for the Riverside Auto Center in Riverside, according to Sperry Van Ness, a real estate brokerage firm. The investors are Mark Van Ness of Newport Beach and Dr. Ron Barlow of Irvine. Mark Van Ness is managing director of Sperry Van Ness, a Newport Beach-based partnership. The 10-year-old, multi-use center was sold by Tom Tucker and Bill Garwin, both of Newport Beach. The new owners do not plan to change the center's operation.
Los Angeles Times Articles
|