By Press Release
American Red Cross to Honor Local Heroes
First responders, canine nonprofit, school administrator, teen cancer patient among honorees at the Inland Empire Heroes Luncheon on Tuesday, February 18
RIVERSIDE, Calif. (February 12, 2020) – The American Red Cross is honoring individuals from Riverside and San Bernardino Counties for their outstanding acts of heroism, dedication and service at the organization’s Inland Empire Heroes Luncheon. The event will be held on Tuesday, February 18, from 11:30 a.m. – 1:30 p.m. at The Mission Inn Hotel & Spa and features radio and sports personality Jeff Pope as master of ceremonies.
“We are so proud to recognize ordinary people with extraordinary courage from across the Inland Empire that are saving lives and creating safer communities,” says Lois Beckman, Executive Director of the American Red Cross of Riverside County. “Attendees will be introduced to unsung heroes, such as a teen with brain cancer helping fellow hospital patients, a local school administrator who used CPR to save her colleague’s life, a nonprofit placing service dogs with veterans and so many others.”
An independent committee of leaders in the business and civic community chose heroes in eight categories. The 2020 Inland Empire Heroes Luncheon honorees include the following class of local standouts.
Animal Welfare Hero: Fire Captain Tyler Reynolds, City of Riverside Fire Department Riverside County
Fire Captain Tyler Reynolds was instrumental in establishing the Horse & Animal Rescue Team (HART) in Riverside County after he saw the need for a trained team to respond to large-animal technical rescues. With partners, Captain Reynolds created, funded and implemented the innovative HART program, which provides rescue services to protect the welfare of the horse population in Riverside County.
Corporate Hero: Arrowhead Mountain Spring Water Riverside County
Arrowhead® Brand Mountain Spring Water, one of Nestlé Waters North America’s regional spring water brands, has been a longtime partner of the American Red Cross. Arrowhead supports the mission of the Red Cross through generous financial and in-kind donations, hosting blood drives and volunteering at Sound the Alarm events. Arrowhead employees are champions of the Red Cross and are committed to helping people when they need it most.
Disaster Services Hero: Alexander Tardy, National Weather Service Riverside & San Bernardino Counties
Alexander Tardy, a meteorologist with the National Weather Service (NWS), plays a critical role in ensuring that the Red Cross and other community organizations and first responder agencies are ready for disasters and weather emergencies in Riverside and San Bernardino Counties. The resources and services provided by NWS and the education and community outreach provided by Alexander Tardy helps the Red Cross and community partners prepare for and respond to disasters big and small.
First Responder Hero: Deputy Destiny Derryberry San Bernardino County
On the morning of March 30, 2019, San Bernardino County Sheriff’s Department Deputy Destiny Derryberry responded to call from a family in Big Bear Lake. When she arrived on scene, Deputy Derryberry found a man without a pulse thinking he was beyond saving, family members had stopped administering CPR. Deputy Derryberry determined there was still hope and began chest compressions.Later, fire personnel thanked Deputy Derryberry for her efforts, crediting her quick response as being instrumental in saving the man’s life.
Gift of Life Hero: William “Bill” Reines Riverside County
Platelets have a brief shelf life of just five days, making committed platelet donors vital to fulfilling the Red Cross mission. William “Bill” Reines started donating platelets in 1987. He regularly commutes across county lines from his home in Corona to the Red Cross Santa Ana Blood Donation Center to donate. Bill has donated more than 417 units of platelets, helping to make a lifesaving difference in the lives of thousands of hospital patients.
Good Samaritan Hero: Kristin Kraus San Bernardino County
When SOAR Charter Academy administrator Kristin Kraus took a Red Cross CPR/AED/First Aid training class, she had no idea her lifesaving skills would soon be put the test. One day, Kristin was alerted that a teacher’s aide had lost consciousness. She jumped into action, rendering CPR and AED aid until first responders arrived. Kristin’s actions helped to save her colleague’s life. In recognition of her efforts, Kristin has also received a Lifesaving Award from American Red Cross Training Services.
Service to the Armed Forces Hero: Canine Support Teams, Inc. Riverside County
For more than 30 years, Canine Support Teams, Inc. (CST) has served the community by training and placing service dogs with clients with disabilities and, most recently, with veterans. Since its inception, CST has placed hundreds of assistance dogs with people in need. In 2012, CST launched PAWZ for Wounded Veterans, providing service dogs and specially-trained PTSD service dogs to support veterans with disabilities.
Youth Hero: Lezdy Rodriguez San Bernardino County
Two years ago, Lezdy Rodriguez was diagnosed with inoperable brain cancer. Although many would be disheartened by this news, Lezdy has committed his time to helping other kids undergoing cancer treatment. Lezdy started the Snak Pak Foundation, a nonprofit organization dedicated to bringing joy to cancer patients at the Loma Linda Children’s Hospital. By sharing his passion for art with children who face the same life-threatening conditions he does, Lezdy hopes to show them that they are not alone.
In addition to the inspiring heroes being honored at the event, 25-year-old Albert Madrid will be posthumously honored with the Spirit of Hope Award. Albert tragically lost his life in 2019, saving two young children from a mobile home fire in Highland.
The Inland Empire Heroes Luncheon is made possible thanks to the generosity of sponsors, including: Presenting Sponsors Babcock Laboratories and Sysco Riverside; Disaster Relief Sponsors IAPMO, J.J. Roofing and Raising Cane’s; Community Preparedness Sponsors Altura Credit Union, High Desert Association of Realtors, Hope Reigns Foundation, Inland Empire Business Journal, Modern Woodmen, Opus Bank and Pechanga Band of Luiseño Indians along with other local sponsors.
“The support of our sponsors enables us to honor individuals making a difference in our communities, as well as raise funds for vital Red Cross services across the Inland Empire,” says Yevette Baysinger, Executive Director of the American Red Cross of San Bernardino County.
For more information about the Inland Empire Heroes Luncheon, please visit redcross.org/ieheroes.
About the American Red Cross Desert to the Sea Region
The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies about 40 percent of the nation’s blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission. The American Red Cross Desert to the Sea Region has proudly served Orange, Riverside and San Bernardino Counties for more than 100 years. For more information, please visit redcross.org/dts or cruzrojaamericana.org, or visit us on Twitter or Facebook.
By Press Release
Stockbridge Acquires 540,478 SF Inland Empire Industrial Portfolio for $142MM
San Francisco based Stockbridge acquires 100% leased assets in premier IE West location
Cushman & Wakefield’s EDSF also sources acquisition financing for transaction
Cushman & Wakefield announced the firm has arranged the sale of a core industrial portfolio totaling 540,478 square feet in Southern California’s premier Inland Empire West (IEW) submarket. The portfolio consists of two freestanding Class A buildings located a few miles apart at 3351 E Philadelphia St and 4450 E Lowell St in the city of Ontario. The buildings are 100% leased to prominent tenants in the distribution and retail industries.
San Francisco based Stockbridge acquired the two-property portfolio from Principal Asset ManagementSM a global financial and investment management firm. The portfolio sold for $142.25 million.
Jeff Chiate, Jeffrey Cole, Rick Ellison, and Matt Leupold of Cushman & Wakefield’s National Industrial Advisory Group—West represented the seller in the transaction. The firm’s Phil Lombardo, Chuck Belden and Andrew Starnes also provided leasing advisory.
Additionally, a Cushman & Wakefield Equity, Debt & Structured Finance (EDSF) team of Rob Rubano, Brian Share, Joseph Lieske, Max Schafer, and Becca Tse collaborated in sourcing acquisition financing for the transaction.
“Stockbridge has acquired an institutional-quality industrial portfolio with a phenomenal infill location combined with strong tenancy and premium distribution features and functionality. Both properties have maintained a historical occupancy of 100% for nearly a decade speaking to the tenant demand for industrial buildings of this quality and location,” said Jeff Chiate, Executive Vice Chair. “Additionally, with current rents below market rate, the buyer has a compelling mark-to market opportunity along with existing durable cash flow, providing a variety of value-add strategies.”
The properties offer convenient access to Southern California’s robust freeway network and other vital nodes of transit such as Ontario International Airport, the Los Angeles & Long Beach Ports, and LAX International Airport (60 miles). Access to a deep labor pool and robust consumer population also makes the region a superior industrial location.
According to Cushman & Wakefield’s latest industrial market report, the Inland Empire West submarket had a vacancy rate of 5.4% in Q1 2024, representing the tightest submarket in the broader Inland Empire market. Additionally, IEW achieved nearly 1 million square feet of positive net absorption (occupancy growth) in the first quarter of 2024.
By Press Release
Stater Bros. Charities and Reyes Coca-Cola Bottling Give Back to Military Families
Stater Bros. Charities, the philanthropic arm of Stater Bros. Markets, partnered with Reyes Coca-Cola Bottling again this year for their Give Back program during National Military Appreciation Month. The program ran for the entire month of May, during which Reyes Coca-Cola Bottling committed to donating $0.25 per eligible product purchased to the Bob Hope USO. Reyes Coca-Cola Bottling donated $15,000, and Stater Bros. Charities matched their donation for a total contribution of $30,000.
A check presentation occurred during a K-EARTH 101 radiothon benefiting the Bob Hope USO. The radiothon took place at the Bob Hope USO at LAX (Los Angeles International Airport) on June 29, 2023, where Stater Bros. Charities and Reyes Coca-Cola Bottling presented Bob Hope USO with a $30,000 check.
Bob Hope USO’s mission is to strengthen America’s military service members by keeping them connected to family, home and country, throughout their service to the nation. The Give Back program is a unique opportunity to show gratitude and support to the brave men and women who risk their lives for our freedoms and to care for their families while they are away from home on deployment.
“Stater Bros. Markets has a long history of supporting veterans, service members, and their families,” said Danielle Oehlman, Director, Stater Bros. Charities. “We are so pleased to partner with our friends at Reyes Coca-Cola Bottling and the USO to give back to those who have given so much for us.”
Lorin Stewart, President, USO West Region, said, “We are deeply grateful to Stater Bros. Charities and Reyes Coca-Cola Bottling for being sustaining partners of the USO. The Give Back program embodies the essence of the USO mission by enabling the community at large to come together to support and give thanks to our armed forces and their brave military families in an impactful way.”
Funds will support the Bob Hope USO and USO San Diego Center operations, including programs and services that strengthen the social, mental, physical, and emotional well-being of local military service members, their families, and their communities.
By Press Release
BDK Logistics Intelligence Fully Leases 114,190 SF Industrial Facility in Corona, CA
Cushman & Wakefield represents landlord in lease in SoCal’s Inland Empire
Cushman & Wakefield announced that BDK Logistics Intelligence, Inc. has signed a lease for an entire 114,190-square-foot industrial facility at 1161 Olympic Drive in Corona, California. Situated in Southern California’s renowned Inland Empire, the building is owned by Monterey Rancho Mirage, LLC, which was represented by Brett Lockwood and Rick Ellison of Cushman & Wakefield in the transaction.
“We are pleased to welcome BDK to the property as a quality industrial tenant that is expanding its presence in the market, which it also currently occupies multiple warehouse facilities,” said Director Brett Lockwood. “Our client was instrumental in helping this deal transact as there were many variables that needed to be navigated which led to this lease coming together quickly and successfully.”
1161 Olympic Drive is a quality freestanding building situated on ±4.8 acres and features 20 dock high loading doors. The property is conveniently located off Interstate 15 near the confluence of SR 91 and is proximate to the extensive freeway network traversing the entire Greater Los Angeles region and into other major markets in and out of state.
According to Cushman & Wakefield’s latest Q2-2023 quarterly report, the Inland Empire industrial market posted an overall vacancy of 3.4% and has recorded more than 2.7 million square feet of positive net absorption through the first half of 2023.
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