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Avison Young announces $2.25 million acquisition of commercial building in downtown San Bernardino, CA

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Avison Young announced today that it has completed the $2.25 million acquisition of a vacant, 18,275-square-foot (sf) commercial building located at 599 North E Street in the heart of the downtown civic center area of San Bernardino, CA. The property will be used as the headquarters and primary store for Thinkwise Credit Union (CU), a financial organization with membership open to educational employees and immediate family members, of San Bernardino, Orange and Riverside counties including colleges, universities, school districts, parochial, and charter schools.

Avison Young Principal Hayden Eaves along with Kristen Sullivan and Matt Spear who are all based out of the firm’s downtown Los Angeles office, represented the buyer, Thinkwise CU. The seller was a private investor from Orange County.

Built in 1986, the two-story, Tudor style building is situated on 1.56 acres and includes a large break room with full kitchen setup, an elevator, and new LED lighting, among other features. Thinkwise CU will be relocating 19 employees from its current 6,500-sf headquarters on Sierra Way in San Bernardino. Once upgrades to the new space are made, move-in is anticipated by year-end.

“Thinkwise CU is a very community-minded organization with a passion for our members’ financial well-being and the communities in which we serve,” said Thinkwise CU’s President and CEO, Heri “Eddie” Garcia. “This new location is ideal as it is in a great location near our core membership. It also gives us a significantly larger headquarters space as well as a branch office. Additionally, we are excited about building out a 3,800-sf community room to be used for our credit union events and local groups and organizations.”

As further testimony to its ideal location for its customers, the property is situated across the street from the San Bernardino County Schools Superintendent’s office and is just two blocks away from San Bernardino County Unified School District offices.

“In addition to its prime location, this asset was formerly used as a bank building and includes a vault and working safe deposit boxes along with other key improvements, making this a great fit,” said Eaves. “I am pleased that I have been a part of helping to make Thinkwise CU’s vision a reality over the years. This expansion solidifies its commitment to the people it serves and helps streamline its operations to maximize efficiencies.”

Adding to this latest expansion news, Thinkwise CU is opening a newly constructed, Class A, 3,000-sf branch in May 2020 at Renaissance Marketplace, located directly off the 10 freeway in Rialto. Thinkwise CU identified this market as underserved for credit unions and therefore an ideal place to offer a new branch. Avison Young’s Eaves also handled the acquisition of this site on behalf of Thinkwise CU.

 

About Thinkwise Credit Union

Originally established in 1952 to serve San Bernardino school employees, Thinkwise prides itself on its cooperative nature, devotion to the democratic process, and its desire to give back to members and community. The credit union’s membership is open to employees, and immediate family members, of San Bernardino, Orange or Riverside counties including colleges, universities, school districts, parochial, and charter schools. Thinkwise CU focuses on individualized services, providing a safe source of credit and accumulating savings, and doing so in a manner to preserve trust.

Avison Young is the world’s fastest-growing commercial real estate services firm. Headquartered in Toronto, Canada, Avison Young is a collaborative, global firm owned and operated by its Principals. Founded in 1978, with legacies dating back more than 200 years, the company comprises approximately 5,000 real estate professionals in 108 offices in 14 countries. The firm’s experts provide value-added, client-centric investment sales, leasing, advisory, management and financing services to clients across the office, retail, industrial, multi-family and hospitality sectors.

Avison Young is a 2019 winner of the Canada’s Best Managed Companies Platinum Club designation, having retained its Best Managed designation for eight consecutive years.

The Inland Empire Business Journal (IEBJ) is the official business news publication of Southern California’s Inland Empire region - covering San Bernardino & Riverside Counties.

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By Press Release

Tyler Ankrum World Wide Technology Raceway Race Preview

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Tyler Ankrum, driver of the No. 16 LiUNA! Toyota Tundra TRD Pro

Headed West … Tyler Ankrum rolls into the “Gateway to the West” as the NASCAR Craftsman Truck Series invades the St. Louis area at World Wide Technology Raceway (WWTR). As five races remain before the playoffs begin, Saturday afternoon’s contest at WWTR marks a pivotal moment for the driver of the No. 16 LiUNA! Toyota Tundra TRD Pro. Ankrum currently resides 15th in the championship standings and hopes WWTR is the gateway to his third-career playoff berth.

HRE at WWTR … The San Bernardino, Calif. driver has four appearances under his belt at the St. Louis-area 1.25-mile egg-shaped oval. Ankrum made his debut at WWTR in 2019 and scored a best finish of 12th in 2020. The No. 16 team has had a steady track record in the St. Louis region since debuting there in 2017 with Ryan Truex. The HRE squad has put up one top-five, two top-10’s, and led laps in three of the five events, which included a third-place result in 2020.

Season to Date … Through 11 of 16 regular season events, Ankrum and the No. 16 team occupy the 15th position in the championship standings, 63 markers behind the cut line. Ankrum’s season-best result came eight races ago at Circuit of the Americas and he has posted three finishes of tenth or better in the 2023 season.

Chassis Selection … Chassis No. 008 will make it’s third start of the season at World Wide Technology Raceway. This Toyota Tundra TRD Pro made its last start at Darlington Raceway, where Ankrum would run around the top-10 most of the day, settling for a 15th place finish at the track too tough to tame.

Tune In … Fox Sports 1 has complete coverage of the Toyota 200 at World Wide Technology Raceway, beginning with practice and qualifying on Friday at 6:00 pm ET (FS1), followed by the green flag on Saturday at 1:30 pm ET (FS1). Stay connected with the No. 16 LiUNA! team by following @Hattori_Racing on Twitter, @hattoriracing on Instagram, and Hattori Racing Enterprises on Facebook.

Tyler Ankrum Quote on World Wide Technology Raceway:
“Gateway is such a unique racetrack from where we’ve been racing the last month or so. It’s like a big short track with flat corners, a lot of braking, and we’ll for sure need our LiUNA! Toyota Tundra TRD Pro to turn in the center of the corners. It races similar to Phoenix, but Turns one and two are really tight while (turns) three and four are kind of wide and sweeping. Pit road is extremely narrow and how you get in and out of your box could be critical. Hopefully we can start to regain some points as we get closer to the playoffs.”

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June 15th Foster Care & Adoption Virtual Online Orientation

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Children’s Bureau is seeking foster families and now offers two virtual ways for individuals and/or couples to learn how to help children in foster care while reunifying with birth families or how to provide legal permanency by adoption.

If you or someone you know may be interested in learning more about becoming a foster or foster-adopt parent, join us on June 15th from 4:00 – 5:00 p.m. for an English online virtual orientation. To sign up, visit https://www.all4kids.org/foster-care-and-adoption-inquiry-form/ or call 661-289-4231 or 833-983-2837, or email Rfrecruitment@all4kids.org and a link to the meeting will be sent to you.

A Spanish Zoom Orientation is scheduled for 5:30 p.m. on July 20th for those who prefer Spanish.

Children’s Bureau partners with over 200 foster-adoptive families annually to help at-risk youth by giving them a home that is nearby and inclusive to their foster siblings. Lisa and Michael began their foster-adoptive journey by providing a stable home to a sibling set of three, two girls and a boy. They worked to keep the family together and have experienced a bond like no other. “If adoption is in your future, there is no need to look any further than our surrounding county. So many local children need a family. If you are wanting to “make a difference” with your life, consider adopting from foster care. You could be saving generations,” said Lisa.

In the 1940’s, Children’s Bureau opened adoption services and found homes for refugee children orphans from World War II. The agency continues to meet the needs by offering a wide array of programs in areas related to adoption such as foster care, prevention, and mental health. Children’s Bureau has multiple locations operating throughout Southern California.

“Right now, children in San Bernardino County who have experienced trauma and have been separated from their birth family need our help,” says Leslie Oropeza, Children’s Bureau Director of Foster Care and Adoption. “We are looking for families who can open their homes and hearts to these children. Families who have extra space and the willingness to keep them together. Statistics show siblings kept together in foster care and adoption do better later in life.

They heal quicker from their trauma, have better attachments, and develop healthy self-images,” she adds.

Children’s Bureau welcomes all individuals regardless of race, age, religion, disability, marital status, ethnic background, sexual orientation, gender identity or expression to become a resource for children. Qualifying families receive training and support throughout their journey. Foster Care and Adoption Programs are available in Kern, Los Angeles, Orange, San Bernardino, Riverside, and Ventura counties.

For information about Children’s Bureau and the other critical services the agency provides , visit all4kids.org. To stay connected with Family Foster Care and Adoption services, visit www.all4kids.org/foster.

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City of San Bernardino Receives SCAG Sustainability Award for Its Clean Fleet Policy

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The City of San Bernardino has received the Southern California Association of Governments (SCAG) Sustainability Award for Alternative Fuels and Infrastructure for its Zero Emission First – Clean Fleet Policy. The City was recognized at SCAG’s regional conference, held in Palm Desert. Mayor Helen Tran and Council Member Damon Alexander were on hand to receive the award.

“We are pleased and honored to be recognized by SCAG for our Clean Fleet Policy,” said San Bernardino Council Member Damon Alexander, who also sits on the SCAG Regional Council. “It not only speaks to San Bernardino’s commitment to sustainability but is a roadmap to make a difference.”

The award was one of seven sustainability awards presented by SCAG recognizing excellence and innovation to improve mobility, livability, prosperity, and sustainability. SCAG is the nation’s largest metropolitan planning organization, encompassing six counties (Imperial, Los Angeles, Orange, Riverside, San Bernardino and Ventura), 191 cities, and 19 million people in an area covering more than 38,000 square miles.

San Bernardino’s Clean Fleet Policy was unanimously adopted by the City Council on December 7, 2022. It serves as the City’s first initiative to reduce emissions from its daily operations. The policy establishes a framework for transitioning the City’s fleet from gas powered vehicles to zero to low-emission vehicles. The policy represents San Bernardino’s commitment to environmental responsibility.

The core objectives of San Bernardino’s Clean Fleet Policy include:

  • Procure new and replace existing fleet vehicles with alternative fuel vehicles, with a focus on procuring all electric vehicles.
  • Optimize the fleet size by eliminating unused or underused vehicles through review and evaluation of vehicle utilization and redundancy reports.
  • Limit the procurement of gasoline and/or diesel-powered vehicles.
  • Execute a plan to expand the network of charging stations city-wide.
  • Reduce greenhouse gas emissions and pollutants through the elimination of fossil fuel combustion.
  • Decrease costs associated with fleet vehicle operations, which can be reinvested into the community.

The Clean Fleet Policy is the first of a series of strategies and initiatives the San Bernardino intends to pursue to support the City’s efforts to achieve net zero emissions in its operations.

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