By Press Release
County prepares for the storms ahead
With more rain on the way this weekend and even more next week, County Public Works crews have been busy in the mountains and elsewhere in the county cleaning up from this morning’s rain and preparing flood control facilities for the storms ahead both in the mountains and in recently burned areas.
After having cleared a path through all 500-plus miles of County roads in a little over a week, crews this week have widened nearly every one of those roads to two lanes while also ensuring 150 high-priority culverts were clear. That was not an easy task considering many were hidden by massive snow berms. Crews relied on GIS technology and old photos to find many of the culverts. Public Works teams also cleared out debris basins and made sure channels and other waterways were clear.
County Public Works coordinated with the Rim of the World School District to improve access to bus stops and clear bus routes so mountain schools can return to normal operations. Crews also plowed Rim of the World High School parking lots for students and staff when they return.
Public Works upgraded its GIS map to a Snow Road Widened Status Dashboard so the public can get daily updates on which County and non-County maintained roads have been widened. Also included in the dashboard are resources to find food and supply distribution centers, shelter, and more.
See all of today’s highlights in our daily storm recovery video.
Residents are urged to be prepared and make sure they are signed up for emergency notifications and also download the SB Ready app. Residents can do both on the San Bernardino County Fire Protection District website.
Mountain residents urged to report property damage
Damage estimates are the strongest tool local communities have in convincing state and federal agencies to provide relief. That’s why the County is encouraging mountain property owners to use an online property damage reporting tool developed by the County Fire District to report moderate to major damage to residential and commercial buildings caused by the winter storms.
The information reported by property owners will be part of the total damage estimate provided to the state, which will then decide whether to seek aid from federal agencies such as FEMA.
Property owners seeking to repair or rebuild their storm-damaged structures are eligible for to have up to $500 in County planning and building fees waived thanks to action taken yesterday by the Board of Supervisors. Those looking to rebuild should consult the County’s new Mountain Region Snowstorm Rebuild Questions & Answers document.
Funding approved by the Board is also making is possible for the County to reimburse residents up to $500 toward the cost of removing snow from their property.
A complete list of resources and links is available on the County Snow Information website.
Teamwork frees snowbound mountain residents
Twin Peaks resident Michelle Munoz expresses her gratitude to the members of the Forestry and Fire Recruitment Program who worked diligently to remove the snow that had piled up around her home.
Wrightwood residents reach out to recognize unsung heroes
As the community of Wrightwood recovers from the recent blizzard, it’s important to recognize all of the unsung heroes who went above and beyond to help their neighbors in need.
Laurey Aydelotte, a Wrightwood resident since 2004, reached out to the office of their First District County Supervisor, Col. Paul Cook (Ret.), to praise these community members.
“Friends with snow removal equipment quickly stepped up to help some of our trapped residents,” said Aydelotte. “This included Sadie Albers, John Kearn and Jeremy Norman of Hesperia. Residents were helping each other get food, pick up medicine from various pharmacies, and other essentials.”
Renee Olson, a lifelong Wrightwood resident, echoed Aydelotte’s comments. She and friends Dionne Burns and Julie LaFever enlisted the help of local teens to assist seniors who were unable to clear the large amounts of snow. “There were so many great kids who helped shovel seniors’ driveways throughout the neighborhood: Cade LaFever, Alexia and Sienna Burns, Cameron Coombs, Cash Littlefield, Ethan Olson, and Devun Moore,” said Olson. “I’d also like to recognize Owen Todhunter and the Serrano High School Explorers, who dug out several driveways. It was definitely a group effort!”
Wendi Swanson, another longtime Wrightwood resident, agreed. “Everyone worked together to help seniors on our street, clearing their berm or at least a foot path in case of emergency,” she said. “I know neighbors helped me and I helped them. It was true Wrightwood cohesion.”
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.
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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