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Haven City Market: The Inland Empire’s newest food hall concept opens its doors on Saturday, October 26th at 12PM  

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October 1, 2019 Rancho Cucamonga, CA – Haven City Market, located in the heart of the business district of Rancho Cucamonga, will celebrate its grand opening on Saturday, October 26th 2019. The ribbon cutting at 12PM will kick off the festivities. Located on the corner of Haven Ave and Arrow Route, this new food hall features over 20 eateries and an expansive 20,000 square foot outdoor park and garden. The highly anticipated project will be the first of its kind in the immediate area, drawing millennials, foodies, and families to the mecca of local makers and artisans.

The new development features a heavy hitting roster of both well known and local family owned eateries. Start your week off right with a latte made with love at &Coffee with your made to order churro from Churro Bar. Craft beers from Native Son Alehouse, small batch ice cream from Cauldron, and Shrimp Shack’s special sauce are sure to become local favorites. IBASA’s house made tortillas neighbors Sizzlin’ Place, a unique Tokyo steakhouse experience. Baba K is the father son team that dishes out Mediterranean cuisine you won’t find anywhere else. Start with On + On Kitchen Fresh Asian Cuisine to build your own BBQ bowl and end with satisfying your boba and tea fix at It’s Boba Time. Fire Wings is the new go to spot to enjoy your seasonal sports games while enjoying the best chicken wings in town. Burgerim features custom slider packs that can satisfy even the pickiest in your group. Popular LA Eatery, Belly & Snout, will make its anticipated reemergence with its first location in the Inland Empire. Treat yourself to a unique omakase experience at Shokunin Temaki and Nigiri Bar. Oke Poke is your spot for the ideal Hawaiian inspired poke bowl. If you have room, Acai Life Superfoods lets you build your own acai bowl with only the freshest ingredients. Plan a perfect date night at Pan Pasta for scratch made pasta and satisfy your Parisian cravings with sweet and savory features at Crepes de Paris. Do your best to resist temptation from the aromatics coming from UMAI Savory Hot Dogs and Oko Yummy’s Japanese fusion pancakes. If there weren’t enough options for you, Popbar never fails with their famous Sorbetto and Gelato while Lantern Vietnamese Café will satisfy your cravings for authentic banh mi and pho. Jojo’s Kitchen brings popular flavors of Taiwan straight to you, refined comfort food that will leave you wanting more. Hungry yet?

Haven City Market is most excited to join the community of Rancho Cucamonga and cultivate a genuine bond with its patrons. Look out for special events, live music, one of a kind pop ups and even volunteer opportunities to give back to such a welcoming city. Enthusiasm is shared by all as Haven City Market sets to be a game changing addition to the city of Rancho Cucamonga and create a new must-visit destination for locals and visitors alike.

Join us for live music, giveaways and a true culinary excursion on Saturday, October 26th! We can’t wait to see you. For more information please contact mailto:gracec@havencitymarket.com.

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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Stockbridge Acquires 540,478 SF Inland Empire Industrial Portfolio for $142MM

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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.

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Stater Bros. Charities and Reyes Coca-Cola Bottling Give Back to Military Families

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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.

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BDK Logistics Intelligence Fully Leases 114,190 SF Industrial Facility in Corona, CA

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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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