Inland Empire

Self-storage construction is outpacing demand in some markets, but in Southern California, market dynamics keep new supply deliveries low.

Of the 30 million square feet of industrial space under construction in Southern California, 27 million is in the Inland Empire.

The 10-year loan is full term interest-only for the garden-style multifamily property in Murrieta.

Crystal Asset Management acquired Vista Springs, a 212-unit garden-style multifamily property in Moreno Valley, California.

The Inland Empire is experiencing strong demand for self-storage space as the apartment sector continues to see high occupancy.

The firm has secured a seven-year, fixed-rate loan through a national life insurance company.

Half of the lots have sold at Terramor and Deerlake Ranch, both located in Southern California.

The 100% occupied 224,350-square-foot industrial facility is located on 15.1 acres at 41995 Zevo Drive in Temecula, CA.