CITY NEWS AND NOTES
Ontario Office Building - Just Sold
æ
Steven Roppel, SVP of Allied Commercial Real Estate,
has com-
pleted the sale of 410 North Lemon Avenue, Ontario, California.
The
quick sales transaction
to a well-established local
Chiropractor was completed in less than thirty days from purchase
offer to close of escrow. The buyer had been renting nearby offices
for over 20 years and is excited to now be his own landlord. The
timing worked out perfect for both the seller and the buyer.
The
single-story office building
is well integrated into the
neighboring community; the grounds are professionally
landscaped with neatly trimmed shrubbery and trees presenting
a pleasant, professional business appropriate appearance from
the street.
Located at the northeast corner of the intersection of
North
Lemon Avenue and East D Street,
the immediate neighborhood
is Downtown Ontario. To the south is the City of Ontario complex,
which includes multiple municipal buildings, including City Hall
and Library.
MG Properties Pays $95M for Ontario Complex
æ
Archstone
has sold
Archstone Terracina,
a 736 one and two
bedroom complex here for $95 million. The buyer of the two-story
walk up community was
MG Properties.
The property is located at
3303 South Archibald Ave. and is adjacent to the San Bernardino
Mountains.
Built in 1988, the complex sits on just over 41 acres. The complex
offers four pools, spa and sauna, four tennis courts, racquetball
court, fitness center and detached garages.
Joe Leon,
managing director of
Jones Lang LaSalle
notes that
“Ontario is one of So. California’s fastest growing cities with a
current population of 165,557 and a projected population growth of
6.6% by 2016.”
Class-A Ontario Office Changes Hands
æ
BH Properties LLC
has acquired a 106,345-square-foot office
property in Ontario for $13.8 million. The seller,
PCCP
and
the Muller
Cos.,
were represented by
Kevin Shannon, Darla Longo
and
Phil
Woodford
of
CBRE
, while
BH Properties
was self-represented.
Located at 3257 & 3237 E. Guasti Rd., the property, named Lake
View Center, was built in 2004 and is currently 62% leased. BH
Properties plans to invest additional capital into the project and
lease it up to full occupancy as a long term hold for the company.
The purchase included approximately 1.6 acres of additional
developable land, and is currently occupied by
East West Bank, T-
Mobile
and
University of La Verne,
to name a few.
The Mayor and City Council are committed to the growth and evolution of Ontario’s economy.
RECENT CITY OF ONTARIO ECONOMIC DEVELOPMENT NEWS:
GATEWAY NEWS
4
The City of Ontario will only be allowing yard sales to occur on
four weekends throughout the year.
The upcoming 2013 Yard Sale
Weekends are: August 2, 3 and 4.
Dates will be posted on the
City’s website.
Residents will no longer need to go to City Hall to get a
garage sale permit.
Items for sale must be used merchandise that
was owned by the household. One 6 square foot sign can be placed
in the front yard to advertise the sale. After August 6, 2010, holding
a garage sale on any other days, besides
the weekends designated by the City, will
result in a possible citation or fine.
The City is limiting the dates for
yard sales to help prevent traffic
and parking problems in our
neighborhoods, and to keep the
City attractive.
Planning a Garage Sale?
The City of Ontario has unveiled
the
“myOntario” Smart Phone
application
that allows residents with
iPhones and Android phones to point,
click and send photos of maintenance
issues such as graffiti, potholes,
roadside debris, shopping carts, storm
drains, street sweeping, lane striping,
traffic signs, sidewalk, curb, and gutter maintenance, tree trimming,
park maintenance, weed abatement, and sprinkler problems.
iPhone and Android users may download the “myOntario”
application for free from the iPhone App Store and Android Market
by searching for the keyword “myOntario”. Once installed, users will
simply open the application and follow the prompts to take a picture
of the issue and then tap “submit”. Using built-in global positioning
system technology, “myOntario” will attach a location to the picture
and route the information about the problem to
the appropriate City department for resolution.
City staff and Vendors will now be able to
respond like a business, using better tech-
nology, encouraging efficiency and faster
response times.
myOntario Smart Phone
Application
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