Kingsbarn Real Estate Capital is pleased to present the opportunity to acquire a premier, southern California, two-property office portfolio structured as a Delaware Statutory Trust (DST). The combined properties contain ±134,868 rentable square feet (collectively, the “Property”) and together comprise the offering: KB Tri-City II. The two properties incorporated in the offering are: Brier Corporate Center, 862 E. Hospitality Lane and Three Parkside, 473 E. Carnegie Drive, San Bernardino, CA 92408
The Properties are situated within the Tri-City Corporate Centre, a 153-acre, 17-building, master planned, mixed-use project — the largest located in the Inland Empire. The entire development has a unique campus setting with lush landscaping and outdoor amenities. Tri-City Corporate Centre is considered one of the premier office addresses in the Inland Empire, which is why it is home to numerous national and international tenants.
Tri-City Corporate Centre provides superior on-site retail amenities including various retailers, full-service retail banking, and numerous restaurants. Tenants of Tri-City Corporate Centre enjoy its visibility, accessibility and transit-oriented location. The self-contained corporate office park provides direct access and visibility from the I-10 and I-215 freeways and rapid transit within walking distance.
Tri-City II Corporate Centre Tenants
Inland Empire Market Overview
The Inland Empire, a region whose $155-billion economy is equal to that of the State of Utah, has been Southern California’s best-growth market for seven straight years, averaging 5.8% each year, per the Federal Reserve. The Inland Empire’s population base of 4.5 million people is Southern California’s second largest, fueled by a growth rate that is almost 4 times more than the rest of the region since 1990.
The Inland Empire’s relative affordability over Los Angeles and Orange County has a substantially positive impact on its real estate market. For real estate users, the Inland Empire offers quality space at large discounts relative to Los Angeles and Orange Counties. Moreover, with affordability becoming a critical issue for Southern California, the Inland Empire offers the most affordable alternative to its neighbors, from the cost of doing business to the cost of living. As the region’s workforce population continues its growth, occupier demand for the Inland Empire will undoubtedly intensify in the years to come.
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All investment transactions are handled and cleared through First American Title Company, National Commercial Group.
Contact us about this investment opportunity at 424.343.9000