AZUSA Magellan Value Partners has secured a $14.4 financing package for the construction of a self-storage facility at 900 W. Foothill Blvd., Azusa. Talonvest Capital negotiated a five-year, fixed interest rate loan on behalf of the borrower. The deal also includes four years of interest-only payments and limited recourse, and comes with a five-year extension […]
May 2019 Cities Report
Compiled by Bill Ruh, CVAR Director of Government Affairs CHINO SharpLine Commercial Partners, a full-service boutique commercial real estate brokerage firm, has completed the $4.35 million acquisition of a 23,285-square-foot industrial building located on 1.84 acres at 15142 Vista Del Rio Ave., Chino. The facility features approximately 6,300 square feet of office space, three ground-level […]
April 2019 Cities Report
Compiled by Bill Ruh, CVAR Director of Government Affairs AZUSA The Azusa Unified School District (AUSD) will consolidate and close two schools at the end of this school year as a result of declining enrollment. Both Mountain View and Gladstone elementary schools are set to close their doors. District Superintendent Linda Kaminski said students should […]
Cities Report – Nov. 2017
BALDWIN PARK The city of Baldwin Park has been selected along with 46 other cities to be part of a grant program to confront rising homelessness in their communities. The program, created by Los Angeles County and United Way of Greater Los Angeles’ Home for Good Funders Collaborative and launched in July 2017, called on […]