Riverside Market Street Portfolio

3480 & 3550 Vine Street and 2190, 2280 & 2300 Market Street
Riverside, CA 92507
Type: Office
Size: 223,622 sq. ft.
Built: 2006
Investment Date: July 2013
Strategy: Value Add
The Riverside Market Street Portfolio includes two Class A office properties located in downtown Riverside, CA. Riverside Gateway I & II consists of two buildings totaling 90,154 square feet completed in 2003 & 2004. Market Street Corporate Center includes three buildings totaling 133,468 square feet completed in 2006. The properties are located in the highly desirable downtown Riverside submarket; the area boasts 14% vacancy, the lowest rate of all major submarkets in the Inland Empire, with high retention ratios. The city also acts as a hub for federal, state, county and city government and legal services, offering stability. Both properties have immediate accessibility to the SR-60, SR-91 and I-215 freeways, providing attractive corporate environments, which have continuously attracted quality tenants. The property was acquired in July 2013.
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