New RiverRock Assignments Top 1M SF

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SANTA ANA, CA-RiverRock Real Estate Group, on the heels of winning a 614,000-sf retail assignment recently, has picked up nearly 1.3 million sf of office, industrial and medical office management and leasing contracts. The properties include 14 office and medical buildings totaling 841,600 sf of space in Los Angeles and Orange counties, and seven industrial and office buildings located in Murrieta and Temecula totaling 451,123 sf.

As part of the new Los Angeles and Orange County management assignments, RiverRock will add offices in Tustin and Los Angeles to an existing group of offices that includes locations in Woodland Hills, Laguna Hills, Temecula, Costa Mesa and Ontario. The new office and industrial agreements follow the company’s recent landing of the leasing assignment for the 614,000-sf Chino Spectrum, an open air development in Chino that is owned by SY Ventures. That deal was reported on GlobeSt.com in October.

With the new management and leasing contracts, which it landed with several investment management real estate companies in Southern California, RiverRock now manages a Southern California portfolio totaling more than seven million sf of space. That total includes about 5.5 million sf of office, industrial and medical office properties, along with about 1.5 million sf of retail space.

The retail properties are managed by the company’s retail group, which it founded this year as a specialized division after growing quickly in the office and industrial sectors since its founding in 2003. The firm is headed by founder John Combs, with the retail division under the direction of managing director Sally Vogel.