SOURCE: Glenborough, LLC

January 29, 2008 11:00 ET

Glenborough Expands Tri-City Corporate Centre With North River Place

SAN MATEO, CA--(Marketwire - January 29, 2008) - Glenborough, LLC, a San Mateo, CA real estate investment and management company specializing in office properties is pleased to announce that it has completed construction at North River Place, a 72,000 square-foot, three-story Class A office building in San Bernardino, CA. Located at 658 East Brier Drive, North River Place represents yet another extension to Glenborough's Tri-City Corporate Centre.

The integrated 153-acre Tri-City complex offers a full spectrum of state-of-the-art office and retail options with over 1,200,000 square feet including six Class A office towers; four two-story office buildings and a pair of single-story office projects, all located within 20 minutes of the Ontario, CA airport at the influx of Interstate 10 and the 210 Freeway.

According to Andrew Batinovich, President and CEO, "North River Place is an outstanding addition to the Tri-City project. Not only does it add a key component to our Class A office inventory here, but it also offers another much-needed amenity in this area -- a 7.5:1000 parking lot designed especially for those tenants who require larger parking ratios."

The Tri-City Corporate Centre incorporates a unique mix of small retail tenants such as Starbuck's and Togo's along with major retailers such as Circuit City, PetSmart and La-Z-Boy plus restaurants including TGI Friday's, Olive Garden, Outback Steakhouse, Mimi's Cafe, Pat and Oscars and more.

Leasing for North River Place is handled exclusively by Senior Vice President Philip J. Woodford, and First Vice President Michael R. O'Brien of CB Richard Ellis's Ontario, CA office.

About Glenborough, LLC

Glenborough, LLC is a private real estate investment and management company focused on the acquisition, management, leasing and development of institutional quality office properties. The company which was founded in 1978, returned to its private roots in 2006 after eleven years as an NYSE-listed real estate investment trust. Glenborough has over $2.8 billion of assets under management including core, value add and development properties. The company's primary investment markets are Northern California, Southern California, Denver and Washington DC. For more information about Glenborough, visit www.glenborough.com.

Contact Information

  • Contact:
    Andrew Batinovich
    President and CEO
    Phone: 650-343-9300
    e-mail: Email Contact