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Watt/Genton Associates and AIG Global Real Estate Investment Corp. Acquires 60 Acres for Mixed-Use Development in the Inland Empire; Colony Court is the Eastern Gateway to the Master-Planned New Model Colony Development in Ontario, Calif.

Publication: Business Wire
Publication Date: 03-MAY-05
Format: Online - approximately 703 words
Delivery: Immediate Online Access

Article Excerpt
LOS ANGELES -- Watt/Genton Associates, an affiliate of Watt Commercial Properties, in a joint venture with AIG Global Real Estate Investment Corp., a subsidiary of American International Group, Inc. (AIG), has acquired 60 acres in the New Model Colony, a master-planned development in Ontario, Calif. The partnership will develop Colony Court which comprises four distinct projects totaling 350,000 square feet of retail and office space and 275 single-family homes and 300 units of multifamily housing.

"Colony Court is a premier location at the eastern gateway to this community. It provides us the opportunity to create a signature retail and mixed-use center that will be...



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