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II .NWIDE
,It NaIlorMlQo IIrlk
A Ftdnlliavi9 BInk
825 'Iht CIty 1lItve, $IitI 2eO
0IqI, CA"
TeIepIKmt
714 &34-4822
Novemb.~ 15, 1989
Hayor Bob Holcomb
crn OF SAN BERNARDINO
300 Nort:l1 liD" Street
11m Je~rd.Lno, CalUomJ.s 924llS
RE: V,STSTDE SHOPPING CKNTER
Dear Hayor Holclmlb:
I have received info~tion about: the West' Ide Shopping Center trom John Pierce
at NettI Frontier COll1lllercial Properticts, Inc. I understllnd tb.t: Hr. Pierce has
expressed tD Teu our Lnt.rut in moving forward on ehi. proJect.
FJ.rst Ns.tlonwJ.de Bank and New FrontIer have worked together lor ch. pJut four
year., under a Development Hanagement Agrellmel1e "D/'fA". Under the "DIfA" proll'e,
FJ.rst Nation"ide Bank has been very active in 1111 1:1P" of rfi&l estate
development. Fi.rst Nationwide has cloud. total 0/ approxJ.m&tely 4,000 .Ingle
leily homes. five community .hopping centers, 4nd 168 acre. 01 J.ndu.tZ'ial park,
all of which are eLther und.r construction or have recently been completed in
the lut year. WorkJ.ng J.n tandem with proven buJ.1ders such .s New FrontJ.er,
FLr.t NatJ.onwJ.de has hcome an Lndustry le.der in r.al ..tate Joint
vent:ure/fJ.nancJ.128 J.ft the development of multi of&11J11y, cOllllllere!sl, redevelopment
4nd dngle te.11T homes.
N"" Front!er and First Nationwide have done three development' unde~ this
progr~. the most recent: beJ.ng the acquisition of an ll-.ar. commercial parcel
in Corons. California. New Frontier acquired a signed market tenant: /01' thb
,ite prJ.or to the clo.in, of .scrow.
Should TOU have anT qUeBCions re6l1rdin& pur working rel.atlonshlp wleJt Nell
FronCier plellB' te.l free to cone.act my office.
ROUTING
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co: Scott Rodd.
John W. Pbrce
Hark Drenner
Allan Ho.kst%"a
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