News Releases
Page1 | 2 | 3 | 4 | 5 | 6

FOR IMMEDIATE RELEASE
For more information, contact Ali Mazarei at (714) 715-1685

GROUND BREAKS ON MEAD VALLEY FACILITY EXPECTED TO BOOST ECONOMY
($14 Million Project To Generate More Than $45 Million For Riverside County

)

September 14, 2006, Riverside County – Pinnacle Real Estate Holdings, Inc and Rancho Pacific Inc., both Southern California-based corporations, broke ground on the Riverside County Travel Zone Center, slated to be one of largest, most technologically advanced premier gas station facilities in Riverside County. According to Jerry Norris, principal management analyst for the Riverside County Executive Office, Travel Zone, originally proposed more than six years ago, is fully supported by the County Board of Supervisors as the first facility of its kind to enter the Mead Valley area, promising to boost economic development by bringing in $45 million per year in gross taxable revenue and create more than 175 jobs within the county.
Expected to open in early 2007, Travel Zone will encompass 11.5 acres in the Oakwood Industrial Park Mead Valley area, serving both daily commuters, as well as professional and national truck drivers. The complex will feature 38 state-of-the-art fueling dispensers and a main building structure spanning more than 10,000 square feet, featuring a convenience store with waiting area; a 1,600 sq. ft. quick-service restaurant; a 1,800 sq. ft. full-service car wash; a 5,000 sq. ft. cutting edge full-service, express lube & oil facility with detail & restoration capabilities; a truck weigh station; two 2,350 sq. ft. national branded drive-thru restaurants; and one 5,050 sq. ft. multi-business retail center.

Rancho Pacific, Inc. and Pinnacle Real Estate Holdings, Inc., owned by Oscar Etemadian, Bill Angel and Ali Mazarei, have enlisted Victorville-based KW Construction to serve as General Contractor for Travel Zone.

For more information and renderings, contact Ali Mazarei at (714) 715-1685 or visit www.travelzonecenter.com.
****