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Real Estate

SB apartment complex sells for $7.7 million

Housing Complex Sells

A 67-unit apartment complex in San Bernardino has been sold. The Mountain View Apartments at 1475 E. Date St. sold for $7.7 to a private investor, CBRE announced Wednesday. Built in 1985, the project sits on 2.5 acres. It has 24-hour security, gated parking, a gated pool and a laundry …

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IE good market for vets

VA Home Loans California

The Inland Empire has been named among the top 30 places in the United States for millennial veterans to buy a home. The two-county region ranked 25th, below Houston and above Kansas City in the survey by Veterans United Home Loans in Columbia, Mo., one of the largest Veterans Administration’s …

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Industrial park fetches $30 million

An industrial park in Mira Loma has been sold for nearly $30 million. Mira Loma Industrial Center South consists of five free-standing buildings at DeForest Circle and Nobel Court and covers nearly 173,000 square feet, according to Cushman & Wakefield Ontario, which negotiated the transaction. The project was completed in …

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Ontario changes direction on Meredith property

Industrial Market Stays Hot

Once envisioned as a gateway to the Inland Empire that would be anchored by high-end office projects, the 250-acre parcel at Interstate 10 and Archibald Avenue is now the Meredith International Centre and is a mix of retail, residential and industrial. Office development will likely go in other parts of …

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One more bad month for Southern California home sales

Home Sales Decline

The Southern California housing market suffered another rough month in June, according to data. Sales of new and existing houses and condominiums fell 8.8 percent year-over-year, from 22,804 in June 2018 to 20,790 last month, CoreLogic in Irvine reported. That was the lowest total sales for the month of June …

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Fitness center leases space in Ontario

A fitness center will occupy part of a former Kmart in Ontario. Planet Fitness has leased 24,345 square feet of the 100,000-square-foot structure at 1670 E. Fourth St., according to Progressive Real Estate Partners in Rancho Cucamonga. Terms of the lease were not disclosed. Progressive Real Estate negotiated the agreement …

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