Friday , April 26 2024
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Real Estate

Montclair retail center sold

A neighborhood retail center in Montclair has been sold. The 94,272-square-foot project in the 9700 and 9800 block of Central Avenue was sold to an unidentified private local investor, CBRE announced Tuesday in a statement. The project covers 9.6 acres near Interstate 10 and the 60 Freeway. Tenants include Dollar …

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San Bernardino is soliciting proposals for the former Carousel Mall

Two years after it was shuttered forever, city officials want to level the building and replace it with a  mixed-use project that will remake downtown. All interested developers are welcome to apply for the job. Nearly two years after it closed, replacing the Carousel Mall is at the top of …

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Fitness center to locate in Fontana

A San Diego-based chain of fitness centers has agreed to lease most of a former Ralphs Grocery store in Fontana. Chuze Fitness will occupy 45,000 square feet of the building at 14574 Baseline Ave., with the remaining 12,000 square feet set aside for a co-tenant expected to be announced soon, …

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Riverside apartment complexes sold

Inland Empire Retail Properties Sold

Two apartment complexes in Riverside that cater to active seniors have been sold for a combined $6.8 million. The first building, 23-unit Orangeville Senior Living at 1054 N. Orange St., sold for $4.43 million, according to CBRE. Madison Villa Arms a collection of two-bedroom units at 3268 Madison St., sold …

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Steel business buys manufacturing operation

A company that processes and distributes steel has bought a manufacturing facility in Chino. West Coast Steel & Processing USA, a Chino-based company that does business as SteelCo. USA, paid $10.7 million for the property at 13900 Sycamore Way in Chino, according to a statement. The property will serve as …

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Mortgage delinquencies drop slightly

Foreclosures continue to drop

Four percent of all mortgages nationwide were in some state of delinquency in March, a .3 percent decline year-over-year, according to data released Tuesday. That was the lowest rate of delinquency – 30 days or more past due, including foreclosures – for March in 13 years, CoreLogic in Irvine reported. …

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