Real Estate

San Bernardino Center, a neighborhood shopping center anchored by a Target and Big Lots, has been sold. The property at 499 W. Orange Show Road near the Interstate 215-10 interchange sold for an undisclosed sum, according to a statement released by Cushman & Wakefield’s retail division. Brixmor Property Group in …

Four point one percent of all U.S. mortgages were in some state of delinquency during October, a one-percent decline year-over-year, according to data. Also in October, the national foreclosure inventory rate – which measures the number of mortgages in some state of foreclosure – was .5 percent, a slight drop …

A retail building in Fontana has been sold. The 9,000-square-foot property at Interstate 15 and Baseline Avenue sold for its list price of $3.8 million, according to a statement released by Hanley Investment Group Real Estate Advisors in Corona Del Mar. The building, which is fully occupied, includes Rosa Maria’s …

Southern California home sales took a sharp dive in November, the fourth consecutive month sales have dropped in the region year-over-year. A total of 17,710 new and existing houses and condominiums were sold in the six-county region during the next-to-last month of 2018, a 12.3 percent decline from November 2017, …

A retail property in Chino that is leased by CVS Pharmacy has been sold for $7.6 million. The 13,000-square foot parcel at 12101 Central Ave. sold to a local investor whose name was not released, according to a statement released by CBRE. The seller, who also wished to remain anonymous, …

Speculative projects aren’t on the horizon, but otherwise absorption should continue and vacancy should drop, according to several local brokers. The Inland Empire office market might be one of the most unusual office submarkets in California, if not the United States. The office market in Riverside and San Bernardino counties …