Real Estate

Progressive Real Estate Partners in Rancho Cucamonga has announced the sale of two parcels at the Mall of Victor Valley. The first property, at 14390 Bear Valley Road, is occupied by an 8,000-square-foot Big 5 Sporting Goods store, according to a statement posted on Progressive’s website. That site sold for …

Wolverine Worldwide, a global footwear and clothing company, has agreed to lease a 720,000-square-foot warehouse-distribution operation that is under construction in Beaumont. The building, part of the Crossroads Logistics Center, will serve as the company’s national distribution headquarters while supporting its fast-growing e-commerce business, according to  a statement released Tuesday …

Newcastle Partners Inc., a real estate investment and development company, has finished building a speculative warehouse-distribution facility in Moreno Valley. Knox Logistics Center covers 147,000 square feet at 17610 Harvill Ave., according to a statement released Tuesday. The single-building facility, near the Harley Knox Blvd. entrance-exit on the 215 Freeway, …

Modus Furniture International has renewed for five years the lease on its Fontana warehoused-distribution operation. The Los Angeles-based company, one of the largest makers of commercial furniture in the United States, signed a $6 million agreement to remain at Vintage Park East, according to a statement. Colliers International Ontario represented …

Home cash sales were up slightly in the Inland Empire in December, according to data recently released. Overall, 28.1 percent of all home sales in Riverside and San Bernardino counties during the last month of 2016 were cash transactions, according to CoreLogic in Irvine. That represented a 1.6 percent year-over-year …

Southern California home sales stumbled during February, posting a slight year-over-year loss and a larger decline  compared with January. Sales of new and resold houses and condominiums were down 1.7 percent year-over-year and 3.4 percent month-over-month, Irvine-based CoreLogic reported Tuesday. One reason for the decline was that this February had …