Wednesday , April 24 2024
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Real Estate

San Bernardino office building sells for $26.7 million

building sold

An office building in San Bernardino has been sold for $26.7 million. Harbor Associates LLC, a property investment company in Seal Beach. and Taconic Capital Advisors, a global investment firm, recently sold the 115,000-square-foot structure at 451 E. Vanderbilt Way, according to a statement. The buyer was reportedly San Bernardino …

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Palm Springs apartments sell for $3.3 million

office building in riverside sells for $11.4 million

A 15-unit apartment complex in Palm Springs has been sold. Highland Apartments at 540-570 Highland Drive was sold by a private investor to another private investor for $3.3 million, according to CBRE. Both parties were represented by CBRE. Both asked not to be identified. The sale price is $220 per …

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State home sales continue to decline

State home sales continue to decline

Sales of existing single-family homes in California totaled 223,940 in November, a 7.4 percent decline from October and a 5.8 percent drop year-over-year, according to data released in December. Statewide, the median price of a single-family home in November was $822,200, down 2.2 percent from October but up 6.2 percent …

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Mixed-use parcel sells for $3 million

Mixed-use parcel sells for $3 million

A 1.7-acre piece of vacant land in Rancho Cucamonga that is zoned for mixed-use development has been sold for $3 million. A Los Angeles County investor whose name was not released bought the parcel at the northwest corner of Foothill Boulevard and Etiwanda Avenue in an all-cash transaction, according to …

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Tenants added at Chino Spectrum Marketplace

Tenants added at Chino Spectrum Marketplace

Four new tenants at Chino Spectrum Marketplace have brought that facility to near full capacity. Boston Pizza (6,700 square feet), Red Wing Shoes (1,643 sq. ft.), Famous Footwear (5,040 sq. ft), and Smash Factor (3,037 sq. ft.) have all recently signed leases there, according to CBRE’s Newport Beach office. The …

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Desert shopping center sold

Desert shopping center sold

A La Quinta shopping center has been sold for $26.4 million. Komar Desert Center, an 80,000-square-foot development at Highway 111 and Jefferson Boulevard, was sold to a private investor whose name was not released, according to a statement released by CBRE. Information regarding the seller was not disclosed. The center’s …

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