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Tag Archives: Real Estate

Retail pad in Palm Desert sells for $3.8 million

Retail pad in Palm Desert sells for $3.8 million

A retail pad in Palm Desert that is occupied by a Mexican Chipotle Grill has been sold for $3.8 million. The 8,500-square-foot retail pad is located at 39575 Washington St. about one block from Interstate 10, according to Hanley Investment Group Real Estate Advisors. Developed in 2008, the pad is …

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Ontario industrial building leased

A global outsourcing business has leased an industrial building in Ontario. H Global Commerce, which specializes in glass products and home goods, will occupy a 142,556-square-foot structure at the southeast corner of East Jurupa Street and South Vintage Avenue, according to CBRE. CBRE Ontario represented H Global Commerce in the …

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Dollar Tree building sells for $4.8 million

A Rancho Cucamonga building occupied by Dollar Tree has been sold for $4.8 million in an all-cash transaction. The structure at 9008 Foothill Blvd. is part of a retail center anchored by Chuze Fitness that is passed by an estimated 47,600 vehicles on a typical day, according to Progressive Real …

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Former Big Lots site is sold

building sold

A Fontana building formerly occupied by Big Lots has been sold for $2.7 million. Red Mountain Group, a Santa Ana-based real estate developer, sold the structure to Mirian LP, a private investment group, according to a statement. Red Mountain Group bought the building at 17093 Valley Blvd earlier this year …

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Palm Springs mixed-use parcel sold

A residential retail property in downtown Palm Springs has been sold for $7.3 million. New Dawn Enterprises LLC purchased the 21,000-square-foot parcel at 803 N. Palm Canyon Drive from 803 N. Palm Canyon Holdings, according to CBRE’s Ontario office. “This was … a buyer who truly appreciates the opportunity of …

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State home sales stay down

Higher interest rates continued to disrupt California’s housing market in October, according to data released on Nov. 20. Sales of existing single-family homes totaled 241,770 in October, down only 0.3 percent from September and down nearly 12 percent year-over, the California Association of Realtors reported. Those numbers take into account …

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