Real Estate

A 17,000-square foot shopping center in Rancho Cucamonga has been sold. Allmark Plaza, an unanchored neighborhood facility at 10060-10080 Arrow Route, was purchased for $6 million by an Orange County investor, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive Real Estate represented the buyer, who declined to be …

An industrial park in Temecula has been sold for $13.5 million. Jewel Capital LLC, a commercial real estate investment firm, recently bought the 68,000-square-foot project at 40880, 40935 and 40945 County Center Drive, according to a statement released by CBRE. CBRE represented the seller, South La Brea LLC, also an …

U.S. home prices rose 0.3 percent between April and May, seasonally adjusted, the highest increase since January, according to a report. Year-over-year that number was 2.5 percent, the fastest growth in that category – which covers March, April, and May – in six months, Seattle-based Redfin reported. “Buyers got a …

The U.S. median monthly home payment reached $2,647 during the four weeks that ended June 14, its highest rate in one year, according to a report. That was $100 less than the all-time highest payment, which was recorded two years ago, Seattle-based Redfin reported. “Housing payments are rising because both …

May was another solid month for the California housing market. Sales of existing single-family homes rose statewide during the fifth month of the year while the median home price increased for the second consecutive month, the California Association of Realtors reported. Home sales were up 5.1 percent year-over-year, but were …

A 15-acre high-end apartment community has opened in Murrieta. Vintage Farms was developed by MBK Rental Living in Irvine and is available for leasing, according to a statement released by the company. The 330-unit project at 28749 Clinton Keith Road just east of Interstate 215 features studio, one-, two-, and …