A single-tenant building occupied by the County of San Bernardino has been sold. The building, located at 265 East 4th St. in San Bernardino, has been sold for $13,450,000.The 50,082-square-foot two-story building was built in 2009 and sits on 4.62 acres at the southwest corner of 4th Street and Waterman Avenue. …
Read More »Real estate company donates power lift to a community center
Majestic Realty has donated an electric power lift to a community center that it will use to help its COVID-19 relief efforts. The Charles Meigs Community Center in Mead Valley, an unincorporated community near Riverside, has seen its food distribution efforts overwhelmed by the pandemic, according to the statement. “When …
Read More »Class A Temecula office building sold
An office building in Temecula has sold for $5.1 million. MIG Real Estate in Newport Beach sold the 35,258 square-foot structure to a private investor whose name was not released, according to CBRE. The building, at 1 Ridgeway Drive, was built in 2003 and is occupied by 15 tenants in …
Read More »Fontana retail building, car wash change hands
A multi-tenant retail building and car wash in Fontana has been sold for $7.5 million. The building, at 16914 South Highland Ave., was completed and has three tenants: Pacific Dental Services, Arrowhead Credit Union and MJ Nail & Spa, according to Hanley Investment Group. Adler Realty Investments, Inc. in Woodland …
Read More »Chino industrial building sells
A 3.9-acre parcel in Chino that includes two industrial buildings has been sold. The property, at 3612 and 3638 Philadelphia St., changed hands for an undisclosed sum, according to Alison Young, which help arrange the sale. The seller was based in Phoenix, the buyer in the Inland Empire. Further information …
Read More »State housing market takes a major hit
Sales of existing single-family homes in California fell 41.4 percent last month, as the full impact of COVID-19 hit the state’s housing market. That year-over-year decline brought the state’s housing market to its lowest point since the Great Recession and marked the second consecutive month that home sales were under …
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