Real Estate

A retail property in San Bernardino occupied by Food 4 Less and Ross Dress for Less has been sold. Wood Investment Companies Inc. in Costa Mesa bought the property at 505 an 555 W. 2nd St. for an undisclosed sum, according to a statement.  The seller was Canyon Developer, LLC …

A 43-unit apartment complex in San Bernardino has been sold. Villa Real Apartments was sold to a local investor whose name was not released, CBRE announced. The seller also wished to remain anonymous. Located at 4190 Sepulveda Ave., the complex is made up entirely of one-bedroom, one-bathroom units is near …

Golden Sands, a 120-unit apartment complex in Victorville, has sold for $14.2 million. Hanes Properties LLC, a real estate investment and management firm in Los Angeles, bought the property from Positive Investments, an Arcadia-based real estate and property management firm, CBRE announced. CBRE represented Positive Investments in the negotiations, which …

Parkview Financial in Los Angeles has provided a $19.8 million loan that will help build the first phase of French Valley Commons, a  mixed-use project planned for unincorporated Riverside County. That phase will include a nine-building mixed-use project at the northwest corner of Leon and Benton roads in Winchester, an …

Avison Young recently completed the sale of a logistics facility in southwest Riverside County for $9.3 million. The building, at 40761 County Center Drive in Temecula, is occupied by Walmart, which agreed to lease the building for three more years after the sale was completed, according to a statement. The seller …

Not enough houses are being built and that might not change in 2019, according to several experts. It’s become an all-too-familiar story: housing prices in the Inland Empire keep going up, which causes sales to fall. First-time buyers are being kept out of the market, and step-up buyers can’t buy …