Real Estate

A 198-unit apartment complex in Redlands has been sold for nearly $45 million. Citrus Grove Apartment Homes consists of 24 buildings that cover 169,000 square feet on 11.7 acres, according to a statement. The project, next to the University of Redlands at 1230 E. Lugonia Ave., sits on 11.7 acres. …

Three point seven percent of all mortgages in the United States were in some state of delinquency in August, including foreclosures, a modest year-over-year decline, according to data released Tuesday. The foreclosure inventory rate – which measures the number of mortgages in some phase of foreclosure – was 0.4 percent, …

A neighborhood shopping center in Rialto with two tenants has been sold. The property, at 630-660 W. Foothill Blvd., sold for $8.7 million, according to a statement. Built last year, the property’s two tenants are ALDI grocery and WSS, formerly known as Warehouse Shoe Sale. Combined, the two retailers cover …

A fully-occupied industrial building in Temecula has been sold for $28 million. The 224,350-square-foot structure at 41995 Zevo Drive was purchased by Karney Properties in Santa Monica, according to a statement released by Avison Young, which negotiated the transaction. The seller was Zevo Drive Holdings Inc., an owner-operator that has …

Dollar Tree, the discount store that sells everything for $1 or less, has leased space in Fontana. The retail chain has agreed to occupy 12,430 square feet in the Morningside Marketplace shopping center, 14574 Baseline Ave., according to a statement. Progressive Real Estate Partners in Rancho Cucamonga marketed the property …

The Inland Empire retail market was somewhat flat in the third quarter, with vacancy and net absorption experiencing a year-over-year decline, according to a report. Retail vacancy in the two-county region was at 6.8 percent at the end of the third quarter, down from 7.2 percent exactly one year earlier, …