Real Estate

A Popeyes Louisiana Kitchen in Beaumont has been sold. The restaurant, at 501 E. 5th St., sold for $2.2 million, according to Progressive Real Estate Partners in Rancho Cucamonga, which helped negotiate the sale. Progressive represented the seller, a private investor in Riverside. Hipwell Real Estate in San Jose represented …

A 197-unit multifamily complex in San Bernardino has been sold. The Vue Apartment Homes at 1660 W. Kendall Drive sold for $37.4 million, according to a statement released by CBRE. The seller was FPA Multifamily, a real estate investment firm in Irvine. Dalan Management, a New York real estate investment …

The Southern California housing market got a much-needed boost in July, helped in part by a drop in mortgage rates and a jump in inventory. Twenty two thousand seventy one new and existing single-family houses and condominiums were sold in the six-county region last month, up 3.7 percent from July 2018, …

A 12-unit apartment complex in Riverside has been sold. Palm Courtyard Apartments at 4333 Brockton Ave. sold for $1.75 million to a private entity whose name was not released, CBRE announced. The seller was a local investor who also wished to remain anonymous. CBRE represented both parties in the transaction. …

Stockbridge Capital Group, a San Francisco-based private equity real estate investment company, has bought a 26-property industrial and e-commerce portfolio that includes three Inland Empire properties. The seller was Westcore Properties, a commercial real estate investment firm in La Jolla, according to a statement. Cost of the transaction was not …

A Washington D.C.-based company has purchased a one-million-square-foot warehouse-distribution center in Riverside. ASB Real Estate Investments paid $123.7 for the property at 490 Columbia Ave., a fully occupied  project which is part of the Columbia Business Park, according to a statement released Tuesday.  Washington Capital Management Inc, an employee-owned investment …