Real Estate

Twenty-one percent of California real estate owners and operators say they will redevelop office space during the next three years, a study has found. That work will be done in several categories, including multifamily, industrial and retail, according to the Winter 2024 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate …

A one-million-square-foot outdoor storage that covers two cities in San Bernardino County has been sold. The properties straddle 23 acres at 446 S. Yucca Ave, 1066 N Tippecanoe Ave, and 1938 W. 5th St in San Bernardino and Rialto, according to a statement. All three buildings are near Interstates 15 …

A 19-unit apartment complex in Riverside has been sold. The Corwin Apartments at 5755-5580 Corwin Lane were sold recently for $2.8 million, according to CBRE. Information about the buyer and seller was not released. CBRE represented both parties in the transaction. Built in 1964, the complex features one-bedroom, one-bathroom and …

Construction has started on a logistics and commercial project in Perris that will cover nearly one million square feet when it’s completed. The Perris Gateway Commerce Center will consist of a 950,000-square-foot logistics facility and a 37,000-square-foot commercial center on Ramona Expressway between Nevada Road and Webster Avenue, according to …

When he was a student at Alta Loma High School, Brian Bush took drafting classes and planned to be an architect. Then he watched the construction of Colonies Crossroads, a 447-acre master planned community next to the Foothill Freeway in Upland and changed his mind. “I grew up in Alta …

The Tri-City Center in San Bernardino has been sold for $24.3 million. Built in 1987, the 151,700-square foot shopping center at 891 Harriman Place is fully occupied, according to a statement. Unilev Capital Corp., a real estate investment and management company, sold the property to an undisclosed buyer. JLL Retail …