Tuesday , February 4 2025

Real Estate

Local BIA leader offers praise to Gov. Gavin Newsom for SB 201

Carlos Rodriguez, chief executive officer of the Baldy View chapter of the Building Industry Association of Southern California offered praise about the state’s Democratic leader during the chapter’s annual housing conference, which was held Friday in Ontario. Rodriguez mentioned Governor Newsom’s support of Senate Bill 201, which was incorporated into …

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Redlands company buys Corona industrial building

Inland Empire Retail Properties Sold

A 245,000-square-foot industrial building in Corona has been sold. The building, at 2455 Wardlow Road, was sold to Precision Screen & Security in Redlands for $26.5 million, according to a statement released by CBRE. CBRE represented the seller, America YouCare Pharma, which has owned the building since 2015. The structure …

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Chicken restaurant to open second Ontario site

A fast-food chain that specializes in chicken fingers has agreed to lease a site in Ontario. Louisiana -based Raising Cane’s Chicken Fingers will occupy a 3,200-square-foot structure under construction at 1437 N. Mountain Ave., according to Progressive Real Estate Partners in Rancho Cucamonga. The site, at Mountain Avenue and Sixth …

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SoCal home sales fall for 10th consecutive month

Sales of new and existing single-family homes and condominiums in Southern California totaled 22,300 in May, according to data. That was a decline of 2.7 percent compared with May 2018, Irvine-based CoreLogic reported in its monthly assessment of the region’s housing market. Sales in Southern California – the Inland Empire plus …

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Montclair retail center sold

A neighborhood retail center in Montclair has been sold. The 94,272-square-foot project in the 9700 and 9800 block of Central Avenue was sold to an unidentified private local investor, CBRE announced Tuesday in a statement. The project covers 9.6 acres near Interstate 10 and the 60 Freeway. Tenants include Dollar …

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San Bernardino is soliciting proposals for the former Carousel Mall

Two years after it was shuttered forever, city officials want to level the building and replace it with a  mixed-use project that will remake downtown. All interested developers are welcome to apply for the job. Nearly two years after it closed, replacing the Carousel Mall is at the top of …

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