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Real Estate

Gated community in Corona adds a neighborhood

A fourth neighborhood at a gated community in Corona opened Saturday. Parson is a collection of 80 single-family court homes that makes up Bedford, which will include 1,600 homes when it’s completed, according to a statement. Master developer The New Home Co., along with Tri Pointe Homes and Woodson Homes, …

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Ontario retail buildings sell

Two retail buildings at a Walgreens-anchored neighborhood shopping center in Ontario have been sold in separate transactions. Both transactions were brokered in part by Hanley Investment Group Real Estate Advisors, a national retail investment advisory firm, according to a statement. The first, a 13,381-square-foot building fully occupied by O’Reilly Auto …

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SC home sales continue to drop

Home Sales Decline

Sales of single-family homes and condominiums in Southern California took a steep year-over-year drop in  February, continuing a trend that began nearly one year ago. A total of 13,466 new and existing houses and condos were sold in the six-county region last month, the lowest for the month of February …

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Perris retail center sells

A multi-tenant retail center in Perris has been sold. Shops at Ramona Expressway, a 9,800-square-foot project, was sold to a private investor in Monterey Park for $3.5 million, according to Progressive Real Estate Partners in Rancho Cucamonga The seller was a Riverside-based investor who was represented by REeBroker Group. Both …

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Restaurant building sells for $3.5 million

A Fontana building occupied by a Raising Cane’s Chicken Fingers fast-food restaurant has been sold. The single-tenant structure at 16988 S. Highland Avenue sold for $3.5 million, according to Hanley Investment Group Real Estate Advisors in Corona Del Mar. The restaurant sits on approximately one-half acre and is part of …

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Riverside retail building fetches $5.3 million

An 18,000-square-foot freestanding building in Riverside occupied by a Grocery Outlet Bargain Market has been sold for $5.3 million. The year-old property at 3490 Madison St. next to the 91 Freeway, was sold to a Newport Beach physician whose name was not released, according to SRS Real Estate Partners’ National …

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