Real Estate

CapRock Partners, a California-based industrial real estate investment and development firm, recently announced the completion and sale of Temescal Valley Commerce Center. The 140,000-square-foot Class A industrial building sold to Calif. Brothers International Deserts, Inc., a Southern California-based ice cream manufacturer, for an undisclosed amount. The building sits on 9.42 …

A building that is home to a Baskin Robbins and a Dunkin’ (formerly Dunkin’ Donuts) in the High Desert has been sold. The 2,600-square-foot structure at 2804 Lenwood Road in Barstow sold for $2.6 million, or roughly $1,000 per square foot, Hanley Investment Group Real Estate Advisors announced in a …

About 4.1 percent of all mortgages nationwide were in some stage of delinquency – including foreclosure – during December, a year-over-year drop of 1.2 percent, according to data released Tuesday. The nation’s foreclosure inventory rate, which measures the share of mortgages in some state of foreclosure, was 0.4 percent in …

U.S. homeowners with mortgages saw the equity in their homes increase by an average of 8.1 percent during the fourth quarter of 2018 compared with exactly one year earlier, according to data released Friday. The average homeowner gained $9,700 in home equity between the end of 2017 and the end …

Home prices rose 4.4 percent nationwide in January compared with January 2018 but were essentially unchanged month-over-month, according to data released Tuesday. Prices of single-family homes and condominiums are expected to rise 3.4 percent this year compared with 2018, Irvine-based CoreLogic reported. “The spike in mortgage interest rates last fall …

A Mira Loma-based manufacturer and distributor of high-end food products is expanding. Magnolia Foods has leased a 120,576-square-foot industrial building at 1450 Alder Ave. in Rialto, which is part of a new business park that is within the Renaissance project, according to Voit Real Estate Services, which helped negotiate the …