Real Estate

An 820,000-square-foot warehouse-distribution facility in Fontana has been sold for $197 million. EQT Exeter, a global firm that develops, leases and manages industrial properties, bought the Commerce Way Distribution Center from Manulife Investment Management, according to a statement. JLL helped arrange the sale of the 44-year-old project, which is at …

A travel facility in Jurupa Valley has been sold for $14 million. The Pilot Flying J Travel Center, a 15,500-square-foot project at 11053 Riverside Drive, was purchased by an Irvine-based private investor whose name was not released, according to a statement. Built in 2019, Pilot Flying J sits on 11.5 …

Home sales in Southern California rose 6.6 percent year-over-year in January, with Riverside and San Bernardino counties recording gains, according to data released March 18. Orange County posted the region’s largest annual increase in home sales, at 12.9 percent, followed by Riverside (8.7 percent), Los Angeles (8.0 percent), San Bernardino …

A property in San Bernardino occupied by a 7-Eleven convenience store has been sold for $7.7 million. The 1.2-acre parcel at 171 E. Redlands Blvd. was sold by Chase Partners Ltd. in Glendale, the project’s developer, to a private investor in Bakersfield whose name was not released, according to Hanley …

Financing has been arranged for the first phase of 6.6 million-square-foot industrial project that is being built in Fontana. CBRE Investment Management and Dallas-based Hillwood Investment Properties have secured approximately $756 million through Eastdil Secured to help finance construction of Speedway Commerce Center, according to a statement. The first two …

KB Home has opened a tract of one- and two-story homes in San Jacinto. Rancho Madrina is at W. 7th Street and Foxglen Drive near Highways 74 and 79, according the Los Angeles-based residential developer. The site is also near Interstates 10 and 215, as well as several community parks …