A global outsourcing business has leased an industrial building in Ontario. H Global Commerce, which specializes in glass products and home goods, will occupy a 142,556-square-foot structure at the southeast corner of East Jurupa Street and South Vintage Avenue, according to CBRE. CBRE Ontario represented H Global Commerce in the …
Read More »Dollar Tree building sells for $4.8 million
A Rancho Cucamonga building occupied by Dollar Tree has been sold for $4.8 million in an all-cash transaction. The structure at 9008 Foothill Blvd. is part of a retail center anchored by Chuze Fitness that is passed by an estimated 47,600 vehicles on a typical day, according to Progressive Real …
Read More »Former Big Lots site is sold
A Fontana building formerly occupied by Big Lots has been sold for $2.7 million. Red Mountain Group, a Santa Ana-based real estate developer, sold the structure to Mirian LP, a private investment group, according to a statement. Red Mountain Group bought the building at 17093 Valley Blvd earlier this year …
Read More »Palm Springs mixed-use parcel sold
A residential retail property in downtown Palm Springs has been sold for $7.3 million. New Dawn Enterprises LLC purchased the 21,000-square-foot parcel at 803 N. Palm Canyon Drive from 803 N. Palm Canyon Holdings, according to CBRE’s Ontario office. “This was … a buyer who truly appreciates the opportunity of …
Read More »State home sales stay down
Higher interest rates continued to disrupt California’s housing market in October, according to data released on Nov. 20. Sales of existing single-family homes totaled 241,770 in October, down only 0.3 percent from September and down nearly 12 percent year-over, the California Association of Realtors reported. Those numbers take into account …
Read More »Homebuilding Veteran Joins Diversified Pacific, Sees Bright Future for Real Estate
Mitchell Bradford has had a long successful career in real estate development. He recently joined the talented team at Jeff Burum’s Diversified Pacific. According to a press release from the company: “His 35 years of experience and leadership in the industry as a homebuilder and multi-family investor/owner will play a …
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