Real Estate

A Grocery Outlet in unincorporated San Bernardino County has been sold for $6 million. A private investor in San Diego sold the store and the parcel it occupies to a Los Angeles investor, according to Hanley investment Group. Hanley Investment represented the seller. Both buyer and seller wished to remain …

Housing affordability in California rose slightly during the third quarter, the result of a drop in market competition and a rise in available housing. Seventeen percent of the state’s households could afford the median price of an existing single-family home – $887,380 – in the quarter that ended Sept. 30, …

A Bible college and conference center in the San Bernardino Mountains is for sale. Twin Peaks Christian Campus, which has long been used for education, faith, and community gatherings, is available for $12 million, according to The Hoffman Company, which is marketing the property. The 24-acre parcel is occupied by …

An ARCO gas station-AM/PM Convenience Store in Apple Valley has been sold for $7.9 million. That price includes both businesses and the land they’re located on at 15333 Rancherias Road, according to Progressive Real Estate Partners. Both the seller and the buyer are Inland Empire private investors who wished to …

A Rialto shopping center anchored by a Sprouts Farmers Market has been sold. Rialto Village, a 92,000-square-foot facility at Riverside Avenue and San Bernardino Boulevard just north of Interstate 10, was sold by NewMark Merrill Cos. Inc. to Langdon Street Capital, according to a statement. Calabasas-based NewMark Merrill developed the property, …

Two Inland Empire multifamily properties have been sold. Springbrook Park Apartments, a 120-unit complex at 1100 North Orange St. in Riverside, and Mayfield Park Apartments, an 83-unit complex at 345 West 41st St. in San Bernardino, sold recently for a combined $41.1 million, according to CBRE. CBRE represented the buyer …