Real Estate

A Long Beach-based firm has leased a 750,000-square-foot warehouse-distribution building that it developed in Fontana. LG Electronics USA, which manufacturers flat screen television sets, refrigerators, microwave ovens and other household appliances, moved into the building at 5565 Sierra Ave. last week, said Charley O’Desky, project manager for Pacific Industrial. The …

U.S. home resales dropped in August despite an increase in first-time buyers and a slowdown in price growth. Sales of existing homes – completed transactions that involve single-family homes, condominiums, co-ops and town homes – fell 4.8 percent last month compared with July to a seasonally adjusted annual rate of …

No one can say Carlos Rodriguez had it easy when he was named executive director of the Baldy View chapter of the Building Industry Association of Southern California. Rodriguez first went to work for the chapter in 2004, when the local housing market and the economy in general were both …

A leading provider of custom wheels for cars trucks and sports utility vehicles has bought a warehouse-distribution building in Corona. Vision Wheel paid $10.9 million for the building at 1470 E. Sixth Ave., according to Colliers International, which negotiated the sale. The building was finished earlier this year and has …

Single-family home sales in Southern California were mixed bag in August, down slightly compared with the previous month but up year-over-year. A total of 21,352 new and existing single-family homes were sold in the six-county region last month, a drop of 12.2 percent from July, according to CoreLogic’s monthly report …

An office property in Corona is on the market. The complex, at 1101 California Ave. has nearly 40,000 square feet of leasable space and is fully occupied, said Gary Stache, executive vice president with CBRE Group Inc. and a member of the brokerage team that is marketing the property. Asking …