Real Estate

Riverside has purchased the downtown office building that has been partially occupied by its public utilities department for the past four years. Mission Square, a six-story structure at 3750 University Ave., sold for $37.9 million following several months of negotiations, said John Daciolas, senior managing director with Newmark, Grubb Night …

Three Inland Empire apartment properties with a combined 1,144 units will be sold. The properties, which were not specifically identified, were part of a $5.3 billion transaction between Equity Residential and Starwood Capital Group, according to a statement released Monday. Equity Residential, a private investment firm based in Greenwich, Conn., …

Cash sales of homes in the Inland Empire fell five percent year-over-year in July, according to data released Friday by CoreLogic. Overall, cash sales accounted for nearly 24 percent of all home sales in Riverside and San Bernardino counties during the seventh month of the year. That was well below …

Like all of Southern California, the Inland Empire posted strong housing numbers in September, both in sales and in median prices. Sales in Riverside and San Bernardino counties last month were up 12.6 percent and 6.9 percent respectively compared with September 2014, according to data released Monday by CoreLogic in …

One of the Inland Empire’s premiere retail locations is up for sale. University Village, at the northeast corner of University and Iowa avenues, is on the market for $46 million, according CBRE Group Inc., which is marketing the property. Described as a “one of a kind” trophy asset, the property …

This year’s tour, scheduled to be held from 11 a.m. to 6 p.m. Nov. 5, will be separated into four zones – two on the west side and two on the east side – said Robert Evans, executive director of NAIOP’s Inland Empire chapter. The tour, which is about 15 …