Real Estate

Single-family home sales in Southern California rose 18.1 percent in June compared with one year earlier, according to data released Thursday. Sales have now been up year-over-year for five consecutive months, the longest stretch of year-over-year gains since the first half of 2013, stated DataQuick’s monthly report on the Southern …

Foreclosures fell substantially in May, another sign that the housing market is recovering. The U.S. foreclosure inventory declined 27.4 percent in May year-over-year, with the national foreclosure inventory at 491,000 units, according to a report released Tuesday by CoreLogic in Irvine. That means about 1.3 percent on all homes were …

Sares-Regis Group, a major real estate and property manager throughout the western United States, has purchased 150 acres in Ontario where it will build three million square feet of industrial space. The land, next to Interstate 10 at Vineyard Avenue, is part of the 243-acre parcel owned by the Meredith …

LA Fitness in Lake Elsinore is up for sale. The facility, at 18550 Dexter Ave., opened in 2008 and is available for $13.9 million, according to CBRE Group Inc., which is marketing the property. The club, which is next to Interstate 15, covers more than 45,000 square feet and sits …

A local commercial real estate brokerage has been hired to market a long-vacant office building in San Bernardino. The two-story building in the SBD Corporate Center is owned by the Inland Valley Development Agency and was last used by the U.S. Defense Department as an accounting office, said Rick Lazar, …

A mixed-use office and commercial project in Upland is up for sale. Stewart Plaza, a nine-acre development on North Mountain Avenue, is available for $24.5 million, according to CBRE Group Inc. The property, at North Mountain Avenue and Arrow Highway, consists of seven buildings on nearly 123,000 square feet of …