A portion of an Apple Valley shopping mall has been sold. Pacwest Management in Los Angeles bought four retail buildings at Rancherias Plaza for $3.1 million from Huntington Beach Partnership, according to a statement. The sale was announced Wednesday. The property, which is about 40 percent occupied, includes Domino’s Pizza, …
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A Citibank branch office in Riverside has been sold. Faris Lee Investments completed the sale of the building, a 7,508-square-foot structure at 3580 Tyler St. across from the Galleria at Tyler, according to a statement released Wednesday. Shaun Riley, senior managing director with Faris Lee, represented the buyer, a family …
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It was more of the same last month in the Southern California housing market. Sales homes fell 2.7 percent year-over-year during February, while median prices rose 7.6 percent, according to CoreLogic DataQuick in San Diego February’s total sales – 13,560 – was a slight uptick from January, but still the …
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Confidence in the housing market among builders of single-family homes dropped slightly this month. The level of confidence among homebuilders dropped two points – to 53 – according to the National Association of Home Builders /Wells Fargo Housing Market Index, which was released Monday. That’s still on the positive side …
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Barring any legal challenges, a Walmart Supercenter will be built in Wildomar. The city council Wednesday voted 5-0 in favor of the project, which will be developed on 22 acres near the interchange of Interstate 15 and Bundy Canyon Road in the northern part of the city, according to a …
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An Orange County developer wants to put light industrial buildings on the parcel next to Interstate 10 near Vineyard Avenue. The land, which is privately owned, is a commercial developer’s dream, but it’s been vacant for more than 50 years. The largest parcel of undeveloped commercial property in the Inland …
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IE Business Daily Business news for the Inland Empire.
