Real Estate

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 …

More good housing news: foreclosures fell dramatically across the country during the first month of this year. The national foreclosure inventory dropped 33.2 percent year-over-year in January while completed foreclosures fell 22.5 percent during that time, according to data released Tuesday by CoreLogic in Irvine. Forty three thousand foreclosures were …

Cash sales made up 35.5 percent of all home sales in December, down three percentage points compared with the previous year. That marked 24 consecutive months of year-over-year declines in cash sales, according CoreLogic, which issued its monthly report on cash transactions in the U.S. housing market Monday. Cash purchases …

A grocery store chain in the Pacific Northwest will open 83 stores in California in locations that are occupied by Albertsons or Vons. Haggen, based in Bellingham, Wash., bought 146 of 168 stores that both chains were ordered to sell as the result of a merger agreement that was reached …

An Irvine-based development group is buying 150 acres of open space in Ontario, where it plans to build light-industrial buildings. The land, at the southeast corner of Fourth Street and Vineyard Avenue next to Interstate 10, has been owned by the Meredith Family Trust for about 50 years, according to …

A mixed-use complex in Ontario that fell into bankruptcy is back on the market. Plaza Continental, at Inland Empire Boulevard and Porsche Way immediately north of Interstate 10, is being marketed by Keen-Summit Capital Partners LLC in New York, according to a statement. The 120,000-square-foot center consists of restaurants and …