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Real Estate

Logistics facility sold

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A Newport Beach company has bought a warehouse-distribution operation in San Bernardino. Alere Property Group purchased the 592,710-square-foot facility for $34.4 million, according to Colliers International Ontario, which represented Alere Property in the transaction. The name of the seller, a private investment group, was not disclosed. Kevin McKenna, senior vice …

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Moreno Valley Mall lands another store

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Mix & Match, a women’s clothing chain, has opened at Moreno Valley Mall. The 1,578-square-foot store opened early this month on the mall’s lower level near Harkins Theatre, according to a statement. Mix & Match sells contemporary fashions at affordable prices for women 20 to 40 years old. This its …

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Online investors complete shopping center sale

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An online company in Los Angeles has helped buy a shopping center in Barstow. Realty Mogul raised $760,000 to purchase a Vons-anchored facility that includes a Big 5 Sporting Goods, a 99 Cents Only and a Radio Shack, according to published reports. Realty Mogul raises money from online investors for …

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Golf tournament raises money for foundation

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NAIOP Inland Empire’s annual golf tournament raised $10,000 for the Special Operations Warrior Foundation. About 150 real estate professionals from Riverside and San Bernardino counties played in the tournament, which was held May 1 on the Eisenhower Course at Industry Hills Golf Club in the City of Industry, according to …

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Large tract of residential lots sold

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WD Land has arranged the sale of 359 residential lots in Menifee. CV Communities bought Menifee Heights, a 70-acre parcel bordered by Holland and Briggs roads, from RCFC Investments LLC for an undisclosed sum, said David Harbour, senior land advisor with Irvine-based WD Land. The lots, which range from 6,000 …

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La Verne to get pair of industrial buildings

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A Pico Rivera firm will build two industrial buildings in La Verne. Chalmers Equity Group will develop a 50,000-square-foot and a 33,000-square-foot building at 1300 Palomares St., according to a report first published in the Inland Valley Daily Bulletin. The three-acre site is one block north of Arrow Highway and …

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