Real Estate

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 …

Upland-based homebuilder Frontier Communities has opened Magnolia Heights, a tract of 97 homes in that city. The community was officially opened May 1 with a ribbon-cutting ceremony that was attended by city council members and executives from Frontier Communities, including Jim Previti, the company’s president and chief executive officer, according …

A shopping center anchored by a 24 Hour Fitness and a Dollar General store has been sold. Montclair Town Center, which runs from 9710 to 9886 Central Avenue, sold for $15.8 million, according to a statement. Montclair-ET LLC in Encino bought the property from Montclair Town Center LLC in Rancho …

A two-building retail center in Fontana has been sold. The Shops at Sierra Lakes, which covers 21,615 square feet at 16943 and 16975 Sierra Lakes Parkway, sold for $7.8 million, according to Faris Lee Investments in Irvine, which helped negotiate the transaction. The sale was announced today. Tenants include 7-11 …

A national clothing chain will move into Moreno Valley Mall this summer. Tilly’s, which specializes in apparel and accessories for action-sports enthusiasts, has signed a lease to occupy 7,100 square feet on the mall’s lower level near Macy’s, according to a statement. The agreement, which was completed by the mall’s …

The longtime Pomona home of an aerospace and defense contractor has been sold. Garey Tech Center, which has been occupied by Hamilton Sundstrand since the building opened in 1962, sold for $16.5 million, according to Colliers International. Colliers represented both parties in the transaction: the Lincoln Property Company and Morgan …