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 …
Read More »Tech building sold
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 …
Read More »Office building fetches $7.1 million
A Class-A office building in Corona has been sold. The three-story structure sold recently for $7.1 million and was a little more than half occupied when escrow closed, according to a statement released this week. Avison Young’s Irvine office represented the buyer, Providence Capital Speed Fund II LLC, which is …
Read More »Famed San Bernardino Hotel on the market
The Arrowhead Springs Hotel in San Bernardino, once a getaway spot for Hollywood royalty, is up for sale. The Campus Crusade for Christ, which has owned the resort since 1962 , is asking $60 million for the 1,900-acre property in the San Bernardino Mountains, according to a report published in …
Read More »Home sales struggle statewide
Sales of single-family homes in California were down in March compared with the previous year, mostly because of a drop in inventory, according to the California Association of Realtors. About 367,000 single-family homes were sold in March statewide, the highest number of sales recorded in four months, according to the …
Read More »Inland industrial market still solid
The Inland industrial market stayed strong during the first quarter of 2014, with sales and leasing activity totaling nearly six million square feet. That represented a drop of about 1.3 million square feet year-over-year, but that can be attributed to a reduction in desirable industrial space within Riverside and San …
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