The Association of Corporate Real Estate Executives (ACRE) Inland Empire showcase was held at the Doubletree by Hilton in Pomona, Calif. last month with several Inland Empire cities participating including: the Town of Apple Valley, the cities of Fontana, Hesperia, Lake Elsinore, Murrieta, Menifee, Ontario, Moreno Valley, Redlands, Rancho Cucamonga, …
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A Temecula office building has been sold for $13.8 million. The Tower Office Plaza was sold recently by Providence Real Estate Group to Level Asset Capital, a commercial real estate investment firm in Irvine, according to CBRE. “Office sales in the Temecula and Murrieta areas remain strong and are somewhat …
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The U.S. housing market gained $2.4 trillion between the end of 2022 and the end of last year, according to a study release Feb. 28. The total value of U.S. homes increased 5.3 percent year-over-year, the largest increase in 11 months, and was up 13.3 percent – $5.6 trillion – …
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A 22-acre residential rental community has opened in La Quinta. SolTerra Luxury Rental Homes consists of 131 three or four-bedroom single-family homes, according to a statement. The project broke ground in January 2022 and took about two years to complete. The one-and two-story houses include large open floor plans, two-bay …
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A 17,360-square-foot industrial building in Ontario has been sold for $3.4 million. The multi-tenant structure at 1804-828 E. Elma Court has 13 fully-occupied units, according to 36th Street Partners, the El Segundo-based industrial investment firm that purchased the property. Built in 1982, the building sits on 1.3 acres in a …
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A former Palm Spring resort has been sold for $4.7 million. Tuscany Manor was sold to a private buyer who plans to convert the property into an apartment complex, according to CBRE. CBRE represented the seller, Dr. Steven Bein, a retired dentist, and the buyer, whose name was not released. “The …
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IE Business Daily Business news for the Inland Empire.
