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Real Estate

Canyon Crest Country club sold

Canyon Crest Country club sold

Canyon Crest Country Club in Riverside has been sold. The private club at 975 Country Club Drive sold for an undisclosed sum, according to a statement released by Newmark, the commercial real estate brokerage that negotiated the sale. The buyer was Canyon Crest Country Club, Inc., a private investment group. …

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Riverside apartments change hands

Apartment Building in Riverside

Two apartments in Riverside have sold for $2.9 million. Located at 3459 Fourth St. and 3407-3415 Kansas Ave, the properties feature eight one-bedroom and eight two-bedroom units, each with one bathroom, according to CBRE, which brokered the transaction. The Fourth Street property is a two-story building that recently had its roof …

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Newmark negotiates lease renewal and expansion for DSW Distribution

Newmark negotiates lease renewal and expansion for DSW Distribution

Newmark Group Inc. has negotiated a lease renewal on behalf of DSW Distribution Center Inc., the cold-storage provider, at its Rancho Cucamonga headquarters. DSW will remain at the Lincoln Distribution Center, 8858 Rochester Ave. in Rancho Cucamonga. DSW stores and distributes food and pharmaceutical products from the 164,975 square-foot building. …

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Nationwide housing prices take record jump

Nationwide housing prices take record jump

U.S. housing prices rose 18 percent in July, the highest year-over-year increase since 1976, according to data released today. That increase was fueled by low mortgage rates, low supply and a rebounding economy, according to Core Logic’s  Home Price Index Report for the seventh month of the year. Expected increases …

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