Tuesday , May 28 2024
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Real Estate

New homes go on market in San Jacinto

Residential development for sale

KB Home has opened a tract of one- and two-story homes in San Jacinto. Rancho Madrina is at W. 7th Street and Foxglen Drive near Highways 74 and 79, according the Los Angeles-based residential developer. The site is also near Interstates 10 and 215, as well as several community parks …

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Increased density, commercial development build the Empire

Increased density, commercial development build the Empire

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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Class-A Temecula office building sold

Sold Stamp

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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U.S. housing market stays healthy

Nationwide housing prices take record jump

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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Rental community goes online

Seven Inland Empire multifamily properties change hands

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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Ontario industrial building sold

building sold

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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