Real Estate

A Chicago-based real estate investment company has purchased a 736-unit apartment complex in Ontario. Waterton, which specializes in multifamily, senior living and hospitality projects, bought Terracina 3303 S. Archibald Ave., for an undisclosed sum, according to a statement on the company’s website. The 41.3-acre community, which will be rebranded as …

Amazon is building a 4.1-million-square-foot warehouse distribution facility in Ontario. The five-story project will reportedly employ 1,500 people and be the online retail company’s largest logistics facility anywhere in the world, according to multiple reports. ProLogis Inc., a San Francisco-based real estate trust, is building the project in the southwest …

Large industrial projects are having to move away from urban areas The Inland Empire isn’t the only market that is running out of space large enough to accommodate mega warehouse-distribution centers. The trend, strongest in the Inland region, is happening in five of the United States’ industrial markets, according to a report …

UC Riverside has been ranked 40 by Money Magazine on its 2022 list of “Best Values” colleges. The list of 623 colleges and universities ranks those institutions based on graduation rates, affordability and graduate earnings, according to a statement on the university’s website. To make the list, a school must …

A 120-acre parcel in Victorville meant for residential development is up for sale. Stoddard Creek has been approved for 319 single-family homes on lots of at least 5,000 square feet, according to WD Land in Irvine. “It’s a good sized property for the area,” said Curt Crandall, partner with WD …

Sales of existing single-family homes in California reached 419,040 in April, down nearly two percent from March and an 8.5 percent drop year-over-year, according to data released Tuesday. Statewide, the median price of a single-family home last month was $884,890, up 4.2 percent from March and 8.7 percent higher than …