Real Estate

A freestanding logistics center in Perris has been sold. Atlanta-based Core5 Industrial Partners recently sold the Rider Business Center to TA Realty LLC. In Newport Beach, according to a statement released July 10. Cost of the transaction, which was described as an investment purchase, was not disclosed. Rider Business Center …

A Houston-based real estate development firm will build a 298,000-square-foot industrial facility in Chino. Schaefer Logistics Center will be built on 13.2 acres at 13610 Yorba Ave., with construction expected to start in the fourth quarter of this year and be completed by the end of 2025, according Lovett Industrial. …

Progressive Real Estate Partners in Rancho Cucamonga has negotiated two Inland Empire leases on behalf of a sandwich shop chain. Capriotti’s Sandwich Shop plans to open restaurants in Ontario and Murrieta this month,  according to a statement posted July 8 on Progressive’s website. The Ontario location at 920 N. Have …

A Rancho Cucamonga-based homebuilder has donated $400,000 to National CORE, one of the country’s largest nonprofit affordable housing developers. The Previti Group, formerly known as Frontier Enterprises, made the donation to underscore the company’s commitment to “giving back” to the communities it serves, in particular the Inland Empire, according to …

Progressive Real Estate Partners in Rancho Cucamonga has negotiated the sale of a San Gabriel Valley shopping center. The retail strip center at 532-540 N. Azusa Ave. in West Covina sold for $2.4 million in an all-cash transaction, according to a statement posted on Progressive’s website. Progressive represented the seller who …

Most U.S. renters can’t afford the monthly rent on a median-priced apartment, a report has found. The typical renter household earns about $54,712 a year, 17.3 percent less than is needed to pay the median monthly rental rate of $1,653, according to a study released June 24 by Redfin, a …