Thursday , April 25 2024
Breaking News

Real Estate

Office building sells for $11.4 million

office building in riverside sells for $11.4 million

A Las Vegas investment firm has sold an office building in Riverside. Dornin Investment Group sold the property at 3550 Vine St., for $11.4 million to a private investor whose name was not released, according to a statement. The three-story building covers a little more than 46,000 square feet. It was …

Read More »

OC firm buys Ontario Ranch, plans retail center

building sold

Ontario Ranch, a 20-acre master-planned community in southern Ontario, has been sold to an Orange County firm that plans to develop a major retail project there. Wood Investment Cos. in Costa Mesa paid $18.5 million for the project, reportedly the largest master-planned community in Southern California, according to a statement …

Read More »

Apartment project sells for $8.3 million

Apartment Building in Riverside

A 44-unit apartment complex in Riverside has been sold for $8.3 million. Ramona Oaks Apartments, 3401 Ramona Drive, is a six-building property that features 20 one-bedroom, one-bathroom units and 24 two-bedroom, one-bathroom units, according to CBRE. The buyer and seller were both private investors whose names were not released. CBRE …

Read More »

SB apartment complex sells for $18 million

Sold Property Sign

A 79-unit apartment complex in San Bernardino has been sold for $18 million. Multiple offers were made on the 35-year-old project at 160 E. Parkdale Drive, according to The Mogharebi Group, the brokerage firm that negotiated the transaction. Buyer and seller were both private investments groups in Los Angeles whose …

Read More »

“Last-mile’ facility in Rancho Cucamonga changes hands

building sold

An Orange County company that develops and invests in industrial real estate in Southern California has purchased a facility in Rancho Cucamonga. Alere Property Group in Newport Beach bought the warehouse distribution facility at 8700 White Oak Ave. for an undisclosed sum, according to a statement. Built-in 2000, the 72,051 …

Read More »

Desert apartment portfolio is sold

office building in riverside sells for $11.4 million

Two apartment properties in Palm Desert with a combined 55 units have sold for $8.8 million. Tiki Gardens Apartments, 45325 Panorama Drive, and Shadow Hills Apartments, 74550-74610 Shadow Hills Road, sold to a private investor whose name was not released, according to CBRE. Both properties are near El Paseo Drive, …

Read More »