Thursday , June 1 2023
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Real Estate

Medical complex planned for Victorville

Industrial Tenants Announced

An industrial building in Victorville will be converted into a medical complex. The 20,000 square-foot building at 12490 Business Center Drive has been purchased by a group of physicians in the High Desert for an undisclosed sum, according to a statement released by The Bradco Cos., the largest commercial real …

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T-Mobile to open desert store

T-Mobile has signed a lease on 1,300-square-foot of retail space Yucca Valley. The property, at 57750 Twentynine Palms Highway, will house a corporate store that is expected to open by the end of the year, according to a statement on Progressive Real Estate Partners website. Rancho Cucamonga based Progressive represented …

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Moreno Valley industrial park changes hands

A five-building industrial park in Moreno Valley has been sold. Moreno Corporate Center, which covers nearly 140,000 square feet at Elsworth Street and Goldencrest Drive, sold for an undisclosed sum, Toronto-based Avison Young announced Monday. Brokers from Avison Young’s Orange County office represented the buyer, a Southern California investor whose …

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Needles apartment complex sells for $2.2 million

Inland Empire Retail Properties Sold

An 81-unit apartment complex in Needles has been sold for $2.2 million. River Garden Apartments changed hands between two private investors whose names were not released, according to a statement released by CBRE, which represented the seller in the transaction. Located at 1970 Clary Drive, River Garden Apartments is comprised …

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Highland shopping center sold

A Highland shopping center with no anchor tenant has been sold. Highland Civic Center Plaza was purchased by a private investor in Los Angeles whose name was not released for $1.2 million, according to a statement released by Progressive Real Estate Partners in Rancho Cucamonga. The owner was an Inland …

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Corona industrial building fetches nearly $4 million

Avison Young Ontario has completed the sale of a 22,547-square-foot industrial building in Corona. The structure, at 1160 California Ave., sold for $3.98 million, according to a statement. The seller was a private party whose name was not released. The buyer was Sierra Way Industrial Partners LLC, a Redlands investment …

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