Real Estate

A Moreno Valley shopping center has been sold for $8.3 million. Lakeshore Village Marketplace at 23575 Sunnymead Parkway was sold by Lakeshore Holdings LLC to a Southern California private investor whose name was not released, Newmark Knight Frank announced today. Newmark represented the seller. Multiple offers were submitted on the …

A company that operates two Indian specialty grocery stores in Artesia will open a new location in Riverside. Pioneer Cash & Carry has paid $1.75 million for space at a neighborhood shopping center at 9185 Magnolia, according to Progressive Real Estate Partners in Rancho Cucamonga. The 10,128 square-foot storefront is …

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 …

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 …

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 …

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 …