Saturday , April 13 2024
Breaking News

Real Estate

Palm Springs mixed-use parcel sold

A residential retail property in downtown Palm Springs has been sold for $7.3 million. New Dawn Enterprises LLC purchased the 21,000-square-foot parcel at 803 N. Palm Canyon Drive from 803 N. Palm Canyon Holdings, according to CBRE’s Ontario office. “This was … a buyer who truly appreciates the opportunity of …

Read More »

State home sales stay down

Higher interest rates continued to disrupt California’s housing market in October, according to data released on Nov. 20. Sales of existing single-family homes totaled 241,770 in October, down only 0.3 percent from September and down nearly 12 percent year-over, the California Association of Realtors reported. Those numbers take into account …

Read More »

Residential development breaks ground in Ontario

A 91-unit residential development is under construction in Ontario. “Dusa” is being built southeast of downtown near Haven Avenue West and Chino Avenue, according to Landsea Homes in Dallas, the project’s developer. The project, which broke ground recently, will consist of 95 single-family homes ranging from 2,027 to 2,317 square …

Read More »

Tesla building sold

Tesla building sold

A Riverside building occupied by Tesla has been sold for $21 million. The 53,100-square-foot building is used by the automotive and clean energy company as a sales, service and delivery center, according to a statement. The building sits on a 10.3-acre parcel of land at 7920 Lindbergh Dr, west of …

Read More »

San Bernardino industrial project sold

San Bernardino industrial project sold

A nine-building industrial project in San Bernardino has been sold for $9.2 million. San Bernardino Industrial Center at 360-458 E. Rialto Ave. sold recently for $175 per square foot, according to a statement. CBRE represented the seller, a partnership between Birtcher Anderson and Davis and Belay Investment Group. The 52,600-square …

Read More »