Thursday , March 28 2024
Breaking News

Real Estate

Local real estate broker helps with out-of-state school sale

Sold Sign

Progressive Real Estate Partners in Rancho Cucamonga has helped broker the sale of a preschool in Glendale, Ariz. Sunrise Preschool sold for $2.5 million in an all-cash transaction, according to a statement posted on Progressive’s website. Progressive, along with S.J. Fowler Real Estate in Mesa, Ariz., represented the seller, an …

Read More »

Report: serious delinquencies hit six-year high

Inland manufacturing sector reaches growth milestone

An estimated 6.6 percent of all U.S mortgages were in some state of delinquency in August, according to a recent report.  That was nearly a three percent year-over-year increase in the number of residential units that were at least 30 days past due, Irvine-based CoreLogic reported in its monthly Loan …

Read More »

Site of Norco fast-food restaurant sold

building sold

The site of a fast-food restaurant in Norco has been sold $2.6 million. The Taco Bell restaurant, at 1460 Sixth St., opened recently after signing a 25-year ground lease, according to a statement released by SRS Real Estate Partners’ National Net Lease Group in Newport Beach. SRS National represented the …

Read More »

CBRE secures four leases at Shea Center

Dermody signs Eastvale tenant

Four companies have leased a combined 731,712 square feet of industrial space in Corona. Columbia Aluminum Products, Tyger Auto, Mascot International Logistics and Web Deal Direct have agreed to occupy the space at Shea Center West, which was completed earlier this year, according to a statement released by CBRE. All …

Read More »

Colton industrial park changes hands

Sold Sign

A six-building industrial park in Colton has been sold. La Crosse Business Park, 2273-2278 La Crosse Ave., sold for an undisclosed sum to an Orange County investor whose name was not disclosed, according to a statement. Avison Young represented the buyer. NAI Capital represented the seller, a Los Angeles investor …

Read More »

Housing market stays up

California’s housing market remained relatively healthy in October, as sales and prices recorded year-over-year double-digit increases thanks to low mortgage rates. Sales of existing single-family homes totaled 484,510 last month, a 1.9 percent increase compared with October 2019, according to the Los Angeles-based California Association of Realtors.  Statewide, the median …

Read More »