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Real Estate

Progressive Real Estate named mall’s leasing agent

Third-party logistics company lands in Fontana

Progressive Real Estate Partners has been placed in charge of leasing at Corona Hills Plaza in Corona. Tenants at the 489,000-square-foot regional shopping center at McKinley Avenue next to the 91 Freeway include Costco, Home Depot, 99 Ranch Market, Ross, TJ Maxx, Big 5, and Home Depot, according to a …

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Housing lots will be part of master-planned community

Two hundred and fifty single-family housing lots in Menifee that are ready for development have been sold. IHP Capital Partners in Newport Beach sold those properties to homebuilder Richmond American Homes in Denver, builder of the Braverde master-planned community, according to a statement. Financial details were not released. Braverde is …

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E-commerce returns expected to hit record levels

E-commerce returns are expected to put extreme pressure on the nation’s supply chains this holiday season and increase demand for industrial space, according to CBRE. Returns of goods purchased during Christmas could reach $70.5 billion, a 73 percent increase above the previous five-year average, CBRE reported in a study. E-commerce, …

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Serious delinquencies level off

Six-point three percent of all U.S. mortgages were in some state of delinquency in September, a 2.5 percent increase from exactly one year earlier, according to a report. Early-stage delinquencies – 30 to 59 days past due – were down slightly year-over-year, while adverse delinquencies – 60 to 89 days …

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