Real Estate

A mixed-use property in downtown Redlands has been sold for $3.5 million. The Feldkamp family bought the property at 21 W. Stuart Ave., a two-building site in the city’s packinghouse district, according to CBRE. The seller was a private investor whose name was not released. CBRE represented both parties in …

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 …

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 …

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, …

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 …

A food manufacturer has bought a high-tech food production facility in Perris. RM5 Holdings, LLC, an entity of Jimenez Foods Inc., paid $8.09 million for the building at 20343 Harvill Ave., according to Avison Young. The seller, represented by Avison Young, was a pet food manufacturer whose name was not …