Real Estate

Newcastle Partners will soon start construction on three industrial buildings in the Inland Empire. The buildings – one in Redlands and two in unincorporated Riverside — combined will cover 824,300 square feet and be built without signed tenants, according to a statement. The projects are: Redlands Commerce Center, a joint-venture …

Foothill Village, a 25,000-square-foot unanchored retail center in Fontana, has been sold. The property at 14755 Foothill Blvd. changed hands for $5.3 million, according to a statement released by Progressive Real Estate Partners in Rancho Cucamonga. Progressive marketed the property and represented buyer and seller, both of which were Los …

An 18,000-square-foot building in Norco occupied by a Grocery Outlet has been sold. The property, at 1428 Sixth St, was exchanged for $6 million, according to a statement released by SRS Real Estate Partners’ National Net Lease Group.  SRS Real Estate represented the seller, a local developer whose name was not …

Nationwide home prices rose nearly six percent in August year-over-year, according to data released Tuesday. Consumers are continuing to purchase single-family homes despite COVID-19, which has helped keep mortgage rates low, Irvine-based CoreLogic reported in its monthly assessment of U.S housing prices. Inventory, however, continues to drop, falling 17 percent …

A self-service car wash has leased a 30,000 square-foot parcel near Ontario Mills. Fast5Xpress will set up shop on the property near the junction of Interstates 10 and 15, according to Progressive Real Estate Partners in a statement. Evergreen Devco in Glendale is the property owner. Financial details of the …

Progressive Real Estate Partners has negotiated the sale of a 1.2-acre commercial pad in Perris. The property, in the Ramona Marketplace at Ramona Expressway and Brennan Avenue, sold for $1.3 million, according to a statement posted on Progressive’s website. The parcel, designed for a drive-thru tenant, is the last property …