Riverside may develop a Korean-American Cultural Center that would be located at California Citrus State Historic Park. The city council recently approved a memorandum of understanding with the Ahn Chang Ho Memorial Foundation of the Americas to “explore” such a project, according to a statement on the city’s website. In …
Read More »Apartment complex sells for $6.8 million
A 41-unit apartment complex in Rialto has been sold for $6.8 million. A private investor whose name was not released bought the Jackson Apartments, adding to a portfolio that includes several other multifamily properties in the greater San Bernardino market, according to a statement released by CBRE. CBRE represented both …
Read More »Norco to get another hotel
A 108-room hotel is under construction in Norco. Tru by Hilton is being built at 3481 Hamner Ave., on a vacant parcel on the east side of the street, according to a statement on the city’s website. Approved by the city in 2019, the four-story hotel will be located immediately …
Read More »High Desert industrial building sells for $5.5 million
A High Desert industrial building occupied by General Dynamics Information Technology, Inc. has been sold. The 30,000-square-foot structure in the IE-North Commerce Center in Adelanto sold for $5.5 million, according to Graystone Capital Advisors, a full-service commercial real estate brokerage in Newport Beach. Graystone represented the seller, Frontier Enterprises, in …
Read More »State home sales stay down
Sales of existing single-family homes in California totaled 281,050 in March, the sixth consecutive month sales have fallen below 300,000, according to data released Tuesday. That number was one percent below February’s sales but 34.2 percent below March 2022, when sales of detached homes reached 427,000. The March sales numbers …
Read More »Engineering firm opens Ontario office
A statewide engineering and construction management firm has opened an Ontario office. Cordoba Corp. employs 53 people at its facility at 3105 Sedona, which it opened earlier this month, sad Debbie Kim, the company’s director of corporate communications. Founded in 1983, the Los Angeles-based company specializes in infrastructure in education …
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