Tag Archives: featured

A 162,000-square-foot shopping center in Rancho Mirage has been sold. Rancho Las Palmas, which sits on 15 acres at at 42240-42540 Bob Hope Drive, was sold recently for an undisclosed sum, according to a statement. DRA Advisors, a New York-based real estate investment company, and Paragon Commercial Group, a retail …

Ontario International Airport has added a restaurant. Mi Casa Cantina opened recently in Terminal 4, part of the airport’s ongoing expansion and upgrade of its food and beverage operations, according to a statement on the airport’s website. The Ontario International Airport Authority is undertaking that transformation with SSP America, which …

The San Manuel Band of Mission Indians has donated $500,000 to a Riverside medical clinic operated by UCR Health that assists homeless people. The Hulen Place Clinic provides primary care, mental health services, immediate non-emergency medical services and preventive medical care, among other services, according to a statement on the …

A 340,000-square-foot industrial facility in San Bernardino has been sold. Dallas-based Dalfen Industrial bought the project at 4982 Hallmark Parkway from Bixby Land Co. in Newport Beach, according to a statement. Cost of the transaction was not disclosed. JLL represented both parties in the negotiations. The warehouse-distribution facility is fully …

Progressive Real Estate Partners in Rancho Cucamonga has negotiated the sale of a Los Angeles strip mall. The 7-11-anchored facility at 728 W. Vernon Ave. sold for $3.5 million in an all-cash transaction, according to Progressive. The buyer and seller were both private investors in Los Angeles County whose names …

CVB Financial Corp. has reported a net income of $48.6 million for the first quarter of 2024, essentially unchanged from the previous quarter but down from $59.3 million in first quarter of 2023. Earnings per share were 35 cents during the first quarter, unchanged from the fourth quarter of 2023 …