A retail pad in Beaumont occupied by a Sherwin-Williams paint store has been sold for $3.2 million. The 4,000-square-foot property is at 1495 East 2nd Street next to San Gorgonio Village, a 78,000-square-foot shopping center, according to Woods Development Co., the project’s developer and now the former owner. Information about …
Read More »Coffee drive-thru sells for $1.9 million
A drive-thru coffee restaurant in Beaumont has been sold for $1.9 million. Dutch Bros. Coffee Drive-Thru opened April 28 at Highland Springs Avenue and 8th Street and was sold the next day, according to Hanley Investment Group Real Estate Advisors in Corona del Mar. Hanley Investment represented Evergreen Development, the …
Read More »Former SB councilman reflects on the end of Carousel Mall
Jim Mulvihill, who represented San Bernardino’s seventh ward from 2013 to 2020, attended the mall’s demolition ceremony on April 24 and said afterward that he approved of what he saw, and what the city wants to do with the 43-acre downtown site. “Ten years from now, I think you’ll see …
Read More »Progressive Real Estate brokers named among Inland’s best in 2022
Five brokers with Progressive Real Estate Partners in Rancho Cucamonga have been named among Inland Empire’s top retail brokers by CoStar, the real estate information and analytics firm in Washington, D.C. Monica Dal Bianco-West, Paul Galmarini, Roxy Klein, Albert Lopez, and Paul Su all received a CoStar’s Power Broker Award …
Read More »Mortgage delinquencies stay low
Only three percent of U.S. mortgages were in some stage of delinquency in February, down 0.4 percent year-over-year but a slight increase – 0.2 percent – from January, according to data released today. One point four percent of all mortgages were 30 to 59 days past due in February, unchanged …
Read More »CVB Financial reports sold first quarter
CVB Financial Corp. reported net income of $59.3 million for the first quarter of 2023, down from $66.2 million for the fourth quarter of 2022 but up from $45.6 million year-over-year, according to data released last week. The Ontario-based financial institution also reported earnings of 42 cents per share for …
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