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Riverside apartments change hands

Apartment Building in Riverside

Two apartments in Riverside have sold for $2.9 million. Located at 3459 Fourth St. and 3407-3415 Kansas Ave, the properties feature eight one-bedroom and eight two-bedroom units, each with one bathroom, according to CBRE, which brokered the transaction. The Fourth Street property is a two-story building that recently had its roof …

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Newmark negotiates lease renewal and expansion for DSW Distribution

Newmark negotiates lease renewal and expansion for DSW Distribution

Newmark Group Inc. has negotiated a lease renewal on behalf of DSW Distribution Center Inc., the cold-storage provider, at its Rancho Cucamonga headquarters. DSW will remain at the Lincoln Distribution Center, 8858 Rochester Ave. in Rancho Cucamonga. DSW stores and distributes food and pharmaceutical products from the 164,975 square-foot building. …

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Emporio Sushi to open first Inland Empire location in Fontana

Emporio Sushi to open first Inland Empire location in Fontana

A sushi restaurant has leased the last space at Fontana Plaza East. Emporio Sushi will occupy 3,084 square feet at the neighborhood shopping mall at 9765 Sierra Ave., according to Progressive Real Estate Partners in Rancho Cucamonga, which negotiated the transaction. This will be Emporio’s third restaurant and its first …

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Nationwide housing prices take record jump

Nationwide housing prices take record jump

U.S. housing prices rose 18 percent in July, the highest year-over-year increase since 1976, according to data released today. That increase was fueled by low mortgage rates, low supply and a rebounding economy, according to Core Logic’s  Home Price Index Report for the seventh month of the year. Expected increases …

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Seven Inland Empire multifamily properties change hands

Seven Inland Empire multifamily properties change hands

CBRE has completed sales of seven multifamily properties in the Inland Empire worth a combined $14.4 million. The buyers are all private investors attracted to the two-county region because rents there are rising, according to a statement released Monday. Names of buyers and sellers were not made public. The properties …

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Murrieta Hot Springs will be a spa and resort once again

Desert Hot Springs will be a spa and resort once again

A Bible college and Christian retreat house for the last 26 years, the 46-acre site has been sold. Plans are barely in the works, but the new owners are committed to making the property a tourist designation again, much to the delight of Murrieta officials and southwest Riverside County.    …

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