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San Bernardino project sells for $6.7 million

San Bernardino project sells for $6.7 million

A multi-tenant commercial project in San Bernardino has been sold for $6.7 million. The 44,290 square-foot “flex center” at 165 E. Hospitality Lane is part of the Tri City Commercial Hub/Hospitality Lane District, one of the Inland Empire’s most popular commercial centers, according to Progressive Real Estate Partners in Rancho …

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Ontario multifamily sold

Ontario multifamily sold

Willow Townhomes, a 39-unit multifamily building in Ontario, has been sold for $17.4 million. The new project at 221 N. Mountain Ave., was sold to a foreign investor whose name was not released, according to a statement. CBRE represented the seller, 221 N. Mountain Ave. Holding LLC, in the transaction. …

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Raising Cane’s property sold

Sold Stamp

A Riverside property occupied by a Raising Cane’s restaurant has been sold for $6.8 million. The 1.3-acre parcel at 4100 Central Ave. was sold to a Southern California developer whose name was not released, according to SRS Real Estate Partners in Newport Beach. The seller was a Washington developer who …

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Ontario multifamily development gets financing

Inland multifamily: occupancy flat, absorption up

Financing has been secured for construction of a 384-unit multifamily project in Ontario. Marcus & Millichap Capital Corp. has negotiated $107 million for the development of Adept Ontario at 4117 E. Concours St., according to a statement. The project next to Toyota Arena will include several digital media signs and 26,000 …

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Riverside is conducting a vendor survey

Survey respondents says Ontario is a good place to live

Riverside is asking the people it does business with how it can do a better job. The city’s purchasing division is surveying its vendors – past, present, and some it may hire in the future – to find out how it can improve its purchasing and contracting practices, according to …

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Alaska Airlines makes Palm Spring – Portland flights year-round

Palm Springs International Airport

Alaska Airlines is offering year-round flights from Palm Springs International Airport to Portland International Airport. That service normally ends in June but is being extended to 12 months, according to a statement on Palm Springs’ website. Palm Springs International now offers 14 year-round routes on nine airlines, the most in …

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