Nearly four percent of all U.S. mortgages were in some state of delinquency – at least 30 days or more past due – in September, a 2.4 percent year-over-year decrease, according to data released this week. Adverse delinquencies – 60 to 89 days past due – were at 0.3 percent in September, …
Read More »Jurupa Valley industrial building changes hands
Avison Young has negotiated the sale of a 139,000-square-foot industrial building in Jurupa Valley. The vacant structure at 10220 San Sevaine Way sold for $19.8 million. The buyer was a was Stos Partners, a real estate investment firm in San Diego. The seller was a private company whose name was …
Read More »Moreno Valley holding town hall meeting Wednesday
Moreno Valley residents are asked to participate in a telephone town hall meeting. The event, scheduled for 6 p.m. and 7 p.m. Wednesday, will be a talk radio-style forum in which Mayor Yxstian Gutierrez will answer questions, according to a statement. This is a great opportunity to ask me about …
Read More »Foreign investor buys Ontario apartment complex
A 75-unit apartment complex in Ontario has been sold for $28 million. The property, at 840 Magnolia Ave., was purchased by a private foreign investor whose name was not released, according to CBRE Ontario, which brokered the deal. The seller was a private investor who also wished to remain anonymous. …
Read More »New Jersey company buys Inland cold storage facility
A cold storage/manufacturing facility in Colton has been sold for $7.5 million. The 45,000-square-foot operation at 1750 N. 8th St was purchased by Integreon Global LLC in New Jersey, according to a statement released by Avison Young. Avison Young represented Integreon Global in the negotiations. The seller, Modu Food Factory, …
Read More »Survey says most Ontario residents like their city
A majority of Ontario residents believe their city is a good place to live. Eighteen percent called the city an “excellent” place to live, while 58 percent declared it a “good place” to establish residence, according to a “Resident Satisfaction Survey” conducted by the city in May. Twenty-one percent rated …
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