A dental office building in Palm Desert has been sold for $4.3 million. The property, at 72415 Park View Drive, consists of a 9,257 square-foot building that sits on 1.5 acres, according to CBRE. CBRE represented the buyer, Wilson Meade Commercial Real Estate in Rancho Mirage represented the seller. Both parties …
Read More »Moreno Valley shopping center, adjacent property sold
A Moreno Valley shopping center has been sold for $8.3 million. Lakeshore Village Marketplace at 23575 Sunnymead Parkway was sold by Lakeshore Holdings LLC to a Southern California private investor whose name was not released, Newmark Knight Frank announced today. Newmark represented the seller. Multiple offers were submitted on the …
Read More »IE manufacturing slows a little, but is still healthy
Inland Empire manufacturing continued to expand in July, continuing a trend of steady growth ongoing for nearly one year. The region’s purchasing managers index was 60.7 last month, according to data released today by the Institute of Applied Research and Policy Analysis at Cal State San Bernardino. That was the …
Read More »Water conference returns
After one year as a virtual event, the annual Southern California Water Conference is returning to Ontario. This years’ event is scheduled to be held from 8 a.m. to 1 p.m. Aug. 13 at the Doubletree Hotel in Ontario, 222 N. Vineyard Ave. The Building Industry Association of Southern California …
Read More »Indian specialty grocery store to open first Inland location
A company that operates two Indian specialty grocery stores in Artesia will open a new location in Riverside. Pioneer Cash & Carry has paid $1.75 million for space at a neighborhood shopping center at 9185 Magnolia, according to Progressive Real Estate Partners in Rancho Cucamonga. The 10,128 square-foot storefront is …
Read More »Office building sells for $11.4 million
A Las Vegas investment firm has sold an office building in Riverside. Dornin Investment Group sold the property at 3550 Vine St., for $11.4 million to a private investor whose name was not released, according to a statement. The three-story building covers a little more than 46,000 square feet. It was …
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