Tag Archives: featured

Moreno Valley now has a second electric vehicle manufacturer. AYRO Inc., is now working alongside Karma Automotive at its facility at 17100 Perris Blvd., according to a statement on the city’s website. “AYRO is exactly the kind of forward-thinking company we want in Moreno Valley,” said Mayor Yxstian Gutierrez in …

Ontario Ranch, a 20-acre master-planned community in southern Ontario, has been sold to an Orange County firm that plans to develop a major retail project there. Wood Investment Cos. in Costa Mesa paid $18.5 million for the project, reportedly the largest master-planned community in Southern California, according to a statement …

Victorville is trying to help residents who are having difficulty paying their utility bills because of COVID-19. The city council voted unanimously to spend $2 million of its allotment from the American Rescue Plan Act of 2021 to fund its Utility Bill Assistance Program, according to a statement on the …

A 44-unit apartment complex in Riverside has been sold for $8.3 million. Ramona Oaks Apartments, 3401 Ramona Drive, is a six-building property that features 20 one-bedroom, one-bathroom units and 24 two-bedroom, one-bathroom units, according to CBRE. The buyer and seller were both private investors whose names were not released. CBRE …

A 79-unit apartment complex in San Bernardino has been sold for $18 million. Multiple offers were made on the 35-year-old project at 160 E. Parkdale Drive, according to The Mogharebi Group, the brokerage firm that negotiated the transaction. Buyer and seller were both private investments groups in Los Angeles whose …

An Orange County company that develops and invests in industrial real estate in Southern California has purchased a facility in Rancho Cucamonga. Alere Property Group in Newport Beach bought the warehouse distribution facility at 8700 White Oak Ave. for an undisclosed sum, according to a statement. Built-in 2000, the 72,051 …