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Tag Archives: Real Estate

State home sales drop

State home sales continue to decline

Sales of existing single-family homes in California reached 270,200 in June, down 0.8 percent from May and down 2.7 percent year-over-year, according to a study. Statewide, the median home price was $900,720, down 0.8 percent from May but up 7.5 percent, June 2023, the California Association of Realtors reported. During …

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Perris logistics project changes hands

IE manufacturing

A freestanding logistics center in Perris has been sold. Atlanta-based Core5 Industrial Partners recently sold the Rider Business Center to TA Realty LLC. In Newport Beach, according to a statement released July 10. Cost of the transaction, which was described as an investment purchase, was not disclosed. Rider Business Center …

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Industrial project planned for Chino

IE manufacturing

A Houston-based real estate development firm will build a 298,000-square-foot industrial facility in Chino. Schaefer Logistics Center will be built on 13.2 acres at 13610 Yorba Ave., with construction expected to start in the fourth quarter of this year and be completed by the end of 2025, according Lovett Industrial. …

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PREP negotiates to fast-food leases

Progressive Real Estate Partners in Rancho Cucamonga has negotiated two Inland Empire leases on behalf of a sandwich shop chain. Capriotti’s Sandwich Shop plans to open restaurants in Ontario and Murrieta this month,  according to a statement posted July 8 on Progressive’s website. The Ontario location at 920 N. Have …

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Inland homebuilder donates to affordable housing nonprofit

A Rancho Cucamonga-based homebuilder has donated $400,000 to National CORE, one of the country’s largest nonprofit affordable housing developers. The Previti Group, formerly known as Frontier Enterprises, made the donation to underscore the company’s commitment to “giving back” to the communities it serves, in particular the Inland Empire, according to …

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Inland retail broker arranges San Gabriel Valley sale

Progressive Real Estate Partners in Rancho Cucamonga has negotiated the sale of a San Gabriel Valley shopping center. The retail strip center at 532-540 N. Azusa Ave. in West Covina sold for $2.4 million in an all-cash transaction, according to a statement posted on Progressive’s website. Progressive represented the seller who …

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