KB Homes is holding the grand opening of a community of homes in Perris. Rockridge is at Walnut Avenue and Sherman Road, near Interstate 215, Highway 74, and several of Riverside County’s major employment centers, including Riverside University Health System, according to a statement. The one- and two-story homes at …
Read More »PREP negotiates LA County lease
Progressive Real Estate Partners in Rancho Cucamonga has negotiated a lease in the San Gabriel Valley on behalf of an Asian-themed variety store. MINISO has signed a 10-year lease to locate in a former Chase Bank building in Bixby Hacienda Plaza, 17247 Colima Road, according to a statement on Progressive’s …
Read More »California housing market slows
The state’s housing market slowed in May, the result of high mortgage rates, concerns about tariffs and a general anxiety about the economy. Sales of existing single-family homes in California totaled 254,190 last month, down 5.1 percent from April and a four percent decline year-over-year, according to the California Association …
Read More »Progressive brokers AutoZone property sale
Progressive Real Estate Partners in Rancho Cucamonga has helped negotiate the sale of a building in Pomona occupied by AutoZone. The 30,000-square-foot structure at 601 E. Holt Ave, which is also a distribution center for nearby stores, sold for $5.7 million, according to a statement on Progressive’s website. Progressive marketed …
Read More »New homes planned for Apple Valley
A Texas-based homebuilder will develop 128 single-family homes in Apple Valley. Ocotilla Ranch will be built by LGI Homes, which constructs homes priced for first-time homebuyers, according to a statement on the High Desert town’s website. The Apple Valley project will offer five floor plans and be built on lots …
Read More »Colton industrial park to offer tax savings
A four-building industrial park that will come with some rare tax benefits is under construction in Colton. The Colton Commerce Center will cover 182,123 square feet at 2245 W. Valley Blvd, according to JLL, which is marketing the project. Buildings will range from 40,000 to 50,000 square feet, and will be …
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IE Business Daily Business news for the Inland Empire.