CBRE and CenterPoint Properties are marketing a 1.6-million-square-foot industrial property in Ontario. The property, at 5600 E Airport Road, includes 13,771 square feet of office space and plenty of parking, with 954 trailer spaces and 580 car stalls., according to a statement. “We are incredibly excited about the opportunity to …
Read More »Riverside apartment sells
A 36-unit apartment complex in Riverside has been sold. The property, at 3801 Madison St. and 7469 Magnolia Ave., sold for $5.5 million to a local buyer whose name was not released, CBRE announced Tuesday. The seller, from San Diego, also was not identified. The corner complex had not changed …
Read More »Retail building near Ontario Mills changes hands
A two-tenant retail building in Ontario has been sold for $4 million. The building, at 961 N. Milliken Ave., is occupied by Assure Dental and Verizon Wireless and is near a Sam’s Club, according to a statement. Hanley Investment Group Real Estate Advisors in Corona Del Mar represented buyer and …
Read More »Credit union looks to expand
Chaffey Federal Credit Union has purchased a 4,080-square-foot building in Upland that it will use for expansion. The structure, at 1014 W. Foothill Blvd. sold for $1.2 million, according to a statement released by Avison Young. Steven’s Hope for Children, a non-profit that occupies space the building, was the seller. …
Read More »COVID-19 plays havoc with office market
People will eventually return to the office, and when they do, the office is going to look a lot different. Some who have discovered the advantages of working at home won’t want to return. Sooner or later, the COVID-19 crisis will pass and workers will return to the office. Some …
Read More »SCLA announces three leases
Three leases, including an extension on a large manufacturing facility, have been signed at the Southern California Logistics Airport in Victorville. Boeing Co. signed a five and a half year agreement to occupy a 60,400-square-foot building there, according to a statement released by Stirling Enterprises, primary developer at the airport. …
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