Tag Archives: Real Estate

A 25-unit apartment complex in Palm Desert has sold for $4.5 million. El Paso Place, an 18,000-square-foot faculty at 73200 Tumbleweed Lane, sold to a private investor whose name was not released, CBRE announced. The building features 1 studio unit, 16 one-bedroom, one-bathroom units and eight two-bedroom, two-bathroom apartment. The …

Cushman & Wakefield has completed the sale of a three-acre site in Riverside that will be home to a self-storage business. The property, on Palm Avenue near downtown, has been approved for 77,000 square feet of Class A storage space, according to a statement. The buyer was Frontera Real Estate, …

Rincon Corporate Plaza, an office building in Corona, has been sold. The 58,850-square-foot structure at 355 E. Rincon St. sold for $11.8, CBRE announced in a statement. The seller was Providence Capital Group in San Diego. The buyer was ZHOPE LLC, a private investment group Corona. CBRE represented both parties …

A 198-unit apartment complex in Redlands has been sold for nearly $45 million. Citrus Grove Apartment Homes consists of 24 buildings that cover 169,000 square feet on 11.7 acres, according to a statement. The project, next to the University of Redlands at 1230 E. Lugonia Ave., sits on 11.7 acres. …

Three point seven percent of all mortgages in the United States were in some state of delinquency in August, including foreclosures, a modest year-over-year decline, according to data released Tuesday. The foreclosure inventory rate – which measures the number of mortgages in some phase of foreclosure – was 0.4 percent, …

A neighborhood shopping center in Rialto with two tenants has been sold. The property, at 630-660 W. Foothill Blvd., sold for $8.7 million, according to a statement. Built last year, the property’s two tenants are ALDI grocery and WSS, formerly known as Warehouse Shoe Sale. Combined, the two retailers cover …