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Tag Archives: Real Estate

Perris industrial space leased

Industrial building near ONT leased

An unidentified tenant has leased 809,000 square feet of space in an industrial building in Perris. The structure at 450 E. Rider St. is part of the Rider Logistics Center, east of Interstate 215 and south of the Ramona Expressway, according to a statement. Terms of the agreement were not …

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Buying a home remains out of reach for most Californians

Only 18 percent of Californians could afford the state’s median price of a detached single-family home in 2024, down from 19 percent the year before, according to the California Association of Realtors. Assuming a 20 percent down payment, the median price – $865,440 – a minimum annual income of $221,200 …

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Harbor Freight Tools site sold

Sold Stamp

A property in Hemet occupied by Harbor Freight Tools has been sold for $2.2 million. The 20,500-square-foot store at 1735 W. Florida Ave. sits on a 1.1-acre site and was renovated two years ago, according to Avison Young, a commercial real estate firm based in Toronto. The company’s Los Angeles …

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Residential community planned for Ontario

Residential community planned for Ontario

A Dallas-based homebuilder will develop a 70-unit community in Ontario. Landsea Homes recently closed escrow on the lots that will make up The Canopy at 1355 W. 5th St., according to a statement. The community will be made up of three-story homes, with floor plans ranging from 1,532 to 1,739 square …

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Chino industrial building changes hands

IE manufacturing

An industrial building in Chino has been sold for $10.5 million. The 32,800-square-foot standalone structure at 13595 12th St. is near the 60 an 71 freeways, according to a statement. Names of the buyer and seller were not released. Lee & Associates represented both parties in the transaction. The sale …

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State housing market dips slightly

State home sales continue to decline

California’s housing market slipped slightly in March compared with the previous month, perhaps a sign of potential buyers holding back because of concerns about the economy’s immediate future. Statewide sales of existing single-family homes last month totaled 277,030, down 2.3 percent in February but up 4.9 percent year-over-year, according to …

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