A shopping center in Murrieta has been sold. Bella Piazza, a 28,000-square-foot facility at Murrieta Hot Springs Road and Jackson Avenue, sold for $10.1 million, said Jerry Palmer, senior vice president with WestMar Commercial Real Estate in Temecula. The transaction, which took several months to complete, was announced Monday. Palmer …
Read More »
A 60,000-square-foot industrial building in Temecula has been sold and will be used for manufacturing and distribution. The structure sits on 1.2 acres about one mile from the Winchester Road on/off ramp, according to the San Diego office of Avison Young, a commercial reals estate brokerage. Avison Young represented the …
Read More »
A Los Angeles-holding company has purchased 229 lots in Ontario that will be used for residential development. DR Horton bought the 48-acre property bordered by Chino and Bellegrave avenues from Ontario Schaeffer Holdings LLC, an investment group, for an undisclosed sum, according to WD Land in Irvine, which arranged the …
Read More »
KB Home is scheduled to hold a grand opening today for Daybreak, a high-end housing development it plans to build in Moreno Valley. The project will consist of 114 one and two-story houses that will range from 2,100 to 2,800 square feet, with up to six bedrooms and three bathrooms, …
Read More »
A retail building in Colton once occupied by Kmart has been sold. The property at 1175 S. Mount Vernon Ave. was purchased for $5.3 million, according to a statement released Tuesday by CBRE Group Inc. The buyer, a private investor in Orange County whose name was not released, plans to …
Read More »
Four point three percent of all Inland Empire mortgages were delinquent by at least 30 days in September, a drop of 0.5 percent year-over-year, according to data released Wednesday. Inland mortgages in serious delinquency – 90 days or more past due – totaled 1.4 percent in September, down 0.3 percent …
Read More »
IE Business Daily Business news for the Inland Empire.
