Tag Archives: Real Estate

An ARCO gas station-AM/PM Convenience Store in Apple Valley has been sold for $7.9 million. That price includes both businesses and the land they’re located on at 15333 Rancherias Road, according to Progressive Real Estate Partners. Both the seller and the buyer are Inland Empire private investors who wished to …

A Rialto shopping center anchored by a Sprouts Farmers Market has been sold. Rialto Village, a 92,000-square-foot facility at Riverside Avenue and San Bernardino Boulevard just north of Interstate 10, was sold by NewMark Merrill Cos. Inc. to Langdon Street Capital, according to a statement. Calabasas-based NewMark Merrill developed the property, …

Two Inland Empire multifamily properties have been sold. Springbrook Park Apartments, a 120-unit complex at 1100 North Orange St. in Riverside, and Mayfield Park Apartments, an 83-unit complex at 345 West 41st St. in San Bernardino, sold recently for a combined $41.1 million, according to CBRE. CBRE represented the buyer …

A three-building commercial center in Yucaipa has been sold for $7 million. The Tower Plaza Commercial Center, a 39,422-square-foot facility at 34590–34664 County Line Road, was sold by one Inland Empire investor to another Inland Empire investor, according to Progressive Real Estate Partners in Rancho Cucamonga. Both parties wished to …

A three-story office building in Upland has been sold for $9 million. Stewart Plaza, a 46,527-square-foot Class A structure at 440 North Mountain Ave., was sold by Stewart Plaza Owner LLC, according to CBRE. The buyer was a local investor and a medical group, both of which wished to remain …

Fifteen percent of the home-buying contracts in the United States – approximately 53,000 homes – were canceled in September, according to a report. That practice, known as ghost selling, was up from 13.6 percent in September 2024, Seattle-based Redfin reported. Riverside recorded the sixth-largest rate, 17.9 percent, essentially unchanged year-over-year. …