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Tag Archives: Real Estate

KB Homes plans more product for IE

KB Home will develop 51 single-story homes in southwest Riverside County. The project, called Alure,will be built in French Valley on property near Interstates 15 and 215 and Highway 79, convenient to Murrieta, Wildomar and downtown Temecula, according to a statement by the Los Angeles-based homebuilder. Alure will have three …

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Inland industrial market expected to remain strong in 2018

QVC Opens Inland Empire Logistics Facility

Whether it stays as hot as it’s been the past two years remains to be seen, but the IE figures to keep getting more than its share of logistics development during the upcoming year. The Inland Empire industrial market absolutely sizzled during 2017. During the third quarter, the most recent …

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Shopping center fetches $10 million

Inland retail shows growth

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 …

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Industrial building sold

Industrial Project

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 …

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Homes planned for Ontario

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 …

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KB Home to host grand opening

Hillside development to be studied

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, …

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