Tag Archives: Real Estate

A neighborhood shopping center in Corona has been sold. Temescal Village, a 102,976 square-foot facility 1181-1199 Magnolia Ave., was purchased for nearly $17 million by Passco Cos. in Irvine, which buys, develops and manages commercial and multi properties throughout the United States, according to a statement. Cushman & Wakefield’s Irvine …

April was definitely a seller’s month in the Southern California housing market. The median price of a home in the five-county region reached $485,000 last month, up 6.2 percent compared with April 2016, Irvine-based CoreLogic reported. Sales were another matter. A total of 20,244 new and resale houses and condominiums …

Airbus DS Communications Inc. in Temecula, which makes public safety communications systems, is consolidating. The company has signed a 12.5-year lease on a 106,760-square-foot industrial building at 41995 Zevo Drive, according to a statement. The lease is worth $21 million. The company will move its two Temecula operations into the …

An international import-export firm has agreed to occupy a 267,000-square-foot industrial building in Fontana. GoPlus Corp. recently signed a 63-month lease on the property at Vintage Park East Industrial Park, one of the more sought-after industrial locations on the Inland Empire’s west side, according to Colliers International. The agreement is …

Inland Empire residents are apparently getting better about paying their mortgages. Four point seven percent of all home mortgages in Riverside and San Bernardino counties were delinquent by at least 30 days in February, down from 5.3 percent in February 2016, according to data released by CoreLogic in Irvine. That …

Grandmarc at University Village, a student housing community near UC Riverside, has been sold. The 212-unit luxury facility at 3549 Iowa Road sold for $44.1 million, or $208,018 per unit, CBRE Group Inc. announced Monday. The buyer was Harmonia Hopkins, a Maryland-based investor in student housing. Hopkins plans to manage …