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Tag Archives: Real Estate

Shopping center sells for $8.4 million

A 20,600-square-foot neighborhood retail center in Chino has been sold. Chino Village sold recently for $8.4 million, along with 2.5 acres of open space next door that is ripe for development, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive marketed the property at 4103 Riverside Drive and represented the …

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State housing affordability drops

Eighteen percent of California households could afford a median-priced home – $829,760 – during the third quarter, according to the California Association of Realtors. That was up 16 percent from the second-quarter of this year but down from 24 percent compared with the third quarter of 2021, the Los Angeles-based …

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Target to take over part of former Kmart building

Target will occupy 70,000 square feet of space in Ontario formerly used by Kmart. The retail chain has leased space in the Vineyard Freeway Center, 1670 E. Fourth St., according to Progressive Real Estate Partners in Rancho Cucamonga. Terms of the agreement were not disclosed. Progressive marketed the property next …

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Upland industrial buildings are sold

Sold Spelled in Tiles

A Los Angeles real estate investment and development firm has purchased 11 industrial buildings in Upland. Dunleer LLC paid $8 million for the structures at 928, 1004 and 1024 9th Street, which are less than a quarter of a mile from Interstate 10 and near Ontario International Airport, according to …

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Inland office market has positive quarter

The Inland Empire office market absorbed 77,756 square feet space in the third quarter, bringing the region’s net absorption for the first nine months of the year to nearly 289,000 square feet, according to data released this week. Rents leveled after six months of consecutive growth, dropping one cent to …

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Home prices continue to grow

Nationwide housing prices take record jump

U.S home prices grew 11.4 percent in September compared with exactly one year earlier, the fifth straight month of year-over-year growth, according to data released Tuesday. Most of that growth, which includes properties in some state of foreclosure, happened in the southeast United States, Irvine-based CoreLogic reported. Month-over-month sales increased …

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