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Tag Archives: Real Estate

San Bernardino retail parcel changes hands

A property in San Bernardino occupied by a 7-Eleven convenience store has been sold for $7.7 million. The 1.2-acre parcel at 171 E. Redlands Blvd. was sold by Chase Partners Ltd. in Glendale, the project’s developer, to a private investor in Bakersfield whose name was not released, according to Hanley …

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Financing obtained for major industrial project

Financing has been arranged for the first phase of 6.6 million-square-foot industrial project that is being built in Fontana. CBRE Investment Management and Dallas-based Hillwood Investment Properties have secured approximately $756 million through Eastdil Secured to help finance construction of Speedway Commerce Center, according to a statement. The first two …

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New homes go on market in San Jacinto

Residential development for sale

KB Home has opened a tract of one- and two-story homes in San Jacinto. Rancho Madrina is at W. 7th Street and Foxglen Drive near Highways 74 and 79, according the Los Angeles-based residential developer. The site is also near Interstates 10 and 215, as well as several community parks …

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Increased density, commercial development build the Empire

Increased density, commercial development build the Empire

The Association of Corporate Real Estate Executives (ACRE) Inland Empire showcase was held at the Doubletree by Hilton in Pomona, Calif. last month with several Inland Empire cities participating including: the Town of Apple Valley, the cities of Fontana, Hesperia, Lake Elsinore, Murrieta, Menifee, Ontario, Moreno Valley, Redlands, Rancho Cucamonga, …

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Class-A Temecula office building sold

Sold Stamp

A Temecula office building has been sold for $13.8 million. The Tower Office Plaza was sold recently by Providence Real Estate Group to Level Asset Capital, a commercial real estate investment firm in Irvine, according to CBRE. “Office sales in the Temecula and Murrieta areas remain strong and are somewhat …

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U.S. housing market stays healthy

Nationwide housing prices take record jump

The U.S. housing market gained $2.4 trillion between the end of 2022 and the end of last year, according to a study release Feb. 28. The total value of U.S. homes increased 5.3 percent year-over-year, the largest increase in 11 months, and was up 13.3 percent – $5.6 trillion – …

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