A recently built car wash in Lake Elsinore has been sold for $3.4 million. Super Star Express Car Wash at Central and Cambern avenues was sold by Evergreen Devco, Inc. to a private investor who declined to be identified, according to Hanley Investment Group in Corona Del Mar. Hanley Investment …
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A 98-unit multifamily complex in Riverside has been sold for $34.5 million. Turtle Creek Apartments at 4826 Van Buren Blvd. was sold by Turtle Creek Residential LLC to SC El Camino LLC, according to CBRE. CBRE represented both parties in the transaction, which was completed after a one-year assumption from …
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Progressive Real Estate Partners in Rancho Cucamonga has negotiated the sale of a retail building in Bakersfield occupied by an AutoZone. San Diego-based Torrey Financial Group sold the building for $2.6 million to a Los Angeles investor who declined to be identified, according to Progressive. Progressive represented both parties in …
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Home sales in California rose slightly year-over-year in July, the fourth consecutive month of growth in that category. At the same time, sales of existing single-family home sales – 253,170 – dropped six percent compared with June, their lowest point in six months and the 46th consecutive month that number …
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Home builders and industrial developers who have been saying for years that California’s environmental laws are too extreme have a chance to change that. Proposition 45 – official name the Building and Affordable Care Act – would make changes to the California Environmental Quality Act, a state law that requires …
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A building in Lake Elsinore occupied by an LA Fitness has been sold for $11.7 million. The structure at 18550 Dexter Ave. is part of the Central Crossroads Shopping Center, one of the city’s most popular shopping destinations, according to RealSource Group, a national commercial real estate brokerage. RealSource Group …
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IE Business Daily Business news for the Inland Empire.
