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Tag Archives: Real Estate

Rancho Cucamonga office building sells

Sold Sign

A 127,000-square-foot office building in Rancho Cucamonga has been sold for $22.2 million. The two-story structure at 11000 Eucalyptus St. was sold by Mercury Casualty Co. to a buyer whose name was not released, according to a statement. The buyer plans to refurbish the building and lease it to San …

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Norco project nears completion

Norco officials expect a 21,000-square-foot multi-use facility under construction in the Ingalls Event Center to open in March. “The Barn, which is nearing completion on the north end of the 80-acre property, will replace three demolished pole barns that were used mostly for livestock events, according to a statement on …

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Residential homes slated for Upland

Residential homes slated for Upland

A developer has announced plans to develop single-family homes on a 4.8-acre site in Upland. The Landmark Co., which does business throughout Southern California, paid $6.5 million for the property at 1400 E. Arrow Highway near downtown Upland, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive helped negotiate …

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Apartment portfolio sells for $12 million.

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Three San Bernardino apartment buildings have been sold for a combined $12 million. The 79-unit portfolio is in the South Pointe neighborhood near downtown Loma Linda and is close to several universities, including Loma Linda University Medical Center, Cal State San Bernardino, and Cal Baptist University, according to a statement …

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Ontario apartment sells for $50.5 million

building sold

A 156-unit multifamily complex in Ontario has been sold for $50.5 million. The Landing Apartments was sold by the  Orange County family that has owned the property for 20 years, according to a statement. The Mogharebi Group, an investment real estate firm based In Costa Mesa, represented the seller. Information …

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State showing signs of a soft housing market

U.S. home prices record annual decline

Sales of existing single-family homes in California in April totaled 267,880, a decline of 4.7 percent from March and a drop of 36.1 percent year-over-year, according to a report. Statewide, the median home price last month was $815,340, up three percent from March and down 7.8 percent from April 2022, …

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