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Tag Archives: Real Estate

Tech building sold

Inland Office Market Improves.001

The longtime Pomona home of an aerospace and defense contractor has been sold. Garey Tech Center, which has been occupied by Hamilton Sundstrand since the building opened in 1962, sold for $16.5 million, according to Colliers International. Colliers represented both parties in the transaction: the Lincoln Property Company and Morgan …

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Office building fetches $7.1 million

Inland Empire Businesses Coach Next Generation.002

A Class-A office building in Corona has been sold. The three-story structure sold recently for $7.1 million and was a little more than half occupied when escrow closed, according to a statement released this week. Avison Young’s Irvine office represented the buyer, Providence Capital Speed Fund II LLC, which is …

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Home sales struggle statewide

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Sales of single-family homes in California were down in March compared with the previous year, mostly because of a drop in inventory, according to the California Association of Realtors. About 367,000 single-family homes were sold in March statewide, the highest number of sales recorded in four months, according to the …

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Inland industrial market still solid

Inland Office Market Improves.001

The Inland industrial market stayed strong during the first quarter of 2014, with sales and leasing activity totaling nearly six million square feet. That represented a drop of about 1.3 million square feet year-over-year, but that can be attributed to a reduction in desirable industrial space within Riverside and San …

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Housing woes continue

Warehouse Deal Approved As Property Values Drop.001

The housing market continued to struggle during March, both regionally and locally.   In Southern California, 17,638 single-family homes were sold last month, a 14.3 percent drop year-over-year, according to the monthly housing report released today by DataQuick Information Systems in La Jolla.   They were also the lowest sales …

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Retail center changes hands

Inand Empire Businesses Ramp Up for Holiday Shopping.002

A retail center in San Dimas has been sold to a group of private investors. The property, a strip center at 702 W. Arrow Highway, sold for $4.8 million, said Frank Vora, an investment sale specialist with Progressive Real Estate Partners in Rancho Cucamonga. The seller was R&N Partners LLC …

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