NAIOP Inland Empire’s annual golf tournament raised $10,000 for the Special Operations Warrior Foundation. About 150 real estate professionals from Riverside and San Bernardino counties played in the tournament, which was held May 1 on the Eisenhower Course at Industry Hills Golf Club in the City of Industry, according to …
Read More »Large tract of residential lots sold
WD Land has arranged the sale of 359 residential lots in Menifee. CV Communities bought Menifee Heights, a 70-acre parcel bordered by Holland and Briggs roads, from RCFC Investments LLC for an undisclosed sum, said David Harbour, senior land advisor with Irvine-based WD Land. The lots, which range from 6,000 …
Read More »La Verne to get pair of industrial buildings
A Pico Rivera firm will build two industrial buildings in La Verne. Chalmers Equity Group will develop a 50,000-square-foot and a 33,000-square-foot building at 1300 Palomares St., according to a report first published in the Inland Valley Daily Bulletin. The three-acre site is one block north of Arrow Highway and …
Read More »New homes in Upland
Upland-based homebuilder Frontier Communities has opened Magnolia Heights, a tract of 97 homes in that city. The community was officially opened May 1 with a ribbon-cutting ceremony that was attended by city council members and executives from Frontier Communities, including Jim Previti, the company’s president and chief executive officer, according …
Read More »Shopping center is sold
A shopping center anchored by a 24 Hour Fitness and a Dollar General store has been sold. Montclair Town Center, which runs from 9710 to 9886 Central Avenue, sold for $15.8 million, according to a statement. Montclair-ET LLC in Encino bought the property from Montclair Town Center LLC in Rancho …
Read More »Retail center sold
A two-building retail center in Fontana has been sold. The Shops at Sierra Lakes, which covers 21,615 square feet at 16943 and 16975 Sierra Lakes Parkway, sold for $7.8 million, according to Faris Lee Investments in Irvine, which helped negotiate the transaction. The sale was announced today. Tenants include 7-11 …
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