A community shopping center in Moreno Valley has been sold. TownGate Center, which sits on 28 acres near Moreno Valley Mall, was sold to Brixton Capital of San Diego for $41.9 million, according to a report originally published in The Press-Enterprise. The sale closed last week. TownGate Center’s anchor tenants …
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San Diego-based KB Home Coastal Inc. has purchased an infill parcel in Murrieta. The 52 lots are on Jackson Avenue immediately south of the Interstate 15-215 crossing, said David Harbour, senior land advisor with WD Land in Irvine. Each lot is undeveloped and covers about 3,000 square feet. Cost of …
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A company that builds resort communities for seniors is developing a 75,000-square-foot project in Upland. Oakmont of San Antonio Heights is under construction on 3.2 acres at Euclid Avenue and 24th Street, near San Antonio Community Hospital and the Colonies Crossroads Shopping Center, according to a statement. Santa Rosa-based Oakmont …
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A pet food company has signed a 15-year lease on an industrial building near Ontario International Airport. The company, whose name was not released, will occupy a 108,700-square-foot building on five acres at 2400 E. Francis St., according to Colliers International. Value of the lease, which was announced Tuesday, is …
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NAIOP Inland Empire has appointed its 2014 leadership board. The 43-member board, which was announced Monday, will spend this year carrying out the chapter’s mission of promoting commercial real estate in Riverside and San Bernardino counties, while looking to help improve the region’s quality of life, according to a statement. …
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An Orange County homebuilder has bought 412 lots in the Inland Empire. TRI Pointe Homes in Irvine plans to build 262 detached homes and 162 town homes on those parcels, which are in Ontario, Riverside and the Corona area, according to a report originally published in The Press-Enterprise. The Ontario …
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IE Business Daily Business news for the Inland Empire.
