An industrial building in Chino has been sold for $10.5 million. The 32,800-square-foot standalone structure at 13595 12th St. is near the 60 an 71 freeways, according to a statement. Names of the buyer and seller were not released. Lee & Associates represented both parties in the transaction. The sale …
Read More »State housing market dips slightly
California’s housing market slipped slightly in March compared with the previous month, perhaps a sign of potential buyers holding back because of concerns about the economy’s immediate future. Statewide sales of existing single-family homes last month totaled 277,030, down 2.3 percent in February but up 4.9 percent year-over-year, according to …
Read More »Inland industrial vacancy declines
The Inland Empire industrial market had a solid first quarter this year, posting positive net absorption and decreasing vacancy for the first time since the third quarter of 2022, according to a report. While the market showed signs of a recovery during the first three months of 2025, “declining lease …
Read More »Office building fetches $6.2 million
A two-story office building in Rancho Cucamonga has been sold for $6.2 million. The structure at 9421 Haven Ave. was sold to a local buyer, according to CBRE, which helped negotiate the sale. Names of the buyer and seller weren’t released. “We are thrilled to have facilitated the sale of …
Read More »KB Home opens in Perris
KB Home has opened a community in Perris. Rockridge is at Walnut Avenue and Sherman Road, near I-215 and the 74 Freeway, according to the Los Angeles-based homebuilder. The development offers one- and two-story homes with up to five bedrooms and three-and-a-half baths. Prices start at $580,000. Model homes are available …
Read More »Riverside industrial facility sells for $257 million
A 900,000-square-foot warehouse-distribution facility in Riverside has been sold for $257 million. Built in 2019, the building at 21600 Cactus Ave. was sold by BlackRock, a global asset management firm, to Burlington Distribution, an affiliate of Burlington Stores, according to a statement. Colliers represented Burlington Distribution, and CBRE represented BlackRock, …
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