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Tag Archives: Real Estate

Strip mall sells for $6 million

A Fontana strip mall has been sold for $6 million. South Sierra Plaza was sold by a Los Angeles investor – also the project’s developer – whose name was not released, according to Progressive Real Estate Partners in Rancho Cucamonga. The buyer was also a Los Angeles-based investor who wished …

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Logistics project sells for $325 million

Sold Sign

A five-building logistics complex in Corona has been sold for $325 million, reportedly the largest sum ever paid for an Inland Empire warehouse distribution facility. The 730,000-square-foot Corona Lakeside Logistics Center was sold by Santa Monica-based Kearny Real Estate Co., the project’s developer, to a foreign investor whose name was …

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French Valley retail property sold

building sold

A 4,400-square-foot retail property in French Valley has been sold for $3.3 million. The site, at 35958 Winchester Road changed hands in an all-cash agreement between two Southern California investors whose names were not released, according to SRS Real Estate Partners’ National Net Lease Group in Newport Beach. SRS Real …

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Logistics project breaks ground

Ground has been broken on a 334,048-square-foot logistics facility in Fontana. The project, at the southwest corner of Banana and Santa Ana avenues, is being developed by Birtcher Development in Newport Beach and is expected to be completed in early 2024, according to a statement. Students from Southridge Tech Middle …

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So Cal home market has decent March

Southern California’s median home price in March was $705,000, a 2.1 percent year-over-year drop. Despite that decline, five of six counties had their median price rise between the second and third month of the year: San Bernardino (1.1 percent), Orange (3.6 percent), Los Angeles 4.4 percent, San Diego (5.2 percent),  …

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Retail site fetches $3.2 million

Sold Sign

A retail pad in Beaumont occupied by a Sherwin-Williams paint store has been sold for $3.2 million. The 4,000-square-foot property is at 1495 East 2nd Street next to San Gorgonio Village, a 78,000-square-foot shopping center, according to Woods Development Co., the project’s developer and now the former owner. Information about …

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