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Tag Archives: Real Estate

Home prices continue to grow

Nationwide housing prices take record jump

Home prices nationwide grew 18.3 percent in June, the 125th consecutive month of year-over-year price growth in the U.S. housing market, according to data released this week. Despite that, price appreciation slowed from the previous month for the second consecutive month, a sign of reduced buyer demand caused by higher …

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Seniors-only community in Rancho Cucamonga sold

A multifamily project in Rancho Cucamonga restricted to people 55 years old and older has been sold. The Village on 5th, a 264-unit property at Fairway View Place, changed ownership late last month for an undisclosed sum, according to CBRE. Acacia Capital Corp. a real estate firm in San Mateo, …

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Report: Riverside vulnerable to housing shortage

Riverside’s housing market is among the most vulnerable in the United States to a slowdown if a recession hits, according to a recent study. Homeowners in Boise, Idaho, Tampa, Fla. and Phoenix, Ariz. are considered more likely to lose at least some of the value their properties accumulated during the …

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Logistics center in Perris signs two more tenants

More than 1.1 million square feet of space has been leased at Knox Logistics Center, an eight-building warehouse-distribution project under construction in Perris. A logistics services company whose name was not released will occupy all of the center’s third building, Knox III, which will cover 692,645 square feet at 22305 …

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Distribution facility sell for $102 million

Sold Sign

An automated distribution facility in Bloomington that specializes in “last-mile” deliveries has been sold for $102 million. Crow Holdings Development, a private Investment-development firm in Dallas, sold the 344,360-square-foot structure at 18025 Slover Ave., according to JLL, which helped negotiate the sale. Information about the buyer was not released. The …

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Truck terminal sells for $83 million

Sold Stamp

A 43,000-square-foot truck terminal in Rialto has been sold for $83 million in an off-market transaction. The project, at 2650 S. Willow Ave, was purchased recently by Bridge Logistics Properties, a real estate management company, according to statement. The seller, TFI International Inc., is a transport and logistics company based in Saint-Laurent, …

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