Tag Archives: Real Estate

Three apartment complexes in the Coachella Valley have been sold for $3.8 million. The properties, at 3760 and 4022 E. Calle De Carlos in Palm Springs and 78981 Savanna La Mar Drive in Bermuda Dunes, were bought by a local private investor whose name was not released, according to a …

A Chicago-based real estate investment company has purchased a 736-unit apartment complex in Ontario. Waterton, which specializes in multifamily, senior living and hospitality projects, bought Terracina 3303 S. Archibald Ave., for an undisclosed sum, according to a statement on the company’s website. The 41.3-acre community, which will be rebranded as …

Amazon is building a 4.1-million-square-foot warehouse distribution facility in Ontario. The five-story project will reportedly employ 1,500 people and be the online retail company’s largest logistics facility anywhere in the world, according to multiple reports. ProLogis Inc., a San Francisco-based real estate trust, is building the project in the southwest …

Large industrial projects are having to move away from urban areas The Inland Empire isn’t the only market that is running out of space large enough to accommodate mega warehouse-distribution centers. The trend, strongest in the Inland region, is happening in five of the United States’ industrial markets, according to a report …

A 120-acre parcel in Victorville meant for residential development is up for sale. Stoddard Creek has been approved for 319 single-family homes on lots of at least 5,000 square feet, according to WD Land in Irvine. “It’s a good sized property for the area,” said Curt Crandall, partner with WD …

Sales of existing single-family homes in California reached 419,040 in April, down nearly two percent from March and an 8.5 percent drop year-over-year, according to data released Tuesday. Statewide, the median price of a single-family home last month was $884,890, up 4.2 percent from March and 8.7 percent higher than …