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Tag Archives: Real Estate

Riverside industrial property changes hands

Freeway Business Center, an industrial facility in Riverside, has been sold. Alere Property Group bought the building at 2677 E. Alessandro Blvd., according to a statement released Friday. The 709,000 square-foot structure next to Interstate 215 was completed last year. It is fully leased to UNIS, LLC, a national third-party …

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Colton industrial building is sold

Sold Spelled in Tiles

CBRE has negotiated the sale of a 182,630-square-foot industrial building in Colton. The structure, at 1603 S. La Cadena Drive, is fully occupied and leased to a single-tenant, according to a statement released today. The buyer was Walton Street Capital, a private equity real estate investment firm in Chicago. The …

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Chino Hills shopping centers under new ownership

office building in riverside sells for $11.4 million

Two retail properties in Chino Hills have been sold for a combined $19 million. Chino Hills Grand Plaza and Gateway Village were sold to separate buyers for their original asking prices, according to Hanley Investment Group Real Estate Advisors. Hanley Investment represented the seller of both properties, VantageOne Real Estate …

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Jurupa Valley gas station, Circle K sold

Sold Stamp

A Shell service station, Circle K convenience store, and car wash in Jurupa Valley have been sold for $9.3 million. Progressive Real Estate Partners in Rancho Cucamonga helped negotiate the transaction, which includes both businesses and the property they occupy at 3873 Pyrite St. The sale price is reportedly the …

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Pomona apartment complex sells for $130 million

Sold Spelled in Tiles

A 349-unit apartment complex in Pomona has been sold for $130 million. Monterey Station, 120-180 E. Monterey Ave., was purchased by Standard Communities and Faring in Los Angeles, which develops affordable workforce housing, according to CBRE. The seller, Clear Capital LLC in Irvine, which invests in multifamily properties, was represented …

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Riverside multifamily complex is sold

Sold Stamp

A 264-unit apartment complex in Riverside has been sold. Viano at Riverwalk was sold by Griffin Living, a real estate development firm in Calabasas, for an undisclosed sum, according to a statement released by CBRE. The buyer was Greystar Real Estate Partners in Charleston, S.C. Greystar is an international real …

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