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 …
Read More »Jurupa Valley gas station, Circle K sold
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 …
Read More »Pomona apartment complex sells for $130 million
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 …
Read More »Riverside multifamily complex is sold
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 …
Read More »Ontario parcel set for homes converts to industrial
An Ontario property originally intended for houses will instead be home to a “big-box” industrial project. Dermody Properties will develop Logisticenter at Ontario Ranch on a 54.4-acre parcel at Hamner Avenue and Ontario Ranch Road, the Reno-based company announced Tuesday. Logisticenter will consist of one industrial warehouse that will cover …
Read More »National, foreclosure rates hit record lows
Nearly four percent of all U.S. mortgages were in some state of delinquency – at least 30 days or more past due – in September, a 2.4 percent year-over-year decrease, according to data released this week. Adverse delinquencies – 60 to 89 days past due – were at 0.3 percent in September, …
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