Avison Young has negotiated the sale of a 139,000-square-foot industrial building in Jurupa Valley. The vacant structure at 10220 San Sevaine Way sold for $19.8 million. The buyer was a was Stos Partners, a real estate investment firm in San Diego. The seller was a private company whose name was …
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A 75-unit apartment complex in Ontario has been sold for $28 million. The property, at 840 Magnolia Ave., was purchased by a private foreign investor whose name was not released, according to CBRE Ontario, which brokered the deal. The seller was a private investor who also wished to remain anonymous. …
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A cold storage/manufacturing facility in Colton has been sold for $7.5 million. The 45,000-square-foot operation at 1750 N. 8th St was purchased by Integreon Global LLC in New Jersey, according to a statement released by Avison Young. Avison Young represented Integreon Global in the negotiations. The seller, Modu Food Factory, …
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U.S. homeowners with mortgages saw the equity in their homes rise an average of 31.1 percent between the third quarter of 2020 and the third quarter of this year, according to data released this week. That was a collective equity gain of more than $3.2 trillion – an average gain …
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Two Newport Beach developers plan to build 163 townhomes in Wildomar in southwest Riverside County. Sancerra Communities and STG Capital Partners have purchased a 26-acre parcel at Palomar Street and Jefferson Avenue and will develop a build-to rent community there, according to a statement released Tuesday. Cost of the parcel, …
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U.S home prices grew 18 percent year-over-year in October, the highest rate recorded in 45 years, according to data released today. Despite that, growth in single-family home prices nationwide has slowed since April, and price growth is likely to continue to grow slowly for at least a few months, Irvine-based …
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IE Business Daily Business news for the Inland Empire.
