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Tag Archives: Real Estate

Site of Norco fast-food restaurant sold

building sold

The site of a fast-food restaurant in Norco has been sold $2.6 million. The Taco Bell restaurant, at 1460 Sixth St., opened recently after signing a 25-year ground lease, according to a statement released by SRS Real Estate Partners’ National Net Lease Group in Newport Beach. SRS National represented the …

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CBRE secures four leases at Shea Center

Dermody signs Eastvale tenant

Four companies have leased a combined 731,712 square feet of industrial space in Corona. Columbia Aluminum Products, Tyger Auto, Mascot International Logistics and Web Deal Direct have agreed to occupy the space at Shea Center West, which was completed earlier this year, according to a statement released by CBRE. All …

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Colton industrial park changes hands

Sold Sign

A six-building industrial park in Colton has been sold. La Crosse Business Park, 2273-2278 La Crosse Ave., sold for an undisclosed sum to an Orange County investor whose name was not disclosed, according to a statement. Avison Young represented the buyer. NAI Capital represented the seller, a Los Angeles investor …

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Housing market stays up

California’s housing market remained relatively healthy in October, as sales and prices recorded year-over-year double-digit increases thanks to low mortgage rates. Sales of existing single-family homes totaled 484,510 last month, a 1.9 percent increase compared with October 2019, according to the Los Angeles-based California Association of Realtors.  Statewide, the median …

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Buildings in Adelanto cannabis zone are sold

Two industrial buildings within Adelanto’s cannabis zone have been sold. The structures, both about 6,000 square feet, sold for $1.7 million, according to a statement released by The Bradco Cos. in Victorville. Both buildings are on a one-acre lot at 17336 and 17338 Muskrat Ave. Built in the early 1990s, they …

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Medical office sells for $7.8 million

A medical office building in Riverside has been sold. Latham Medial Plaza, a two-story building at 4361 Latham St., sold for $7.8 million, according to a statement released by CBRE. CBRE represented the seller, Jolish Latham, LLC and Latham ZG, LLC, both San Francisco-based private investors. The buyer was JKI …

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