Indio: City Buys Former Ralph’s Grocery Store for $3.25M

Property To Be Converted Into Indio Public Library
The city of Indio purchased the former Ralph’s at 81731 Ave. 46 in Indio from the Ralph’s Grocery Co. for $3.25 million, or approximately $101 per square foot.
The 32,134-square-foot property had been vacant since Aug. 27, 2005. The city plans to use this property as the new location [...]

Corona: Always Believe Sells Retail Building for $2.5 Million

Always Believe Sells Retail Building for $2.5 Million, RJ Realty Buys 480 N. Main for $312 PSF
Always Believe Inc. sold the 8,010-square-foot general retail building at 480 N. Main St. in Corona to a shell company for RJ Realty Investors for $2.5 million, or approximately $312 per square foot. The capitalization rate was 6%.
The two-story [...]

Introduction

This blog has been created as a point of information regarding investment & commercial real estate activity in Southern California’s Inland Empire of San Bernardino and Riverside Counties
The plan is to post tips, tools, news and articles, which may assist you in enhancing or beginning your real estate portfolio.
Please visit some of my other popular web [...]