A retail parcel in Victorville that is partly occupied by a 23,500-square-foot Sprouts Farmers Market has been sold for $9.3 million. The rest of the property is a vacant 21,000-square-foot parcel available for rent, according to Hanley Investment Group in Coronal Del Mar, which represented both parties in the transaction. …
Read More »Car wash sites sell for $8.6 million
Two Quick Quack Car Wash properties in Riverside County have been sold. The site at 39480 Murrieta Hot Springs Road in Murrieta sold for $4.5 million, while the property at 3605 Van Buren Blvd. sold for $4.1 million, according to RealSource Group, a national commercial real estate brokerage company. Both …
Read More »August a decent month for state housing market
California’s housing market finished the summer in solid form, posting month-over-month and year-over-year gains in sales and median prices. Sales of existing single-family homes in August totaled 269,620, up 2.4 percent from July and up 1.4 percent compared with August 2025, according to the California Association of Realtors. Statewide, the …
Read More »Palm Springs apartment complex sold
CBRE has negotiated the sale of an apartment complex in Palm Springs. Deepwell Apartments, a 31-unit project at 1680 E. Palm Canyon Drive, sold for $5.8 million, according to CBRE. That price works out to $195,167 per unit and $288 per square foot. CBRE represented the seller, AMG Deepwell Apartments …
Read More »The Shoppes at Chino Hills sold
The Shoppes at Chino Hills has been sold. Stockdale Capital Partners, a Los Angeles-based private equity firm, and Hamilton Lane, a global private markets investment firm, bought the open-air lifestyle center for $157 million, according to a statement released by both companies. The Shoppes at Chino Hills covers 378,140 square …
Read More »Montclair retail center sold
A neighborhood retail center in Montclair that is home to one of the region’s best-known independent record stores has been sold. The facility at 5458-5484 Moreno St. near Montclair Place recently changed hands for $5.6 million, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive represented the buyer and …
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IE Business Daily Business news for the Inland Empire.