Real Estate

A pair of retail centers in Temecula have sold for a combined $26.1 million. Bel Villagio I-II and Bel Villagio III, a mix of restaurants, “daily use” goods and other retail, has been sold to Poincare Group LLC, according to a statement. The seller was Pathfinder Partners, a private real …

A display of model homes will be held Saturday at Nova, a neighborhood to be built in southeast Rancho Cucamonga. Nova, which is being developed by The New Home Company, will consist of 135 three-story townhomes and single-stacked flats, according to a statement. It will be part of The Resort, …

A 9.5-acre site in Perris has been sold to a logistics company that plans to build a warehouse-distribution facility there. Dedeaux Properties in Commerce paid $2.2 million for the property at 5150 Walnut Ave., according to a statement released by Avison Young Ontario, which negotiated the transaction. The seller was …

A commercial real estate company in Orange County has purchased two occupied retail buildings in San Bernardino. Wood Investments Cos. Inc. bought Food 4 Less and Ross Dress for Less,  both in the 500 block of West 2nd Street, the heart of the city’s downtown, according to a statement. The …

Sales of existing single-family homes in California totaled 398,880 in December, a 7.4 percent increase year-over-year, according to a report. Statewide, the median price of a single-family home during the last month of 2019 was $615,090, up 10.3 percent from December 2018, the California Association of Realtors reported recently. “Despite …

The Inland Empire’s industrial market continued to roar during the fourth quarter of 2019, with significant year-over-year jump in gross absorption along with solid vacancy and lease rates. Total industrial absorption in Riverside and San Bernardino counties at the end of last year was 10,047,337 square feet, an increase of …