Real Estate

Medical office buildings in the Inland Empire enjoyed a solid fourth quarter last year. That niche continued to outperform the region’s overall office market, as its vacancy rate decreased, leases increased and investments in medical office properties surged, according to CBRE. Thirty-three hundred healthcare jobs were added in Riverside and …

A McDonald’s drive-thru in Wildomar has been sold for $3.2 million. The property at 22193 Bundy Canyon Road was purchased in a ground-lease transaction by a private international investor whose name was not released, according to RealSource Group, a commercial real estate brokerage in Newport Beach. The seller, who was …

The Inland Empire office market remained reasonably strong during the fourth quarter of last year, with stable vacancy and a small amount of absorbed space. The two-county region’s vacancy rate was 5.9 percent, unchanged from the previous quarter, while it added a modest 980 square feet, according to CBRE. Availability …

A medical office building in Chino has been sold. Chino Hills Professional Plaza, a 41,000-square-foot structure at 2140 Grand Ave. changed hands recently for an undisclosed sum, according to CBRE. A joint venture between Cypress West Partners, a Rancho Santa Margarita Real Estate agency, and TPG Angelo Gordon, a global credit …

Pending homes nationwide fell 5.9 percent month-over month in December, the lowest seasonally adjusted level ever except April 2020. Compared with December 2024, pending home sales were 7.4 percent, according to Redfin, a Seattle-based real estate agency. “Buyers are extremely selective, and still think prices are too high,” said Alison Williams, …

California’s housing market ended 2025 on a strong note. Sales of existing single-family homes in December were up 0.3 percent month- over-month and up two percent compared with December 2024, according to the California Association of Realtors. Those numbers are annualized, meaning they represent the number of homes that would have …