Real Estate

A strip mall in Menifee has been sold to a private investor. The Shops at Town Center Marketplace, located at 30029-30067 Haun Road, changed hands for $9.4 million, according to a statement released by CBRE. Buyer and seller were both represented by CBRE. Neither party’s name was released. The project, …

A Brea company that makes consumer networking products is moving to Chino Hills. TP-Link USA Corp., a worldwide provider of routers, range extenders, switches network adapters and other products, has bought the Chino Hills Commerce Center for $15.9 million, according to a statement released by Newcastle Partners Inc. in San …

A 37,000-square-foot building in Temecula occupied by LA Fitness has been sold. The structure, at 29920 Temecula Parkway, sold for $13 million to a family trust in Los Angeles whose identity was not disclosed, according to a statement released by Hanley Investment Group Real Estate Advisors in Corona Del Mar. …

A retail property in Pam Desert occupied by a Walmart Neighborhood Market has been sold. The site at 72314 Highway 111 sold for $13.5 million to a Chicago investor whose name was not released, according to a statement released by Newmark Knight Frank. Paragon Commercial Group, a retail development firm …

Center Tower Riverside, a five-story Class A downtown office building, has been sold. The building, at 3880 Lemon St., sold for $20 million, Newmark Knight Frank said in a statement. The buyer, DeAnza Land and Leisure Corp. in Montclair, was represented by Newmark Knight Frank. CBRE represented the seller, CIP …

Park Plaza, a three-building office complex in Redlands, has been sold. Cypress West Partners, a leasing and property management firm in Rancho Santa Margarita that specializes in healthcare properties, bought the project for $6.3 million, according to a statement released by CBRE. The buyer was Northstar Commercial Partners, a commercial …