Real Estate

A chain of medical offices in the Inland Empire is selling its office space to private investors, then leasing that space back in attempt to cut costs. Inland Psychiatric Medical Group Inc. began selling its 10 Inland Empire properties about two years ago, and is expected to sell the last …

A sandwich shop and an ice cream parlor have leased space at a Murrieta shopping mall. Jimmy John’s Gourmet Sandwiches has signed a 10-year agreement to occupy 1,325 square feet of space at Murrieta Springs Plaza, a grocery-anchored shopping center at 25296 Madison Ave., according to WestMar Commercial Real Estate …

The number of Inland Empire homes with negative equity – better known as underwater or upside down – fell during the third quarter, according to data released Thursday. Eight point three percent of all residential properties with a mortgage in Riverside and San Bernardino counties had negative equity during the …

Del Webb Community Homes will build the first two neighborhoods in Terramor, a master-planned community in Temescal Valley just south of Corona. The communities, both of which are expected to be completed next spring, will be for people 55 and older, according a statement released Wednesday. The Del Webb neighborhoods, …

A company that designs and manufactures plastic containers for food, beverage and other consumer products will add to its operation at Southern California Logistics Airport in Victorville. Plastipak Packaging Inc. has leased part of 370,023-square foot industrial building that is being built by Stirling Development, the airport’s master developer, according …

Century 21 Peak has acquired American Inland Empire R.E., Inc., a real estate company that does business as Weichert Realtors 24/7. The purchase, which was announced last week, is part of Century 21 Peak’s bid to expand its market share in Southern California during the next five years. Terms of …