Monday , October 25 2021

Real Estate

Health center is sold

Sold Spelled in Tiles

Pomona Valley Health Center in La Verne has been sold for $24.6 million. The facility, at 2317-2333 Foothill Blvd, covers nearly 40,000 square feet and is 100 percent leased, with the health center accounting for about 85 percent of the occupancy, according to a statement released by CBRE. The seller …

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Forecast: home sales to drop in 2022

median priced home

Sales of existing single-family homes in California are expected to drop 5.2 percent in 2022, according to the California Association of Realtors. California’s median home price will increase 5.2 percent next year, to $834,400, the association predicted in its 2022 housing forecast, which it released Thursday. To put the median …

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Norco industrial park changes hands

A 422,000-square-foot warehouse complex in Norco has been sold. Saddle Ranch Business Park was sold to Alere Property Group in Newport Beach for an undisclosed sum, according to a statement released by the company. The seller was CapRock Partners, a developer and industrial real estate agency also in Newport Beach. …

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