Real Estate

Southern California’s median home-sale price declined in February to $690,000, a 0.3 percent year-over-year drop, according to data released today. That number includes new and resale homes and resale condominiums in Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Ventura counties, according to CoreLogic in Irvine. Not enough houses …

The second phase of a 72-acre business park will be occupied by a single tenant. Logistics Plus Warehousing & Fulfillment, Inc., a third-party logistics company based in Erie, Pennsylvania, has signed a five-year lease to occupy Columbia Business Park II, according to a statement released Monday by Trammell Crow Co. …

Statewide sales of single-family homes totaled 284,010 in February, up 17.6 percent from January but down 33.2 percent year-over-year, according to a recent study. The median price home price in California during the second month of this year was $735,480, down 2.1 percent from January and down 4.8 percent from …

A community shopping center in Ontario has been sold for $54.3 million. New Haven Marketplace was purchased by Sakioka Farms, a Costa Mesa-based real estate company, according to a statement released Monday by Newmark Group Inc. Newmark represented the buyer,  Frontier Real Estate Investments in Newport Beach. Anchored by a …

A 20,000-square-foot retail structure in San Bernardino occupied by Office Depot has been sold for nearly $4.9 million. The building, at 675 E. Hospitality Lane, is part of the Tri-City Commons/Hospitality Lane District, one of the Inland Empire’s better-known retail, dining, office and hospitality destinations, according to Progressive Real Estate …

Median rent in the United States rose 1.7 percent in February, to $1,937, according to data released recently. That was the smallest year-over-year increase in asking rental rates in nearly two years, and the lowest median rent nationwide in 12 months, Seattle-based Redfin reported. February was the ninth consecutive month …