Real Estate

A 224,700-square-foot industrial building in Temecula has been sold. MCA Realty Inc. in Newport Beach bought the building at 41995 Zero Drive for an undisclosed sum, according to a statement released by the company. The seller was not identified. The transaction included an adjacent 5.4 acres for possible expansion. “Temecula …

The Chino Spectrum Towne Center has been sold. Brixmor Property Group, a New York-based real estate investment trust, bought the power center near the 71 Freeway from MetLife Investment Management, according to CBRE. CBRE represented MetLife in the negotiations. Cost of the transaction was not disclosed. Opened in 2002, Chino …

A Starbucks Cafe & Drive-Thru in Perris has been sold for $4.8 million. Hanley Investment Group in Corona Del Mar represented the seller, Yellow Rose Ranch, LLC, according to a statement, Yellow Rose Ranch also developed the property at 3939 Ramona Expressway. The buyer was a private investor from Newport …

The Inland Empire’s industrial market’s vacancy rate rose to 8.8 percent during the fourth quarter of 2025, a 1.1 percent year-over-year increase, according to a recent report. At the same time, the average monthly lease rate was $1.00 per square foot, a two-cent decrease from the previous quarter, and down …

A boutique coffee bar chain is coming to Murrieta. Black Rock Coffee Bar has leased 25,644 square feet at the Margarita Square Shopping Center in Murrieta, where it plans to develop a drive-thru facility, according to Westmar Commercial Real Estate in Temecula. The property is at the southeast corner of Murrieta Hot Springs …

A gas station and convenience store in San Bernardino have been sold for $2.7 million. The transaction included both buildings and the property they occupy at 2734 Del Rosa Ave., according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive represented the seller, a Rancho Cucamonga resident who owns gas …