An Orange County company has bought a 13-acre parcel in Corona that is home to a 67,000-square-foot industrial building occupied by Laticrete International, which makes concrete and stone building materials. North Palisades Partners, an industrial and development firm, paid $35 million for the property at 22740 Temescal Canyon Road in …
Read More »Dornin Investment Group sells Class A office building
A Class A Riverside office building has been sold for $13.1 million. The property, at 2280 Market St., sold to a California-based business whose name was not released, according to Dornin Investment Group, the building’s seller. Dornin investment, a real estate firm with offices in Laguna Beach and Las Vegas, …
Read More »Family trust buys Riverside Kaiser building
CBRE has negotiated the sale of a multi-tenant office building in Riverside. The building, at 11870 Pierce St., sold for $10.1 million to an Orange County family trust whose name was not released, according to a statement. Kaiser Permanente occupies 32 percent of the building, making the it the building’s …
Read More »Habit Burger building sells for $4.5 million
A Palm Desert building occupied by The Habit Burger Grill has been sold. The building at the Monterey Crossing Shopping Center sold for $4.5 million, according to Hanley Investment Real Estate Advisors. Hanley Investment represented the seller, Fountainhead Development in Newport Beach. The buyer was a private investor whose name …
Read More »The Plaza Theatre in Palm Springs is about to get a major overhaulf
Closed since 2014, a massive restoration was derailed by COVID-19 but is now back on track thanks to a $5 million donation. The next steps are to finish fundraising and come up with some plans. Backers of the restoration of the Plaza Theatre in downtown Palm Springs got …
Read More »State housing market stays solid in January
Sales of existing single-family homes in California totaled 444,540 in January, up 3.4 percent from December but down 8.3 percent year-over-year, according to the California Association of Realtors. The year-over-year sales decrease was the seventh straight decline but the smallest in six months, the Los Angeles-based association reported. The statewide …
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