Real Estate

Progressive Real Estate Partners in Rancho Cucamonga has helped negotiate a lease for a drive-thru restaurant in Los Angeles County. The Habit Burger Grill will occupy a 2,366-square-foot pad/building in a strip mall at 1245 N. Grand Ave. across the street from Mt. San Antonio College in Walnut, according to …

Sales of existing single-family homes in California reached 289,460 in May, up 9.8 percent from April but down 23.6 percent year-over-year, according to data released this week. The statewide median home price last month was $836,110, up three percent from April and down 6.4 percent from May 2022, the Los …

A 385-unit multifamily property in Montclair has been sold for $150 million. Archway Equities’ purchase of The Paseos at Montclair North is reportedly the largest multifamily transaction in Southern California this year, according to a statement. 4914 Olive Street Properties LLC was the seller.  JLL represented the investment group in …

A Starbucks-anchored property in Riverside has been sold for $4.8 million. The one-acre parcel at 22420 Van Buren Blvd. is part of Veteran’s Plaza, a community shopping center, according to a statement. In addition to Starbucks, Express Gadget Repair, Jersey Mike’s and Desperate Measures, which sells accessories for hunters and …

An Orange County industrial developer will build a 500,000-square-foot warehouse-distribution facility in Moreno Valley. CapRock Partners in Newport Beach will develop CapRock Global Logistics on 22 acres it has purchased within the World Logistics Center, the planned 2,610-acre industrial park, according to a statement released this week. CapRock bought the …

A Dallas-based homebuilder will develop 144 townhomes in Ontario. The neighborhood, Eave II, will be part of the Neuhouse masterplanned community, according to Landsea Homes Corp. The project, which will be developed about two miles south of the Interstate 15/60 Freeway interchange, broke ground recently. Sales are expected to start …