Tuesday , February 4 2025

Real Estate

Home sales fall, but market still considered strong

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Single-family home sales fell 8.2 percent year-over-year in February, the eight consecutive month sales have fallen in that category, according to a report released this week. Statewide sales totaled 424,640 during the second month of the year, while the median price of a home in California was $771,270, up 10.3 …

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Class A industrial building planned for Corona property

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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 …

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Dornin Investment Group sells Class A office building

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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, …

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Family trust buys Riverside Kaiser building

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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 …

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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 …

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