Real Estate

U.S. home prices rose 18.1 percent in November year-over-year, according to data released last week. Month-over-month, home prices rose a solid 1.3 percent, as one of the hottest years for home price drew to a close, Irvine-based CoreLogic report. Home prices are expected to continue to grow this year, but …

Freeway Business Center, an industrial facility in Riverside, has been sold. Alere Property Group bought the building at 2677 E. Alessandro Blvd., according to a statement released Friday. The 709,000 square-foot structure next to Interstate 215 was completed last year. It is fully leased to UNIS, LLC, a national third-party …

CBRE has negotiated the sale of a 182,630-square-foot industrial building in Colton. The structure, at 1603 S. La Cadena Drive, is fully occupied and leased to a single-tenant, according to a statement released today. The buyer was Walton Street Capital, a private equity real estate investment firm in Chicago. The …

Two retail properties in Chino Hills have been sold for a combined $19 million. Chino Hills Grand Plaza and Gateway Village were sold to separate buyers for their original asking prices, according to Hanley Investment Group Real Estate Advisors. Hanley Investment represented the seller of both properties, VantageOne Real Estate …

A Shell service station, Circle K convenience store, and car wash in Jurupa Valley have been sold for $9.3 million. Progressive Real Estate Partners in Rancho Cucamonga helped negotiate the transaction, which includes both businesses and the property they occupy at 3873 Pyrite St. The sale price is reportedly the …

A 349-unit apartment complex in Pomona has been sold for $130 million. Monterey Station, 120-180 E. Monterey Ave., was purchased by Standard Communities and Faring in Los Angeles, which develops affordable workforce housing, according to CBRE. The seller, Clear Capital LLC in Irvine, which invests in multifamily properties, was represented …