Real Estate

A building in Lake Elsinore occupied by Walgreens has been sold for $10.5 million. The structure, at the Diamond Drive/Railroad Canyon exit of Interstate 15, was sold by Diamond Properties in Foster City to an anonymous investor in Irvine, according to Hanley Investment Group Real Estate Advisors. Hanley Investment Group …

California’s housing market stayed healthy in October, maintaining sales above pre-pandemic levels despite a decline in year-over-year sales for the fourth consecutive month. Sales of existing single-family detached homes totaled 434,170 last month, according to data collected from more than 90 realtors statewide, according to the California Realtors Association in …

Star Crab, the Cajun-style seafood restaurant that started in Riverside in 2013, will open a restaurant at Fontana Plaza. The restaurant chain has leased 5,800 square feet at Fontana Plaza, 9860 Sierra Ave., according to a statement released Wednesday by Progressive Real Estate Partners in Rancho Cucamonga. Progressive, which specializes …

A Newport Beach real estate investment firm has sold 261single-family lots within Braverde, a master-planned community in Menifee. IHP Capital Partners sold the parcels, which are part of the project’s second and final phase, to Richmond American Homes in Denver for an undisclosed sum, according to a statement released Monday. …

Construction has begun on a 135-room hotel in Rialto. Ayres Hotel Rialto is being built at Linden and Renaissance Parkway next to the Foothill Freeway. When finished, the hotel will be part of Renaissance Marketplace, a master-planned community being developed by the Lewis Cos. in Upland. The hotel will have …

A Los Angeles developer will build a retail project on 1.2 acres it has purchased in Moreno Valley. Seagrove Property Group paid $1,050,000 for the parcel at 23125 Sunnymead Blvd. near the 60 Freeway, according to Progressive Real Estate Partners in Rancho Cucamonga, which negotiated the transaction. Information about the …