Real Estate

A medical office building in the Coachella Valley that is home to several nationally-known companies has been sold for $10.5 million. Indian Wells Medical & Professional Center was purchased by Circle Vision, a commercial real estate investment and management company in Tustin, according to Progressive Real Estate Partners in Rancho …

The Inland Empire multifamily market closed the third quarter with a 95.8 percent occupancy rate, a slight decline from the previous quarter, according to a report. The 0.4 percent drop can be attributed to projects, especially luxury projects, coming onto the market, causing vacancies to rise, CBRE reported. Demand for space …

Construction has begun on the fourth phase of a public housing development in San Bernardino meant for low-income families and individuals. Alder Square is the latest edition of Arrowhead Grove, a multi-million-dollar reconstruction of Waterman Gardens, a 38-acre housing development at 2634 Copper Lane that began construction in 2012, according to …

A Grocery Outlet in unincorporated San Bernardino County has been sold for $6 million. A private investor in San Diego sold the store and the parcel it occupies to a Los Angeles investor, according to Hanley investment Group. Hanley Investment represented the seller. Both buyer and seller wished to remain …

Housing affordability in California rose slightly during the third quarter, the result of a drop in market competition and a rise in available housing. Seventeen percent of the state’s households could afford the median price of an existing single-family home – $887,380 – in the quarter that ended Sept. 30, …

A Bible college and conference center in the San Bernardino Mountains is for sale. Twin Peaks Christian Campus, which has long been used for education, faith, and community gatherings, is available for $12 million, according to The Hoffman Company, which is marketing the property. The 24-acre parcel is occupied by …