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Real Estate

Large industrial deals thrived in 2020

Boosted by the boom in online shopping created by COVID-19, 2020 was a record year for large industrial transactions in the United States. Forty eight leases of one million square feet or more were recorded last year, up from 29 in the previous year, according to data released Wednesday by …

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Medical office building fetches $3.8 million

building sold

A medical office building in Montclair has sold for $3.8 million. Holt Medical Center at 5153 Holt Blvd. was sold by a private investor in Orange County to a buyer who was represented by an outside broker, CBRE announced. Both parties wished to remain anonymous. Built in 2006, the 12,453-square-foot …

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Fontana shopping center sold

Sold Sign

A Fontana retail center with no anchor tenants has sold for $2.8 million. Shops at Fontana Square was sold by a private investor in Arizona to another private investor from Southern California, according to Progressive Real Estate Partners in Rancho Cucamonga. Progressive represented the seller and Dolly Realty-Property Management in …

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Medical office buildings in Corona change hands

building sold

A pair of medical office buildings in Corona have sold for $4.2 million. The vacant buildings at 818 and 830 Magnolia Ave. sold for $2.1 million each to separate local physicians whose names were not released, according to a statement released by Avison Young. Both doctors plan to use part …

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Former Food-4-Less changes hands

building sold

A Corona building formerly occupied by Food 4 Less has been sold. The structure at 109 N. McKinley St. sold for $4.7 million, Progressive Real Estate Partners in Rancho Cucamonga announced in a statement Wednesday. The buyer, Expert Hardwood Flooring, plans to use the 55,000-square-foot building as a wholesale distribution …

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Medical office complex sells for $18.3 million

Sold Sign

A three-building medical office complex in Redlands has sold for $18.3 million. The Park Plaza Medical Campus at 1776, 1782 and 1790 Park Ave. was sold by Cypress West Partners in Rancho Santa Margarita, according to CBRE. Cypress West owns and operates medical office properties throughout the western United States. …

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