Real Estate

Two industrial buildings within Adelanto’s cannabis zone have been sold. The structures, both about 6,000 square feet, sold for $1.7 million, according to a statement released by The Bradco Cos. in Victorville. Both buildings are on a one-acre lot at 17336 and 17338 Muskrat Ave. Built in the early 1990s, they …

A medical office building in Riverside has been sold. Latham Medial Plaza, a two-story building at 4361 Latham St., sold for $7.8 million, according to a statement released by CBRE. CBRE represented the seller, Jolish Latham, LLC and Latham ZG, LLC, both San Francisco-based private investors. The buyer was JKI …

A Shell service station and a Circle K convenience store in Bloomington have changed ownership. The freestanding businesses at 2128 S. Riverside Ave. were sold for $6.2 million to a private investor in Riverside County who operates ARCO stations throughout California, according to Progressive Real Estate Partners in Rancho Cucamonga. …

Housing affordability in California dropped to its lowest point in two years during the third quarter, according to the California Association of Realtors. Double-digit prices increases and a lack of homes for sale meant only 28 percent of the state’s potential home buyers could afford the median price of $693,680, …

A former banking complex in Riverside has been purchased by a company that offers intervention services and early treatment for autistic children. Dream Big Children’s Center paid $1.4 million for the structures at 6876 Magnolia St., according to Progressive Real Estate Partners in Rancho Cucamonga.  Progressive Real Estate represented the …

A Starbucks-anchored retail center in Temecula has been sold. The Shops at Gateway to Temecula, an 8,325-square-foot retail center with multiple tenants, sold for $7.1 million, according to a statement. The seller, Pacific Real Estate of Corona, was represented by Hanley Investment Group, who announced the sale. The buyer, a …