Real Estate

California’s housing market continued to improve in August, as sales of single-family homes reached their highest point in more than 10 years. Existing, single-family home sales were 465,400 in August, up 6.3 percent from July and up 14.6 percent from August 2019, according to the California Association of Realtor’s monthly …

A Starbucks drive-thru in Lake Elsinore has sold for $3.8 million. Pacific Capital, a financial advisor with offices in Corona and Newport Beach, was the seller, according to a statement. The buyer was a West Covina-based investor whose name was not released.  Hanley Investment Group represented the seller. The buyer …

An Orange County commercial real estate company has bought a building in Chino Hills occupied by 99 Cents Only. The structure, in the Chino Hills Parkway shopping center, covers 28,240 square feet on nearly three acres, according to a statement. Wood Investment Cos. Inc. in Costa Mesa bought the building …

A building in Temecula occupied by Raising Cane’s Chicken Fingers has sold for $6.8 million. That is the most ever paid for a property leased by the Baton Rouge, La. -based chain – $1,728 per square foot – according to a statement released by SRS Real Estate Partners’ National Net …

An industrial building in Victorville will be converted into a medical complex. The 20,000 square-foot building at 12490 Business Center Drive has been purchased by a group of physicians in the High Desert for an undisclosed sum, according to a statement released by The Bradco Cos., the largest commercial real …

T-Mobile has signed a lease on 1,300-square-foot of retail space Yucca Valley. The property, at 57750 Twentynine Palms Highway, will house a corporate store that is expected to open by the end of the year, according to a statement on Progressive Real Estate Partners website. Rancho Cucamonga based Progressive represented …