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State home sales inch up

Sales of existing single-family homes in California totaled 241,520i in January, up slightly from December but a 45.7 percent drop from one year earlier, according to a report released today. Statewide, the median home price in the first month of 2023 was $751,330, down three percent from December and a …

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ONT flies high in January

ONT nearly back to pre-pandemic passenger levels

Ontario International Airport is off to a good start in 2023. January’s passenger count topped the January 2022 count by 26 percent, as nearly 429,000 air travelers passed through the airport, according to a report released today. Domestic fliers totaled 405,000, while the international count reached 23,000, year-over-year increases of …

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Progressive arranges three cookie store leases

Progressive Real Estate Partners in Rancho Cucamonga has negotiated three leases for the franchisee of a popular cookie store chain. All three Crumbl Cookies sites are on the east end of the San Gabriel Valley: Diamond Bar (1,685 square feet at 2438 Golden Springs Drive), Glendora (1,200 sf at 1385 …

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Children’s hospital to spend $135 million grant on upgrades

Loma Linda University Children’s Hospital has received a $135 million state grant that will pay for six major projects, including construction of a pediatric medical office building. The grant, announced recently, is the largest ever given out by the California Health Facilities Financing Authority, according to statement on the hospital’s …

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Shopping center sells for $24.6 million

Sold Stamp

A grocery-anchored shopping center in Menifee has been sold for $24.6 million. Tourmaline Capital, a San Diego-based real estate investments firm, sold the property to a private investor, according to JLL Capital Properties. JLL’s Irvine office represented Tourmaline Capital in the negotiations, which were completed last month. The buyer’s name …

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