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The Riverside City Council has reached two agreements regarding The Cheech Marin Center for Chicano Art and Culture, both of which bring the long-planned project closer to happening. First, council members have approved a 25-year management agreement with the Riverside Art Museum, according to a statement on the city’s website. …

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 …

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. …

A long-planned annexation of more than 4,000 acres of mostly open space, something the city has tried to do for 40 years, finally happened in December. Plans call for some single-family homes and light commercial development on the property, but mostly city officials want to preserve the area’s rural feel. …

The Cardenas Markets Foundation will donate $120,000 in scholarships to students in communities where the supermarket chain operates. Sixty scholarships of $2,000 each will be awarded during the 2021-2022 school year, according to a statement released by the Ontario-based company’s charitable division. Recipients will be based on academic qualifications, financial need, …

The Inland Empire office market put up some decent numbers during the last three months of 2020, according to data released this week. Average lease rates rose to $1.92 per square foot, a two percent increase compared with the fourth quarter of 2019, according to Newmark, the global commercial real …